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Marchionne's dilemma: To sell or not to sell Alfa to Volkswagen?

Fiat CEO Sergio Marchionne's self-confidence has helped him tackle problems that lesser executives would duck, but he may have met his match. In a public test of Marchionne's faith in his own turnaround strategy, in September Volkswagen Chairman Ferdinand Piech bluntly announced that he wants to buy Alfa Romeo. Piech was suggesting that VW--and only VW--could transform Fiat's perennial money-losing brand into a real moneymaker.

Mercedes Vito London Taxi comes out fighting

Mercedes has come out fighting against the Nissan NV200 London Taxi with an assertion of the benefits of the Mercedes Vito Taxi. Yesterday we had the news that Nissan, not content with just undermining the Crown Victoria as the NYC Yellow Cab, have turned their attention  to the London Taxi with their NV200 take on the Black Cab. So far, LTI hasn’t responded to the imminent threat to their business from Nissan (but then they still haven’t really reacted to Mercedes entry in to the market), but Mercedes has, coming out fighting this morning with a press release extolling the virtues of the Vito Taxi.

Fisker Karma gets EPA certification

Fisker Automotive received its U.S. Environmental Protection Agency certification this week, which means sales of the 2012 Karma sedan can begin. The Karma is a series plug-in hybrid, powered by a lithium-ion battery and a 2.0-liter range-extending gasoline engine.