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Fiat chief tours Chrysler headquarters

Fiat S.p.A. CEO Sergio Marchionne and a team of Fiat senior executives visited Chrysler LLC headquarters in Auburn Hills, Mich., on Saturday morning, according to a letter to Chrysler employees from CEO Bob Nardelli. The Fiat team visited a display of vehicles in Chrysler's design dome and met with Nardelli; Tom LaSorda, co-president; Frank Klegon, executive vice president of product development; Frank Ewasyshyn, executive vice president of manufacturing, and other executives.

Mercedes-Benz to take over Smart distribution from Penske; plans for four-door scrapped

Mercedes-Benz has agreed to take over Smart car distribution in the United States from Penske Automotive Group, the companies said Monday. Penske launched the European microcar brand, which is owned by Mercedes' parent, Daimler AG, as an independent distributor in 2008. But after a fast start, U.S.

New Porsche 911 Speedster reportedly in the works

When European-car importer Max Hoffman suggested to Porsche that the American audience might like a cheaper, open-top version of the company's 356, Stuttgart responded with the Speedster. And while every Porsche partisan is a special snowflake -- some love road-going racers like the 904, others can't imagine life without a roof-rack-equipped 912, others go gaga for anything with a legit, lift-off Targa top, and some folks just really, really, really love 924s -- the Speedster's the light, lovable kid brother for which any fan of the marque has a measure of affection. Porsche knows it, and as such, they've introduced limited Speedster models of every 911 series since the 3.2 Carrera -- except for the oft-maligned 996 (which is still loved by its proponents, IMS-bearing issues aside).