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Former General Motors CEO Robert Stempel dies

Former General Motors CEO Robert Stempel, who led the automaker during a turbulent period of recession and restructuring in the early 1990s, has died at the age of 77. "Bob was a very popular chairman with employees, and his many accomplishments as a visionary engineer included leading the development of the catalytic converter, one of the great environmental advancements in auto history," GM said in a statement. "His knowledge of battery development led to the push for the EV1 electric car, and Bob continued to build his expertise in the electrification of the automobile after he left GM in 1992." Stempel died Saturday in Florida, the Detroit News and Detroit Free Press reported Monday night.

Mexico plant to build Honda Fit for U.S. market

Honda Motor Co. has confirmed it will build its Fit small car at its new plant in Mexico for export to the United States and other markets, as it expands its local production footprint to combat the Japanese yen's profit-eating strength. The plant, near Celaya, Guanajuato, will begin operation in 2014 with a capacity of 200,000 vehicles a year.

2014 Kia Forte sedan pricing set at $16,700

UPDATED: The base 2014 Kia Forte sedan will cost $16,700 including destination when it goes on sale next month, fitting slightly below its compact competitors. Kia is touting the 2014 Forte as the least expensive in its class, and the compact sedan does in fact cost $80 less than the redesigned 2013 Nissan Sentra at $16,780, $90 less than the new 2013 Dodge Dart at $16,790 and $225 less than the 2013 Ford Focus sedan at $16,995. The new price is a slight increase from the 2013 model, which cost $16,175 after shipping charges.