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Nissan hires Magna Steyr to build new entry-level Infiniti car

Nissan said Thursday that Austrian contract manufacturer Magna Steyr will build a new premium compact car for the Infiniti brand, starting in 2014. Infiniti boss Andy Palmer said in a statement that the car will help the brand to reach new consumers and grow in key markets such as western Europe. Nissan did not give any more details about the car or say whether it will be sold in markets outside Europe such as the United States.

NHTSA investigates 2011-12 Ford Mustang for gearbox problems

The National Highway Traffic and Safety Administration has opened a preliminary investigation into 26,000 manual-equipped Ford Mustangs from model years 2011 to 2012, the organization said on Sunday. NHTSA has received 32 complaints of an inability to shift gears, some nearly resulting in crashes. The complaints range from the grinding of gears to the complete lockout of others.

Ram, large SUVs boost Chrysler's May sales 11 percent

Rising demand for Ram pickups, large SUVs and cars helped Chrysler Group's sales increase 11 percent in May. The company's car sales rose 16 percent while light truck deliveries advanced 9 percent, Chrysler said Monday. It marked the 38th consecutive month that the automaker's U.S.