Mexican Media Brands
Eberspaecher to Expand in Michigan
4/10/2014Eberspaecher North America Inc. says it will nearly triple the size of its exhaust system and catalytic converter factory in Brighton, Mich., to about 300,000 sq ft over the next five years.
GM Plans Cheaper Chevy Volt for 2016
4/10/2014General Motors Co. will introduce a lower-priced variant of its Chevrolet Volt extended-range hybrid in 2016, Reuters says.
VW Halts U.S. Sales of Cars with 1.8-Liter Engines
4/10/2014Volkswagen AG has told its U.S. dealers not to sell any models that were produced in North America after Feb. 1 and equipped with the company's widely used 1.4-liter turbocharged 4-cylinder engine, Automotive News reports.
BMW Sales Set All-Time Monthly Record
4/9/2014Retail deliveries of BMW brand vehicles rose 17% to an any-month high of 186,100 units in March, led by strong demand for small and midsize crossover models.
Toyota Recalls 6.4 Million Vehicles for Multiple Faults
4/9/2014Toyota Motor Corp. has launched five simultaneous global recalls of 6.4 million vehicles to fix problems in 27 of its models.
Renault Target: Second in Europe by 2017
4/9/2014Renault SA tells Automotive News Europe it intends to outsell Ford and Opel in three years to become Europe's second-largest brand.
BMW to Unveil Flagship 9 Series Concept
4/9/2014BMW AG will use the Beijing auto show to introduce a new ultra-luxury model, the 9 Series sedan, in concept form, according to Germany's Auto Motor und Sport magazine.
Beijing Auto Plans IPO Worth As Much As $3.2 Billion
4/9/2014Beijing Automotive Group Co. expects to raise between $1.6 billion and $3.2 billion in a Hong Kong-based initial public offering in the second half of 2014.
GM Fined for Late Report on Ignition Switch Recall
4/9/2014General Motors Co. is accruing $7,000 per day in civil fines for missing an April 3 deadline to fully answer questions about its belated recall of 2.6 million ignition switches linked to 13 fatalities.
U.S. Gasoline Prices Expected to Equal Last Summer’s Average
4/9/2014The price of a gallon of gasoline in the U.S. will average $3.57 this summer compared with $3.58 in 2013, the U.S.