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Mercedes-Benz reveals Vision Golf Car concept

Mercedes-Benz has revealed a concept of what it bills as the “ultimate golf cart” as part of activities at this year's British Open at the Muirfield Golf Club in Scotland. The concept was created at Mercedes-Benz's advanced design studio in California using ideas submitted by golf fans in a competition held by the German car maker. The swoopy two-seater adopts a number of design cues from current Mercedes-Benz models along with a doorless, one-box profile to give it a contemporary appearance that transcends traditional golf cart design.

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.

GM signs deal to sell Hummer to Chinese company

General Motors Co. has inked a deal to sell its premium off-road brand Hummer to a Chinese industrial company. GM said on Friday that it has a definitive agreement with Sichuan Tengzhong Heavy Industrial Machinery Co.