Mexican Media Brands
Nissan Settles Deceptive Advertising Claim
1/23/2014Nissan Motor Co. and ad agency TBWA Worldwide Inc. have settled a federal complaint that they misled viewers in 2011 with a television ad that showed a Nissan Frontier pickup truck zooming up a steep hill to push a stranded dune buggy to the top.
AvtoVAZ to Cut 7,500 Jobs
1/23/2014Lada-maker OAO AvtoVAZ says it will eliminate 7,500 jobs to offset the impact on sales of Russia's slumping economy.
Barra’s Strategy for GM: Stay the Course
1/23/2014Mary Barra says her mission as General Motors Co.'s new CEO will be to pick up where retiring CEO Dan Akerson left off. "There is no right or left turn that we're going to be making," she tells reporters.
Hyundai’s Fourth-Quarter Profit Jumps 17%
1/23/2014Hyundai Motor Co. earned a net profit of 2.1 trillion won ($1.9 billion) in the final quarter of 2013 compared with 1.8 trillion won a year earlier.
Toyota Remains World’s Top-Selling Carmaker
1/23/2014Toyota Motor Corp. and its Daihatsu minicar and Hino commercial truck affiliates sold 9.98 million vehicles last year, up 2% from 2012.
Toyota Retains Global Sales Crown for 2013
1/23/2014Toyota Motor Corp. sold 9.98 million vehicles last year, up 2% from 2012, to mark its second consecutive year as the world's top seller of cars and trucks.
Fees Push Price of Tesla EV to $121,400 in China
1/23/2014Tesla Motors Inc. says its popular Model S electric sedan with maximum-range battery will retail in China for $121,400 (734,000 yuan), including $40,300 (243,900 yuan) to cover shipping, import duties and local taxes.
NHTSA Proposes Side Impact Test for Child Seats
1/23/2014The U.S. National Highway Traffic Safety Administration has proposed the first-ever side impact test for car seats designed for children that weigh as much as 40 pounds.
U.K. Car Production at 6-Year High
1/23/2014Auto factories in the U.K. built 1.51 million vehicles in 2013, up 3% from the previous year to its highest level since 2007, the Society of Motor Manufacturers and Traders reports.
Investors Sue Cooper Tire Over Failed Sale to Apollo
1/23/2014Cooper Tire & Rubber Co. has been sued in Delaware by investors who complain they lost money when the company's share price dropped during a failed sale to India's Apollo Tyres Ltd.