Mexican Media Brands
Fisker Seeks Buyer, Investor or Partner
12/10/2012Fisker Automotive Inc. says it hired investment bank Evercore Partners Inc. in the first half of this year to help it find a buyer or an automaker partner to inject capital and help lower production costs.
Marchionne Re-elected to Lead ACEA
12/9/2012European automaker group ACEA has elected Fiat-Chrysler CEO Sergio Marchionne to a second term as the group's president after a contentious 12 months.
Marchionne to Head ACEA for Second Year
12/9/2012European automakers group ACEA has elected Fiat-Chrysler CEO Sergio Marchionne to a second term as the group's president after a contentious 12 months.
BMW Names New Sales Chief in China
12/9/2012BMW AG has appointed Karsten Engel, senior vice president of BMW Group Germany, to become head the company's Beijing-based sales operations in China on March 1.
Chinese Bidder Wins Auction for A123 Assets
12/9/2012China's Wanxiang Group has agreed to pay $257 million to buy most of the assets of bankruptcy Waltham, Mass.-based A123 Systems Inc.
Wanxiang Group Wins Auction for Battery Maker A123
12/9/2012Wanxiang Group has agreed to pay $257 million for most of the assets of bankrupt lithium-ion battery maker A123 Systems Inc.
Fiat to Lay Off 1,500 Employees in Poland
12/9/2012Fiat SpA says it will shed about one-quarter of the 5,800 jobs at its assembly plant in Tychy, Poland.
U.S. Jobless Rate Falls to Four-Year Low
12/9/2012America's unemployment rate dropped to 7.7% in November the best reading since December 2008 from 7.9% in October, the Dept. of Labor reports.