Report: Chery to produce cars in Russia (BusinessWeek) JAN. 31

Report: Chery to produce cars in Russia (BusinessWeek)
JAN. 31 5:43 A.M. ET China's state-owned Chery Automobile Co. will assemble its cars in Russia under an agreement with the Avtotor automaker, the Kommersant business daily reported Tuesday.

Hot Wheels, Barbie sales slide worldwide (The Monterey County Herald)
Fourth-quarter profit slid 2 percent at Mattel Inc., the world's largest toy maker, as sales of its Barbie and Hot Wheels brands slumped, the company said Monday.

Volvo to Offer New Small Car
The Swedish automaker unveils a small car intended for young professionals in urban areas.
Editors of MSN Autos