Mexican Media Brands
India’s Auto Parts Industry Grows 11%
7/1/2015The automotive parts business in India expanded 11% to 2.3 trillion rupees ($36 billion) in the fiscal year ended March 31, according to the country's Automotive Component Manufacturers Assn.
Toyota Fuel Cell Car Sets the Bar for Range, Efficiency
7/1/2015Toyota Motor Corp.'s new Mirai fuel cell-powered midsize car can travel 312 miles on a tank of hydrogen and has a U.S. government gasoline-equivalent rating of 67 mpg.
Eurozone Inflation Slips to 0.2%
7/1/2015Inflation in the eurozone remained positive in June for the second consecutive month.
“Diva of Distressed” Tilton Loses Bid to Block SEC
7/1/2015A federal District Court judge says Lynn Tilton, the flashy owner of Michigan-based Dura Automotive Systems Inc., must go through a U.S. Securities and Exchange Commission disciplinary proceeding before challenging the constitutionality of the SEC's process.
Indiana Sues Automotive Suppliers for Price Fixing
6/30/2015Indiana is suing two dozen suppliers of automotive wiring harnesses for rigging bids to inflate the price of their products, The Detroit News reports.
Getrag Ponders an Equity Sale
6/30/2015Family-owned transmission supplier Getrag AG is studying a possible equity sale or initial public offering, sources tell Bloomberg News.
TI Automotive Completes Sale to Bain Capital
6/30/2015TI Automotive Ltd. has completed its long-awaited sale to Bain Capital.
SEAT Plans Small SUV in 2017
6/30/2015Volkswagen AG's SEAT unit is preparing to introduce a mini-SUV/crossover vehicle in Europe by the end of 2017, a source tells Automotive News Europe.
Report Calls Out Oil Guzzlers
6/30/2015A new Consumer Reports survey shows that about 98% of 2010-2014 model cars and light trucks in the U.S. don't require additional oil between regular changes.
Suzuki’s New President Will Be CEO’s Son
6/30/2015Suzuki Motor Corp. Chairman, CEO and President Osamu Suzuki has turned over the title of president and chief operating officer to his son Toshihiro, 56.