Fiat will give the 500L Trekking a European debut at the Geneva auto show. The new car will compete in Europe against subcompact SUVs such as the Opel/Vauxhall Mokka, Ford EcoSport, Peugeot 2008 and Renault Captur.
Toyota will expand its model lineups in Russia and Ukraine by adding the U.S.-built Venza to the mix. The world's largest automaker will begin shipments of the wagon later this year as a way to generate added revenue for its U.S. operations.
UK partsmaker GKN predicted another gloomy year for Europe's recession-hit car markets, saying the company would have to rely on the United States and Asia for growth again this year. In 2012, group pretax profit rose 19 percent to 497 million pounds ($751 million), the company said on Tuesday.