Mexican Media Brands
EPA Developed Technology in Noncompliant Navistar Diesels
6/22/2012The Navistar International Inc. diesel engines being penalized for violating U.S.
GM, PSA to Detail Platform-Sharing Plan by Year-End
6/22/2012General Motors Co. and PSA Peugeot Citroen expect to decide by the end of this year how they will share vehicle architectures, Karl-Friedrich Stracke, CEO of GM's Opel unit, tells the Automotive News Europe Congress.
Nissan Trims Capacity in Japan
6/22/2012Nissan Motor Co. joined Toyota Motor Corp. this week in announcing capacity cuts in Japan because the country's strong yen hurts profits on exported vehicles.
GM, PSA to Unveil Platform-Sharing Plans by Year-End
6/22/2012General Motors Co. and PSA Peugeot Citroen expect to hammer out a plan by year-end to share vehicle architectures, Karl-Friedrich Stracke, CEO of GM's Opel unit, tells the Automotive News Europe Congress.
Opel Rethinks Pricing Strategy
6/22/2012General Motors Co.'s Adam Opel unit, which has been trying to move its namesake brand upmarket, has reversed course and plans to lower its prices instead.
BMW M5, M6 Models to Go Shiftless
6/21/2012BMW AG says it will drop the six-speed manual transmission option for U.S. versions of its M5 and M6 high-performance cars when the current models are redesigned a few years from now.
Renault Aims to Cut Fixed Costs
6/21/2012Renault SA seeks to reduce structural costs so that the company can break even with global sales of 2.4 million vehicles compared with 2.6 million units now.
Porsche Repeats: No Plan for Lower-Cost Sports Car
6/21/2012Porsche AG confirms it will not develop a lower-cost roadster because anything cheaper than its $49,500 Boxster sports car "doesn't fit our brand." Bernhard Maier, who heads Porsche sales and marketing, tells this week's Automotive News Europe Congress the brand is determined to maintain an image exclusivity even as it boosts sales volume.
Former Federal-Mogul CEO Russell Has Died
6/21/2012Thomas Russell, who headed Federal-Mogul Corp. for most of the 1970s and 1980s, died of pancreatic cancer on Wednesday in Detroit at age 88.
BMW Rebuts Report It Will Source Vehicles from NedCar
6/21/2012BMW dismisses a Dutch news report that the company is close to a deal for unspecified models to be assembled at a Mitsubishi Motors Corp. factory in the Netherlands, according to Automotive News Europe.