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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.

Nissan is latest carmaker to salute U.S. military members with special discounts

Nissan is now among automakers offering discount pricing for U.S. military members, the company confirmed last week. The Nissan Vehicle Purchase Program extends to all active and reserve members of the U.S.

Univeristy honours F1's Flying Scot

FORMULA ONE hero Sir Jackie Stewart will receive an honorary degree today. The 74-year-old racing star will collect the award from Edinburgh Napier University at a ceremony in the city. Known as "The Flying Scot", he won the Grand Prix 27 times and was Formula 1 World Champion three times.