Mexican Media Brands
Are Opel, PSA Considering a Merger?
10/12/2012General Motors Co.'s Opel unit and PSA Peugeot Citroen are in talks about combining their auto operations in a joint venture, thus expanding the alliance they created in February, according to news reports that cite unidentified sources.
Nissan Debuts A Cure for “Pedal Misapplication”
10/12/2012Nissan Motor Co. has developed a system to prevent unintended acceleration when a driver presses the accelerator rather than the brake pedal during slow-speed parking maneuvers.
U.S. Probes Honda Pilots that Brake Without Warning
10/12/2012The U.S. has opened an investigation into 185 complaints that 2005 model Honda Pilot crossover vehicles may go into an emergency braking mode without warning.
Faurecia Opens Michigan Service Center
10/12/2012Faurecia SA has opened a 50,000-sq-ft customer service center in Southfield, Mich., to support its interiors business with Ford Motor Co.
Top Ferrari Official to Add Bank Vice Chair Duties
10/12/2012Italy's largest bank, Unicredit SpA, says Luca Cordero di Montezemolo, chairman of Fiat SpA's Ferrari unit, it set to become one of the bank's three vice chairmen.
Detroit Three Coping Better with High Gasoline Prices
10/12/2012Chrysler, Ford and General Motors are gaining market share in an period of high and volatile gasoline prices a major reversal of their past performance, according to a report from the Federal Reserve Bank of Chicago.
VW May Delay Bentley, Lambo Crossovers
10/12/2012Volkswagen AG may suspend development of ultra-luxury crossovers for its Bentley and Lamborghini brands until the global auto market improves, according to Reuters, which cites unnamed company sources.
California Gives Tesla $10 Million
10/12/2012The California Energy Commission has awarded a $10 million grant to Tesla Motors Inc. to pay for tooling at its Fremont, Calif., plant to produce the Model X electric crossover vehicle.
Abu Dhabi Sells Remainder of Its Daimler Stock
10/12/2012Abu Dhabi's sovereign wealth fund, Aabar Investments, has sold its remaining 3.1% stake in Daimler AG for an estimated €1.3 billion, the carmaker reports.
Tesla Gets $10 Million Grant from California
10/12/2012The California Energy Commission has awarded a $10 million grant to electric vehicle maker Tesla Motors Inc. to pay for tooling at its Fremont, Calif., plant to make the upcoming Model X crossover vehicle.