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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.

Mercedes-Benz replaces CLK with E-class coupe

After a 12-year run and more than 460,000 sales across two generations, Mercedes-Benz has replaced the CLK with the 2010 E-class coupe. Debuting at next month's Geneva motor show and with U.S. sales slated to begin in June, the upmarket two-door represents a departure from its predecessor not only in name but also on a technical basis, switching from the old C-class platform to a modified version of the structure that underpins the recently revealed E-class sedan.

Volvo to shake up S, V, C and XC badges

Volvo will overhaul its naming system in the coming years - removing some of the uncertainty over odd numbers in the same range, such as the S40 and V50.Chief executive Stephen Odell today admitted he found Volvo's badges confusing when he first joined Volvo two years ago. 'When I arrived at Volvo I struggled to understand the nomenclature,' he admitted. 'Yes, we will be changing it.'Under the new naming system, the S40 and V50 would carry the same number.