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Alfa's North America return pushed to 2013

Alfa Romeo's return to North America has been delayed at least a half year partly because Fiat-Chrysler CEO Sergio Marchionne is not satisfied with the design of the cars that will lead the brand's comeback in the crucial market, people with direct knowledge of the matter told Automotive News Europe. The delay also is a serious blow to Alfa in Europe because without the Giulia mid-sized sedan and station wagon the automaker will have one of the weakest premium brand lineups in Europe. Alfa parent Fiat S.p.A.

Arizona auctions: Plenty of bidders are willing to buy

Friday's auction results from the four major auction houses continue on a strong streak, with sales reports topping even optimistic pre-event estimates. RM Auctions completed its second and final day of sales in Phoenix, posting results totaling an estimated $30.6 million, a record-high amount for this event. The Canadian-based company also garnered the most talked about sale of the day, a 1955 Mercedes-Benz 300SL steel-bodied "Gullwing" that sold for $1.375 million.

Volvo will market entry-level car to rival VW Golf

Volvo plans to offer a Volkswagen Golf competitor as part of a plan to expand the automaker's product line. Speaking in London last week, new Volvo CEO Stefan Jacoby said the next generation of the entry-level Volvo “will be a derivation of the C30, a Golf competitor,” according to the Web site www.autocar.co.uk. He also said Volvo's brand positioning would shift toward “functionality and Scandinavian elegance” and away from sportiness, according to the Web site.