Headlines for Saturday, March 3, 2012

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GM's pact with PSA shows error of keeping Opel, ex-Magna CEO says

March 3, 2012 12:30 CET
GM's cost-cutting alliance with PSA shows it made the wrong call in pulling out of a deal to sell European operations to Canadian supplier Magna, said Siegfried Wolf, who led the failed bid.

Obama: Retooled auto industry helps but won't solve pain at pump

6:34 am U.S. ET | March 3, 2012
President Obama said the U.S. auto industry's recovery and new fuel-efficient vehicles "will make a difference" in checking rising gas prices, though "it won't solve everything."

Honda fights for its soul after Civic bruising

12:01 am U.S. ET | March 3, 2012
Honda's creative directors Toshinobu Minami and Yoshinori Asahi have a mission: They must kill any mediocre car designs rumbling down the pipeline.

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