Mexican Media Brands
Mitsubishi Phasing Out Commercial-Vehicle Production
5/29/2013Mitsubishi Motors Corp. intends to stop developing new commercial vehicles and phase out truck and van production over the next few years, according to The Nikkei, with cites no sources.
Bill Bruce, Infiniti’s First General Manager, Dies
5/29/2013Bill Bruce, who guided Nissan Motor Co.'s fledgling Infiniti luxury brand through its first five years, died on Tuesday after a long battle with Lou Gehrig's Disease, Automotive News reports.
Dodge Journey Production to Shift to U.S. from Mexico
5/29/2013Chrysler Group LLC will build the next-generation Dodge Journey compact crossover at its assembly plant in Sterling Heights, Mich., according to AutomotiveCompass LLC.
Federal-Mogul Recruits New Co-CEO
5/29/2013Federal-Mogul Corp. has hired Kevin Freeland, COO of Advance Auto Parts Inc., to become the supplier's co-CEO and head of its aftermarket components unit on June 17.
Fiat Seeks €7.8 Billion to Finance Chrysler Merger
5/29/2013Fiat SpA's talks with bankers, which it confirmed in March, are now centering on $10 billion (€7.8 billion) in financing to complete the company's merger with Chrysler Group LLC, Bloomberg News reports.
Fiat Seeks $10 Billion to Finance Chrysler Merger
5/29/2013Fiat SpA's talks with bankers, which it confirmed in March, are now centering on $10 billion in financing to complete the company's merger with Chrysler Group LLC, Bloomberg News reports.
PSA Denies Report It Plans Stock Sale
5/29/2013PSA Peugeot Citroen refutes a report in French newspaper La Tribune that it is considering the sale of new shares to raise cash for product development and other capital spending.
India Becomes Export Base for Daimler Trucks
5/29/2013Daimler AG will begin shipping commercial trucks to Sri Lanka next month from its €700 million ($900 million) Oragadam assembly plant outside Chennai, India.
Daimler Sets Up Truck Export Hub in India
5/29/2013Daimler AG will begin shipping commercial trucks to Sri Lanka next month from its €700 million Oragadam assembly plant outside Chennai, India.
Commercial Vehicle Sales in Europe Rise 4%
5/29/2013Registrations of commercials vans, trucks and buses across Europe climbed to 150,500 units last month from 144,400 units in April 2012, according to regional carmaker group ACEA.