Headlines for Friday, January 25, 2013
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Daimler said to be in talks with Ford, Renault-Nissan to share fuel cell technology
Daimler has delayed plans to launch a fuel-cell powered variant of its B-class compact and is now in talks with possible partners Renault-Nissan and Ford on sharing the technology and reducing costs. Read More »
Opel sales chief Rieck quits after half year in job
Opel named Duncan Aldred as the automaker's acting sales and marketing chief after Alfred Rieck quit after just six months in the post. Aldred, 43, is chairman and managing director of Vauxhall, Opel's UK sister brand. Read More »
Volkswagen plans Golf push in Americas with shift to Mexico
Volkswagen plans to produce its Golf hatchback in Mexico as part of a push for market share in North America, where it trails global rivals. Read More »
VW mulls launching low-cost subbrand in China, executive says
Volkswagen may build its first low-cost car in China, development chief Ulrich Hackenberg said, as the automaker considers a move into no-frills vehicles to compete with Renault's Dacia and Nissan's Datsun Read More »
Fiat gets union agreement for layoff scheme at Melfi plant
Fiat has received trade unions' go-ahead for a layoff scheme at its Melfi plant in southern Italy that will allow it restructure the plant before producing a new Jeep and a Fiat model there. Read More »
Porsche extends CEO Mueller's contract
Porsche will extend the 3-year contract of its CEO, Matthias Mueller, by one year to October 2014. Mueller, 59, took over the top job at the sports car maker from Wendelin Wiedeking in 2010. Read More »
Russian car market sales value up 21.9% in 2012, Ernst & Young says
Russia's car market increased in value by 21.9 percent to 2.33 trillion rubles ($77 billion) in 2012, according to data from auditing firm Ernst & Young. Read More »
Daimler starts production of Mercedes CLA in Hungary
Daimler has begun production of a coupe-styled Mercedes compact alongside the B class in Hungary. The CLA is one of three new compacts that the automaker is planning to launch before 2015. Read More »
Saab hometown with 32% youth out of work prays for China
Saab is raising fresh hopes in its Swedish hometown as the mothballed brand gears up for another revival, more than a year after it went bankrupt. Read More »
Mercedes to add 2 models to S-class range
Mercedes-Benz's redesigned S-class range will grow from three vehicles to five with the addition of a convertible and an ultraluxury sedan. Read More »
Compact is 'top priority' for Jaguar
Jaguar wants to re-enter the compact segment and is considering multiple body styles, said Adrian Hallmark, Jaguar's global brand director. Read More »
