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New Subaru Legacy at Frankfurt

The new Subaru Legacy will get its European début at the Frankfurt Motor Show next month Update 10/09/09: Subaru has now released model and price detail for the 2010 Legacy Tourer in the UK. The current Legacy and Outlander should sell in droves – they really are very good. Well built, decent looking and more than half-decent to drive, they’re almost a secret.

Suzuki plans hybrid version of Kizashi

American Suzuki Motor Corp. says its Japanese parent is working on a hybrid version of the new Kizashi mid-sized sedan. The confirmation from spokesman Jeff Holland followed a report in the Nikkei business daily that said Suzuki Motor Corp.

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.