Mexican Media Brands
Chrysler Shares Canadian EV Powertrain Grant
10/29/2013A partnership between McMaster University and Chrysler Group LLC has won an $8.9 million grant from the Canadian government to develop next-generation powertrains and components for electric vehicles.
Kia Brings K900 Sedan to U.S. in 2014
10/28/2013Kia Motors Corp. will reveal its new flagship K900 sedan at the Los Angeles auto show in November.
Michelin’s Revenue Falls 6%
10/28/2013Michelin & Cie. says its worldwide sales dropped to €5.1 billion in July-September from €5.4 billion in the same period of 2012.
Grand Tourer Joining Kia Lineup by 2017
10/28/2013Kia Motors Corp. overseas marketing chief tells Auto Express the GT concept vehicle it unveiled at the Frankfurt auto show in 2011 will go into production in about three years.
GM Vows to Push Chevrolet Brand in China
10/28/2013General Motors Co. tells Bloomberg News it will tout its Chevrolet brand in China more heavily next year to help defend the company's market position there.
Lear Raises Full-Year Outlook
10/28/2013Lear Corp. says its sales in the third quarter climbed 11% to $3.9 billion, and operating earnings advanced 15% to $207 million compared with the same period in 2012.
NHTSA Probes Jeep Liberty Door Fires
10/28/2013Federal safety officials have launched an investigation into the cause of door fires in 2012 Jeep Liberty SUVs.
Mercedes Plans to Merge Google Glass and In-Car Navigation
10/28/2013Daimler AG's Mercedes-Benz division aims to pair the new Google Glass interactive eyewear to its in-car navigation system to give drivers a voice-activated system they can take with them when they exit the vehicle.
Volvo Truck Will Cut 2,000 White-Collar Jobs as Earnings Fall
10/28/2013AB Volvo says it will eliminate about 2,000 staff and consulting jobs as part of its previously announced plan to cut costs by 5 billion kronor (€574 million).
Fiat Venture to Add Another Model in Turkey
10/28/2013Tofas, the Turkish venture between Fiat SpA and Koc Holding AS, says it plans to begin making an unspecified new car in the second half of 2015.