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Jaguar sports hatch is inspired by R-D6 concept

Jaguar plans to add a dramatically styled sports-hatch model to its lineup beginning in 2014. To be priced from about $60,000, the sports hatch on the drawing board was inspired by the R-D6 concept first shown at the 2003 Frankfurt motor show. The R-D6 design, which had been considered an ill fit for the brand's traditional sedan/sports-car image, is now gaining support at the highest levels of the company as it forges an independent future under Indian owner Tata.

Fiat's Montezemolo plans to quit as chairman, sources say

Fiat S.p.A. Chairman Luca Cordero di Montezemolo will quit as company chairman to go into politics, three sources close to the company said. Montezemolo is set to stay on Fiat group's board, as well as remain chairman of the company's Ferrari sports car subsidiary.

With Krom line, Nissan goes wild on accessories

As if the new Cube weren't accessory-oriented enough, Nissan North America also is launching a U.S. business unit that will push accessories even more. Nissan's Specialty Vehicles Group will create model variations with thousands of dollars of accessories and extra vehicle features.