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AC 378 GT Zagato supercar at 2012 Geneva motor show

British sports car specialist AC is back and teaming up with fabled Italian coachbuilder Zagato to create the new AC 378 GT Zagato, the first all-new AC for some time. The company has had an on-off relationship for much of the past decade, with production switched abroad, management changes and a confusing product line-up. But new management has been installed and are hoping to make a fist of AC Cars, one of the world's oldest car brands.

Lancia to unveil its Chrysler-based flagship and a new Ypsilon

Lancia's Chrysler-based flagship likely will be called the Thema, company sources said. The sedan will debut alongside a new version of Lancia's best-selling model, the Ypsilon, at the Geneva auto show in March. The Ypsilon is key to Fiat CEO Sergio Marchionne's plan to nearly triple Lancia sales in the next four years.

Ford speeds up effort to cut vehicle platforms

Ford Motor Co. is accelerating its One Ford global product development plan by reducing its target for vehicle platforms worldwide to nine from 11 previously, and by moving the target date up to 2013 from 2014, global marketing chief Jim Farley said Wednesday. "It won't be 11 platforms" as earlier planned, Farley said at the Automotive News World Congress.