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Alfa Romeo will reportedly become standalone company

Fiat Chrysler Automobiles CEO Sergio Marchionne plans to turn Alfa Romeo into a standalone company, Automotive News Europe reports. Marchionne is expected to announce wide-ranging plans for the brand on May 6 which will see Alfa Romeo become a stand-alone legal entity within Fiat-Chrysler, with a publicly disclosed profit and loss statement. Alfa Romeo is currently part of Fiat Group Automobiles S.p.A., which also contains Lancia, Fiat Professional trucks and vans and the Abarth performance brand.

Sao Paolo 'Giugiaro – 45 Years of Italian Design' exhibition announced

The ‘Giugiaro – 45 years of Italian Design' exhibition will be held at the Sao Paolo Museu da Casa Brasileira. The show, held from 7 February until 31 March, highlights the significance of Giorgetto and Fabrizio Giugiaro's work for the Italian design identity. The Museu da Casa Brasileira, which gives the most important design award in Brazil, will use five rooms to display exhibits ranging from car designs and concepts – the Aztec and Structura – to production models including the Volkswagen Golf Mk 1.

Nissan pulls the plug on the Altima hybrid

It's last call for the Nissan Altima hybrid sedan. The 2011 model year will be the last for the gasoline-electric version of the Altima, ending a four-year run. While the Altima is one of Nissan's core models in the U.S.