Mexican Media Brands
Visteon Finalizes $3.6 Billion Sale of Climate Control Stake
6/9/2015Visteon Corp. has finalized the sale of its 70% stake in Halla Visteon Climate Control Corp. to South Korea's Hankook Tires Co. and private equity company Hahn & Co.
FCA’s Chrysler Labor Chief Retires
6/9/2015Al Iacobelli, who has headed North American employee relations for Fiat Chrysler Automobiles NV since 2008, has abruptly retired.
U.S. May Charge GM with Wire Fraud
6/9/2015The U.S. Dept. of Justice could charge General Motors Co. with criminal wire fraud related to its belated recall of 2.6 million defective ignition switches linked to 111 fatalities, sources tell The Wall Street Journal.
Mercedes E-Class to Get Self-Driving System
6/9/2015Daimler AG's next-generation Mercedes-Benz E-Class midsize sedan will be capable of steering itself at highway speeds, Bloomberg News reports.
Hyundai-Kia Cut Costs as Sales Slip
6/9/2015Hyundai Motor Co. and affiliate Kia Motors Corp. say they will cut costs after reporting lower sales and shrinking profits in their final fiscal quarters ended March 31, Bloomberg News reports.
Audi: More SUVs, No Minivan
6/9/2015Audi AG's new-model plan through the remainder of the decade will focus on expanding the brand's current lineup of premium SUV/crossovers rather than "utilitarian off-roaders," says CEO Rupert Stadler.
Marchionne Wants Activists to Help Coax GM into a Merger with FCA
6/9/2015Fiat Chrysler Automobiles CEO Sergio Marchionne is urging hedge funds and other investor activists to help him convince General Motors Co. to merge with FCA, sources tell The Wall Street Journal.
Brose North America Names Brosseau President
6/9/2015Germany's Brose Group has named Mike Brosseau, a 16-year veteran of the company, as president of Auburn Hills, Mich.-based Brose North America Brosseau succeeds Jan Kowal, who is retiring as the unit's chairman.
Mercedes-Benz Sales Jump 13%
6/9/2015Daimler AG's Mercedes-Benz unit reports deliveries of 151,100 cars and crossover vehicles worldwide in May, up from 134,000 units in the same period last year.
Europe’s Car Rental Industry Poised to Consolidate?
6/9/2015The rental car business in Europe is likely to soon move into a phase of consolidation, the CEO of market leader Europcar Group SA tells Bloomberg News.