NEWS

Report: BMW Might Drop V-12 Engine

12/4/2012

BMW AG may not continue to offer its top-end 6.0-liter V-12 engine beyond 2016, Car Advice reports.

Geely’s Volvo Cars Predicts 2012 Operating Loss

12/4/2012

CEO Hakan Samuelsson tells reporters it will be "very tough" for Volvo Car Group to make a profit before interest and taxes this year because of sagging sales and heavy investment.

Volvo Cars Predicts 2012 Operating Loss

12/4/2012

CEO Hakan Samuelsson tells reporters it will be "very tough" for Volvo Car Group to make a profit before interest and taxes this year because of sagging sales and heavy investment.

97% of U.S. Suzuki Dealers Take Buyout

12/4/2012

Suzuki Motor Corp. says all but six of its 219 U.S. car dealers have agreed to give up their franchises in exchange for a combined $42 million in cash and contracts to run Suzuki parts and service outlets.

Car Sales Plunge in Italy, France, Spain; Dip in Germany

12/4/2012

Auto registrations posted double-digit declines in three of the EU's four major markets last month, according to national reports.

Daimler, Nissan May Build New Factory in Mexico

12/4/2012

Daimler AG is considering a plan to erect an assembly plant in Mexico with Nissan Motor Co. to produce small luxury vehicles under the Mercedes-Benz and Infiniti brands, Frankfurter Allgemeine Zeitung reports.

Nissan May Build Luxury Cars in Mexico with Daimler

12/4/2012

Daimler AG is considering a plan to erect an assembly plant in Mexico with Nissan Motor Co. to produce small luxury vehicles under the Mercedes-Benz and Infiniti brands, Frankfurter Allgemeine Zeitung reports.

Ford Relaunches Lincoln Brand

12/4/2012

Ford Motor Co., which last month rechristened its 90-year-old luxury brand as Lincoln Motor Co., rolled out an all-new MKZ sedan and declared its intent to re-establish Lincoln in the ultra-competitive luxury-car market.

Chrysler Museum to Close at Year-End

12/4/2012

The Walter P.