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Nissan to build $2 billion plant in Mexico

Nissan Motor Co. will build a $2 billion auto assembly plant in Mexico, its third in that country, as it works to outgun rival Honda Motor Co. The plant, in Aguascalientes, Mexico, will have initial capacity to build 175,000 light vehicles annually for the United States, Mexico and Latin America, with plans to expand.

Former Chrysler chief LaSorda joins Fisker

Former Chrysler CEO Tom LaSorda will join Fisker Automotive as vice chairman, in the plug-in hybrid maker's second signing of an ex-Detroit 3 executive this week. CEO Henrik Fisker said LaSorda's position will include a day-to-day executive advisory role, as the fledgling automaker ramps up production of the Karma sedan at its Wilmington, Del., factory over the coming year. LaSorda will be chairman of the company's strategy council.

Mercedes-Benz hits 100,000 UK sales for first time

FOR THE first time in its history Mercedes-Benz UK has sold more than 100,000 cars in a year. The milestone car, an A 180 CDI Sport bought at Mercedes-Benz of Bristol, now belongs to Jamie Leigh Arndell, who works as Transport Manager at Bristol and Avon Group. “It was a lovely surprise to pick up my new car and be told I was the company’s 100,000th customer [this year],” she said at the handover of the car.