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News watch February 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 29 February 2012• Following on from yesterday's news of a cross-holding between PSA and GM, it now appears that Peugeot Citroen would offer a €1bn rights issue to create cash and strip back jobs as part of its proposed alliance with GM (Automotive News Europe)  • The Bloomberg Riskless Return Ranking, a survey of investor performance, suggests that Kia has outperformed all 22 other car makers with a risk-adjusted return of 9.2% in the past five years. Second highest was Hyundai, whose shares rose 4.8% in the same period (Bloomberg)• Fisker has a new chief executive officer, as founder Henrik Fisker moves to executive chairman. The new boss is Tom LaSorda, the former top man at Chrysler pre-bankruptcy (Fisker)Tuesday 28 February 2012• General Motors is in talks to buy a 5% to 7% stake in PSA Peugeot Citroen, according to reports by news agencies Bloomberg and Reuters.

Mazda Taiki unveiled

By Tim Pollard Motor Shows 25 October 2007 10:55 You're not telling me that Mazda is about to launch a car with out-riggers and a freaky body, are you? Yes. And no.

Watch the Jaguar F-Type Coupe live stream ahead of its LA Auto Show reveal

Promising a "breath-taking and dramatic sequence from a secret location in Los Angeles," Jaguar's PR handlers have offered a worldwide look at the unveiling of the new F-Type Coupe ahead of its LA Auto Show debut. The show starts Tuesday, November 19 at 10 pm EST (7 pm Pacific), and you'll be able to watch the entire presentation right here, so stay tuned!