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Alfa Romeo, Mazda confirm roadster project

The Fiat Group and Mazda Motor Corp. have finalized an agreement to co-develop a pair of compact two-seat roadsters that will go on sale in the United States in 2015. The cars will be the fourth-generation Mazda MX-5 Miata and a modern interpretation of the classic Alfa Romeo Spider.

Fioravanti expands into China in partnership with Eastone

Renowned Italian design house Fioravanti has formed a partnership with Shanghai-based design and engineering consultancy Eastone. The aim of this powerful duo is to deliver a wide range of design and build services directly to Chinese OEMs, with the first fruit of their labors being a concept car for Chinese manufacturer BAIC, to be unveiled at the Beijing auto show. For the first time in their own country, Chinese OEMs can now benefit from the time-served capabilities, knowledge and car culture typical of a leading Italian design house, while simultaneously gaining from the local knowledge, strong relationships and powerful commercial strength of a domestic design company.

Peugeot Citroen to buy Mitsubishi

It's being reported that PSA (Peugeot Citroen) are to take control of Mitsubishi Car makers have been fighting hard to survive in the last year or so as the landscape for their products goes through the biggest sea change ever. Fiat boss Sergio Marchionne was quoted as saying that if car makers didn’t rationalise and merge then they would go under. He sees a car making landscape with a handful of huge car makers and a plethora of very small ones – nothing in between.