Mexican Media Brands
Whistleblower Reportedly Brought Down GM Marketer
8/8/2012A whistleblower on General Motors Co.'s marketing staff informed the company about irregularities in the way Chief Marketing Officer Joel Ewanick handled its new sponsorship deal with English soccer club Manchester United, Bloomberg News reports.
U.S. Consumers Voice Growing Interest in Hybrids
8/8/2012One-third of American profess an interest in buying a hybrid, and about one in four claim higher interest in hybrids than a year ago, The Harris Poll reports.
Toyota Mulls U.S. Lexus Production
8/8/2012Toyota Motor Corp. is studying whether to shift some production of its Lexus luxury vehicles to the U.S. from Japan because of the strong yen, according to the company's American sales chief Jim Lentz.
BMW to Double Engine Output in China
8/8/2012BMW AG plans to double engine production capacity in China to 400,000 units by building a second engine plant at its joint venture manufacturing complex in Shenyang.
BMW Brilliance to Double Engine Output in Shenyang
8/8/2012BMW AG plans to double engine production capacity in China to 400,000 units by building a second engine plant at its joint venture manufacturing complex in Shenyang.
Poor Sales Stall PSA Electrics
8/8/2012Mitsubishi Motors Corp. has stopped making Citroen C-Zero and Peugeot iOn electric city cars because of poor demand for the vehicles in Europe, Automotive News Europe reports.
Poor Sales Stall PSA Electrics
8/8/2012Mitsubishi Motors Corp. has stopped making Citroen C-Zero and Peugeot iOn electric city cars because of poor demand for the vehicles in Europe, Automotive News Europe reports.
Mitsubishi Suspends EV Production for PSA
8/8/2012Mitsubishi Motors Corp. has stopped making Citroen C-Zero and Peugeot iOn electric city cars because of poor demand for the vehicles in Europe, Automotive News Europe reports.
A123 Lines Up $450 Million Chinese Investor
8/8/2012A123 Systems Inc. says Wanxiang Group Corp. has agreed to invest as much as $450 million to gain an 80% stake in the struggling Waltham, Mass.-based battery maker.
Ford to Enter Chinese Commercial Truck Market
8/8/2012Jiangling Motors Corp., in which Ford Motor Co. holds a 30% stake, has agreed to acquire China's Taiyuan Changan Heavy Truck Co. for about 270 million yuan ($42 million). The deal, which will make Taiyuan a wholly owned subsidiary of JMC, marks Ford's first entry into China's heavy-duty truck business.