Mexican Media Brands
Tesla Poised to Fire China Sales Execs?
2/10/2015Tesla Motors Inc. CEO Elon Musk is poised to dismiss or demote several executives in China because sales of the company's Model S electric car are far below target, sources tell Reuters.
Renault-Nissan Alliance Hikes Sales 3%
2/10/2015The Renault-Nissan alliance increased their combined annual sales 3% to 8.47 million vehicles in 2014, led by Nissan's gains in the U.S. and Renault's growth in western Europe.
U.S. Auto Bailout Team Member Seeks GM Board Seat
2/10/2015The head of a corporate turnaround firm who served on the government team that restructured Chrysler and General Motors wants a seat on GM's board.
Car Sales Rise 10% in China
2/10/2015Surging demand for SUVs and minivans pushed passenger vehicle sales in China to 2.07 million units last month from 1.90 million in January 2014, according to the China Passenger Car Assn.
Audi, Mercedes Outsold BMW in January
2/10/2015BMW AG's namesake brand fell from first to third in sales among luxury nameplates last month, according to company sales reports.
BMW Readies “X-Ray” Glasses to Aid Parking
2/10/2015BMW AG has developed special glasses that, when combined with exterior cameras on a vehicle, enable the wearer to "see through" the vehicle during parking maneuvers, sources tell the Financial Times.
Ricardo Partners to Bring Aerospace Composites to Autos
2/10/2015Ricardo plc and Albany International Corp.'s Albany Engineering Composites division are partnering to bring advanced three-dimensional aerospace composites to the auto industry.
Steelmaker Touts Aluminum-Steel Welding System
2/10/2015Aluminum and steel can be welded together, but the process is complex and costly, The Wall Street Journal reports.
Michelin Steps Up Cost Cutting as Profits Drop
2/10/2015Michelin & Cie. has raised its cost-cutting target €200 million to €1.2 million by 2016 after reporting a 9% drop in net profits for 2014.
TRW Sells Engine Valve Business to Federal-Mogul
2/10/2015TRW Automotive Holdings Corp. has finalized the sale of its wholly owned engine valve subsidiaries to Federal-Mogul Holdings Corp.