Headlines for Wednesday, December 5, 2012

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Swedish debt office takes control of Saab parts unit

The Swedish National Debt Office will take ownership of Saab Automobile Parts AB, a unit of bankrupt carmaker Saab. Read More »

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VW names former Renault Europe boss as France president

Volkswagen Group has named Renault's former chief of Europe, Jacques Rivoal, as president of the German automaker's French operations. Read More »

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Mercedes, Nissan poised to gain from crisis at London taxi maker

The Mercedes-Benz Vito and Nissan NV200 could become London's taxis of choice as the maker of the city's famous black cabs fights bankruptcy. Read More »

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Fiat Polish plant wins automaker's first gold efficiency award

A Fiat engine plant in Poland has become the first manufacturing facility to receive a gold award under the company's World Class Manufacturing system for factory efficiency. Read More »

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Nissan hits back at Fiat for criticism of Leaf styling

Nissan has hit back at Fiat for its recent criticism of the looks of the Japanese automaker's Leaf EV. “Let's face it, Fiat has not shied away from controversial styling themselves,” Nissan head of global marketing communications Simon Sproule said. Read More »

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Porsche loses bid to appeal Piech duty ruling in German court

Porsche SE can't appeal a ruling saying Ferdinand Piech violated his duties when commenting in 2009 about options transactions carried out as part of a takeover bid for Volkswagen, Germany's highest civil court has said. Read More »