Headlines for Wednesday, February 27, 2013
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Nissan extends range for Europe-built Leaf
Nissan has extended the range and lowered the price of the Leaf electric car that the automaker will begin making in the UK in April. Read More »
Group 1 of U.S. buys four Ford dealerships in England
U.S. auto retailer Group 1 Automotive Inc. acquired four Ford dealerships in England, adding to its UK holdings. The dealerships are being acquired from Inchcape Retail Ltd. Read More »
Federal-Mogul plans to close plants in Europe after third straight quarterly loss
U.S. supplier Federal-Mogul said the slowdown in Europe's vehicle market contributed to a third straight quarterly loss and will force more plant closings in the region. Read More »
VW cuts bonuses to German workers by 4%
Volkswagen will pay its German workers a 7,200-euro ($9,400) bonus for 2012, a reduction of 4 percent on the previous year's payout despite posting record profits and sales last year. Read More »
Dacia will debut new Logan wagon, refreshed Duster
Dacia will debut a new version of its Logan MCV station wagon, along with a face-lifted Duster SUV, at the Geneva auto show, according to reports. Read More »
