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Obama sought Ghosn to run GM, ex-car czar says

The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.

Kia Niro Frankfurt concept is a Rio on HGH

Kia is muscling up for the Frankfurt auto show next month with the Niro concept. The Korean brand says the vehicle hints at a possible future B-segment contender. The Niro looks like a Rio on steroids.

Fiat Abarth 695 Maserati Edition joins Mille Miglia

Fiat is taking its Abarth 695 Maserati Edition, which we first saw in Geneva, to the famous Mille Miglia 1,000-mile race. The company is only producing 499 examples of the special edition. It will be displayed at Piazza della Loggia in Brescia, Italy, in conjunction with the race.