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Nissan strengthens Brazil connections with new design studio

Nissan has opened a new design studio in downtown Rio de Janeiro. Located within Nissan Brazil's headquarters, Nissan Design America – Rio (NDA-R) is operated as a satellite of the firm's studio in San Diego, California. Since November 2013, Robert Bauer has been leading a small team at NDA-R with two Brazilian designers: one color and trim designer and one exterior designer.

New Mercedes CLA helps Daimler to 16% profit jump

The new Mercedes CLA (pictured) help Mercedes to a 16% profit jump. There’s an argument that the move in to more compact car sales by premium car makers will see their turnover rise and their profits fall as more compact cars tend to work on smaller margins than high-end luxury cars. But Mercedes has defied that logic by posting a 16 per cent increase in profits for the third quarter of 2013, boosted by sales of the new compact coupé – the Mercedes CLA.

American Suzuki to pull out of U.S. auto market, file Chapter 11 bankruptcy

American Suzuki Motor Corp., beset by low sales, cutthroat competition and unfavorable foreign exchange rates, said it will pull out of the U.S. auto market and file for Chapter 11 bankruptcy protection. The company, in a statement today, said it will continue its motorcycle and marine engine business units and will continue to honor customer warranties.