2005 05 Ski Doo Mxz Adrenaline 600 Ho Sdi Stator Pick Up 041 on 2040-parts.com

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.

No M4 relief road 'before 2020'

A "RELIEF ROAD" for the M4 in south Wales is unlikely to be constructed before 2020, a leading transport expert has told Welsh Assembly Members. A new stretch of motorway south of Newport could be back on the cards after the UK ministers announced the possibility of Welsh Government borrowing the money needed for the scheme. However the re-emergence of proposals to ease traffic on Wales' heavily congested western gateway prompted fierce debate during a committee hearing in the Senedd.

Fiat launches Abarth 595 Turismo & Abarth 595 Competizione

Fiat has re-jigged the Abarth 500 range in the UK with the launch of the Abarth 595 Turismo & Abarth 595 Competizione. Fiat really does make something of a pickle of its Abarth models and their names. Take the Abarth 500, for example.