Mexican Media Brands
Nissan Compensation Unchanged for CEO Ghosn
6/25/2013Nissan Motor Co. paid CEO Carlos Ghosn 988 million yen (€7.7 million) in salary and bonus for the fiscal year ended March 31, virtually the same amount as in each of the previous two years.
SAE Panel Says It’s Official: New Refrigerant Is Safe
6/25/2013An SAE International-backed review of refrigerant R-1234yf has formally concluded that the risk of the material catching fire in a car crash is nearly six orders of magnitude less than the risk of vehicle fires from all causes.
GM May Name New Global Chevy Chief
6/25/2013General Motors Co. will promote Alan Batey, vice president of U.S. sales and service, to the newly created job of worldwide head of the Chevrolet brand later this week, according to news reports.
Ford, UAW Launch Pilot Healthcare Program
6/25/2013Ford Motor Co., the United Auto Workers and the union's retiree healthcare trust will begin a two-year trial healthcare project on July 1 for active hourly workers and retirees in Michigan.
Toyota Plans Small Turbocharged 4 for Lexus
6/25/2013Toyota Motor Corp.'s Lexus unit will offer a 2.0-liter turbocharged 4-cylinder engine in a new crossover vehicle due in about 2015, Automotive News reports.
Fiat-Chrysler Opens Mopar Parts Center in South Africa
6/25/2013Chrysler Group LLC's Mopar parts division has opened a parts distribution center in Pretoria, South Africa.
Auto Task Force Lawyer Joins Foreign Carmaker Lobby
6/24/2013Mark Dowd, a lawyer who was part of Obama administration's task force that steered Chrysler and General Motors through bankruptcy in 2009, has joined the Assn. of Global Automakers as assistant general counsel.
Nissan Beefs Up Safety Training After U.S. Worker Deaths
6/24/2013Nissan Motor Co. is tightening safety procedures at its assembly plant in Smyrna, Tenn., after three people died in workplace accidents there over the past 18 months, Automotive News reports.
Mahindra Finance Won’t Seek Banking License
6/24/2013Mahindra & Mahindra Ltd. Financial Services Ltd., the SUV maker's lending arm, has decided not to apply for a banking license from the Reserve Bank of India.
Cadillac Debuts Twin-Turbo V-6
6/24/2013General Motors Co.'s Cadillac unit will introduce a twin-turbocharged version of its 3.6-liter V-6 engine in August as an option in its 2014 XTS large sedan and CTS sport sedan.