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• Magna joint venture with a Chinese company Magna International: Towards an improvement in Europe Magna sales increase 13% in third quarter Magna International has exceeded analysts' expectations The manufacturer of auto parts Magna International (TSX: MG) announced Monday that its Magna Exteriors division had form a joint venture with Chongqing equal share Guangneng Rongneng Trim to serve the market of automobile in China, growing.

• Nissan announced a net loss of 83.2 billion yen in the third quarter of 2008 The total net loss is expected to reach 265 billion yen for fiscal 2008.             Nissan Motor Co., Ltd.., Today announced its financial results for the third quarter of fiscal 2008 ending on March 31, 2009 and the results of the first 9 months. In the third quarter, the consolidated net loss after tax amounted to 83.2 billion yen (U.S. $ 0.81 billion, euro 0.55 billion), based on a net income

• Open a Honda car factory in Mexico Honda de Mexico, SA de CV, (HDM), the business of manufacture and sale of Honda in Mexico, today announced that it will build a manufacturing plant economic subcompact vehicles intended to Mexican markets and North -American. Honda will invest about 800 million U.S. dollars in this plant whose operations are expected to start in 2014. The plant is expected to employ 3,200 associates and has a

• Volvo announces the biggest incentive program in its history The Volvo Cars of Canada today announced that the XC90 and S60 models benefit from greater incentive program cash that the company has ever offered on two vehicles, allowing customers to save thousands of dollars. Regardless of trim level, the XC90 units will receive cash back of up to $ 10,200. This includes the new $ 7,200 cash back program of the company and a premium of $ 3,000 loyalty to