Headlines for Friday, December 21, 2012

GM agrees to sell French transmission plant

General Motors, trying to end losses in Europe, said it agreed to sell a French transmission plant to Punch Metals International. Read More »

Jeep to expand nameplates as part of global expansion, report says

The 62-year-old Jeep brand is poised to get a sweeping multibillion-dollar overhaul that will expand the product range, boost its overseas presence and knit the fortunes of Jeep and parent Chrysler even more closely with those of Italy's Fiat. Read More »

Nissan's Dodge will focus on U.S. after giving up Europe role

Nissan Executive Vice President Colin Dodge, head of global operations in the Americas, Europe and emerging markets, is lightening his workload, partly so he can focus more on the United States. Read More »

Audi doubts 2013 profit growth on weak Europe

Audi is turning more gloomy about the chances of growing earnings next year due to weakening European markets, potentially making it harder for parent Volkswagen Group to meet its goal of lifting profits in 2013. Read More »

EU challenges French-backed PSA rescue, report says

The EU is challenging the terms of a French government-backed rescue for PSA/Peugeot-Citroen's financing arm, a French newspaper reported. Read More »