Mexican Media Brands
Ford Cautious About Indigenous Brand for China
6/5/2012Ford Motor Co. said in April it is considering creating a new brand for the Chinese market.
GM Ties Salaried Employee Bonus to Customer Loyalty
6/5/2012General Motors Co. will link a portion of this year's annual bonus for salaried employees in North America to the company's success in achieving an internal customer retention goal, Automotive News reports.
Car Sales Slide 5% in Germany
6/5/2012Sales of new cars fell to 290,000 units in Germany last month compared with 303,900 in May 2011, according to federal transport authority KBA.
France’s Auto Sales Drop 17%
6/5/2012Carmakers sold 197,700 light vehicles in France in May compared with 238,900 units a year earlier, says auto trade group CCFA.
Germany Demands That GM Explain Opel Plans
6/5/2012The German government is pressuring General Motors Co. to detail its restructuring plans for its Adam Opel unit, Der Spiegel reports.
Toyota to Test Vehicle-to-Home Power System
6/5/2012Toyota Motor Corp. says it will begin tests late this year of a two-way recharging system that enables a plug-in hybrid or electric vehicle to pump power back into a household circuit.
Chrysler Won’t Offer Pension Buyouts to Salaried Staff
6/4/2012CEO Sergio Marchionne says Chrysler Group has "no need" to offer lump-sum pension buyouts to its U.S. salaried retirees as its domestic rivals are doing.
Japan’s Eco-Car Subsidies Could Run Out in July
6/4/2012The Japanese government's 248 billion ($3.2 billion) incentive program for the purchase of fuel-efficient vehicles is likely to use up the last of its funding next month, The Nikkei reports.
ZAP Recalls Chinese-Made Three-Wheel EV
6/4/2012ZAP Jonway, the Santa Rosa, Calif.-based marketer of electric vehicles, is recalling Chinese-built ZAP Xebra electric sedans that fail to meet federal braking standards.
Hino, Isuzu to Test Adaptive Cruise Control for Big Trucks
6/4/2012Hino Motors, Isuzu Motors and the Japan Automobile Research Institute plan to begin tests in February of a self-driving system that will enable a heavy truck to automatically follow 12 feet behind another at 50 mph, The Nikkei reports.