Mexican Media Brands
GM’s Board Gains 5th Female Director
2/6/2015Linda Gooden, a former executive at Lockheed Martin Corp., has joined the General Motors Co. board as its fifth woman, second black and 13th member.
France EV Incentives Target Diesel Owners
2/5/2015In April France will begin offering diesel owners as much as €10,000 to replace their cars with electric vehicles.
Ford Will Hike Production 40% at Valencia Plant
2/5/2015Ford Motor Co. says it will increase annual output 40% to 400,000 units at its factory in Valencia, Spain, this year.
Tata Maps Plan for Rebound
2/5/2015Tata Motors Ltd., with whose net profit in the fiscal third-quarter plunged 26%, hopes to revive its financial performance with cost cuts, new models and a bigger focus on exports, the Financial Times says.
Toyota to Aid Chinese Dealers
2/5/2015Toyota Motor Corp. has agreed to pay some of its dealers in China 1.2 billion yuan ($198 million) to offset the cost of growing inventories and slowing sales.
Ontario Cashes Out on GM Stake
2/5/2015Ontario has sold its remaining 37 million shares in General Motors Co. for about US$875 million.
U.S. Shipping Logjam Prompts Japanese Carmakers to Airlift Parts
2/5/2015At least two Japanese carmakers are importing parts to skirt shipping disruptions caused by stalled labor talks between ship operators and dockworkers on the West Coast.
Ex-Takata Engineer Offers to Testify on Inflator Dangers
2/5/2015A former Takata Corp. engineer is offering to testify before Congress about his warnings to the company more than a decade ago that their airbag inflators could suffer "catastrophic failures."
Hyundai to Unveil All-New Tucson Crossover
2/5/2015Hyundai Motor Co. will debut its next-generation Tucson small SUV/crossover on March 3 at the Geneva auto show.
Daimler Posts Record Sales, Profits
2/5/2015Daimler AG's profit before interest and taxes in the fourth quarter of 2014 climbed to a record €2.8 billion from nearly €2.6 billion a year earlier.