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Alfa Romeo is not for sale, Fiat chairman says

Fiat will not sell its Alfa Romeo unit and plans to relaunch the brand in the United States in late 2012, top Fiat executives said. “We would not sell Alfa even if we were offered tons of money,” Fiat chairman John Elkann told reporters at the Detroit auto show on Monday. Fiat and Chrysler CEO Sergio Marchionne said: “Alfa is part of Fiat's operational perimeter and we've already invested too much to get rid of it.” Volkswagen AG is rumored to be pursuing Alfa Romeo.

Hyundai Performance Brand by 2015

The next gen Hyundai i20 will be the first performance Hyundai One Hyundai had made the tricky transition from budget to credible, there were only two routes open for progress – luxury and performance. The luxury route still looks like it will happen in the UK, with the next generation Hyundai Genesis Coupe heading our way, but we can also look forward to some proper performance cars from Hyundai too. That has been confirmed by Hyundai’s WRC boss, Michel Nandan, who told Australia’s Drive that all the money Hyundai is spending on Motorsport – including a new testing facility at the Nurburgring – is not just for the glow it will cast on Hyundai’s everyday cars, but for a new performance brand too.

Mercedes GLA baby SUV revealed ahead of Frankfurt

Meet the latest edition to the small Mercedes family – the Mercedes-Benz GLA, a compact ‘crossover’ SUV. The GLA is aiming to take on existing premium rivals such as the BMW X1 and Audi Q3, and may even take a chunk out of the Range Rover Evoque if it gets the opportunity. This new baby Mercedes will make its world debut at the 2013 Frankfurt Motor Show in September.