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News watch February 2012: today's auto industry news

Wed, 29 Feb 2012

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.

Infiniti's Andy Palmer talks world domination

Wed, 16 Oct 2013

Along with the news of a new Infiniti global flagship sedan, we sat down with Nissan/Infiniti vice president Andy Palmer to discuss the brand's new goals and the challenges it'll face achieving them in a competitive global market. Why is Nissan becoming so ambitious with Infiniti? In today's industry, 12 percent of the volume and 50 percent of the profits comes from the premium group -- defined by 13 nameplates.

Caterham Supersport R extends Caterham 7 range

Sat, 10 Nov 2012

Caterham has added the Supersport R to its range of ’7′ models with a 2.0 litre Duratec Ford engine delivering 180bhp. In the meantime, Caterham’s core road car business is the old Lotus 7 range of Caterhams, so it makes sense to keep that more appealing and relevant until new cars start to arrive, so we get the Caterham Supersport R as an addition to the range to slot in between the Supersport and the Superlight models. The Supersport R gets a Ford Duratec 2.0 litre engine which produces 180bhp, which doesn’t sound a huge amount, but when you consider the Supersport R weighs in at just 535kg it starts to look plenty.