Headlines for Tuesday, December 4, 2012

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Bosch builds second diesel injector plant in China

Robert Bosch broke ground last week on its second diesel fuel injector plant in China. The 1.6 billion yuan ($257 million) facility in Qingdao in east China's Shandong province will start production in 2018. Read More »

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Renault counts on Alpine to help turnaround

Renault, which is losing sales faster than any other major European carmaker, is pinning a turnaround in part on the revival of a sports car brand that's been dormant for almost two decades. Read More »

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Daimler declines comment on report it will build cars in Mexico with Nissan

Daimler declined to comment on a media report that it may build Mercedes cars for the North American market alongside Nissan's Infiniti brand in Mexico. Read More »

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Former Lear exec Moschini joins IAC as Europe finance boss

Interiors supplier IAC Group has named former Lear executive Joergen Moschini as its finance boss for Europe. Read More »

Mercedes' 2012 U.S. luxury sales lead narrows after BMW gain

BMW's sales in the United States rose 45 percent in November, further chipping away at Mercedes-Benz' lead in luxury-auto deliveries this year. Read More »