Help 72177 Start 72177 Starter Bolt on 2040-parts.com

News watch February 2012: 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-hour Wednesday 29 February 2012• Following on from yesterday's news of a cross-holding between PSA and GM, it now appears that Peugeot Citroen would offer a €1bn rights issue to create cash and strip back jobs as part of its proposed alliance with GM (Automotive News Europe)  • The Bloomberg Riskless Return Ranking, a survey of investor performance, suggests that Kia has outperformed all 22 other car makers with a risk-adjusted return of 9.2% in the past five years. Second highest was Hyundai, whose shares rose 4.8% in the same period (Bloomberg)• Fisker has a new chief executive officer, as founder Henrik Fisker moves to executive chairman. The new boss is Tom LaSorda, the former top man at Chrysler pre-bankruptcy (Fisker)Tuesday 28 February 2012• General Motors is in talks to buy a 5% to 7% stake in PSA Peugeot Citroen, according to reports by news agencies Bloomberg and Reuters.

Cross-country in a Corvette Stingray: Conclusion

The final leg of our cross-country Corvette trip took us from Detroit to Charlevoix, Mich. -- about 45 minutes north of our birthplace, Traverse City. Aside from the drivers on I-75 in metro Detroit -- who may be the worst in the world -- and the still-intermittent audio system, the ride was pretty uneventful.

2013 Hyundai Veloster Turbo to start at $22,725

Hyundai has released pricing details for the 2013 Veloster Turbo, giving it a starting price of $22,725 for the manual-transmission-equipped model. Specifying an automatic transmission will cost you $1,000 more. In addition to the turbocharged 1.6-liter powerplant that produces 201 hp and 195 lb-ft of torque, the Veloster Turbo also includes a unique body kit and wheels, as well as LED headlight accents and taillights.