Home was where the hemorrhaging happened three years ago when two Detroit automakers headed for bankruptcy and a third suffered record losses. Now North America has become a money machine for the Detroit Three, which earned $4.5 billion there in the first quarter on surging U.S. sales.
More than 100 Mazda employees in the United States have accepted voluntary buyouts as part of the automaker's plan to restructure its money-losing operation here. According to documents filed with California state officials, 107 Mazda employees will be released July 2.
Chrysler Group's two mid-sized sedans have become automotive versions of Betty White, picking up new fans deep into their lives. The 90-year-old White, an award-winning comedienne and accomplished actress since the 1950s, has gathered a new generation of fans over the last two years.
British new-car sales rose by an annual 3.3 percent to 142,322 registrations in April, the Society of Motor Manufacturers and Traders industry body said on Friday. The SMMT said it was raising its full-year car sales forecast to 1.948 million units, 0.4 percent higher than the 1.