Wrenches Toptul Aaej2224 on 2040-parts.com

Alfa Romeo is not for sale, Fiat chairman says

Fiat will not sell its Alfa Romeo unit and plans to relaunch the brand in the United States in late 2012, top Fiat executives said. “We would not sell Alfa even if we were offered tons of money,” Fiat chairman John Elkann told reporters at the Detroit auto show on Monday. Fiat and Chrysler CEO Sergio Marchionne said: “Alfa is part of Fiat's operational perimeter and we've already invested too much to get rid of it.” Volkswagen AG is rumored to be pursuing Alfa Romeo.

Volkswagen BlueSport concept

The 2009 NAIAS was the venue chosen to debut Volkswagen's latest concept: the BlueSport. "It is the symbiosis of outstanding technology and timeless Volkswagen design that makes this car an exceptional sports car. Its styling is clear and is reduced to the essentials; the car body itself has a lean and linear structure," explained Volkswagen Group Head of Design Walter de'Silva.

Honda to build subcompact cars in Mexico

Honda Motor Co. said Friday it will build an $800 million assembly plant in Mexico to produce subcompact vehicles for the Mexican and North American markets. The Japanese automaker said the plant is scheduled to begin operation in 2014 with an annual capacity of 200,000 units.