Mexican Media Brands
GM Will Invest $200 Million in Two Michigan Plants
11/25/2014Pontiac Metal facility General Motors Co. is spending $200 million to prepare two factories in metro Detroit for future vehicle programs.
British Busmaker Signs Deal to Install 250 GKN Flywheel Drives
11/25/2014Alexander Dennis Ltd., the U.K.'s largest busmaker, plans to equip 250 of its city buses with electric flywheel hybrid drives developed by GKN plc.
Continental Unit Agrees to Plead Guilty to Price Fixing
11/25/2014The U.S. Dept. of Justice says Continental Automotive Electronics LLC and its Korean affiliate have agreed to plead guilty and pay a single $4 million criminal fine for rigging bids for instrument clusters they sold to Hyundai Motor Co. and Kia Motors Corp.
Pioneer Targets Acquisitions to Bolster Auto Strategy
11/25/2014Pioneer Corp. tells the Nikkei it plans to form partnerships and make acquisitions to strengthen its new and exclusively automotive focus.
Honda Admits Failing to Report More Than 1,700 U.S. Crashes
11/25/2014Honda Motor Co.'s U.S. unit says it violated U.S. regulatory requirements by failing to report more than 1,700 possible safety-related crashes over the past 11 years.
Judge Overturns Homicide Conviction Linked to Faulty GM Ignition Switch
11/25/2014A judge in Texas has overturned a 7-year-old negligent homicide conviction of a woman whose General Motors Co. car crashed three years earlier because of a defective ignition switch.
Global Business Confidence Sags to 5-Year Low
11/24/2014Business expects further global growth in the year ahead, but the proportion of companies who forecast expansion has dropped to the lowest ratio since 2009, according to the London-based Markit Global Business Outlook Survey.
GM Touts Lower Cost of Its Aluminum Spot-Welding System
11/24/2014General Motors Co. tells Automotive News its patented spot-welding system for aluminum allows it to add aluminum components to its vehicles without the downtime and expense of adopting more conventional rivet-and-bond systems.
Hyundai-Kia Expects Record Sales This Year
11/24/2014Hyundai Motor Co. and its Kia Motors Corp. affiliate predict their full-year combined sales will reach a record 8 million units this year.
SGL Looks for Customers for Its Carbon-Fiber Plastic
11/24/2014SGL Group, the German maker of carbon-fiber-reinforced plastic vehicle parts, tells Wirtschaftswoche it is shopping its capabilities to at least four carmakers.