Mexican Media Brands
Daimler’s Posts Revenue, EBIT Growth
7/23/2014Daimler AG's second-quarter revenue rose 6% to €31.5 billion, vehicle sales grew 4% to 628,900 units and earnings before interest and taxes jumped 12% to €2.5 billion.
Local Officials Say Kia Will to Open Assembly Plant in Mexico
7/23/2014Local officials confirm Kia Motors Corp. is negotiating to open a car plant worth more than $1.5 billion outside Monterrey, Mexico, Reuters reports.
Continental Touts Compact HUD System
7/23/2014Continental AG is introducing a compact head-up display that uses its own screen rather than the windshield to cut installation space requirements by nearly 50%.
Mascarenas to Retire as Ford’s Top Tech Officer
7/23/2014Ford Motor Co. Chief Technical Officer Paula Mascarena will retire on Oct. 1 after a 32-year career with the company.
Ford Names President for Lincoln Brand
7/22/2014Ford Motor Co. has named Kumar Galhotra, currently vice president of engineering, to the newly created post of president of Lincoln, effective Sept. 1.
Harley-Davidson Cuts Outlook as Earnings Jump 30%
7/22/2014Motorcycle maker Harley-Davidson Inc. reports second-quarter net income of $352 million compared with $272 million in the same period in 2013.
BMW Names New Managing Director for U.K., Ireland
7/22/2014BMW AG has appointed Graeme Grieve to head its operations in the U.K. and Ireland beginning Oct. 1.
Daimler Shows Off New Smart City Car Lineup
7/22/2014Daimler AG showed news media its next-generation Smart ForTwo city car and larger four-passenger ForFour variant in Berlin late last week.
Lidar Prices Could Slow Demand for Self-Driving Cars
7/22/2014The high cost of laser sensors needed by cars to detect objects around them suggests slow initial adoption of self-driving systems for cars, The Wall Street Journal reports.
Venezuela’s Auto Industry Stalls
7/22/2014Continuing currency problems have cut output by Venezuela's auto industry more than 80%, The Wall Street Journal reports.