Mexican Media Brands
Chrysler Refinances $4.2 Billion in Debt
6/23/2013Chrysler Group LLC reached an agreement with its lenders late last week to refinance a $2.9 billion loan and $1.3 billion credit line at lower interest rates and less restrictive terms than its existing debt.
Chrysler Refinances €3.2 Billion in Debt
6/23/2013Chrysler Group LLC reached an agreement with its lenders late last week to refinance a $2.9 billion (€2.2 billion) loan and $1.3 billion (€990 million) credit line at lower interest rates and less restrictive terms than its existing debt.
Bosch Opens Second Proving Ground in China
6/23/2013Robert Bosch GmbH has opened the first phase of a new proving ground in Donghai, China, about 270 miles northwest of Shanghai to conduct year-around testing of vehicle electronics, including antilock braking and electronic stability control systems.
SEAT Replaces Sales Chief in Continuing Shakeup
6/23/2013Volkswagen AG's Martorell, Spain-based SEAT unit has named Andreas Offermann as executive committee member for sales and marketing, starting on Sept. 1.
ACEA Names New Top Official
6/23/2013European carmaker group ACEA has hired former Procter & Gamble executive Erik Jonnaert to become its secretary general in November.
Ford to Build New Engine Plant in China
6/21/2013Ford Motor Co. plans to erect a new engine factory in southern China with Jiangling Motors Corp., its partner in a commercial vehicle joint venture.
Chevy Marketer Docherty to Retire from GM Europe
6/21/2013Susan Docherty, former U.S. sales and marketing chief for General Motors Co., will retire as president of Chevrolet and Cadillac European operations on Sept. 1.
Marketer Docherty to Retire from GM Europe
6/21/2013Susan Docherty, former U.S. sales and marketing chief for General Motors Co., will retire as president of Chevrolet and Cadillac European operations on Sept. 1.
Toyota to Invest $200 Million in U.S. Engine Production
6/21/2013Toyota Motor Corp. plans to boost its North American output of V-6 engines by investing $150 million at its engine factory in Huntsville, Ala., and a combined $50 million at two casting plants.
PSA Offers Buyouts to French Workers
6/21/2013PSA Peugeot Citroen has proposed paying a sum equal to 18 months' pay to hourly workers in France who agree to take early retirement, Bloomberg News reports.