Mexican Media Brands
BorgWarner Sales Up, Net Profit Down
2/13/2015BorgWarner Inc.'s revenue in the fourth quarter of 2014 grew 6% to $2 billion.
January Sales Fall for Volkswagen Brand
2/13/2015Volkswagen Group reports that worldwide deliveries for its namesake brand dropped 3% to 507,100 units in January in what sales and marketing chief Christian Klingler describes as an uncertain and "challenging" year.
Honda Debuts Revamped Pilot Crossover
2/12/2015Honda Motor Co.'s redesigned 2016 Pilot small crossover is more fuel efficient, 3.5 inches longer, roomier and nearly 300 lbs lighter than the outgoing model.
GM Asks Banks for Help on Stock Buyback Demand
2/12/2015General Motors Co. tells Reuters it has asked two investment bankers for advice in responding to a request to enhance stockholder value by buying back $8 billion in shares.
Canadian Supplier to Build Ford GT Supercar
2/12/2015Ford Motor Co. has chosen Multimatic Motorsports in Markham, Ont., to build the Ford GT supercar beginning next year.
Sweden Cuts Lending Rate to Minus 0.1%
2/12/2015Sweden's central bank has lowered its benchmark lending rate from 0% to -0.1% to help stimulate the country's economy.
Study: Robot Use Could Jump 2.5x by 2025
2/12/2015Falling prices for industrial robots could multiply their use in handling "automatable" tasks from 10% today to 25% in 10 years, predicts Boston Consulting Group.
Renault Will Idle Moscow Plant for 3 Weeks
2/12/2015Renault SA plans to suspend production between Feb. 16 and March 6 at its Avtoframos factory in Moscow, Reuters reports.
BMW Debuts 7-Seat Minivan
2/12/2015BMW AG's new 2 Series Gran Tourer minivan will bow next month at the Geneva auto show and go on sale in Europe and China in June.
Renault's Net Profit Nearly Triples
2/12/2015Renault SA reports its net income jumped to €2 billion last year from €695 million in 2013.