Headlines for Thursday, December 6, 2012
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UK overtakes France as Europe's No. 2 car market
The UK has overtaken France to become Europe's second-biggest car market following strong November and 11-month sales. Read More »
Investindustrial said to be close to buying Aston Martin stake
Private equity fund Investindustrial is near an agreement to buy an Aston Martin stake to shore up the finances of the British sports-car maker. Read More »
Daimler will sell half of EADS holding to focus on autos
Daimler is selling half its remaining stake in the European Aeronautic, Defence & Space Co. (EADS) to focus on cars and trucks. The sale will raise about 1.66 billion euros ($2.17 billion). Read More »
Renault-Nissan deal with AvtoVAZ expected next week
Renault and Nissan's $750-million deal to Renault effective control of Lada maker AvtoVAZ is expected to be signed next week. Read More »
BMW sees 3rd straight sales record in 2013, helped by 4 series
BMW said its vehicle sales will probably reach a third consecutive annual record next year, when the automaker will introduce the 4-series coupe. Read More »
Mercedes Nov. sales up 5% as U.S. demand offsets China drop
Daimler said vehicle sales at its Mercedes-Benz Cars unit rose 5.3 percent to 128,768 in November, as rising U.S. volumes offset a decline in China. Read More »
Expect another number surprise from BMW
BMW is expanding the numbering system it uses to identify its models. The 4 series will launch next year but we can expect another new number. Read More »
