Mexican Media Brands
Preh Expands Operations in Mexico
12/24/2014New Preh plant in Monterrey Automotive electronics supplier Preh Group has expanded its production floorspace in Monterrey, Mexico, by 24% to 20,800 sq m (223,900 sq ft). The €2 million ($2.4 million) project expands the company's Kalso factory, which assembles and tests surface-mounted devices used in such systems as climate controls.
Preh Expands Operations in Mexico
12/23/2014Automotive electronics supplier Preh Group has expanded its production floorspace in Monterrey, Mexico, by 24% to 20,800 sq m (223,900 sq ft).
FCA Expands Takata Recall to 3.3 Million
12/23/2014Dodge Ram Fiat Chrysler Automobiles NV has agreed to recall another 3.3 million vehicles worldwide to replace their driver-side airbag inflators.
U.S. Car Recalls Surpass 60 Million in 2014
12/23/2014Carmakers have recalled a record 60.5 million vehicles in the U.S. this year, thanks to huge recalls of flawed General Motors Co. ignition switches and defective airbag inflators from Takata Corp., Bloomberg News estimates.
GM Develops Alternative-Supply Plan for Takata Recalls
12/23/2014General Motors Co. has developed options to ensure enough airbag systems if the Takata Corp. airbag inflator recalls continue to strain industry capacity, Reuters reports.
Nissan Raises Prices in Russia, Shifts Production
12/23/2014Carlos Ghosn Nissan Motor Co. has stopped taking new-car orders for some models in Russia as the country's currency continues to weaken.
Neumann: Opel Could Miss 2016 Profit Target
12/23/2014Karl-Thomas Neumann Opel CEO Karl-Thomas Neumann has cautioned his executives that the company faces "strong headwinds" for 2015 that could thwart the company's effort to post a profit in 2016, Germany's Bild reports.
Saudi Arabia Won’t Cut Production to Bolster Oil Prices
12/22/2014Saudi Arabia insists it won't cut oil output to stabilize prices even if producers outside the Organization of Petroleum Exporting Countries decide to do so.
Nissan Raises Prices in Russia, Shifts Production
12/22/2014Nissan Motor Co. has stopped taking new-car orders for some models in Russia as the country's currency continues to weaken.
Neumann: Opel Could Miss 2016 Profit Target
12/22/2014Opel CEO Karl-Thomas Neumann has cautioned his executives that the company faces "strong headwinds" for 2015 that could thwart the company's effort to post a profit in 2016, Germany's Bild reports.