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ANALYSIS: The incredible shrinking Alfa stand at the Geneva motor show

When he talks, Fiat CEO Sergio Marchionne conveys high hopes that the Alfa Romeo brand soon will be a huge business success, but actions often speak louder than words. Fiat has massively reduced the size of the 100-year-old sporty brand's stand at the forthcoming Geneva show. In March, Alfa's stand will shrink to 639 square meters from this year's 979 square meters, which was the second-largest display space among Fiat Group's portfolio after the Fiat brand.

Chevrolet Volt uses parts made from oil-collecting booms

General Motors is transforming about 100 miles of boom material used to soak up oil in the Gulf of Mexico into auto parts for the Chevrolet Volt. The oil-soaked plastic material collected off the Alabama and Louisiana coasts will keep more than 100,000 pounds of waste from the nation's landfills. The project is expected to make enough plastic to supply the first-year production of Volts with plastic parts for under the hood.

Ferrari exec to take over top post for Lotus

A top executive is trading in his Ferrari red for the green of Lotus. Dany Bahar will take over as the CEO of the British sports-car maker on Oct. 1.