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Hyundai shows its Blue2 hydrogen-fuel-cell vehicle in Seoul

Hyundai Motor Co. has unveiled a hydrogen fuel cell concept vehicle called the Blue2 that takes the South Korean automaker deeper into alternative-drivetrain territory. Hyundai is banking on the car to propel it to a leadership role in the race to commercialize fuel cell electric vehicles, a contest joined notably by such Japanese rivals as Honda Motor Co.

Sergio Marchionne warns of strife ahead in Europe

Fiat chief exec Sergio Marchionne today warned of troubled waters ahead as Europe's car makers prepare for a radical restructuring. Marchionne, who's the current president of trade body ACEA, said factory closures were looming and repeated his call for a concerted EU-wide response to overcapacity. He warned that national interest was blocking action to strip out excess capacity, caused after European new car demand crashed by 3 million in the past five years.

GM delays Camaro production start by a month

General Motors is delaying the launch of the Chevrolet Camaro sports car by a month, without explaining why. GM had scheduled the start of production of the redesigned 2010 model in Oshawa, Ontario, for Feb. 16.