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Carlos Ghosn's automaker mantra: Go big or you'll go away

Size matters in auto company survival, Renault and Nissan CEO Carlos Ghosn told an audience in Detroit on Tuesday. To cope with the escalating costs and scope of a global industry, successful automakers must complete a trifecta--be able to compete in every technology, every market and every segment, Ghosn said during a luncheon speech at the Detroit Economic Club “No 3 million-unit carmaker can make it,” Ghosn said, explaining why his Renault-Nissan alliance forged an alliance with Germany's Daimler AG. Competency in one or two of the three skills is not enough, and only very large companies can afford all three, he said.

New Audi Quattro Concept at Frankfurt 2013 – first images

New Audi Quattro Concept (pictured) heading for Frankfurt Ever since Audi revealed a quattro concept back in 2010, we’ve expected it to turn in to at least a limited production run. But it hasn’t. And now, instead of the news that the quattro for the 21st century is heading in to production, we’re treated to a new quattro concept instead which may, or may not, make production.

Caterham to unveil 620 R at Goodwood Festival of Speed

Caterham has launched a new version of the Seven dubbed the 620 R, and it will be shown to the public for the first time this weekend at the Goodwood Festival of Speed. This new Seven uses a 2.0-liter supercharged Ford Duratec engine producing a reported 310 hp. The 620 will make the 0-60 sprint in less than 2.8 seconds and streak all the way up to a top speed of 155 mph.