Mexican Media Brands
Ford to Invest $1.3 Billion in Mexico
4/1/2012Ford Motor Co. says it plans to invest $1.3 billion at its assembly and stamping plants in Hermosillo, Mexico, to prepare for the production launch of the next-generation Ford Fusion and Lincoln MKZ sedans for the North American market.
Severstal Reaches Contract with UAW
4/1/2012Severstal North America unit says it has reached a tentative five-year contract with the United Auto Workers union.
Ford Hiked Mulally’s 2011 Pay
4/1/2012Ford Motor Co. gave CEO Alan Mulally an 11% raise in total compensation to $29.5 million last year.
Coda Abandons Plan to Make EV Batteries in Ohio
4/1/2012Coda Automotive Inc. has canceled plans to open a plant in Columbus, Ohio, to make lithium-ion batteries for electric cars, The Columbus Dispatch reports.
Bosch Names Denner As New CEO
4/1/2012Robert Bosch GmbH says board member Volkmar Denner will become the company's new CEO and chairman of the board of management on July 1.
Vehicle Production Jumps 20% in Japan
4/1/2012Japan's output of cars and commercial vehicles surged to 952,300 units in February from 795,700 units a year earlier, according to the Japan Automobile Manufacturers Assn.
Severstal Wins U.S. Loan to Make Improved Steel
7/13/2011The U.S. Department of Energy is ready to loan as much as $730 million to Russian steelmaker OAO Severstal's North American unit to retool its Michigan operations to make lighter, stronger steel for vehicles
GOP Group Urges “Aggressive” U.S. Fuel Economy Rules
6/23/2011A group of 15 Republican former members of Congress, governors and administrators of the U.S. Environmental Protection Agency is urging the Obama administration to set "aggressive" fuel economy standards for 2017 through 2025.
Group Urges “Aggressive” U.S. Fuel Economy Rules
6/23/2011A group of 15 Republican former members of Congress, governors and administrators of the U.S. Environmental Protection Agency is urging the Obama administration to set "aggressive" fuel economy standards for 2017 through 2025.
Chrysler Could Receive New U.S. “Green” Loans
6/22/2011The U.S. Dept. of Energy is close to awarding loans to Chrysler Group LLC under a $25 billion program to help carmakers and suppliers retool factories to make fuel-efficient vehicles.