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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.

GM recalls 258,000 SUVs for fire hazard

General Motors is recalling a family of SUVs, including the Chevrolet TrailBlazer, GMC Envoy, Saab 9-7x, Buick Rainier and Isuzu Ascender, after reports of 28 fires caused by short circuits in the power windows and locks. The recalled SUVs are from model years 2006 and 2007. In total, GM estimates 258,000 vehicles will need repairs.

Film Friday: The 1965 Chevrolets through the eyes of 60's TV stars

Earlier this week we wrote about Jeep's new Cherokee ad that ran during Saturday Night Live and starred cast members from Saturday Night Live. Jeep called it a “cast commercial” and apparently it had some precedent. We did a little digging and found this 5-minute spot on the new Chevy's for 1965 featuring the stars of “Bonanza,” “Bewitched” and “Man from Uncle.” “This is the '65 Corvette Sting Ray,” says Pernell Roberts from "Bonanza." “Looks like it means business, and it does.