Mexican Media Brands
Daimler to Accelerate Cost-Cutting Drive
6/11/2015Daimler AG, which cut costs by €2 billion in 2012-2015, tells investors it aims to save at least that much more over the next several years.
CAAM Says China Car Sales Grew 1% in May
6/11/2015Sales of new cars and light trucks in China rose 1% to 1.6 million units in May, according to the state-backed China Assn. of Automobile Manufacturers.
At Your Service: Autonomous Valet
6/11/2015Daimler AG and Bosch GmbH have teamed up to develop an automated valet system for Daimler's Car2Go car-sharing business.
Tesla Leases 500,000-sq-ft Factory in Silicon Valley
6/11/2015Tesla Motors Inc. has leased a large factory building near its Fremont, Calif., plant, the Silicon Valley Business Journal reports.
VW Restructuring May Eliminate Board Sales Chief
6/11/2015Volkswagen Group's sweeping reorganization plan may leave Christian Klingler, its top marketing executive, without a job, sources tell Reuters.
Mercedes-AMG Ponders E-Turbos for Compact Cars
6/11/2015Daimler AG is considering the use of electric turbochargers for high-performance AMG variants of its Mercedes-Benz small cars, reports Auto Express.
DOE Partners with Utility Consortium to Speed EV Usage
6/11/2015The Edison Electric Institute (EEI) and U.S.
GM Plans Secondary Use for Lithium-ion Batteries
6/11/2015General Motors Co. is developing a post-vehicle application for lithium-ion batteries used in its Chevrolet Volt plug-in hybrid car and future electrified models.
Marchionne Widens List of Merger Partners
6/11/2015Fiat Chrysler Automobiles CEO Sergio Marchionne is looking at several other would-be merger partners after General Motors Co. snubbed his overture, sources tell Bloomberg News.
VW Car Sales Shrank 6% in May
6/11/2015Volkswagen Group says its VW passenger car brand delivered 499,500 vehicles worldwide last month compared with 531,000 in May 2014.