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News watch January 2013: today's auto industry news
Fri, 18 Jan 2013Welcome 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-hourFriday 18 January 2013• Mazda Motor Corporation (Mazda) and Fiat Group Automobiles S.p.A. (Fiat) announced today the signing of the Final Agreement which will see Mazda produce an open-top two-seater sports car for Fiat’s Alfa Romeo brand at its Hiroshima, Japan, plant starting from 2015 (Mazda) Thursday 17 January 2013• Mark Reuss, North American chief of General Motors, has jumped to the defence of Electric vehicles and said he is not giving up on them despite struggling sales in 2012.
Costs put Mini Rocketman at risk
Mon, 20 Jun 2011BMW is not ready to commit to building the Mini Rocketman, a minicar concept that debuted in March at the Geneva auto show. The reason? Executives say privately that they fear that the Smart competitor would not be profitable.
Hyundai Genesis Hurricane SC prototype heads for SEMA
Fri, 14 Oct 2011Hyundai will debut its newest prototype, the Genesis Hurricane SC, at the SEMA show in Las Vegas next month. With the help of Magnuson Products, Rhys Millen Racing, Harman International and Torvec Inc., Hyundai upped the output of its rear-wheel-drive coupe to 450 hp. The Hurricane SC (for supercharged) is the result of two years of development to enhance the power, traction, braking, exterior and interior design and the audio system.