Honda Plant in Mexico to Build Three Fit Variants
12/9/2012Honda 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
12/7/2012London-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
12/7/2012London-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
12/7/2012Ford 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
12/7/2012London-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
12/7/2012The 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
12/7/2012The 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
12/7/2012Federal 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
12/7/2012The 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
12/6/2012Volkswagen AG says it will spend €840 million ($1.1 billion) from 2013 through 2015 to expand its production capacity in Russia.