Mexican Media Brands
“New Fisker” Hints at Expanded Lineup
3/13/2014Bankrupt hybrid electric carmaker Fisker Automotive Inc. has been relaunched as The New Fisker by the company's new owners, Chicago-based Wanxiang America Corp.
Deaths from Faulty GM Ignition Switch Could Be Much Higher
3/13/2014Fatalities involving some of the 1.6 million cars listed in the General Motors Co. ignition switch recall are far higher than reported, the Center for Auto Safety points out.
GM Begins Construction of New Wind Tunnel
3/13/2014General Motors Co. has begun construction of a $30 million reduced-scale wind tunnel at its technical center in Warren, Mich.
BMW’s Quarterly Profit Climbs as Revenue Slips
3/13/2014BMW AG's group sales dropped 2% to €20.21 billion in the fourth quarter of 2013.
BMW Targets Third-Tier Cities in China
3/13/2014BMW AG is expanding its marketing efforts in China to relatively small cities with populations of a few million people each, the Financial Times reports.
Ferrari Plans Theme Park in Spain
3/13/2014Ferrari SpA will open a €100 million theme park called Ferrari Land in in 2016 at the PortAventura resort in Barcelona.
France to Reduce Its Stake in Valeo
3/13/2014France's Bpifrance state fund is selling off about 2 million shares of its stake in Paris-based Valeo SA for an estimated €201 million, Reuters reports.
India’s Car Market Improves
3/13/2014Passenger vehicle sales in India grew about 1% year to 160,700 units in February compared with a year earlier, according to the Society of Indian Automobile Manufacturers.
February Car Sales Slip 2% in Russia
3/13/2014Carmakers sold 206,500 passenger vehicles and light trucks in Russia last month compared with 210,700 units in February 2013, reports the Moscow-based Assn. of European Businesses.
NLRB Grants Anti-Union Groups Status in VW Union Dispute
3/13/2014The National Labor Relations Board has recognized two groups of anti-union workers as lawful parties to an appeal by the United Auto Workers union of a vote that rejected UAW representation at Volkswagen AG's factory in Chattanooga, Tenn.