Mexican Media Brands
Goodyear Posts Record Profit As Revenue Slides
10/29/2013Goodyear Tire & Rubber Co.'s revenue shrank 6% to $5 billion in the third quarter. But net earnings soared to a record $166 million for the period from $110 million in the same period of 2012.
Magna Expands in China with Six New Facilities
10/29/2013Canada's Magna International Inc., which operates 26 factories in China, says it will open six more by 2015.
Tenneco Earnings Hurt by Restructuring Costs
10/29/2013Tenneco Inc.'s third-quarter revenue grew 10% to nearly $2 billion.
Europe’s Truck Market Grows 6%
10/29/2013Registrations of commercial vehicles across Europe rose to 165,500 units in September from 156,500 units a year earlier, ACEA reports.
Fiat Completes VM Motori Acquisition
10/29/2013Fiat SpA, which has owned half of diesel engine maker VM Motori SpA since 2010, has acquired the other half from General Motors Co. for €34 million.
Weak U.S. Economy May Stay that Way Until 2014
10/29/2013Sluggish factory output and slumping home sales in September signaled that the U.S. economy was weak even before the government shutdown earlier this month, Bloomberg News reports.
Toyota Outsells Everybody
10/29/2013Toyota Motor Corp. and its subsidiaries sold 2.5 million vehicles in the second quarter compared with 2.4 million units for General Motors and 2.3 million for Volkswagen.
Asian Brands Challenged in U.S. Reliability Ratings
10/29/2013Japanese car brands continue to dominate a closely watched annual report on new-car reliability by Consumer Reports.
GMC, Volvo Jump into CR’s Top 10 Reliability Ratings
10/29/2013Japanese car brands continue to dominate the closely watched annual reliability ratings from Consumer Reports this year.
Shattering Sunroofs Lead to Federal Probe and Recall
10/29/2013Federal safety officials are investigating shattering glass sunroofs on Sorento SUVs made by Kia Motors Co. after receiving 15 complaints about the problem.