Mexican Media Brands
PSA's Gefco Unit Attracts Bidders
5/23/2012At least six potential buyers have emerged for PSA Peugeot Citroen's Gefco logistics unit, Bloomberg News reports.
Brazil Launches Auto Stimulus Program
5/23/2012The Brazilian government has announced an initiative to boost the country's sagging auto industry by cutting vehicle taxes and loosening bank rules to encourage more car loans.
Japanese Researchers Develop Solid-State Sodium Battery
5/23/2012Researchers in inorganic chemistry at Japan's Osaka Prefecture University say they have developed a battery with a sodium electrode and all-solid components that functions at room temperature.
Tesla Prepares to Deliver First Model S Electrics
5/23/2012Tesla Motors Inc. says it will turn over the first Model S electric sedans to a small group of customers on June 22 during a special ceremony at its assembly plant in Fremont, Calif.
Nissan to Name Global Infiniti Chief
5/23/2012Nissan Motor Co. is close to appointing an executive to head the worldwide operations of its Infiniti luxury brand, says CEO Carlos Ghosn.
Fuel Economy Tops Priorities of U.S. Car Owners
5/22/2012Nearly four in 10 American motorists say fuel economy will be their main consideration when buying their next vehicle, according to Consumer Reports.
Nissan Poised to Name Global Infiniti Chief
5/22/2012Nissan Motor Co. is close to appointing an executive to head the worldwide operations of its Infiniti luxury brand, says CEO Carlos Ghosn.
Eaton Shrinks Reliance on Auto Parts
5/22/2012Eaton Corp.'s proposed $11.8 billion acquisition of global electrical products maker Cooper Industries plc is taking the company further from its roots as a maker of truck axles.
BMW Confirms Inline 6 for Next M3
5/22/2012The next-generation BMW M3 coupe and sedan will be powered by an inline six-cylinder engine, according to Web site f30post.com, which cites Ludwig Willisch, president of BMW North America Inc.
Ford Reclaims Rights to Blue Oval
5/22/2012Ford Motor Co. has reclaimed assets pledged in 2006 to borrow $23.5 billion including its headquarters building and blue oval trademark.