The shift in CLA sourcing from Europe to Mexico should increase profit margins for Mercedes in the price-sensitive entry-level luxury market, where healthy U.S. sales volumes will be needed in order for the brand to meet CAFE targets....More
The new sedan, to launch in 2015, will be based on the Etherea concept unveiled in 2011. Like the show car, the production model is expected to get a 2.5L supercharged 4-cyl. engine from partner Mercedes....More
The JV called Alliance Rostec Auto, which is registered in the Netherlands, will serve as a stable, long-term operator of AvtoVAZ, maker of the Lada brand. Renault plans to hold a controlling 50.1% stake by mid-2014....More
Senior Vice President Johan de Nysschen, who spent nearly two decades with Audi, sees diesels and premium compacts helping Infiniti in Europe, while a production version of the LE concept car should draw a well-heeled demographic worldwide....More
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