Headlines for Thursday, November 1, 2012

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Fiat plans big product offensive in 2015

Fiat Group's major product offensive won't come until 2015 when the automaker's core Fiat brand launches four new models and Alfa Romeo begins sales of a crucial mid-sized sedan and a small roadster co-developed with Mazda. Read More »

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Lexus tops J.D. Power's China vehicle quality study

International luxury brands continued to dominate J.D. Power's Initial Quality Study for China this year. Lexus earned the top ranking with only 54 problems reported per 100 vehicles. Mercedes-Benz, BMW AG and Audi AG ranked second, third and fourth. Read More »

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Ford names Fields COO, putting him in line to become chief executive

Ford named Mark Fields, president of the Americas unit, as COO, putting him in line to succeed Alan Mulally when he retires no sooner than the end of 2014. The appointment was part of a sweeping overhaul of Ford's executive ranks. Read More »

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Mercedes pitches $5,000 VIP discounts to hold U.S. lead over BMW

Mercedes-Benz, guarding its U.S. premium-auto sales lead, is letting some buyers skip more monthly payments than BMW and offering as much as $5,000 discounts to "VIP customers." Read More »

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