Mexican Media Brands
Diess to Head VW Brand in July
2/27/2015Former BMW product development chief Herbert Diess will take control of Volkswagen AG's VW brand on July 1 rather than Oct. 1 as VW originally planned.
Volkswagen's Profit Climbs 20%
2/27/2015Volkswagen AG reports its net profit last year rose to €10.8 billion from €9 billion in 2013.
Aston Martin Details $2.8 Million Vulcan Supercar
2/27/2015Aston Martin Lagonda Ltd. says its 800-hp Vulcan race car will retail for 1.8 million ($2.8 million). The car, which is legal only for track use, will be publicly unveiled next Tuesday ahead of the Geneva auto show.
FCA Recalls Some Chrysler 200s for Shifter Defect
2/27/2015Fiat Chrysler Automobiles NV is recalling nearly 26,000 Chrysler 200 sedans in North America to repair transmissions with a defect that prevents them from being shifted into Park.
Resale Prices on EVs Fade
2/27/2015Used-car prices on electric cars in the U.S. are dropping fast, in large part because incentives make new models more attractive, The Wall Street Journal reports.
Consumer Confidence Hits 13-Year High in Germany
2/27/2015German consumers are the most confident about their country's economy since 2001, according to a poll by the GfK Group in Nuremberg.
Ford Hires Staff in Canada to Make Edge Crossover Exports
2/27/2015Ford Motor Co. has hired 400 additional hourly workers at its factory in Oakville Ont., to make Edge crossovers for export to Europe and China.
Daimler Looks for Cost Cuts to Offset CO2 Program
2/26/2015Daimler AG will attempt to pay for the costs of reducing carbon dioxide emissions from its vehicles by seeking further cuts in materials costs over at least the next three years.
GM to Halt Car Production in Indonesia
2/26/2015General Motors Co. says it will phase out its modest carmaking operations in Indonesia by June, Reuters reports.
Visteon’s Fourth-Quarter Sales Surge 21%
2/26/2015Visteon Corp.'s revenue in October-December 2014 to $2 billion in 2014 from $1.7 billion a year earlier.