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Mazda opens new plant in Salamanca, Mexico

Mazda Motor Corp. chairman Takashi Yamanouchi opened the company's new small-car assembly plant in Mexico today, calling it the company's "most important global strategic base." The factory, which will produce up to 230,000 vehicles each year, is a cornerstone of the structural reform plan "upon which the very future of company hinges," Yamanouchi said in remarks prepared for the opening ceremony. "Mazda's Structural Reform Plan, upon which the very future of the company hinges, positions this plant as our most important global strategic base," Yamanouchi said of the factory, which is about three hours northwest of Mexico City in Guanajuato State.

Greg Migliore: Behind the scenes at the Detroit auto show

Yes, that's a shot of Detroit. In January. Inside Cobo Hall.

2013 Chevrolet Malibu Turbo features 259 horses for a base price of $27,710

The 2013 Chevrolet Malibu Turbo will go on sale this fall with a price of $27,710. Upgraded LTZ models will sticker at $30,925. Both include $995 in destination.