Mexican Media Brands
ThyssenKrupp to Sell Auto Steel Unit to Chinese Company
10/9/2012China's Wuhan Iron and Steel Co. has agreed to buy ThyssenKrupp AG's Tailored Blanks business for an undisclosed price.
PSA to Boost Brazil Investment
10/9/2012PSA Peugeot Citroen says it will spend €240 million on its 11-year-old manufacturing complex in Porto Real, Brazil, over the next three years.
GM Taps Interim Purchasing Boss
10/9/2012General Motors Co. has named veteran purchasing executive Kim Brycz as interim global procurement chief, Automotive News reports.
Dutch Firms Create Automotive Composites Group
10/9/2012Five European experts in fiber-reinforced plastics for the aerospace industry have formed a consortium to pursue automotive applications for thermoplastic versions of the materials.
Cummins to Cut 1,500 Jobs
10/9/2012Cummins Inc. has lowered its 2012 outlook for the second time and unveiled a restructuring that includes shedding as many as 1,500 employees by year-end, reducing work hours and closing several unidentified plants.
GM Names Global Brand Chief for Cadillac
10/9/2012General Motors Co. has appointed Robert Ferguson, formerly the company's vice president for global public policy, to the newly created job of vice president of global Cadillac.
Cadillac Gets Global Brand Chief
10/9/2012General Motors Co. has appointed Robert Ferguson, formerly the company's vice president for global public policy, to the newly created job of vice president of global Cadillac.
GM Ponders $88 Million Expansion for Powertrain HQ
10/9/2012General Motors Co. is contemplating a major expansion of its global powertrain engineering center in Pontiac, Mich., Automotive News reports.
Cadillac Gets a Global Brand Chief
10/9/2012General Motors Co. has appointed Robert Ferguson, formerly the company's vice president for global public policy, to the newly created position of vice president of global Cadillac.
Navistar Grants Board Seats to Activist Investors
10/9/2012Navistar International Corp. has averted a proxy fight by giving shareholders Carl Icahn and Mark Rachesky three seats on the company's board of directors.