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GM, Fiat considered merging Europe operations, report says

General Motors Co. and Fiat S.p.A. "briefly" discussed a merger of their European operations earlier this year, the Wall Street Journal reported, citing people familiar with the talks.

Porsche Cayenne hits 250,000 sales

“Absolute sacrilege”, they cried, when Porsche announced it was to make an SUV. “Too ugly to drive”, said Clarkson, despite his obvious incredulity at its abilities. Yet despite its inauspicious start in life, the Porsche Cayenne has gone on to be a huge success for Porsche, and the 250,000th Porsche Cayenne has just rolled off the production line at Porsche’s Leipzig plant..

More on Alfa Romeo's rear-drive strategy

The revised Alfa Romeo plan that Fiat CEO Sergio Marchionne is expected to announce next April focuses on a new, still unnamed rear-wheel- and all-wheel-drive architecture. A key aim of the new plan is to boost Alfa's global presence. "With our current segment coverage and our geographical footprint, we compete in about 5 percent of the global market," Alfa's European boss, Louis-Carl Vignon, said in an interview.