Mexican Media Brands
GM CEO Barra Earned $16.3 Million Last Year
4/24/2015General Motors Co. awarded CEO Mary Barra $16.3 million in compensation in 2014, her first year in the post, according to the company's proxy statement.
Volvo Will Build Next-Generation Small Car in Belgium
4/24/2015The first car Volvo Car Group launches with its new "compact modular architecture" will be built at the company's factory in Ghent, Belgium, and is likely to be the next-generation V40 small hatch, according to CEO Hakan Samuelsson.
Mazda Quarterly Sales Up, Profits Down
4/24/2015Mazda Motor Corp. hiked revenue 12% to 840 billion yen ($7.1 billion) in January-March 2015 as vehicle deliveries rose 4% to 394,000 units.
Renault’s First-Quarter Revenue Climbs Almost 14%
4/24/2015Renault SA's revenue in the first quarter of 2015 climbed to €9.4 billion from €8.3 billion in the same period last year.
Ex-Hitachi Exec Gets 15-Month Prison Sentence for Price Fixing
4/24/2015Takashi Toyokuni, a former manager with Hitachi Automotive Systems Ltd., has pleaded guilty and sentenced to 15 months in a U.S. prison for conspiring to fix prices on multiple components supplied to Ford, General Motors, Honda, Nissan and Toyota.
Acura Details NSX Supercar Technologies
4/24/2015Honda Motor Co.'s Acura unit presented new technical details about the design and production of its upcoming NSX supercar during this week's SAE World Congress in Detroit.
Honda Shifts to Cheaper Global Platform for Civic in Europe
4/23/2015Honda Motor Co. predicts a "significant" drop in production costs in 2017 when it switches from a special-spec chassis to a global platform for the Civic five-door hatch it makes in the U.K, Automotive News reports.
PSA Invites to More Partners to Join Its Small-Car Development
4/23/2015PSA Peugeot Citroen CEO Carlos Tavares tells reporters in Shanghai the company would consider expanding its small-car development alliance with Toyota Motor Corp. to include other carmakers.
Ford Cuts Production at Small Car, Hybrid, EV Plant
4/23/2015Ford Motor Co. is canceling one of three shifts and laying off 700 hourly and salaried employees at its factory in Wayne, Mich.
Hyundai’s Operating Profit Falls 18%
4/23/2015Hyundai Motor Co. reports its consolidated operating profit in January-March dropped to 1.6 trillion won ($1.5 billion) from 1.9 trillion won in the first quarter of 2014.