NEWS

Honda Plant in Mexico to Build Three Fit Variants

12/9/2012

Honda Motor Co. intends to make sedan, hatchback and crossover versions of its Fit minicar in Mexico beginning in 2014, Automotive News reports.

Aston Martin to Get Cash Infusion from British Equity Firm

12/7/2012

London-based private equity firm Investindustrial has agreed to invest 150 million ($242 million) in Aston Martin Lagonda Ltd. in exchange for a 37.5% stake in the British maker of luxury sports cars.

Aston Martin to Get Fresh Cash from Investindustrial

12/7/2012

London-based private equity firm Investindustrial has agreed to invest 150 million (€184 million) in Aston Martin Lagonda Ltd. in exchange for a 37.5% stake in the British maker of luxury sports cars.

Ford Recalls Fusion Yet Again

12/7/2012

Ford Motor Co. is recalling 19,100 of its 2013 model Fusion sedans in the U.S. to replace faulty headlamps.

British Investor Buys 37.5% of Aston Martin

12/7/2012

London-based Investindustrial has agreed to invest $241 million to gain a 37.5% stake in Aston Martin Lagonda Ltd.

U.S. Regulators to Expand “Black Box” Mandate

12/7/2012

The National Highway Traffic Safety Administration is expected to soon finalize a standard that would require all light vehicles sold in the U.S. to be equipped with crash event recorders, The Detroit News reports.

Nissan, Renault Close to Controlling AvtoVAZ

12/7/2012

The Renault-Nissan alliance will sign a final agreement next week to take majority ownership of Russia's largest automaker OAO AvtoVAZ, according to news reports that cite unidentified sources.

NHTSA Expected to "Black Box" Mandate

12/7/2012

Federal safety officials are expected to soon finalize a standard that would require all light vehicles sold in the U.S. to be equipped with crash event recorders, The Detroit News reports.

Renault-Nissan Nears AvtoVAZ Deal

12/7/2012

The Renault-Nissan alliance will sign a final agreement next week to take control of Russia's largest automaker OAO AvtoVAZ, according to news reports that cite unidentified sources.

VW Will More than Double Investment in Russia

12/6/2012

Volkswagen AG says it will spend €840 million ($1.1 billion) from 2013 through 2015 to expand its production capacity in Russia.