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Maserati to build new Alfa Romeo car

Maserati, Fiat Group's luxury sports car brand, will build Alfa Romeo's new halo model, according to company sources. The car is a rear-wheel-drive coupe named the 4C. Fiat said April 12 that Maserati will build a new vehicle for Alfa in Modena, Italy, starting in May 2013, with a forecast annual production of up to 2,500 units.

Deloitte interviews 677 'millenials,' concludes they're broke

Until artisanal, sustainable, locally sourced craft-beer bars can upend themselves from their Brooklyn brownstones and directly to your Park Slope loft entrance, it turns out that today's youthful generation will still need to buy cars to get places. In fact, they might even be picky about what they spend time in, which means that young people, even "millennials," are doing research on cars and forming their own opinions as smart consumers. Hey, doesn't that sound familiar?

Toyota to end Australian manufacturing in 2017

When Holden announced that it would no longer build cars in Australia after 2017, that country’s flagging automotive industry was effectively put on notice -- Mitsubishi had stopped building cars there in 2008, and Ford says its two plants there will close in October 2016. Now Toyota has announced that it has no option but to end vehicle Australian vehicle production. Like Holden, it will close its factories there in 2017.