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Mazda teams with Toyota, not Ford, for upcoming hybrid

Mazda Motor Corp. on Monday took another step toward independent product development, agreeing to lease hybrid drivetrain technology from Toyota Motor Corp. instead of longtime U.S.

New Datsun makes its first appearance

The first new Datsun in a generation )pictured) will be revealed on July 15th As we reported in 2012 Nissan, having spent countless hundreds of millions replacing the Datsun name with Nissan on its cars a generation ago, decided to revive the Datsun brand for a new range of affordable cars for emerging markets. It looks like the new Datsun – codenamed K2 – will be a mix of the current and last generation Micra with new styling and pitched at around £3500 when it launches in the Indian car market. With the same – but de-tuned – 1.2 litre petrol engine as the Micra, the new Datsun is aimed at cars like the Indian market Hyundai i10 and Maruti, and sales are expected to start in early 2014.

Chrysler posts $212 million quarterly profit

Chrysler Group on Thursday reported third quarter net income of $212 million, up from a net loss of $84 million a year earlier. Revenue rose 19 percent to $13.1 billion. The company ended the quarter with $9.5 billion in cash, down from $10.2 billion at the end of the second quarter.