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End of an era for Dream Cruise landmark

One of the local landmarks that adds an authentic feel to Detroit's Woodward Dream Cruise has closed. The Vinsetta Garage, an art deco repair shop that dates to 1919 and sits just feet from Woodward Avenue, was shuttered last week as the owner prepares for a new direction in life. Jack Marwil, who owned the shop since 1989, plans to attend law school after the death of his wife this fall.

Daimler, Renault are set to share vehicle platforms and engines

Following a year of intensive high-level talks and secretive, behind the scenes strategy meetings, Daimler AG and Renault SA have agreed on plans that will see their car-making divisions--Mercedes-Benz, Smart, Renault and Nissan--share resources on a wide range of products. The move signals more consolidation within the European automotive industry. Daimler chairman Dieter Zetsche and Renault president Carlos Ghosn have set out three primary areas of cooperation that will see the carmakers share small-car and light-commercial-vehicle platforms, small gasoline and diesel engines, and electric drive systems.

Fiat 500 1957 edition hits showrooms this spring

Fiat will introduce its limited production Fiat 500 1957 Edition that will arrive in showrooms late this spring. The Fiat takes design cues from its vintage Italian roots, giving buyers a throwback feel with its interior and exterior styling. Buyers can get into the 500 1957 starting at $21,200 including destination and handling fees.