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PSA Splits Carmaking Duties with GM
5/10/2012General Motors Co. plans to build the next-generation Citroen C5 midsize car for alliance partner PSA Peugeot Citroen, according to French press reports.
Magna Steyr to Build Infiniti Small Car
5/10/2012Nissan Motor Co. says Magna International Inc.'s Magna Steyr unit in Graz, Austria, will assemble a new luxury small car for the carmaker's Infiniti brand beginning in 2014.
GM Splits Carmaking Duties with PSA
5/10/2012General Motors Co. plans to build the next-generation Citroen C5 midsize car for alliance partner PSA Peugeot Citroen, according to French press reports.
Magna Steyr to Build Infiniti Small Car
5/10/2012Nissan Motor Co. says Magna International Inc.'s Magna Steyr unit in Graz, Austria, will assemble a new luxury small car for the carmaker's Infiniti brand beginning in 2014.
Founder Stronach Wins Re-election to Magna Board
5/10/2012Several big institutional investors failed in their bid to block the re-election of several Magna International Inc. directors, including founder and former Chairman Frank Stronach.
Magna Steyr to Build Infiniti Small Car
5/10/2012Nissan Motor Co. says Magna International Inc.'s Magna Steyr unit in Graz, Austria, will assemble a new luxury small car for the carmaker's Infiniti brand beginning in 2014.
India’s Auto Sales Growth Slows
5/10/2012Sales of passenger cars in India rose 3% to 168,400 units last month the smallest year-over-year increase since last June and the slowest April growth in 10 years, the Society of Indian Automobile Manufacturers says.
Audi Opens Battery Tech Center
5/10/2012Volkswagen AG's Audi unit has opened a high-voltage battery facility near Ingolstadt, Germany, to develop and make prototypes of next-generation lithium-ion batteries.
Isuzu Denies Alliance Talks with GM
5/10/2012President Susumu Hosoi says Isuzu Motors Ltd. is not discussing the formation of an equity alliance with General Motors Co., as has been reported.
U.S. Trade Gap Balloons 14%
5/10/2012America's trade deficit widened to $51.8 billion in March from a revised $45.4 billion in February as both imports and exports set new records, the Dept. of Commerce reports.