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.

Chrysler performance guru Dan Knott dies at 51

Chrysler senior vice president Dan Knott emerged as an unquestioned powerbroker in the industry, deftly navigating the flying circus that can be automaker-supplier relations. But enthusiasts of all stripes owe Knott a debt of gratitude, as he was a performance guy long before he became a well-known industry executive. Knott, 51, died April 29 after a battle with cancer.

CPP sold – Spyker moves back to Holland

Spyker moving back to Holland The fallout from Vladimir Anotonov’s problems has seen Brendan O’Toole losing CPP, and Spyker is now moving back to Holland. We knew that the arrest of Vladimir Antonov over banking ‘irregularities’ would cause problems for CPP Manufacturing and CPP Global Holdings. And it has.