Mexican Media Brands
Toyota Doubts It Will Regain Peak U.S. Market Share
6/13/2013Toyota Motor Corp. is unlikely to recapture the record 17% share of the American auto market it reached in 2009, according to Jim Lentz, CEO of the company's North American unit.
Ford Begins EV Production in Europe
6/13/2013Ford Motor Co. has begun making the electric version of its Focus small car in Saarlouis, Germany.
Daimler Upbeat About Second-Quarter Results
6/13/2013CEO Dieter Zetsche says Daimler AG's earnings have improved in the current quarter because of the success of new models and faster-than-expected cost reductions at its Mercedes-Benz Cars unit.
GM to Reduce Output in Russia
6/13/2013General Motors Co. says it will suspend production at its assembly plant in St.
New Chairman Urges Toyota to Develop Supra-Like Sport Coupe
6/13/2013What Toyota Motor Corp. needs is an upscale sports car akin to the Supra coupe it produced in the 1980s and 1990s, says Takeshi Uchiyamada, who takes over as Toyota's chairman this week.
Schaeffler to Cut Nearly 600 Jobs in Germany
6/13/2013Precision bearings maker Schaeffler AG will shed 575 jobs at its parts factory in Schweinfurt, Germany, over the next two to three years as it shifts production of wheel bearings from the facility to eastern Europe.
Apollo Tyres to Acquire America’s Cooper Tire
6/13/2013Apollo Tyres Ltd has agreed to acquire Findlay, Ohio-based Cooper Tire & Rubber for $2.5 billion to gain entry to the thriving American auto market.
Apple Unveils OS for Cars
6/12/2013Apple Inc. has introduced iOS in the Car, an operating platform designed to link an in-vehicle display with call, map, messaging and other iPhone-like applications.
Eaton Denies It Plans to Sell Auto Parts Unit
6/12/2013Eaton Corp. says it is not in discussions about divesting its car parts operation nor has it previously held such talks contrary to a Bloomberg News report earlier this week.
Dongfeng, Renault Clear Hurdle for Wuhan Plant
6/12/2013China's Ministry of the Environment has approved a request from Renault SA and Dongfeng Motor Group Co. to build a joint venture assembly plant in Wuhan.