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Carlos Ghosn's automaker mantra: Go big or you'll go away

Size matters in auto company survival, Renault and Nissan CEO Carlos Ghosn told an audience in Detroit on Tuesday. To cope with the escalating costs and scope of a global industry, successful automakers must complete a trifecta--be able to compete in every technology, every market and every segment, Ghosn said during a luncheon speech at the Detroit Economic Club “No 3 million-unit carmaker can make it,” Ghosn said, explaining why his Renault-Nissan alliance forged an alliance with Germany's Daimler AG. Competency in one or two of the three skills is not enough, and only very large companies can afford all three, he said.

Jaguar XF Sportbrake: Geneva 2012

Jaguar XF Sportbrake at Geneva The Jaguar XF Sportbrake – Jaguar’s new XF Estate – has debuted officially at the 2012 Geneva Motor Show. After an age of expectation that Jaguar would build an XF Estate, we finally got the XF Sportbrake revealed in its Twitter camouflage last year, and a full reveal (finally) about a week ago. But now we get the chance to see the XF Sportbrake in the flesh at Geneva - and it doesn’t disappoint.

Lexus gets new focus

Battered by recalls and public inquisitions, Toyota is hoping to restore its once-pristine image with new hybrid products and a renewed focus on Lexus. Lexus increasingly will be positioned as a “global premium brand,” the company said on Wednesday, and see improved styling, more hybrids and better service. The brand's sales have fallen 9 percent this year, to 26,674 in the United States.