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Ford to add or retain 12,000 jobs, invest $16 billion under UAW pact

Ford Motor Co. said today it will add or retain 12,000 U.S. jobs as part of $16 billion in planned investments under its new labor agreement with the UAW.

Hyundai make it in to UK Top Ten best-selling car makers

Hyundai has become the first Korean car maker to make it in to the top ten best selling car makers in the UK, with sales of 74,000 in 2012. It’s taken a few years to shake off the ‘Cheap Car’ tag, but Hyundai are now offering a range of cars – certainly in the mainstream – that can be compared on ability, design and quality with the best of the competition. That quantum change in perception in the last few years about the desirability of a Hyundai has now translated in to Hyundai becoming one of the top ten best-selling car brands in the UK, a first for a Korean car maker and a real sign that Hyundai is now accepted as a real competitor – not a ‘Budget’ brand.

Honda plans rapid-fire launch of 2012 Civics

Honda will take a hurry-up approach when launching its delayed Civic family in April. Unlike past Civic rollouts--which spread the debuts of model types and variations over months and even years--Honda will launch every variety of the 2012 Civic within weeks of each other, said John Mendel, executive vice president of sales for American Honda. The family includes a sedan and coupe, multiple engines, lithium ion hybrid and natural gas versions, and a Civic Si edition.