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Alfa Romeo & Mazda to build new roadster

Mazda & Alfa to jointly develop a new roadster Alfa Romeo and Fiat have signed an agreement to build a new new RWD roadster based on the next generation Mazda MX-5 platform. Sergio Marchionne is a big believer that the only way to survive as a mainstream car maker is to be as big as possible and share development costs whenever you can. Which explains – from the Fiat point of view – why Alfa Romeo has entered in to an agreement to produce a new roadster with Mazda to be based on the next generation Mazda MX-5 RWD platform.

General Motors CEO Rick Wagoner out, replaced by COO Fritz Henderson

General Motors chairman and CEO Rick Wagoner has agreed to "step aside" after pressure from the Obama administration last week, ending his eight-year tenure at the helm as the company seeks additional federal aid. He's been replaced by GM President and COO Fritz Henderson, effective immediately. GM confirmed the moves shortly after midnight Monday.

Volkswagen Golf R 400 revealed – and it looks production ready

The VW Golf R 400 (pictured) revealed ahead of Beijing A few days ago we had a teaser sketch for the VW Golf R 400, a 395 bhp version of the Golf R, which we assumed would be nothing more than yet another uber-powerful Golf Concept. But with underpinnings largely taken from the production Golf R, and a fully functioning interior, this Golf R 400 looks more production ready than any Golf Concept before. The Golf R 400 still uses the regular Golf R’s 2,0 litre Turbo, but VW has managed to squeeze an extra 99bhp and 52lb/ft of torque to produce supercar-rivalling performance of 0-62mph in 3.9 seconds and a top speed of 174mph.