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Lexus LF-LC turns blue for Australian motor show

Lexus has changed the color of its LF-LC for the 2012 Australian motor show in Sydney. We first saw the LF-LC in January at the 2012 Detroit auto show where it appeared in deep metallic red. To spice it up for the Australian show, Lexus has sprayed the exterior Opal Blue, inspired by the base color found in the naturally occurring semi-precious opal stone found in the Australian outback.

Alfa again delays U.S. return as European debt crisis deepens

Alfa Romeo has delayed the U.S. introduction of several key models by at least another year and has canceled plans to build a mid-sized SUV at Chrysler Group's factory in Toledo, Ohio. Alfa Romeo CEO Harald Wester, in a presentation to financial analysts in Frankfurt on Wednesday in connection with the Frankfurt auto show, said Alfa Romeo was scaling back its global expansion plans.

Norwegian EV maker Think files for bankruptcy

Tiny electric car maker Think Global AS filed for bankruptcy today in its home market of Norway after attempts to keep the company going through recapitalization and restructuring failed, the company said in a statement. It is the fourth time Think has collapsed financially in its 20-year history. "We needed some additional funding and although we had interested investors they were not able to come to the table quickly enough," Think spokesman James Andrew told Automotive News Europe.