Mexican Media Brands
China’s Qoros Expands Lineup for Europe
3/7/2014Qoros Auto Co. Ltd. a venture between China's Chery Automobile Co. and Tel Aviv-based Israel Corp. is expected to expand its lineup in Europe to three models by year-end.
Court Approves $5 Million Loan for Fisker
3/7/2014A Delaware bankruptcy court has approved a request by Fisker Automotive Holdings Inc. to borrow $5 million in interim debtor-in-possession funding from China's Wanxiang Group.
GM May Supply Cars to Australia from South Korea
3/7/2014General Motors Co., which will phase out local car production in Australia in 2017, tells Bloomberg News it is pondering a plan to hike shipments of vehicles to the country from its affiliate in South Korea.
Mulally Picks Up $13.8 Million in Ford Stock
3/6/2014Ford Motor Co. has awarded CEO Alan Mulally 882,400 shares of stock worth $13.8 million for guiding the company to net earnings of $7.2 billion in 2013.
Toyota Pushes for Bigger Bonuses, Modest Pay Hike for Workers
3/6/2014Toyota Motor Corp. will offer its hourly workers in Japan a 2,000-yen ($19.47) boost in monthly base pay half what workers have requested, The Nikkei, says.
Ford Posts 67% Jump in China Sales
3/6/2014Ford Motor Co.'s two ventures in China sold 73,000 vehicles in China last month compared with 43,700 in February 2013.
China Sets Growth, Inflation Goals
3/5/2014China Premier Li Keqiang says the country is targeting economic growth and inflation limits of 7.5% and 3.5%, respectively, this year.
Fiat to Start Making Maserati SUV Bodies Next Year
3/5/2014CEO Sergio Marchionne confirms that Fiat Chrysler Automobiles NV will begin making bodies for its Maserati Levante SUV at its Mirafiori plant in Italy next year.
NHTSA Demands Ignition Switch Recall Details from GM
3/5/2014The National Highway Traffic Safety Administration has ordered General Motors Co. to turn over a mountain of details explaining how the company discovered an ignition switch flaw 10 years ago but failed to launch a recall to fix the problem in 1.6 million vehicles until last month.
Tavares: PSA Must Cut Costs, Focus on Profits
3/5/2014PSA Peugeot Citroen's new CEO Carlos Tavares says the company needs to refocus its corporate culture on profitability, the Financial Times reports.