Headlines for Friday, November 29, 2013

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GM replacing China president as Socia retires after one year

8:20 am U.S. ET | Nov. 29, 2013
General Motors is replacing its president in China after a year. Matthew Tsien, 53, a GM vice president, will take over from Bob Socia, 59, when he retires on Jan. 1, the company said in a statement Friday.

Saab to restart 9-3 production two years after bankruptcy

Nov. 29, 2013 10:52 CET
Saab's new owner will begin series production of the 9-3 almost two years to the day since the company was forced into bankruptcy.

Ford to pause Romanian B-Max output again in Dec.

Nov. 29, 2013 14:55 CET
Ford will halt production at its Romanian car factory for an extra seven days ahead of the Christmas break in December because of continued low demand in the European market, the U.S. carmaker said on Friday.

GM picks Tsien to succeed Socia as China president

Nov. 29, 2013 14:20 CET
GM will replace its president in China after a year. Matthew Tsien, 53, a GM vice president, takes over from Bob Socia, 59, when he retires on Jan. 1, the company said in a statement today. GM was outsold in China by VW in three of the past four quarters.

PSA will invest 90 million euros in underutilized French plant

Nov. 29, 2013 06:01 CET
PSA plans to invest 90 million euros to add production of a new Peugeot compact at its underutilized Rennes plant in France. Output will begin in mid-2016.

Ford shares patents with minority suppliers

12:01 am U.S. ET | Nov. 29, 2013
The owner of a small tooling supplier in suburban Detroit wants to play a big role in the auto industry's high-stakes shift from steel to aluminum. He just needs time.

Chevy, VW venture onto Subaru terrain

12:01 am U.S. ET | Nov. 29, 2013
Automakers are catching on to Subaru's strategy of targeting the active-lifestyle, outdoorsy psychographic.

Toyota expects weight, fuel savings from technology due in 2015

Nov. 29, 2013 06:01 CET
Toyota targets big weight savings and fuel economy gains with new technology due in 2015, the company's top r&d executives said.

ANE monthly e-magazine goes live Monday

Nov. 29, 2013 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Dec. 2. This edition looks at Fiat-Chrysler CEO Sergio Marchionne's new plan to relaunch struggling Alfa Romeo.

Lexus predicts record global sales

Nov. 29, 2013 06:01 CET
Despite its poor performance in Europe, Lexus will set a global sales record of more than 520,000 units this year. Mark Templin, executive VP of Lexus International, said that worldwide sales would "finish on the north side of 520,000," edging Lexus' high of 518,300 units in 2007.

DOUGLAS A. BOLDUC

SUVs not that hot after all?

12:01 am U.S. ET | Nov. 29, 2013
SUVs and crossovers rank far below hatchbacks and sedans when it comes to what customers in Europe intend to purchase, according to a study.

Why Mulally might be a fit at Microsoft

Nov. 29, 2013 06:01 CET
The speculation that Alan Mulally is headed to Microsoft won't die down -- not helped by the fact that the Ford CEO has not exactly come out and said it isn't true.

Automotive News
Special Video Report
Nissan's Munoz on dealers: 'You grow or you go'

Nissan's Munoz on dealers: 'You grow or you go'

Nissan North America Chairman Jose Munoz has a tough goal to meet: Raise the combined U.S. market share of Nissan and Infiniti from 8.4 percent to 10 percent by March of 2017.
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