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Fiat to launch an Elise named Dino

By James Foxall Motor Industry 19 September 2008 00:11 Fiat is planning a massive product offensive over the next three years and could re-launch the evocative Dino badge on a Lotus-derived sports car, CAR has learned. Not to be confused with the Dino of Ferrari fame, Fiat's version was all about affordable, stylish transport – and we could see the badge on a new Elise-based sports car due in three years' time. Fiat has entered into an agreement with Lotus so that it can develop its own version of the British company’s next Elise roadster.

U.S. says 90 percent of clunker claims have been approved

The U.S. Transportation Department says it has paid or approved $2.6 billion in cash-for-clunkers transactions, or 90 percent of the $2.9 billion submitted, as accelerated payments to dealers continue. A total of 534,598 claims for $2.3 billion were paid as of Sept.

Saab targets customers' hearts, brains and wallets in North America

Saab executives said they're optimistic the struggling brand will be able to attract customers despite production stoppages at the company's Trollhaettan, Sweden, plant and cash flow problems. The Swedish automaker aims to target consumers and instill confidence with a grass-roots marketing campaign that focuses on the "heart, brain and wallet," Saab Cars North America President Tim Colbeck told reporters at Saab's North American headquarters in suburban Detroit on Thursday. Colbeck said the company must move away from selling vehicles based on price and focus more on making customers enthusiastic about driving Saab's vehicles.