Auto sales in January show unusual strength

DETROIT (Reuters) - Auto sales rose more than 11 percent in January, a surprisingly robust showing that marked the strongest annualized sales rate for the industry in nearly two-and-a-half years. The surge in sales, led by Chrysler Group LLC and Volkswagen of America , was propelled by the growing need for American drivers to replace their aging cars and trucks. Higher used-car prices and low ...

Nissan announces new $2 billion plant in Mexico

Nissan Motor Co. announced Wednesday it is investing $2 billion to build a new manufacturing plant in Mexico. It will be the Japanese company's third in the country, helping it serve markets throughout ...

Research and Markets: Trucks in North America: Spotting Future Trends and Opportunities

Research and Markets has announced the addition of the "Trucks in North America" report to their offering.

BorgWarner Supplies Turbochargers to Daimler Trucks for First-Ever Euro VI Heavy-Duty Engine

AUBURN HILLS, Mich., Jan. 31, 2012 /PRNewswire/ -- BorgWarner supplies its B-series turbochargers for the new Mercedes-Benz 12.8-liter six-cylinder in-line Blue Efficiency Power engine, the first in its ...

Auto sales in Jan show unusual strength

Major automakers reported a nearly 12 percent gain in U.S. sales in January, a surprisingly strong showing driven by the growing need for American drivers to replace aging cars and trucks.