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Subaru appoints sales specialist as its new global president

The maker of Subaru-brand cars has tapped a marketing and sales specialist to be the company's new president and lead global automotive operations in the post-quake era. Yasuyuki Yoshinaga, 57, is currently an executive vice president at Subaru's parent company, Fuji Heavy Industries Ltd. He takes the title of president and COO, pending approval at the company's annual shareholders' meeting on June 24, Fuji Heavy said May 10.

Mitsubishi to make Outlander Sport at Illinois plant

Mitsubishi Motors Corp. said Friday it will invest $100 million to build the Outlander Sport crossover at its Normal, Ill., plant starting in summer 2012. Mitsubishi expects annual output of 50,000 units, with half dedicated to North America and the rest for export to Russia, Latin America and the Middle East.

JAG CELEBRATES SUCCESS AND A BIRTHDAY

BARONS' RECENT annual 'Jaguar Heritage Sale' celebrated all models of the much-loved marque but the E-type, in its 50th anniversary year really stole the show. The car had bidders and vendors purring with pleasure and nine of these stunning cars were on offer and all of them sold. Of the four examples offered, not one sold for less than £31,000 and the chart topper – a magnificent, bright red 1972 machine achieved over £39,000.