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Carlos Ghosn's automaker mantra: Go big or you'll go away

Size matters in auto company survival, Renault and Nissan CEO Carlos Ghosn told an audience in Detroit on Tuesday. To cope with the escalating costs and scope of a global industry, successful automakers must complete a trifecta--be able to compete in every technology, every market and every segment, Ghosn said during a luncheon speech at the Detroit Economic Club “No 3 million-unit carmaker can make it,” Ghosn said, explaining why his Renault-Nissan alliance forged an alliance with Germany's Daimler AG. Competency in one or two of the three skills is not enough, and only very large companies can afford all three, he said.

A look at Mercedes-Benz future products

Are Americans ready to pay hefty prices for small, front-wheel-drive cars with features usually reserved for large German luxury cars? Mercedes-Benz is about to find out. Starting in the fall of next year, Mercedes will bring three, possibly four new compacts based on a new fwd platform to the United States.

Ultra-low-mileage Chevrolet Corvair Monza heads to the auction block

We've never really paused to appreciate the subtle good looks of the Chevrolet Corvair, especially the end-of-the-line 1969 Corvair Monza coupe. But this particular car, which will be sold at the upcoming Mecum Houston auction on April 11, will make you stop and take stock. Even if you're Ralph Nader, you can't help but be impressed by its extreme originality: It has just 15 miles on the odometer.