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Alfa faces product freeze under a review of the struggling brand

Fiat S.p.A. could freeze new investment in Alfa Romeo under a strategic review of the money-losing brand ordered by CEO Sergio Marchionne. A product freeze is one of two alternatives that Fiat is considering to end years of losses and declining sales at its sporty premium brand.

Kia GT4 Stinger concept gets serious about performance, style

The Detroit auto show reveal of the Kia GT4 Stinger concept confirms what we suspected all along: The the strategic shadows that hid much of the car in preview photos concealed a clean, 2+2 fastback coupe. Though Kia claims there's no plans to put the car production as-shown, it's a tantalizingly plausible glimpse of where the automaker could go. And we like it.

Porsche chief Wendelin Wiedeking resigns

Porsche chairman Wendelin Wiedeking has bowed to mounting pressure in announcing that he will step down immediately. The resignation came Thursday, following a surprise meeting of the company's supervisory board at its Weissach R&D headquarters outside of Stuttgart, Germany, on Wednesday night. Wiedeking's announcement comes after months of tense and public infighting following Porsche's failed attempt to wrest control of Volkswagen, which left it with $12.7 billion in debt, and slowing sales in key markets such as North America.