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.