The production version of the Chevrolet Cruze hatchback is set for a debut at the Geneva motor show in early March.
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Toyota Motor Sales U.S.A. is seeking to reduce headcount on a voluntary basis as it rebuilds from last year's recall crisis amid an uncertain economy. A letter to Toyota's U.S.
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Former Missouri Gov. Matt Blunt today was named to head a Washington group that lobbies for the Detroit 3 automakers.
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Volkswagen intends to suspend production at its Emden factory next Monday because of parts delivery shortages.
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Dana Holding Corporation has completed the refinancing of its capital structure, paying down debt and replacing its secured term loan with US$750m in senior unsecured notes in a registered notes offering. Dana has also received lender commitments for a new $500 million revolving credit facility with a five-year maturity.
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Reacting to consumer complaints of insufficient cooling, Fiat has been replacing air conditioners in petrol powered Grande Punto hatchback and Linea sedans sold in India.
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Mazda announces top spec Takuya Mazda2, Mazda3 and Mazda6 models on sale from today.

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Turkish automaker Tofas, a unit of Fiat SpA, said it would increase workers' shifts as it sees a pickup in demand and will hire intially 500 people.
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Saab has reorganized its global sales structure. Its new global sales organization is divided into four regions -- Americas; Nordic; Europe; and Asia Pacific, Middle East and Africa.
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Saab Automobile AB, seeking to boost sagging sales around the world, said today it has reorganized its global sales structure.
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Renault has estimated revenues up 15.6% year on year to EUR38.97bn for 2010, ahead of official figures on 10 February.
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Lear Corporation reported fourth quarter sales of $3.2bn, up 15% from a year ago and operating earnings of $150m, up 30%. Earnings per share was $2.38.
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Lear Corp. said today its fourth-quarter net income remained low without the restructuring credits received during its bankruptcy last year.
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ArvinMeritor has reported financial results for its first fiscal quarter ended Dec. 31, 2010. The company, which recently sold its body systems business, is also planning a name change to Meritor, Inc. by the end of March.
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Autoliv has reported record earnings results for the quarter ended December 31, 2010.
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All 50 copies of the 50th Anniversary Shelby Cobra Street Car sold out within 48 hours of its official introduction, Shelby American said on Monday.
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Saloon and estate versions of facelifted Mercedes C63 AMG break cover.

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Mercedes-Benz has reintroduced its hyper-luxury Maybach car in India on Tuesday, saying there are now enough super-rich potential customers there.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up