Mexican Media Brands
Toyota Realigns N. American Manufacturing, Confirms Mexico Plant
4/15/2015Toyota Motor Corp. confirms widespread reports that it will open a new factory in Guanajuato, Mexico, in 2019 to make as many as 200,000 Corolla small sedans per year.
Piech-Winterkorn Rift Moves to Diplomacy Stage
4/15/2015Volkswagen AG Chairman Ferdinand Piech's effort to derail CEO Martin Winterkorn's career will move behind closed doors for a "diplomatic" solution, Reuters reports.
Chinese Company Buys Segway
4/15/2015Ninebot Inc, a Beijing-based maker of electric two-wheelers that strongly resemble Segway scooters, has acquired New Hampshire-based Segway Inc. for an undisclosed amount, BBC News reports.
Auto Industry, Tech Firms Form Smart Transportation Coalition
4/15/2015The U.S. auto industry, high-tech firms and intelligent transportation firms have partnered to promote vehicle connectivity and self-driving cars.
China’s Economic Growth Slows to Six-Year Low
4/15/2015China's gross domestic product expanded by an adjusted 7% in January-March, its slowest pace in six years, according to the National Bureau of Statistics.
New CEO Aims to Polish Qoros Image in China
4/15/2015Phil Murtaugh, who took over in February as CEO of Qoros Automotive Co., tells The Wall Street Journal he hopes to jumpstart the Chinese carmaker's image and sales in large part by doubling its dealerships and placing them in better locations.
GM Pleas with Suppliers for More SUV Parts
4/15/2015General Motors Co.'s purchasing chief tells reporters he has called dozens of the company's biggest suppliers, urging them to increase output so GM can build more large trucks and SUVs, The Detroit News reports.
GM Inches Closer to Decision on Big Buick
4/15/2015General Motors Co. is moving closer to a decision about using its new Omega rear-drive platform, which will debut in the new Cadillac CT6 sedan, to carry a top-of-the-line Buick, Automotive News notes. "We're looking at it," global product development chief Mark Reuss told reporters in January and again last week.
Honda Sponsors Saturday Night Line Prequel to SNL
4/15/2015Honda Motor Co. is launching a youth-oriented video series to appear on NBC Television three hours before the iconic Saturday Night Live comedy show airs.
ThyssenKrupp to Shed Axle-Making Unit
4/14/2015ThyssenKrupp AG plans to sell its automotive axle-making business, sources tell Reuters.