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Mazda opens new plant in Salamanca, Mexico

Mazda Motor Corp. chairman Takashi Yamanouchi opened the company's new small-car assembly plant in Mexico today, calling it the company's "most important global strategic base." The factory, which will produce up to 230,000 vehicles each year, is a cornerstone of the structural reform plan "upon which the very future of company hinges," Yamanouchi said in remarks prepared for the opening ceremony. "Mazda's Structural Reform Plan, upon which the very future of the company hinges, positions this plant as our most important global strategic base," Yamanouchi said of the factory, which is about three hours northwest of Mexico City in Guanajuato State.

Chrysler Sebring and Dodge Avenger to get a new lease on life

With Fiat-based replacements still at least two years away, the Chrysler Group has delayed plans to kill its slow-selling Chrysler Sebring and Dodge Avenger, sources say. The two sedans were all but left for dead by previous owner Cerberus Capital Management. Now insiders say Chrysler intends to freshen the cars and keep them on the market until late 2012.

2012 Lotus Exige S: The video Duel

2012 Lotus Exige S Duel Video We’ve run a story or two on the 2012 Lotus Exige S – the one with the V6 from the Evora – in the run up to its reveal at Frankfurt. But now we get video too. An advert of any sort – even a promo video – is quite unusual for Lotus, but this is the second time this year we’ve seen a Lotus shedding rubber to entice buyers to see the products from Hethel as a viable option.