Headlines for Thursday, October 4, 2012
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Mercedes posts record vehicle sales on U.S., China demand
Mercedes-Benz posted record global vehicle sales for September thanks to growth in China and the United States and despite falling volume in Europe. Read More »
Visteon CFO Welch resigns
Supplier Visteon announced the resignation of Executive Vice President and CFO Martin Welch. Welch will be replaced on an interim basis by Michael Widgren, who has served as Visteon's vice president, corporate controller and chief accounting officer since May 2007. Read More »
UK car sales rise in September, bucking downward European trend
UK new-car sales rose for a seventh consecutive month in September in contrast to other major European markets. Industry association SMMT sees consumer confidence returning. Read More »
Volkswagen may build new Golf in Mexico
Volkswagen favors using its factory in Puebla, Mexico, as another production site for the new Golf, VW CEO Martin Winterkorn said. Read More »
