Mexican Media Brands
Porsche Shuffles Senior Managers
5/14/2013Volkswagen AG's Porsche unit has appointed Deesch Papke, head of its International and Growth Markets unit, to become CEO of the brand's sales operations in China on July 1.
Automakers’ Supplier Relations Stall
5/14/2013Carmakers are making little progress in improving their relations with their main suppliers, according to the 2013 North American Supplier Working Relations Index.
Porsche Canada Chief to Become COO of N. America Unit
5/14/2013Volkswagen AG's Porsche unit has appointed Joe Lawrence, managing director of its Canadian unit, to become COO of Porsche Cars North America on Sept. 1.
U.S. to Investigate Chrysler Engine Stall Complaints
5/14/2013The National Highway Traffic Safety Administration has begun a preliminary probe into 54 complaints about Chrysler cars that stall after being refueled.
Schaeffler to End Investment Pact with Continental
5/14/2013Precision bearings maker Schaeffler AG, which owns 49.9% of Hanover, Germany-based Continental AG, says it will terminate their investment agreement in May 2014.
BMW Pondering M8 Supercar for 2016?
5/14/2013BMW AG is developing an M8 supercar, its first since the last M1 was sold in 1981, to introduce three years from now, according to Car and Driver, which cites no sources.
GM Opens First IT Command Center
5/13/2013General Motors Co. says its new $130 million data center in Warren, Mich., will be the centerpiece of a global IT system to handle all aspects of the company's business.
Denso Unveils Smaller Laser Radar Unit
5/13/2013Denso Corp. says its new laser radar system is simpler, smaller and more easily adaptable across vehicle models.
U.S. Has Sold $1.6 Billion in GM Stock This Year
5/13/2013The U.S. Dept. of the Treasury says it sold 58.4 million shares in General Motors Co. for $1.6 billion from January through mid-April.
Magna Hikes 2013 Outlook After Profit Increase
5/13/2013Canada's Magna International Inc. boosted net earnings to US$369 million in the January-April period this year from $343 million a year earlier.