Toyota will begin selling vehicles built under its parts-sharing and platform framework in 2015, the company. The automaker is pursuing the strategy adopted by rivals including Volkswagen, to share parts among vehicles using the same platform in order to save costs and manpower.
Dealers in northern Europe are feeling the chill after a slump in new-car sales spread to countries such as Germany, the Netherlands and Sweden. The outlook is grim for some markets that had until now escaped the worst of the euro zone debt crisis.
Fiat will open a fully-owned dealer network in India almost a year after it ended an unsuccessful partnership with Tata to build and distribute cars in the country. Fiat hopes to crack the world's seventh-largest car market by tapping into fast-growing areas such as SUVs and sporty cars.