Report: BMW Might Drop V-12 Engine
12/4/2012BMW 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
12/4/2012CEO 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
12/4/2012CEO 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
12/4/2012Suzuki 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
12/4/2012Auto 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
12/4/2012Daimler 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
12/4/2012Daimler 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
12/4/2012Ford 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.