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Renault and Caterham to co-build Alpine sports cars

Renault and Caterham are to join forces and build a new range of sports car models together from early 2013, under the classic Alpine badge, Renault-Nissan CEO Carlos Ghosn confirmed today. At a press conference in Paris, he announced a new Anglo-French partnership which will spawn a new breed of sports cars for both brands. 'This innovative partnership with Caterham embodies a longstanding ambition: the creation of a sports car with the Alpine DNA,' said Ghosn.

Tata appoints former GM Europe head Forster as group CEO

India's Tata Motors named former General Motors Co. executive Carl-Peter Forster as group CEO. Forster, 55, will be responsible for the company's global operations including the Jaguar Land Rover unit.

Hummer nears the end of the trail

The curtain is rapidly falling on Hummer, General Motors' ill-fated rough-and-tough brand of trucks and SUVs. The final H3 rolled off the assembly line at 9:07 a.m. Central time on Tuesday at the Hummer factory in Shreveport, La., marking the end of production for the brand, a spokesman said.