Mexican Media Brands
Cooper Tire, Chengshan Group Agree to Settle JV Dispute
2/3/2014Cooper Tire & Rubber Co. and China's Chengshan Group Co. Ltd. have reached agreement to end their troubled tiremaking joint venture in Shandong Province, according to the Financial Times.
Opel Extends Job Guarantees
2/3/2014General Motors Co.'s Opel unit has agreed to extend a guarantee not to eliminate jobs at three plants in Germany through the end of 2018.
Tenneco Posts Strong Fourth Quarter
2/1/2014Tenneco Inc.'s fourth-quarter revenue jumped 16% to $2 billion, and net income grew to $54 million from $33 million in the year-earlier period.
Lear’s Operating Income Improves
2/1/2014Lear Corp.'s net income for the fourth quarter of 2013 plunged to $73 million from $882 million in the same period of 2012, when the company booked $767 million in tax benefits.
Daimler Ponders Projects with Tesla, Renault-Nissan, Aston Martin
1/31/2014Daimler AG says it would welcome an expanded relationship with the Renault-Nissan alliance and to launching new electric-car projects with California-based Tesla Motors Inc.
Diamond Electric Execs to Plead Guilty in Supplier Price-Fixing Probe
1/31/2014Two former top executive at Japan's Diamond Electric Mfg. Co. have agreed to plead guilty of conspiring to fix prices on ignition coils, according to the U.S. Dept. of Justice.
Honda Quarterly Profit Doubles
1/31/2014Honda Motor Co. reported fiscal third quarter profit of 161 billion yen ($1.6 million) for the October-December period, up from 77 billion yen a year earlier.
Mexico to Become Biggest Exporter to U.S. by 2015
1/31/2014Last year Mexico ranked third behind Canada and Japan in the volume of vehicles shipped to the U.S.
MMC to Name New President
1/31/2014Mitsubishi Motors Corp. plans to replace President Osamu Masuko with Managing Director Tetsuro Aikawa on April 1, according to media reports in Japan.
Japanese Carmakers Set Production Record
1/31/2014Japan's Big Eight carmakers produced 25.3 million vehicles worldwide last year, their second annual record high volume, The Nikkei reports.