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Future products: Leaf EV is just the start of Nissan lineup overhaul

The next 18 to 24 months will bring a major renewal of Nissan Division's lineup. In the coming weeks, the brand will see four new products released or revealed: the Juke crossover, electric Leaf sedan, redesigned Quest minivan and an ambitious but perhaps polarizing convertible Murano crossover. Late next year, Nissan will begin showing a string of restyled high-volume car lines, including the Altima and Versa.

Peugeot-Citroen signs £1.3bn rescue deal

French car manufacturing giant PSA Peugeot-Citroen has signed a £1.32 billion deal with Chinese carmaker Dongfeng Motors and the French government to secure its future. The far-eastern firm and the French government will each invest €800 million (around £660 million). Both organisations will receive a 14% stake in the business.

Kia, Chrysler, VW set pace as December sales advance 9 percent

Kia, Chrysler and Volkswagen posted some of the strongest sales gains for December as the industry closed out 2011 on a high note. Automotive News estimates December volume was up 9 percent to 1.24 million from a year earlier--in line with analysts' forecasts. Total industry sales were projected at 12.78 million for the year, up from 2010's total of 11.6 million and the 27-year low of 10.4 million in 2009.