Mexican Media Brands
Ghosn Likely to Be Japan’s Highest-Paid Executive Again
6/24/2014Nissan Motor Co. says CEO Carlos Ghosn earned 995 million yen ($9.8 million) in the fiscal year ended March 31 and more than 1 billion yen when 93 million yen in dividends are included.
Cooper Tire to Open $36 Million Tech Center in Ohio
6/24/2014Cooper Tire & Rubber Co. plans to open a new Global Technical Center at its headquarters complex in Findlay, Ohio, by the end of this year.
Europe’s Economic Recovery Slows
6/24/2014Economic activity in the eurozone has slowed to its weakest pace in six months, according to the Markit Purchasing Managers' Index.
Chrysler Widens Stop-Start System Offering
6/24/2014Chrysler Group LLC will make automatic engine stop-start standard on some of its 2015 model Jeep Cherokee SUV and Chrysler 200 sedans, beginning in the fourth quarter of 2014.
GM Names Clegg to Head N. American Manufacturing
6/24/2014General Motors Co. has appointed Cathy Clegg, currently vice president of global manufacturing engineering, to vice president of North American manufacturing, effective July 1.
Eaton Settles Damage Claim by Meritor
6/23/2014Eaton Corp. has agreed to pay Troy, Mich.-based Meritor Inc. $500 million to avoid as much as $2.4 billion in damages over Meritor's antitrust claim.
Great Wall Replaces Three Executives as Sales Slump
6/23/2014China's Great Wall Motor Co. has replaced its heads of purchasing and domestic and international sales after the company reported year-on-year sales declines in five of the past six months, Bloomberg News reports.
Five-Month Platinum Strike Ends in South Africa
6/23/2014Miners in South Africa have accepted a new wage offer to end a strike that affected 45% of the world's supply of platinum, a key ingredient in automotive catalytic converters.
Daimler Ready to Approve Mexico Production
6/23/2014In two weeks Daimler AG's board will approve a plan to launch production of the Mercedes-Benz CLA small sedan at a Nissan Motor Co. factory in Aguascalientes, Mexico, according to Manager Magazin.
Takata Offers to Pay for Some U.S. Airbag Recalls
6/23/2014Takata Corp. tells the National Highway Traffic Safety Administration it will help carmakers replace certain airbag inflators it supplied between 2000 and 2007, Reuters reports.