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Mazda reportedly to pull out of Michigan joint venture with Ford
Fri, 03 Jun 2011Mazda is reportedly pulling out of a joint manufacturing venture with Ford Motor Co. that was thought to be unprofitable for the Japanese carmaker. The site, AutoAlliance International, is about 25 miles south of Detroit and makes the Mazda 6 and the Ford Mustang.
Autoweek in review: What you might have missed
Fri, 17 Feb 2012At the start of the week, Kia announced that it will launch a rear-wheel-drive sedan code-named the KH in the first half of 2012. U.S.-based press officials wouldn't comment on whether the KH would come stateside, despite a 36 percent increase in U.S. Kia sales in 2011.
News watch April 2012: today's auto industry news
Mon, 30 Apr 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourMonday 30 April 2012• Kia posted global first quarter 2012 profits up 26%, with sales up 12% worldwide. 635000 new Kias found homes, 79000 in Europe (up 24.6% on 2011 in a total market which contracted 7.1%), with the USA now Kia's largest market ahead of Korea.