Mexican Media Brands
PSA Faces Tough Road for 2014 Turnaround
1/6/2014PSA Peugeot Citroen hopes that a new CEO and a cash injection of €3 billion or more from the French government and China's Dongfeng Motor Group will revive the struggling carmaker this year.
Consortium Raises Bid for Fisker
1/3/2014A group led by Hong Kong billionaire Richard Li has increased its offer to buy the assets of bankrupt hybrid carmaker Fisker Automotive Inc., The Wall Street Journal reports.
Asian-Brand Sales in U.S. Rose 7% Last Year
1/3/2014America's demand for Asian nameplates rose 1% to 602,100 units in December compared with the same month last year.
Year-End Sales Fall Flat in U.S.
1/3/2014Carmakers sold 1.36 million vehicles in the American market last month only 4,300 units more than in December 2012.
America’s Car Market Expanded Nearly 8% in 2013
1/3/2014Automakers sold 15.6 million cars and light trucks in the U.S. last year compared with 14.5 million in 2012, Autodata Corp. reports.
U.S. Car Sales Stall in December
1/3/2014Sales of cars and light trucks in the U.S. totaled 1.36 million last month, up only 4,300 units from December 2012, as winter storms hampered demand.
Ex-GM Exec to Head Ford Connected-Vehicle Effort
1/3/2014Ford Motor Co. has named Don Butler to lead its newly created global vehicle connectivity unit.
Ford Debuts Solar-Roof Concept
1/2/2014Ford Motor Co. has unveiled a concept version of its $33,000 C-Max plug-in hybrid that is equipped with solar panels on the roof capable of recharging the car's lithium-ion battery.
Hyundai Names New Chief for U.S. Unit
1/2/2014David Zuchowski, who has led U.S. sales operations for Hyundai Motor Co., since October 2010, became president and CEO of the company's Hyundai Motor America unit on Jan. 1.
Wanxiang Offers to Buy Fisker
1/2/2014China's Wanxiang Group has made a last-minute bid to buy the assets of U.S.-based Fisker Automotive Inc. for at least $25 million.