Mexican Media Brands
Europe’s Auto Industry Faces Years of Overcapacity
6/10/2014Carmakers in Europe aren't likely to return to 2007's peak capacity utilization of 85% until at least 2020, says Automotive News Europe, citing analysts' estimates.
Ford Agrees to Keep Fiesta Production in Germany
6/10/2014Ford Motor Co. says it will build its next-generation Fiesta small car in Cologne, Germany, after reaching a deal with its works council there on flexible work rules and other efficiency measures.
Ford, Honda Expected to Hike Share of U.S. Market
6/10/2014Only two carmakers are likely to increase their U.S. market share between 2013 and 2017, predicts Bank of America Merrill Lynch Global Research.
Analysis: Crash Avoidance Systems Cut Insurance Claims
6/10/2014Forward collision and lane departure warning systems can reduce insurance claims for the Honda Accord by 14%, according to the Highway Loss Data Institute.
China’s Car Sales Climb 13%
6/10/2014Retail sales of passenger vehicles in China reached 1.5 million units last month compared with 1.3 million in May 2013, according to preliminary figures from the China Passenger Car Assn.
Average Age of U.S. Passenger Vehicles: 11.4 Years
6/10/2014The average age of cars and light-trucks on the road in America has been rising for years.
SAIC Begins MG6 Production in Thailand
6/10/2014China's Shanghai Automotive Industry Corp. has begun making right-hand-drive versions of its MG6 midsize sedan in Thailand, Automotive News China reports.
PSA Outlines Plan to Grow DS Premium Brand
6/10/2014Yves Bonnefont, who became CEO of PSA Peugeot Citroen's DS premium brand on June 1, tells Automotive News Europe he aims to build the brand by targeting cities worldwide where demand for luxury vehicles is strongest.
Toyota Recalls 50,000 SUVs for Seatbelt Software Fix
6/10/2014Toyota Motor Corp. says it will update seatbelt control software in 50,000 of its 2014 model Highlander midsize crossover vehicles, including hybrid versions, in the U.S.
Ex-GM Executive Bill Hoglund Dies
6/9/2014Bill Hoglund, who headed five General Motors brands during his 36-year career with the company, died last weekend at age 79.