Headlines for Tuesday, February 12, 2013
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Alfa Romeo 4C details, pictures released ahead of Geneva debut
Fiat released pictures and some technical details of the Alfa Romeo 4C small sports car ahead of the model's debut at next month's Geneva auto show. Read More »
Honeywell says carmakers convinced its coolant is safe
Auto supplier Honeywell refuted claims that its new carbon-neutral air conditioning refrigerant was unsafe, citing findings by an automotive industry research group that it said backed up the product. Read More »
Porsche manipulation probe extended to all board members
Stuttgart prosecutors have extended a probe into market manipulation during Porsche's failed bid to take over Volkswagen to all members of Porsche SE's supervisory board, including chairman Wolfgang Porsche and his cousin, Ferdinand Piech. Read More »
Fiat prepping for Chrysler purchase with banking talks, report says
Fiat is discussing financing options with banks to strengthen its balance sheet in preparation to buy the Chrysler stake it doesn't own, three people familiar with the matter told Bloomberg. Read More »
Faurecia cancels dividend to save cash amid Europe slump
Faurecia canceled its dividend for 2012 to conserve cash with auto demand in its home region set to decline. Read More »
Renault, Dacia want to expand in fast-growing market for online car sales
The Renault and Dacia brands plan to aggressively expand their online car sales, taking advantage of a trend in vehicle retailing that is expected to grow rapidly this decade. Read More »
