As GM CEO Dan Akerson works on a global corporate reorganization, the decisions he faces are playing out in one of the company's most important emerging markets: Brazil. Akerson wants more accountability and flexibility among senior management as the U.S.
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. Saab's new parent, owned by a Chinese renewable energy investor, intends to start building 9-3 sedans and convertibles in August.
BMW plans to earn the first profit in 2013 from a two-year-old venture that rents cars by the minute. The automaker hopes to overtake Daimler with a push to woo urban consumers who are looking for an alternative to owning a vehicle.
Nissan North America Chairman Jose Munoz has a tough goal to meet: Raise the combined U.S. market share of the Nissan and Infiniti brands from 8.4 percent last year to 10 percent by March of 2017. » Watch the Video