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Dacia prepares for its UK market D-Day

Renault may have halved its UK product range and taken a profit tumble in 2011, but its budget car subsidiary Dacia has been growing strongly with its range of no-nonsense value-for-money cars. The Dacia Duster SUV has been winning plaudits for its cheap-and-cheerful blend of practicality and value,and leads the UK market launch next month. Dacia: Renault's developing market brand heads West Dacia was founded by the Romanian government in 1966, and began with license-production of the Renault 8 (Dacia 1100) and Renault 12 (Dacia 1300).

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.

Honda plans plant for CVT builds

Honda Motor Co. plans to build a $470 million factory in Celaya, Mexico, to assemble continuously variable transmissions. The factory will operate alongside a plant under construction that's scheduled to build the next-generation Fit hatchback and a Fit-based crossover.