Mexican Media Brands
Porsche Buys Stake in Traffic Info Service
9/15/2014Porsche Automobil Holding SE has acquired a 10% stake in U.S.-based traffic mapping company Inrix Inc.
JLR to Assemble Range Rover Evoque in China
9/15/2014Tata Motors Ltd.'s Jaguar Land Rover unit confirms that its first Chinese-made SUV will be the company's stylish Range Rover Evoque.
Ferrari May Hike Production 43%
9/12/2014Ferrari SpA will increase annual production to as much as 10,000 units from its previous self-imposed cap of 7,000 after direct control of the brand shifts next month to Fiat SpA CEO Sergio Marchionne, says Bloomberg News.
Opel Teases Karl
9/12/2014General Motors Co. will return to Europe's minicar market next summer with the Opel Karl, a five-door hatch made in South Korea.
Kia Prices Soul EV at $34,500
9/12/2014The electric version of Kia Motors Corp.'s popular Soul people mover will be offered in the U.S. later this year at a price about $4,600 above the cost of a rival Nissan Leaf EV.
GM Buys Former Campbell Ewald HQ
9/12/2014General Motors Co. has acquired the 10-story former headquarters of the Lowe Campbell Ewald ad agency in Warren, Mich.
Flaws Halt Corvette Stingray Deliveries
9/12/2014General Motors Co. has suspended deliveries of the redesigned 2015 Chevrolet Corvette Stingray to fix two defects in about 2,800 of the sports cars.
Nevada Grants Tesla $1.3 Billion Tax Break, Right to Sell Cars Direct
9/12/2014Nevada's legislature has agreed to give Tesla Motors Inc. tax breaks worth $1.3 billion in exchange for building a $5 billion electric-car battery factory near Reno, Bloomberg News reports.
Kia Unveils U.S. Version of Electric Soul
9/12/2014Kia Motors Corp., which introduced an electric version of its popular Soul people mover in South Korea five months ago, took the wraps off the U.S. version on Thursday.
China May Ease Carmaker Control Over Dealers
9/11/2014China is studying a plan that would enable car dealers to offer multiple brands under the same roof and free them of operational controls now held by carmakers.