Suzuki Wagon R Wide 1997 Distributor [1120210] on 2040-parts.com

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.

Ford bets customers will pay premium prices for the Fiesta

Ford Motor Co. will charge more than $23,000 for a fully loaded Fiesta, a new car smaller than the Focus. Ford thinks consumers are ready to pay premium prices for small cars, which long have been dominated by budget shoppers.

New high-performance VW Golf R Evo and Polo R under consideration

It has not been two minutes since the Volkswagen Golf R was unveiled, but that hasn’t stopped an even more hardcore Golf R Evo concept being mooted – the more focused prototype could make its debut at the 2014 Beijing Motor Show in April. It’s not the only go-faster Volkswagen that’s under consideration, either. Linking in with its assault on the World Rally Championship, VW is also analysing a potential 250hp, four-wheel-drive Polo R variant.