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Daimler considers building Mercedes C-class in U.S.

Daimler AG could move some production of the Mercedes-Benz C-class to the United States from Germany, a German newspaper reported Wednesday. The Stuttgarter Zeitung said some C-class production could be transferred to the carmaker's plant in Vance, Ala., from Sindelfingen, near Stuttgart, as part of a wider production shakeup planned by Daimler to reduce costs. In the future, the C-class sedan could be built in three locations: Bremen, Germany; Vance, Ala., and in China, the newspaper said.

Chrysler repays $7.6 billion in outstanding U.S., Canadian loans

Chrysler on Tuesday repaid $7.6 billion in loans to the U.S. and Canadian governments, nearly two years after the No. 3 automaker was rescued.

SAIC Roewe-MG Cup design competition winners announced

The results of SAIC's Roewe-MG Cup design competition are in, with East China Normal University student Sun Jiajun taking top honors with his 850 Celebration concept. Themed ‘Roewe 2020: Elegant Confidence', the contest asked Chinese university students to design a future sedan, SUV or MPV for Roewe in 2020. Coming in second behind Jiajun were Qian Junlin and Zhang Mingxi, both of Jiang Nan University.