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VW eyes stake in Suzuki, report says

Volkswagen looks to stake an ownership stake in Suzuki Motor Co. by the end of this year, according to a report in Automobilwoche, a sister publication of AutoWeek. "We expect that there will be a basic agreement this year," the German-language publication quoted an unnamed Suzuki executive as saying.

Shanghai 2013: Conference and Awards events from CDN and Interior Motives

Can Design News and Interior Motives are gearing up for our annual visit to China for a number of important events in the industry's calendar, kicking off with the 2013 Interior Motives China Conference. This year's theme, ‘Technology and tradition – old meets new in modern-day China' features a new highly interactive format guaranteed to inspire and illuminate. Last year's event – timed to coincide with the run-up to the Beijing auto show – attracted over 400 senior OEM designers and Tier supplier executives from around the world, and this one promises to be bigger and better than ever.

Mazda opens new plant in Salamanca, Mexico

Mazda Motor Corp. chairman Takashi Yamanouchi opened the company's new small-car assembly plant in Mexico today, calling it the company's "most important global strategic base." The factory, which will produce up to 230,000 vehicles each year, is a cornerstone of the structural reform plan "upon which the very future of company hinges," Yamanouchi said in remarks prepared for the opening ceremony. "Mazda's Structural Reform Plan, upon which the very future of the company hinges, positions this plant as our most important global strategic base," Yamanouchi said of the factory, which is about three hours northwest of Mexico City in Guanajuato State.