Mexican Media Brands
U.S. Housing Starts Drop 10%
7/18/2013Contractors broke ground on new homes in the U.S. last month at an annual rate of 836,000 units compared with 928,000 in May, the Dept. of Commerce reports.
More EU Countries May Adopt French Ban on Mercedes Cars
7/18/2013France's refusal to register some of Daimler AG's Mercedes-Benz passenger vehicles that use an air-conditioning refrigerant banned by the EU may spread to other members of the 28-nation group.
GM Asset Management Names New Investment Head
7/18/2013General Motors Co.'s asset management unit has promoted Dhivya Suryadevara to chief investment officer, effective Aug. 1.
Ford Closes Its Last Assembly Plant in the U.K.
7/18/2013Ford Motor Co. ended work at the body shop of its van plant in Southampton, England, this week and will shutter the rest of the factory by the end of next week.
Ford Ends Auto Production in the U.K.
7/18/2013Ford Motor Co. wound up work at the body shop of its van plant in Southampton, England, this week and will shutter the rest of the factory by the end of next week.
GM Forms Tesla Study Team in Innovation Push
7/18/2013General Motors Co. has assigned a group of employees to study electric vehicle startup Tesla Motors Inc. and how it might threaten GM's business, Bloomberg News reports.
New Mercedes S 63 AMG: Lighter, More Powerful, More Efficient
7/18/2013Daimler AG's just-introduced S 63 AMG high-performance luxury sedan offers all-wheel drive for the first time.
Report: GM Delays Launch of New Chevrolet Cruze
7/18/2013General Motors Co. won't begin making the next-generation Chevrolet Cruze sedan until the end of 2015, a year later than originally planned, Reuters reports.
French Ban on Mercedes-Benz Vehicles Could Expand Across Europe
7/17/2013France's refusal to register some of Daimler AG's Mercedes-Benz vehicles that use an air-conditioning refrigerant banned by the European Union may spread to other members of the 28-nation EU.
Investor Confidence Ebbs in Germany
7/17/2013European investors and analysts are slightly less optimistic about German business conditions than they were in June, according to the Centre of European Economic Research (ZEW). The Mannheim, Germany-based group's sentiment index slipped to 36.3 in July from 38.5 the previous month.