Daily News Briefs: May 11, 2012

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By Kelsey Mays

May 11, 2012

In other news:

Reuters reports Nissan’s quarterly profits rose 33% to $1.48 billion at current exchange rates and expects to beat global sales growth this year with 10 new models.
Alan Mulally has been Ford’s CEO since September 2006, but The Detroit News reports the 66-year-old former Boeing executive, who’s taken the automaker from the red to 10 consecutive quarters of profits, isn’t planning to go anywhere.
Toyota was the world’s largest automaker from 2008 to 2010, and it could regain the title this year: At 2.49 million cars, its first-quarter global sales outpaced GM (2.28 million) and Volkswagen (2.16 million), Bloomberg News reports.

Former Assistant Managing Editor-News Kelsey Mays likes quality, reliability, safety and practicality. But he also likes a fair price. Email Kelsey Mays