Mexican Media Brands
A123 Gets Bankruptcy Loan from Chinese Suitor
11/6/2012A123 Systems Inc., which makes lithium-ion batteries for hybrid and electric vehicles, has received bankruptcy court approval to accept $50 million of debtor-in-possession financing from China's Wanxiang Group Corp.
Tesla Could Add New Roadster…in Five Years
11/6/2012Tesla Motors Inc. tells Autocar it might develop a new sports coupe as a "halo" model for its expanding electric vehicle lineup.
Ex-GM Engineer on Trial for Trade Secret Theft
11/5/2012A U.S. court in Detroit has begun hearing the case against former General Motors Co. electrical engineer Shanshan Du and her husband Yu Qin, who are accused of stealing trade secrets and trying to sell them to a Chinese carmaker.
U.S. Tries Ex-GM Engineer for Industrial Espionage
11/5/2012A federal court in Detroit has begun hearing the case against former General Motors Co. electrical engineer Shanshan Du and her husband Yu Qin, who are accused of stealing trade secrets to sell to a Chinese carmaker.
Toyota Boosts Outlook As Earnings Soar
11/5/2012Toyota Motor Corp. netted 258 billion yen (€2.5 billion) in the fiscal second quarter ended Sept. 30 compared with 80 billion yen (€778 million) in the same period of 2011.
Strong Results in Japan, U.S. Spur Toyota to Hike Outlook
11/5/2012Toyota Motor Corp. netted 258 billion yen ($3.2 billion) in the fiscal second quarter ended Sept. 30 compared with 80 billion yen ($1 billion) in the same period of 2011.
Toyota Profit Zooms on Strong Sales, Weaker Yen
11/5/2012Toyota Motor Corp. netted 258 billion yen ($3.2 billion) in the fiscal second quarter ended Sept. 30 compared with 80 billion yen ($1 billion) in the same period of 2011.
GM Gets $11 Billion Credit Line
11/5/2012General Motors Co. has secured two revolving credit facilities totaling $11 billion from a syndicate of 35 lenders led by Citibank and JPMorgan Chase Bank.
British-French Venture to Relaunch Alpine Brand
11/5/2012Renault SA and the U.K.'s Caterham Group are forming a 50:50 joint venture to revive Renault's sporty Alpine brand.
Fuel Efficiency of New Cars Hits Record High in U.S.
11/5/2012The average fuel economy for new vehicles sold in the U.S. reached a record 24.1 miles per gallon in October, according to the University of Michigan's monthly Eco-Driving Index.