Headlines for Thursday, April 12, 2012

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Lamborghini could launch an SUV in 2017, CEO says

Lamborghini will an unveil an SUV concept at the Beijing auto show later this month to test public reaction, ahead of a possible launch in 2017, CEO Stephan Winkelmann told a German newspaper. Read More »

Maserati plans three new models to boost annual sales to 50,000

Maserati is adding three new models as it aims to boost annual production tenfold to 50,000 cars by by 2015. Read More »

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Nissan Leaf EV to be restyled for European tastes

Nissan will give the next Leaf electric car a more European design and may lower the car's price, the carmaker's engineering chief said. Read More »

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Alfa's new halo car will be built by Maserati

Alfa Romeo's new halo car, a rear-wheel-drive coupe called the 4C, will be built by sister brand Maserati, according to sources. The car will launch in 2013, with a forecast annual production of up to 2,500 units. Read More »

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Gestamp N.A. to reopen U.S. plant, supply Honda and Ford, report says

Supplier Gestamp North America plans to invest at least $100 million in an idled West Virginia stamping plant to make parts for Honda and Ford, according to a local newspaper report. Read More »

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Magneti Marelli plans engine parts plant in China

Italy's Magneti Marelli says it will build a plant with a local company in the northeast China city of Changchun to produce powertrain parts for automobiles. Read More »

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Skoda posts record March sales on China, Russia demand

Skoda sales rose 12.1 percent to 95,200 units in March, a record month for the Czech brand, the carmaker said on Thursday. Sales were boosted by strong demand in emerging markets including China and Russia. Read More »