Mexican Media Brands
FAW to Sell First Oley-Brand Vehicle
4/2/2012China's FAW Group Corp. plans to launch sales of a new compact sedan on April 19, the first model under its new low-price, youth-oriented Oley brand, says Chinese auto Web site Gasgoo.com.
Fisker Raises Fresh Capital
4/2/2012Fisker Automotive Inc. has completed a $392 million round of financing, which the company hopes to eventually increase to $500 million.
Auto Sales Surge 72% in Japan
4/2/2012Carmakers sold 751,900 new cars, minivehicles, trucks and buses in Japan last month compared with 437,600 units in March 2011, according to trade groups.
Fiat 500 Lineup Will Add Crossover Next Year
4/2/2012Fiat SpA's expanding 500 city car lineup will add a crossover model the 500X at the end of next year, according to Automotive News Europe.
Fiat to Add Crossover Version of 500
4/2/2012Fiat SpA's growing 500 city car lineup will add a crossover model the 500X at the end of 2013, says Automotive News Europe.
Auto Sales Surge 72% in Japan
4/2/2012Carmakers sold 751,900 new cars, minivehicles, trucks and buses in Japan last month compared with 437,600 units in March 2011, according to trade groups.
NHTSA to Probe Engine Fires in Cruze, Wrangler
4/2/2012The National Highway Traffic Safety Administration says it has opened two preliminary investigations into a handful of recent reports about engine fires in the 2010 Jeep Wrangler and 2011 Chevrolet Cruze.
Car Sales Jump in India
4/2/2012Nearly all major carmakers reported higher passenger vehicle sales in India last month compared with March 2011.
PSA Completes Sale-Leaseback of Headquarters
4/2/2012PSA Peugeot Citroen says it has sold its Paris headquarters near the Champs-Elysees to a Canadian private equity funds for €246 million and signed a renewable nine-year lease at the facility.
Chrysler Boosts Quality Control at Belvidere Plant
4/2/2012Chrysler Group LLC has spent $20 million to upgrade quality at its assembly plant in Belvidere, Ill., which is ramping up production of the new Dodge Dart compact car.