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Auto Sales Growth in Russia Will Stall This Year
1/15/2013Deliveries of new passenger and light commercial vehicles in Russia which surged 39% in 2011 and 30% in 2010 climbed 11% to a record-high 2.94 million units last year, the Moscow-based Assn. of European Businesses reports.
Honda Aims to Break Its U.S. Sales Record
1/15/2013Honda Motor Co. expects American sales of its namesake and Acura brands this year to surpass the company record of 1.55 million vehicles set in 2007.
Denso Will Invest $1 Billion in N. America
1/15/2013Denso Corp. plans to spend about $1 billion in North America over the next four years as part of a program to localize production.
VW Tests Diesel Hybrid Concept for N. America
1/15/2013Volkswagen AG is using the Detroit auto show to gauge North American interest in a six-passenger hybrid crossover that teams a diesel engine and two electric motors.
Denso to Invest $1 Billion in N. America Expansion
1/15/2013Denso Corp. plans to spend about $1 billion in North America 75% of it in the U.S. over the next four years as part of a program to localize production.
UPDATE: Fiat-Chrysler to Produce Jeeps in China
1/15/2013Fiat and affiliate Chrysler Group have reached a framework agreement with Fiat's joint venture partner Guangzhou Automobile Group to build Jeep SUVs in China for the local market.
Cadillac Debuts Plug-In Coupe
1/15/2013Today General Motors Co. publicly unveiled the Cadillac ELR, a plug-in hybrid powered by the same system that propels the Chevrolet Volt.
Nissan to Market Infiniti Brand in Japan
1/15/2013Nissan Motor Co. plans to introduce its Infiniti marque in Japan, perhaps as soon as early 2015, says the luxury unit's President Johan de Nysschen.
GM Boosts Global Sales 3%
1/15/2013General Motors Co. sold 9.29 million vehicles worldwide last year compared with 9.02 million in 2011.
GM Eyes Additional Plant in China
1/15/2013General Motors Co. is considering erecting another assembly plant in China beyond the two facilities already planned, says Bob Socia, president of GM China.