Mexican Media Brands
Toyota Urges Suppliers to Expand in North America
5/21/2012Some of Toyota Motor Corp.'s suppliers are reluctant to invest in expanding capacity and staffing in North America after a series of crises that slashed the carmaker's output in the region, Automotive News reports.
Fiat Ponders Brand Approach to India
5/21/2012Fiat SpA tells The Wall Street Journal it will decide by early next year which of its brands to promote in India as it tries to catch such competitors as Suzuki, Toyota and Volkswagen.
Europe’s EV Motor Market to Grow 50% Annually
5/21/2012Demand among European carmakers for traction motors for hybrids and electric vehicles will surge from $70 million in 2010 to $1.6 billion by 2017, predicts Frost & Sullivan.
Lear Touts LED Control Systems
5/21/2012Lear Corp., best known for seating systems, is expanding into electronic controls for interior and exterior LED lighting systems.
Haldex Hires Former Volvo Cars Exec as CEO
5/21/2012Sweden's Haldex AB has named Bo Annvik, a former Volvo Cars executive, to become its president and CEO on July 1.
Most Japanese Auto Suppliers Expect Rising Profits
5/21/2012Twenty-seven of Japan's 34 major auto parts makers anticipate stronger earnings in the fiscal year that began on April 1 because of higher vehicle production, accord to The Nikkei.
Opel to Submit Restructuring Plan in Late June
5/21/2012Managers at Adam Opel unit will submit a turnaround plan to the company's supervisory board on June 28, CEO Karl-Friedrich Stracke told workers at Opel's assembly plant in Bochum, Germany, on Monday.
Opel to Submit Restructuring Plan in Late June
5/21/2012Managers at Adam Opel unit will submit a turnaround plan to the company's supervisory board on June 28, CEO Karl-Friedrich Stracke told workers at Opel's assembly plant in Bochum, Germany, on Monday.
Auto Affordability Deteriorates Slightly
5/21/2012It took 23.2 weeks of median family income to purchase and finance a new car in the first quarter of 2012, up from a two-year low of 23.1 weeks in the fourth quarter of last year, according to Comerica Bank's Auto Affordability Index.
Chrysler Recalls Jeep Wrangler for Fire Hazard
5/21/2012Chrysler Group LLC is recalling 67,900 of its 2010 model Jeep Wrangler SUVs to replace a skid plate that could collect debris and cause a fire.