Rojas to drive in La Carrera Panamericana

Three-time Rolex Daytona 24 and four-time (so far) Grand-Am champion Memo Rojas Jr. will return to his native Mexico Oct. 25-31 to race in the historic La Carrera Panamericana.

News watch February 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 29 February 2012• Following on from yesterday's news of a cross-holding between PSA and GM, it now appears that Peugeot Citroen would offer a €1bn rights issue to create cash and strip back jobs as part of its proposed alliance with GM (Automotive News Europe)  • The Bloomberg Riskless Return Ranking, a survey of investor performance, suggests that Kia has outperformed all 22 other car makers with a risk-adjusted return of 9.2% in the past five years. Second highest was Hyundai, whose shares rose 4.8% in the same period (Bloomberg)• Fisker has a new chief executive officer, as founder Henrik Fisker moves to executive chairman. The new boss is Tom LaSorda, the former top man at Chrysler pre-bankruptcy (Fisker)Tuesday 28 February 2012• General Motors is in talks to buy a 5% to 7% stake in PSA Peugeot Citroen, according to reports by news agencies Bloomberg and Reuters.

Ford Evos concept car (2011) news and pictures

Ford launched its new Evos concept as no less than its new global design direction at a pre-Frankfurt show event in Berlin yesterday. Pay attention to the new Evos - it sets a blueprint for life after the Kinetic design language that has shaped Fords for the past few years. All its design big guns were in attendance to reinforce the Evos’s worldwide significance from overall design chief J Mays to his two regional executive design directors, Martin Smith and Moray Callum.