Mexican Media Brands
Winterkorn: Europe Could Close 10 Auto Plants
9/11/2013Volkswagen CEO Martin Winterkorn says the European auto industry's current overcapacity equals the annual output of about 10 assembly plants.
UAW Says VW Workers in Chattanooga Favor Union
9/11/2013A majority of hourly workers at Volkswagen AG's assembly plant in Chattanooga, Tenn., have signed cards indicating they want to be represented by the United Auto Workers union, the Associates Press reports.
Daimler, Renault Add Commercial Vans to Partnership
9/11/2013Daimler AG and Renault SA have expanded their three-year-old alliance again, this time to include commercial vans supplied from Japan by Renault partner Nissan Motor Corp.
Daimler, Renault Extend Partnership to Commercial Vans
9/11/2013Daimler AG and Renault SA confirm they have expanded their three-year-old alliance again, this time to include commercial vans made in Japan by Renault partner Nissan Motor Corp.
Canada, Ontario Sell More GM Shares
9/11/2013The governments of Canada and the province of Ontario have sold 30 million of the shares they hold in General Motors Co.
Daihatsu Launches Huge Minicar Recall
9/11/2013Toyota Motors Corp.'s Daihatsu Motor affiliate is recalling a record 891,500 minivehicles in Japan to fix a flaw that could prevent the engine from starting.
Contraction Ahead for India’s Car Market
9/11/2013India's passenger vehicle market will shrink for the first time since 2002 in the current fiscal year that began on April 1, the Society of Indian Automobile Manufacturers predicts.
Ferrari Plans Big Jump in Product Development Spending
9/11/2013Ferrari SpA Chairman Luca di Montezemolo tells the Financial Times the supercar maker will boost spending on powertrains and vehicle development to €2 billion between now and 2017 from €1.4 billion in the previous five years.
India’s Car Market to Shrink This Year
9/11/2013India's passenger vehicle market will contract for the first time since 2002 in the current fiscal year that began on April 1, the Society of Indian Automobile Manufacturers predicts.
PSA to Ask French Unions for More Job Cuts
9/11/2013PSA Peugeot Citroen CEO Philippe Varin says the company will propose another round jobs reductions in France to help align capacity with sales.