Mexican Media Brands
Lada Seeks New CEO
3/1/2016Russia's OAO AvtoVAZ is looking for a new leader to replace Bo Andersson, sources tell Reuters.
Marchionne’s Compensation Drops by Two-Thirds
3/1/2016Fiat Chrysler Automobiles CEO Sergio Marchionne earned €10 million ($10.9 million) in compensation last year, not including stock, according to the company’s annual report.
McLaren Announces £1 Billion Investment Plan
3/1/2016McLaren Automotive Ltd. says it will spend £1 billion ($1.4 billion) to launch 15 all-new supercars and derivatives between now and 2022.
New Honda Civic Hatchback Breaks Cover
3/1/2016Honda Motor Co. officially unveiled the hatchback version of its new Civic compact car today at the Geneva auto show.
DS Auto Shows EV Tech Demo Car
3/1/2016PSA Peugeot Citroen’s DS Automobiles unit says its new E-Tense all-electric concept car is designed to production standards—including meeting European pedestrian-impact regulations—but it is not one of the six new vehicles the company plans to launch by 2020.
February Car Sales Surge 13% in France
3/1/2016Registrations of new passenger vehicles in France rose 13% to 166,700 units in February, according to trade group CCFA.
VW Cites “Constructive Talks” to Resolve U.S. Diesel Recall
3/1/2016Efforts to reach agreement about how to fix Volkswagen AG’s 580,000 cheater diesels in the U.S. are progressing, CEO Matthias Mueller tells reporters ahead of the Geneva auto show.
FCA Starts Pacifica Production in Canada
3/1/2016Fiat Chrysler Automobiles NV has officially launched production of the all-new Pacifica minivan at its overhauled factory in Windsor, Ont.
Europe’s Industrials Shun Emerging Markets for Slower Growth at Home
3/1/2016Europe’s largest industrial groups are swapping ambitious expansion plans in emerging markets for slower but more stable growth at home, says the Financial Times.
Manufacturing in China Slows Again
3/1/2016Manufacturing activity in China slowed again in February, according to the country’s Purchasing Manager’s Index.