Fiat, Mazda to Co-Develop Sports Car Platform
5/23/2012Fiat SpA and Mazda Motor Corp. have agreed to collaborate on a common rear-drive platform to carry Mazda's next-generation MX-5 Miata sports car and a small two-seater to be sold under Fiat's Alfa Romeo brand.
Moody's: GM Could Return to Investment Grade in Year
5/23/2012Ratings agency Moody's Investors Service says General Motors Co. "remains on track" to regain an investment-grade credit rating within the next 12 months.
Italy's Consumer Confidence Drops to 15-Year Low
5/23/2012Italians are less confident about economic conditions now than they have been since the government started tracking the data in 1996, according to the country's Istat statistics bureau.
U.S. Fiscal Policy Could Trigger Second Recession
5/23/2012The American economy could fall off a "fiscal cliff" into recession early next year if legislative gridlock continues in Washington, D.C., according to the Congressional Budget Office.
Indian Rupee Falls to Record Low Against Dollar
5/23/2012India's currency dropped to an all-time low 56.22 rupees per U.S. dollar on Wednesday, down 1% from the day before, amid fears that weak government finances and surging inflation could hurt the Indian economy.
Mazda to Source Microvan from Suzuki
5/23/2012Suzuki Motor Corp. will begin supplying its Palette microvan at the end to Mazda Motor Corp., which will sell the model under its own brand, The Nikkei reports.
Nissan to Build Electric Van in Spain
5/23/2012Nissan Motor Co. says it will spend €100 million to prepare its assembly plant in Barcelona, Spain, to begin making the e-NV200 electric compact van in the fiscal year that begins April 1, 2013.
Nissan to Build Electric Van in Spain
5/23/2012Nissan Motor Co. says it will spend €100 million to prepare its assembly plant in Barcelona, Spain, to begin making the e-NV200 electric compact van in the fiscal year that begins April 1, 2013.
Mazda to Form Car Venture With Fiat
5/23/2012Fiat SpA has signed a non-binding memorandum of understanding with Mazda Motor Corp. to co-develop a new roadster for the Mazda and Alfa Romeo brands.
Fiat, Mazda to Form Car Venture
5/23/2012Fiat SpA has signed a non-binding memorandum of understanding with Mazda Motor Corp. to co-develop a new roadster for the Mazda and Alfa Romeo brands.