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Alfa again delays U.S. return as European debt crisis deepens

Alfa Romeo has delayed the U.S. introduction of several key models by at least another year and has canceled plans to build a mid-sized SUV at Chrysler Group's factory in Toledo, Ohio. Alfa Romeo CEO Harald Wester, in a presentation to financial analysts in Frankfurt on Wednesday in connection with the Frankfurt auto show, said Alfa Romeo was scaling back its global expansion plans.

Arizona auctions: Plenty of bidders are willing to buy

Friday's auction results from the four major auction houses continue on a strong streak, with sales reports topping even optimistic pre-event estimates. RM Auctions completed its second and final day of sales in Phoenix, posting results totaling an estimated $30.6 million, a record-high amount for this event. The Canadian-based company also garnered the most talked about sale of the day, a 1955 Mercedes-Benz 300SL steel-bodied "Gullwing" that sold for $1.375 million.

Toyota to sell tens of thousands of fuel cell cars a year by 2020

Toyota FCV-R Hydrogen Fuel Cell Toyota is pushing ahead with hydrogen fuel cell vehicles and plans to be selling tens of thousands a year by 2012, starting with the Toyota FCV-R Toyota may have brought yet another hybrid concept to Geneva, and may we have moaned again about their obsession with flogging hybrid cars. But we can’t argue  they haven’t made a success of turning car buyers on to hybrid cars, however futile a long-term route we may think it is. But it seems Toyota do agree with us on electric cars with no plans to throw their weight behind the EV in a big way, but they are gearing up to try and do with hydrogen fuel cell cars what they’ve done with hybrid cars, and are expecting to be selling tens of thousands of fuel cell powered cars a year by 2020.