Porsche's aim to double annual car sales and VW Group's planned takeover of the sports car brand will be in focus when Porsche CEO Matthias Mueller speaks at the upcoming Automotive News Europe Congress.
Honda won the reversal of a $9,867 small-claims-court loss to a Californian who dropped out of a class-action lawsuit and pursued her own claim that the company overstated the fuel mileage of its Civic Hybrid.
Ford's shareholders meeting has been a less colorful affair since Daniel Karpen stopped attending. After nearly a decade of using the event to get Henry Ford's great grandson to heed his invention, he sat it out last year because its technology had become too costly.
Ford plans to triple annual output of EcoBoost-equipped vehicles built in Europe by 2015. The automaker said today it would boost production to about 480,000 vehicles by 2015 from 141,000 in 2011, and expects to double the number of models offering EcoBoost engines over the same period.
GM and PSA Peugeot Citroen are hammering out agreements for the projects they want to tackle together as part of their new global alliance, including expanding the number of vehicles they will build on shared platforms.
Toyota forecasts profit will more than double to a five-year high as it shakes off last year's natural disasters and introduces new models to regain market share. Net income in the three months ended March rose to 121 billion yen, compared with analysts' estimates for 140.
Opel/Vauxhall's decision to name its new minicar Adam has not been well received. Critics called the name "silly" but the car's quality, not its name, likely will decide whether it becomes a successful rival to the Mini and Fiat 500.
GM dealers waiting for leasing to take off will need to wait a little longer. GM Financial has said growth in leasing is a priority and last week reiterated that goal. However, leasing got off to a slow start in the first quarter.