News watch February 2013: today's auto industry news

 Time marches on RIP News Watch.

For the second straight year, Ford dominates the U.S. News & World Report 2013 Best Cars for the Money rankings, with six Ford vehicles offering consumers the most bang for their buck. The 2013 Focus, Fusion, Fusion Hybrid, Taurus, Escape and Edge captured awards based on their outstanding value and critical acclaim. This marks the fourth year in a row Taurus reigns in the large car category, while for two straight years Edge is best midsize SUV, Fusion is the midsize champ and Fusion Hybrid is the best hybrid vehicle. U.S. News & World Report determines the winner in each of 21 categories based on vehicle safety and reliability attributes as well as expert opinion - Source: Corporate Ford.

Meanwhile, the Detroit News reported that Fiat won´t build a Maserati in Detroit. The car will be built in the underused Mirafiori factory in Italy instead.

And Peugeot report  that "with the 2008, the Brand capitalises on its expertise acquired with the success of the 3008 Crossover to create an innovative vehicle for the B segment. Set to go on sale in spring 2013, it joins in the dynamic of the offensive successfully initiated by the 208. Peugeot innovates by designing the first urban crossover that is easy, exciting and brings an enhanced driving experience."

And 15 days ago it was reported that  GM throttled back Chevy Malibu, Buick LaCrosse production over swollen inventories 15 days ago.  As inventory of the Chevrolet Malibu and Buick LaCrosse continues to pile up, General Motors will be idling its Fairfax Assembly Plant for two weeks, according to Automotive News. This move comes about a month after the plant was shut down for three weeks in late December and early January for the same reason. As of January 31, the GM had a 94-day supply ..." Souce: Buick News, Autoblog.