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Hyundai lures Toyota's Michael O'Brien to head U.S. product planning

Hyundai named Michael O'Brien vice president of product and corporate planning--an influential position that has been vacant since John Krafcik became CEO in late 2008, the company announced on Tuesday. O'Brien, 55, spent the last 14 years at Toyota Motor Corp.'s U.S. sales division as a manager within the corporate planning division.

Dacia Sandero: Price from £5,995

The new 2013 Dacia Sandero – revealed at Paris 2012 – is to cost from just £5,995 when it arrives in the UK in January 2013. The Sandero joins the Dacia Duster SUV in an attack on the burgeoning ‘Budget’ market in the UK and stands out as a Fiesta rival at almost half the price you’d pay for entry in to Ford’s evergreen supermini (£9,795). The Sandero’s styling isn’t cutting edge, but nor does it shriek ‘Cheap’ at first glance.

Chrysler, Nissan and GM lead industry to 8 percent gain

UPDATED--Chrysler Group, Nissan North America and General Motors led the industry to an 8 percent U.S. sales gain in August. The seasonally adjusted sales rate slipped to 12.13 million from July's 12.24 million as a stagnant economy, last week's U.S.