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Ford speeds up effort to cut vehicle platforms

Ford Motor Co. is accelerating its One Ford global product development plan by reducing its target for vehicle platforms worldwide to nine from 11 previously, and by moving the target date up to 2013 from 2014, global marketing chief Jim Farley said Wednesday. "It won't be 11 platforms" as earlier planned, Farley said at the Automotive News World Congress.

SMS Supercars releases illustrations, pricing for go-fast Mustangs

SMS Supercars released illustrations this week of its new performance Mustang, which will start at $64,990 for the coupe. SMS is Steve Saleen's new venture, and it is planning two main versions based on the 2010 'Stang. A 470-hp model, the SMS 460, is the “base” car, and a convertible version is $69,990.

Daimler, Renault-Nissan in talks on fuel cell

German automaker Daimler AG is talking to partners Renault SA and Nissan Motor Co. about working together on fuel cell technology, the German automaker's head of research and development told Reuters in an interview. "Fuel cell technology is also electric so it could make a lot of sense to join forces also in this field," Thomas Weber, board member for r&d at the maker of Mercedes-Benz and Smart cars, said at the Shanghai auto show.