Mexican Media Brands
“Old” GM Says “New” GM Should Pay for Faulty Vehicles
12/18/2014The trust that pays creditors of "old" General Motors says "new" GM should compensate customers for lost resale value due to the recall of 2.6 million cars with defective ignition switches.
Average U.S. Gasoline Price Drops Below $2.50
12/18/2014The average price of a gallon of gasoline slipped below $2.50 on Thursday for the first time since 2009, according to the AAA Daily Fuel Gauge Report.
Ward’s 10-Best Engine List Includes First Fuel-Cell System
12/18/2014This year's "10 Best Engines" list from WardsAuto.com includes a 707-hp supercharged V-8, turbocharged 3-cylinder engine, an all-electric battery system and for the first time a fuel-cell power source.
Senate Confirms Rosekind to Head NHTSA
12/18/2014The U.S. Senate has confirmed Mark Rosekind as head of the National Highway Traffic Safety Administration.
VIDEO: Honda to Unveil NSX Supercar at Detroit Auto Show
12/18/2014Honda Motor Co. will publicly introduce the production version of its Acura NSX hybrid supercar on Jan. 12 at the Detroit auto show.
Visteon Sells Its Stake in Halla Visteon
12/18/2014Visteon Corp. has agreed to sell its 70% interest in South Korea's Halla Visteon Climate Control Corp. to the country's Hankook Tires Co. and private equity company Hahn & Co.
Japan Ponders Tax Cut for Corporations
12/18/2014Shinzo Abe Japan is studying a plan to lower the country's corporate tax rate by 2.5 percentage points or more next year to help improve the competitiveness of its domestic companies, according to The Nikkei.
Report: VW to Replace Head Product Strategist
12/18/2014Klaus-Gerhard Wolpert Volkswagen AG is preparing to reassign Klaus-Gerhard Wolpert, its top product strategist, to the group's heavy-trucks operations, according to media reports in Germany.
Daimler May Relocate U.S. Mercedes-Benz Headquarters
12/18/2014Daimler AG's Mercedes-Benz unit in the U.S. is pondering a plan to move its headquarters from Montvale, N.J., to Georgia or North Carolina, according to The Wall Street Journal.
Takata: We Can Fund Airbag Recalls
12/18/2014Takata Corp. tells The Nikkei it has enough funding to cover the cost of expanding global recalls to replace defective airbag inflators that can explode when triggered.