Mexican Media Brands
Mazda Recruits New U.S. Marketing Boss
10/1/2012Mazda Motor Corp. has hired veteran auto advertising executive Russell Wagner as vice president of American marketing.
Car Sales Plummet in France, Italy Spain
10/1/2012Registrations of new cars last month dropped 18% year on year in France, 26% in Italy and 37% in Spain as Europe's financial crisis continues unabated, according to local government and industry groups.
Dutch Firm Finalizes NedCar Deal
10/1/2012Dutch bus maker VDL Groep has completed an agreement to buy the Netherlands Car BV (NedCar) plant from Mitsubishi Motors Corp. on Dec. 14 for a token €1.
MMC Finalizes Sale of NedCar to Dutch Firm
10/1/2012Dutch bus maker VDL Groep has completed an agreement to buy the Netherlands Car BV (NedCar) plant from Mitsubishi Motors Corp. on Dec. 14 for a token €1.
Mercedes Debuts 740-hp Electric SLS Coupe
10/1/2012Daimler AG's Mercedes-AMG unit says the electric version of its SLS AMG gullwing coupe will debut next year in Europe at a sticker price of $534,100.
PSA to Cut Output in Slovakia
10/1/2012PSA Peugeot Citroen plans to idle its assembly plant in Trnava, Slovakia, for 21 days between now and year-end because of slumping demand in western Europe.
ACEA Gives Up on EU-Led Capacity Solution
10/1/2012ACEA Chairman Sergio Marchionne tells Reuters that the trade group's automaker members have agreed to make decisions individually about shuttering plants.
Suppliers More Pessimistic about Auto Prospects
10/1/2012Parts makers were gloomier about the automotive outlook in September than they were in July, according to the Original Equipment Suppliers Assn.
Ghosn: Renault Could Disappear
10/1/2012CEO Carlos Ghosn tells French radio broadcaster RTL that Renault SA could disappear "in its current form" if its home auto market continues to deteriorate.
Report: Fuel Cell Cars Could Capture One-Third of Global Market
10/1/2012Fuel cell-powered cars could total 491 million units worldwide by 2050 if developers can cut the per-kilowatt cost of such systems by about 27%, according to an analysis commissioned by the U.K.'s Carbon Trust.