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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.

2012 European Grand Prix Qualifying: Vettel takes pole with Hamilton alongside

The 2012 European Grand Prix on the street circuit in Valencia sees Red Bull’s Sebastian Vettel on pole position with Lewis Hamilton’s  McLaren alongside. Slowly, but not yet completely, Red Bull and McLaren seem to be getting a handle on the topsy-turvy 2012 Grand Prix Circus. Despite serious challenges in final qualifying, it was Sebastian Vettel who set a blistering time to take pole, his third pole of the 2012 season, 33rd of his career and third at Valencia.

2014 Acura RLX priced at $49,345

The 2014 Acura RLX goes on sale Friday with a starting price of $49,345 including a destination charge of $895. The top trim with the Advance Package starts at $61,345. All RLX sedans will get Acura's new 3.5-liter V6 making 310 hp and 272 lb-ft of torque.