Mitsubishi to end production in western Europe

Mitsubishi says it will end production at its only western European plant, in the Netherlands, at the end of this year, a move that was expected as its sales in Europe have dropped to a third of their peak. The facility makes the Colt subcompact and the Outlander SUV, but accounted for less than 5 percent of Mitsubishi's global output of 1.1 million vehicles in the year to last March. Read More »

UK car sales seen as flat but stable in January British new-car sales remained flat at 128,852 units in January, just 200 more cars than the year before, the Society of Motor Manufacturers and Traders said Monday. The ... Read More »
Porsche expects U.S. sales growth of 17% in 2012 Porsche is targeting double-digit U.S. sales growth this year. The sports car company aims to sell 34,000 vehicles in 2012, a 17 percent increase over last year's 29,023 ... Read More »
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