Hyundai has appointed former Russia boss Byung Kwon Rhim to head its growing operations in Europe. Rhim, 52, also has held several marketing positions within Europe and previously headed the Europe division at Hyundai's headquarters in Korea.
Next week's Detroit auto show will demonstrate that automakers are finding ways to provide sharp looks and speed, even as cars are shrinking to save fuel. Audi may show the RS7, a high-performance version of the A7, while Chevrolet will unveil a redesigned Corvette.
Renault plans to increase local production in Turkey to take advantage of a market expected to grow slightly in 2013. The automaker aims to use as much as 92 percent of the 360,000 vehicles-a-year capacity at its Bursa plant this year, compared with almost 86 percent in 2012.
Russia's auto industry is in danger of sliding into the same overcapacity problem as the rest of Europe, analysts say. The warning comes after contract manufacturer Avtotor Holding became the latest to announce a major investment in Russian auto production.
Automakers for months have been announcing plans to add local manufacturing in Russia. The list of companies planning to increase output includes VW, Nissan and Ford. But when Russian sales unexpectedly fell flat in November it caused concern.