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Toyota to end Australian manufacturing in 2017
Mon, 10 Feb 2014When Holden announced that it would no longer build cars in Australia after 2017, that country’s flagging automotive industry was effectively put on notice -- Mitsubishi had stopped building cars there in 2008, and Ford says its two plants there will close in October 2016. Now Toyota has announced that it has no option but to end vehicle Australian vehicle production. Like Holden, it will close its factories there in 2017.
Mercedes promotes marketing executive to steer U.S. sales
Thu, 15 Dec 2011Mercedes-Benz USA will promote marketing chief Stephen Cannon to CEO, effective Jan. 1. Cannon, 50, has been vice president of marketing for Mercedes-Benz USA since June 2007.
Fiat aims to keep green lead with fuel-sipping two-cylinder engine
Wed, 14 Jul 2010Fiat S.p.A. aims to keep its environmental lead in Europe by selling what it claims to be the world's most fuel-efficient gasoline engine. When the engine goes on sale in the Fiat 500 minicar in September, the 875cc unit will be the only two-cylinder engine fitted in a car in Europe.