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Mitsubishi CEO pledges to stay in U.S., wants to quadruple sales

Mitsubishi Motors Corp. President Osamu Masuko says the company won't pull out of the U.S. market and that his personal mid-range sales target is 200,000 units a year, or roughly four times today's level of 50,000.

Town/country fuel price gap closes

THE PETROL PUMP postcode lottery, meaning rural drivers lose out to town motorists on price, appears to be coming to an end. The gap between prices in country districts compared with urban areas has closed from around 5p a litre to as low as 2p, according to the AA. This dip in rural prices has contributed to a general nationwide fall in the cost of petrol, which now averages 129.63p a litre compared with 130.46p in mid-January.

New Corsa first of 27 new Vauxhalls and Opels in four years

By Tim Pollard Motor Industry 04 June 2014 13:35 Opel and Vauxhall are preparing a barrage of 27 new models and 17 new engines in the next four years in a bid to stop the slide and return to profitability, the chief executive pledged today. Karl-Thomas Neumann said he hoped to increase its European market share to 8% by 2022, from the current 5.8%, by focusing on small cars and using the global reach of the GM family and its technology. If successful, that would mean becoming the second best-selling brand here.