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News watch January 2013: 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-hourFriday 18 January 2013• Mazda Motor Corporation (Mazda) and Fiat Group Automobiles S.p.A. (Fiat) announced today the signing of the Final Agreement which will see Mazda produce an open-top two-seater sports car for Fiat’s Alfa Romeo brand at its Hiroshima, Japan, plant starting from 2015 (Mazda) Thursday 17 January 2013•  Mark Reuss, North American chief of General Motors, has jumped to the defence of Electric vehicles and said he is not giving up on them despite struggling sales in 2012.

Study links low-speed collision-avoidance system to fewer accidents

A study of the Volvo XC60's low accident rate offers evidence that collision avoidance systems can improve vehicle safety. The XC60, which has a low-speed collision avoidance system dubbed City Safety, was involved in 27 percent fewer property damage accidents than other mid-sized luxury SUVs, according to a report released Tuesday by the Highway Loss Data Institute. The XC60 also was involved in 51 percent fewer bodily injury accidents.

2014 Michelin Challenge Design finalists announced

Michelin has announced the 15 finalists of the 2014 Michelin Challenge Design, themed ‘Driven/Undriven: The Duality of Tomorrow's Automobile'. Their work will be showcased in January at the North American International Auto Show (NAIAS) in Detroit. A judging panel of automotive designers and industry experts selected individuals and teams from Italy, China, South Korea, Finland, Serbia, Canada, Brazil, Mexico and Guatemala from over 900 registrants from 74 countries.