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Mexico plant to build Honda Fit for U.S. market

Honda Motor Co. has confirmed it will build its Fit small car at its new plant in Mexico for export to the United States and other markets, as it expands its local production footprint to combat the Japanese yen's profit-eating strength. The plant, near Celaya, Guanajuato, will begin operation in 2014 with a capacity of 200,000 vehicles a year.

Frankfurt 2011:Rimac Concept One – an Electric Supercar

Rimac One Concept - an electric hypercar at Frankfurt Our antipathy towards electric cars – and the seeming futility of pursuing a technology that has made little progress in a century – is well known. But we do see electric cars as a fun toy for the better-off, and 23 year-old Croatian Mate Rimac has impressed Frankfurt with his Rimac Concept One electric supercar, which is perhaps the ultimate electric toy for the better-off. Perhaps, in the case of the Rimac One, we should consider it a toy for the seriously well-off, rather than just the better-off, as it’s expected to cost a quite substantial £650k for each of the 88 cars Mate intends making.

Who's Where: Frank Stephenson appointed Director of Design for Alfa Romeo

Frank Stephenson began his new position as Director of Design at Alfa Romeo today, CDN can reveal. Stephenson left his role as Head of the Fiat, Lancia and Commercial Vehicle Styling Center last month and is now effectively filling a role that has been unoccupied since Wolfgang Egger left to become head of Audi's Style Center. Since Lorenzo Ramaciotti has been recently appointed to a newly created position as Cheif of Design at Fiat, Stephenson's previous position is now vacant.