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Chrysler Group names new chief for Fiat in North America

Chrysler Group on Monday named Timothy Kuniskis head of the Fiat brand for North America, replacing Laura Soave, who "has left the company and will pursue other interests." Kuniskis, 44, most recently served as director of marketing for the Chrysler and Fiat brands. The change is effective immediately, Chrysler said in a statement. Soave, 39, who supervised Chrysler's efforts to reintroduce the Fiat brand in North America after a 17-year absence, attended the rollout last week of the Fiat 500 Abarth at the Los Angeles auto show but did not participate in the press conference, raising further questions about her tenure.

Nissan GT-R Nismo (2013) first official pictures

By Ollie Kew First Official Pictures 18 November 2013 10:00 This is the new Nissan GT-R Nismo, a fettled and powered-up version of Japan’s giant-killing super-coupe. Like Porsche’s GT3 and Ferrari’s 458 Speciale, the recipe for the GT-R Nismo has been to add power, strip weight and improve aerodynamics. The price has been tweaked too: from £76,610 to over £120,000.

Hummer sale agreed

GM has a Memorandum of Understanding in place to sell Hummer to a 'Mystery' buyer GM are reporting that they have reached a ‘Memorandum of Understanding’  with an unnamed buyer to take Hummer of their hands later in the year. MOUs are not the strongest tool in the arsenal when a sale is being arranged, which tends to indicate that either the buyer likes the idea but won’t commit yet, or they are still in ‘Fund-Raising’ mode. So who are the likely buyers?