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Sergio Marchionne warns of strife ahead in Europe

Fiat chief exec Sergio Marchionne today warned of troubled waters ahead as Europe's car makers prepare for a radical restructuring. Marchionne, who's the current president of trade body ACEA, said factory closures were looming and repeated his call for a concerted EU-wide response to overcapacity. He warned that national interest was blocking action to strip out excess capacity, caused after European new car demand crashed by 3 million in the past five years.

2015 Ford Mustang to serve as halo car in Europe, other overseas markets

Ford Motor Co. expects that its 2015 Mustang coupe will boost its image in Europe, even though the car will not sell in large numbers. "The Mustang's formidable reputation for performance and its iconic status as a symbol of freedom and optimism precedes it even in those parts of the world where the car has never been sold," Ford of Europe CEO Stephen Odell said today in a statement.

Infiniti G37 Convertible (2009): first photo

By Ben Pulman First Official Pictures 17 August 2008 17:17 Infiniti has just released the first picture of its new G37 Convertible. Based on the G37 Coupe, the Convertible comes with a three-piece metal folding roof and will debut at the Los Angeles motor show this November. Sales start in the USA in early 2009, but Infiniti has yet to confirm a European launch.