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Mitsubishi CEO pledges to stay in U.S., wants to quadruple sales

Mitsubishi Motors Corp. President Osamu Masuko says the company won't pull out of the U.S. market and that his personal mid-range sales target is 200,000 units a year, or roughly four times today's level of 50,000.

7th L'argus European Design competition announced

On 21 June 2008, French magazine L'Argus de l'automobile will launch its 7th European Design competition. Students will have to imagine a new vehicle based on the theme: "Invent a vehicle that is useful for society". The deadline for submissions is December 21, 2008.

Infiniti to get Audi A3 fighter in product blitz

Nissan plans to introduce a compact, entry-level Infiniti model below the G series to compete against such cars as the Audi A3 and Lexus CT 200h. The car would be part of a global product blitz to build Infiniti's lineup to 10 vehicles from seven by 2017. The car would be based on the Etherea concept shown in March at the Geneva auto show, a person familiar with the plan says.