Mexican Media Brands
Nissan More Than Doubles Earnings
5/11/2012Nissan Motor Co. posted net income of 75.3 billion yen ($945 million) in the fiscal fourth quarter ended March 31 compared with 30.8 billion yen ($386 million) in the same period of 2011.
GM, PSA Alliance Begins to Choose Projects
5/11/2012General Motors Co.'s Opel unit will build the next-generation Citroen C5 midsize car for alliance partner PSA Peugeot Citroen, according to French press reports.
Citroen Sets Up Separate Design Group for DS Brand
5/11/2012PSA Citroen Peugeot's Citroen unit says it will open a new styling group specifically for its premium DS sub-brand on June 1.
Analysts Hike U.S. Auto Sales Outlook for 2012
5/11/2012U.S. light vehicle sales will climb 12% to 14.3 million units this year, according to the average estimate of 14 auto analysts surveyed by Bloomberg News.
Porsche Plans Second Sedan
5/11/2012Volkswagen AG's Porsche unit intends to add a small sedan to its lineup within five years, according to Auto Bild, which cites no sources.
Mulally Remains Mum on Retirement Plans
5/10/2012Ford Motor Co. is still brushing off questions about when CEO Alan Mulally, 66, plans to retire.
GM Brings “Green” Plant Design to Brazil
5/10/2012General Motors Co. is applying many of its American "green" construction techniques to the engine plant it plans to open in Joinville, Brazil, by year-end.
Magna Boosts Profit 6% on Strong N. American Demand
5/10/2012Canada's Magna International Inc. netted US$343 million in the first quarter of this year compared with $322 million in the same period of 2011.
Nissan Aims to Boost Global Output 16% This Year
5/10/2012Nissan Motor Co. plans to produce 5.6 million vehicles worldwide in the fiscal year that began April 1 compared with 4.8 million units in the previous year, according to The Nikkei.
Ford: Better Market Share Prospects in India Than China
5/10/2012Ford Motor Co. has a greater opportunity to increase its market share in India than in China because competition in the latter is more intense, Asia-Pacific chief Joe Hinrichs tells the CNBC television network.