Mexican Media Brands
Nokia Launches Connected Car Fund
5/5/2014Nokia Corp. is creating a $100 million fund to invest in companies that are developing innovations for connected vehicles.
Faulty Fuel Gauge Readout Prompts GM Recall
5/5/2014General Motors Co. is recalling 51,600 crossovers to reprogram engine control software that could cause an overly optimistic fuel gauge reading.
European Drivers Rate Themselves—and Each Other
5/5/2014Europeans consider Swedish drivers the best (47%) and Italians the worst (50%), according to a poll by the Vinci Autoroutes Foundation for Responsible Driving.
China’s Indigenous-Brand Policy Stumbles
5/5/2014China's demand that foreign carmakers develop and market special "indigenous" brands is hurting more than helping the country's domestic carmakers, the Financial Times reports.
Eurozone Unemployment Eases to 11.8%
5/5/2014Europe's seasonally adjusted jobless rate in March was unchanged from February but lower than year-earlier rates, according to Eurostat.
Jeep’s New Sales Target: 1.5 Million by 2018
5/5/2014Chrysler Group LLC, which said in January it hopes to achieve worldwide sales of 1 million units in 2015, aims to surpass 1.5 million annual sales in 2018, says Automotive News, which cites unnamed sources.
Mercedes-Benz Readies Coupelike Crossover
5/5/2014Next year Daimler AG's Mercedes-Benz unit is expected to begin making a production version of the Concept Coupe SUV it unveiled at the Beijing auto show.
California Awards $47 Million for Hydrogen Fueling Stations
5/5/2014The California Energy Commission is distributing $47 million in grants to erect 28 hydrogen refueling stations and deploy a mobile refueling rig in the state.
GM Meets with Plaintiffs’ Lawyers on Ignition Recall Claims
5/5/2014Kenneth Feinberg the lawyer General Motors Co. hired to determine how to compensate victims of car crashes linked to a belatedly recalled faulty ignition switch met on Friday with Texas lawyers representing several hundred of those claimants.
Subaru’s U.S. Marketing Chief Quits
5/5/2014Dean Evans, chief marketing officer for Subaru of America for nearly three years, has left the company to pursue "different priorities and ventures," Automotive News reports.