Are Peugeot Citroen set to be bought out by GM?

Could GM take control of Peugeot Citroen? Last year we reported that Peugeot Citroen (PSA) and GM were forming a joint alliance to cut costs and develop new cars. But we questioned if the small savings of €2 billion a year from jointly developing new platforms and engines would do anything to stem the losses both companies were facing in Europe, and wondered if the only solution was a merger.

International Engine of the Year Awards to focus on fuel efficiency

Like the Oscars of the Otto cycle, the Grammys of gasoline, the International Engine of the Year Awards are a big deal in the industry. For 2013, the awards will continue to focus on green technology, pitting gasoline, compressed natural gas (CNG), hybrid and all-electric powerplants against each other for the title of "international engine of the year." Ford's 1.0-liter EcoBoost engine took top honors last year. Besides the top award, other categories include best green engine, best new engine and best performance engine, each voted on by journalists from around the world.

Two Italian car events vie for your amore on Monterey weekend

Last week we heard that Concorso Italiano, everyone's favorite Italian car happening, had been bought and was on its way to a new location on a golf course on the Monterey Peninsula. Now it turns out there are two Italian car events scheduled for the same day--Aug. 14--on the same peninsula.