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Ram brand created, Gilles to lead Dodge cars and Fong leaves in Chrysler shakeup

Chrysler Group has created a new brand called Ram for its trucks and named its top designer, Ralph Gilles, as CEO of Dodge cars. The new structure overhauls a setup announced in June as the automaker emerged from bankruptcy in an alliance with Fiat S.p.A. Michael Accavitti, who had led the Dodge brand, has "resigned to pursue other interests," the company said in a statement.

GM delays innovative new diesel truck engine

General Motors' deteriorating financial situation has caused the company to delay one of the most advanced engines that it has ever designed, a 4.5-liter diesel for light-duty trucks. "We have to make tough decisions right now," GM Powertrain spokeswoman Susan Garavaglia said. Truck enthusiasts were eagerly awaiting the engine, which would have started production next fall at GM's plant in Tonawanda, N.Y.

Peugeot 908 RC concept

Following the 907 coupe concept shown in Paris two years ago comes the stylistically similar sedan concept, the 908 RC. Despite a three-box profile, the 5.5-liter V12 diesel engine is located behind passengers, putting out 700PS. Transversely mounted with a wide V angle, the engine still allows space for four occupants, with a trunk accessed via a motorised opening.