Mexican Media Brands
Porsche Presses for Speedy Completion of VW Merger
6/26/2012Porsche Automobil Holding SE reiterates that it wants to sell its remaining 50.1% stake in sports car maker Porsche AG to Volkswagen AG as soon as possible.
Ghosn Earns $12.3 Million as Nissan CEO
6/26/2012Nissan Motor Co. says it paid CEO Carlos Ghosn 987 million yen (€9.9 million) in salary and bonus for the fiscal year ended March 31, up less than 1% from the previous year.
Japan’s U-Shin May Buy Valeo’s Auto Latch Unit
6/26/2012France's Valeo SA has announced it is in talks to sell its access mechanism unit, which makes auto locks, latches and door handles, to Japanese supplier U-Shin Ltd.
Japan’s U-Shin May Buy Valeo’s Auto Latch Unit
6/26/2012France's Valeo SA has announced it is in talks to sell its access mechanism unit, which makes auto locks, latches and door handles, to Japanese supplier U-Shin Ltd.
New Lexus Hybrid to Focus on Fuel Economy, Not Performance
6/26/2012Until now, Toyota Motor Corp.'s Lexus unit has used hybrid systems mainly to enhance performance.
ZAP Jonway Names New COO
6/26/2012Electric vehicle maker ZAP Jonway USA has hired Charles Schillings, a veteran of telecommunications and semiconductor companies, as chief operating officer to oversee its U.S. and international operations.
Federal-Mogul Touts Copper-Free Friction Material
6/25/2012California will require carmakers to essentially end the use of copper in brake pads by 2025.
Honda’s Finance Arm Leads in U.S. Leasing Market
6/25/2012Honda Motor Co.'s U.S. lending unit, American Honda Finance Corp., accounted for 16.5% of all new-vehicle leases in the country in the first quarter of this year, Automotive News reports, citing data from Experian Automotive.