Mexican Media Brands
Merged Fiat-Chrysler Expected to Get NYSE Listing
1/23/2014CEO Sergio Marchionne will recommend to the Fiat SpA board on Jan. 29 that the company created by this week's merger with Chrysler Group LLC make the New York Stock Exchange its primary listing, according to Bloomberg News.
EU to Sanction Germany on Banned Refrigerant
1/22/2014The European Union is preparing to begin proceedings against Germany for allowing Daimler AG to continue using a banned air-conditioning refrigerant, according to Handelsblatt.
Energy Dept. Ready to Revive Loans for High-Tech Vehicles?
1/22/2014The U.S. is inching closer to relaunching a controversial loan program to encourage the development and production of advanced-technology vehicles, according to Energy Secretary Ernest Moniz.
VW Likely to Move Crafter Van Production to Poland
1/22/2014Volkswagen AG is expected relocate production of its Crafter van to Poznan, Poland, in mid-2016 when its current production agreement in Germany with Daimler AG expires, the Frankfurter Allgemeine Zeitung reports.
VW’s Labor Chief: Company’s U.S. Business Is a “Disaster”
1/22/2014Bernd Osterloh, chairman of Volkswagen AG's global works council, tells reporters in Germany that the company's skimpy product lineup and lack of marketing prowess in the American market is a "disaster."
Ford Launches Two Automated-Driving Projects
1/22/2014Ford Motor Co., which last month unveiled a self-driving Fusion hybrid test vehicle, aims to extend the capabilities of the car through two research efforts with the Massachusetts Institute of Technology and Stanford University.
UPDATE: Mitsubishi Motors Sets Price for New Shares
1/22/2014Mitsubishi Motors Corp. set a price 1,120 yen ($10.72) for new shares it will issue to buy preferred shares from Mitsubishi Group affiliates and resume dividend payments.
TI Automotive Ponders New Bid
1/22/2014TI Automotive Ltd. has postponed a vote on a planned $2 billion sales to Bain Capital Partners so it can review a new offer from London-based Pamplona Capital Management, according to Bloomberg News.
Bosch Predicts “Slight” Sales Gain This Year
1/22/2014Robert Bosch GmbH reports its sales in 2013 rose 3% to €46.4 billion, and its profit margin before interest and taxes grew to 6% from 5% in 2012.
Union: PSA May Cut More Jobs in France
1/22/2014PSA Peugeot Citroen, which last year announced it will eliminate 11,200 jobs in Europe by 2015, is pondering a plan to trim another 1,500 positions in France, according to an official of the CGT union.