Headlines for Friday, November 9, 2012
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Aston Martin owner approaches potential buyers, report says
Aston Martin's controlling shareholder, Investment Dar, has approached potential buyers for the maker of luxury sports cars. Mahindra is among potential suitors and Toyota hired an auditor to conduct a study on buying a stake in Aston, sources said. Read More »
BMW on course for 2012 sales record after strong October
BMW said it is heading for its best sales year despite a flat European market after the company's October global volume increased by 13.2 percent to 157,618 vehicles. Read More »
PSA pushes low-cost Peugeot 301 as fix for growth problems
Peugeot has launched the 301, a stripped-down sedan aimed at boosting sales in emerging markets. The vehicle has gone on sale in Turkey and will be rolled out in Eastern Europe, Africa and South America in the coming months. Read More »
Range Rover is still in a class of its own
The market for large luxury SUVs has been growing steadily and new entrants from Lamborghini and Maserati are due to launch soon, but none will match the Range Rover's off-road ability and on-road dynamics. Read More »
Mazda to produce Toyota vehicle at its Mexico plant
Mazda will produce a vehicle for Toyota at its new Mexican assembly plant starting in 2015, as the carmakers seek ways to boost North American output. Read More »
Auto companies dodge downturn in Q3
The prospect of European car sales this year falling to their lowest level since 1995 is not reflected in the Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder Value Indices for the third quarter of 2012. In Q3, European automakers achieved a 6. Read More »
