Mexican Media Brands
GM Names DeLuca to Head Global Manufacturing
1/24/2014General Motors Co. has chosen Jim DeLuca to become its executive vice president in charge of global manufacturing on Feb. 1.
GM May Cut 1,100 Jobs in Korea
1/24/2014General Motors Co.'s decision to stop marketing its Chevrolet brand in Europe next year may eliminate one shift and 1,100 jobs at its assembly plant in Gunsan, South Korea, according to Reuters, which cites an unidentified source.
Audi Vows to Gain on BMW
1/24/2014Volkswagen AG's Audi unit tells Bloomberg News that a wave of new products will overcome "very strong" competition and help it overtake BMW AG as the world's best-selling luxury brand by 2020.
Yokohama Rubber Expands in China
1/24/2014Yokohama Rubber Co. Ltd. plans to open another Chinese passenger-tire plant in April with annual capacity expected to reach 6 million units by the end of 2017.
JCI Quarterly Profit Rises 31%
1/24/2014Johnson Controls Inc. hiked earnings in its first fiscal quarter ended Dec. 31 to $469 million from $359 million in the same period a year earlier as revenue from automotive operations jumped 10% to $5.8 billion.
Managed Approach Could Trim EV Charging Costs by Half
1/24/2014The cost of charging a plug-in electric vehicle could be cut 50% by varying the rate of the charging process, according to researchers at Carnegie Mellon University in Pittsburgh, Pa.
Renault, Nissan to Merge Manufacturing Operations
1/24/2014Renault SA and partner Nissan Motor Co. expect to slash annual costs €2.8 billion (400 billion yen) by jointly managing product development and fully sharing manufacturing facilities worldwide, The Nikkei reports.
Geely Enters Brazilian Auto Market
1/24/2014Geely Automobile Holdings Ltd. has introduced its first model in Brazil, the flagship Emgrand EC7 sedan.
Kia’s Fourth-Quarter Profits Climb 29%
1/24/2014Kia Motor Corp.'s net income for September-December jumped to 949 billion won ($882 million) from 737 billion won in 2012.
Spain’s Auto Output Climbs 9%
1/23/2014Spain made 2.16 million vehicles in 2013, up 9% from the previous year, trade group ANFAC reports.