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News watch January 2013: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourFriday 18 January 2013• Mazda Motor Corporation (Mazda) and Fiat Group Automobiles S.p.A. (Fiat) announced today the signing of the Final Agreement which will see Mazda produce an open-top two-seater sports car for Fiat’s Alfa Romeo brand at its Hiroshima, Japan, plant starting from 2015 (Mazda) Thursday 17 January 2013•  Mark Reuss, North American chief of General Motors, has jumped to the defence of Electric vehicles and said he is not giving up on them despite struggling sales in 2012.

Pontiac SD-290

According to GM, the Pontiac SD-290 concept is "Designed to evoke the emotions of classic sports cars". Introduced at SEMA, the vehicle is derived from a Pontiac Solstice but has been transformed into a pure single-seat race car with its passenger compartment made obsolete by a hard tonneau cover. Despite its competition red paint scheme, it is difficult not to relate the SD-290 to the timeless shape of a D-Type Jaguar. We can also see the influence of BMW's 2004 H2R land speed record breaking concept in the SD-290's asymmetrical layout, with its racing cockpit protected only by a small windscreen in front of the driver and a faired headrest and roll-bar behind the seat.

2012 Ducati Monster 1100EVO revealed

For a naked bike, it’s loaded. Ducati has unveiled the latest addition to its top-selling Monster range, the 1100EVO, and this street fighter is packed with a list of technical and safety innovations. The 2012 Monster 1100EVO is the first Ducati to hit 100 hp from an air-cooled engine.