Mexican Media Brands
Former Avon CEO to Join Daimler Board
2/27/2013Daimler AG has nominated Andrea Jung, the former CEO of New York City-based cosmetics marketer Avon Products Inc., to its supervisory board.
VW Trims Employee Bonuses 4% in Germany
2/27/2013Volkswagen AG will pay a €7,200 bonus to each of its 100,000 unionized workers in western Germany for last year compared with €7,500 for 2011.
Hyundai Settles Fuel Economy Lawsuits
2/27/2013Hyundai Motor Co. has agreed to settle 38 consolidated federal lawsuits filed by U.S. consumers who claim the company misled them about the fuel efficiency of its vehicles.
Nissan Promises 14% More Range for Leaf EV in Europe
2/27/2013Nissan Motor Co. says the revised European edition of its Leaf electric sedan has a certified range of 199 km (124 miles) on the new European driving cycle, up from 175 km (109 miles) for this year's edition.
Honda to Open Its First Japanese Assembly Plant since 1964
2/27/2013Honda Motor Co. new factory in Yorii, Japan, will be the company's first domestic assembly plant in 49 years, Bloomberg News notes.
Honda to Open Its First Japanese Assembly Plant since 1964
2/27/2013Honda Motor Co.'s new factory in Yorii, Japan, will be the company's first domestic assembly plant in 49 years, Bloomberg News notes.
Dutch Test Shows How Connected Cars Can Ease Traffic Flow
2/27/2013A project in Eindhoven, The Netherlands, shows that road officials can identify and resolve traffic problems faster when vehicles share their on-road experiences with a central traffic authority.
Treasury Watchdog Urges Lower GM Pay
2/27/2013The special inspector general overseeing the U.S. financial bailout program tells Congress that the Dept. of the Treasury should reinstate its original policy of capping cash salaries at $500,000 for most executives of rescued companies.
EU Drops Probe of German Aid to Volkswagen
2/26/2013The European Commission has ended its investigation of whether the Germany's plan to give Volkswagen AG €84 million in subsidies violated EU anti-competition rules.
Tesla Vows to Repay DOE Loan Five Years Early
2/26/2013Electric car maker Tesla Motors Inc. plans to bay back its $465 million loan from the U.S.