Headlines for Saturday, March 16, 2013

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Norway shows the way with EVs, but at what cost?

March 16, 2013 06:01 CET
Norway's market for pure electric cars has in its very success shown the severe drawbacks to a model that relies on public subsidies worth as much as $8,200 per car, every year.

Pininfarina mulls limited run of Sergio roadster

March 16, 2013 15:00 CET
Pininfarina may produce a small number of its Sergio concept at a price tag of about 3 million euros each, the company's chief executive said. "We are considering a very limited run of five to six units," CEO Silvio Angori said.

Ford seeks more pension stability after funding shortfall widens

12:34 am U.S. ET | March 16, 2013
Ford, moving to close a growing deficit in its pension funding, will shift more of its plan's assets to fixed income to shield against changes in interest rates.

Detroit 3 raise alarm as yen weakens, aiding Japanese profits

12:01 am U.S. ET | March 16, 2013
Toyota, which last year overtook GM to become the world's largest automaker even as its profit margins lagged behind the industry, is riding a weakening yen that has Detroit executives concerned.

Automotive News
Special Video Report
Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota North America CEO Jim Lentz is a pioneer. He and a handful of other employees moved to north Texas last September to help build the automaker's new U.S. headquarters.
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