Mexican Media Brands
Nissan Confirms 545-hp “Production” Juke Crossover
5/4/2012Nissan Motor Co. says it will build a handful of "production" versions of its Juke-R concept, a hot-rod version of its Juke crossover that can scoot from zero to 60 mph in less than 3.7 seconds.
GM Profit Tumbles 69% as European Losses Mount
5/4/2012General Motors Co. netted $1 billion (€758 million) in the first quarter of this year compared with $3.2 billion (€2.4 billion) in the same period of 2011.
UPDATE: GM Quarterly Profit Tumbles 69%
5/4/2012General Motors Co. netted $1 billion in the first quarter of this year compared with $3.2 billion in the same period of 2011.
BMW Readies X1 Crossover for U.S. Market
5/4/2012BMW AG says its redesigned X1 small crossover vehicle will debut in the U.S. this autumn at a base price of $31,500.
Porsche Income Climbs 18%
5/4/2012Porsche AG posted a first-quarter operating profit of €528 million compared with €446 million in the same period of last year, buoyed by strong demand in China, Germany and the U.S.
EU Price-Fixing Probe Includes Visteon
5/4/2012Visteon Corp. says it received a request last year from EU regulators for information related to a global investigation of bid rigging and price fixing among suppliers of automotive electronics.
BMW Posts Record Revenue, Sales, Earnings
5/4/2012BMW AG's profit in 2012 jumped to €2.1 billion ($2.8 billion) before interest and taxes in the first three months of 2012 compared to €1.8 billion ($2.4 billion) in the same period last year.
Renault-Nissan Finalize Deal to Gain Control of AvtoVAZ
5/4/2012The Renault-Nissan alliance plans by 2014 to form a new venture with Russian Technologies Corp. that will own 74.5% of OAO AvtoVAZ, Russia's largest carmaker.
Lear Profit Slides 14%
5/4/2012Lear Corp. reported net income of $134 million in the January-March period of 2012 compared with $156 million a year earlier.
Audi May Shake Up Management
5/3/2012Volkswagen AG's Audi unit is poised to shuffle its executive team, Auto Motor und Sports reports.