Mexican Media Brands
Continental’s Sales Dip 3%, Earnings Drop 9%
5/6/2013Continental AG posted a net profit of €441 million in the first quarter of this year compared to €483 million a year earlier.
Porsche Claims 16% Fuel Efficiency Boost for 911 Turbo
5/6/2013Porsche AG says its latest 911 Turbo and Turbo S sports cars are 16% more fuel efficient on the European test cycle (NEDC) than their predecessors.
Audi Delays Decision About Brazil Factory
5/6/2013Volkswagen AG's Audi unit won't decide whether to erect an assembly plant in Brazil until the government there clarifies its definition of a locally made vehicle, according to the brand's CEO Rupert Stadler.
German Auto Sales Climb 4%
5/6/2013Registrations of new passenger vehicles in Germany grew to 284,400 vehicles last month compared with 273,900 units in April 2012, according to federal auto bureau KBA.
Spain Posts Unexpected 11% Gain in Car Sales
5/6/2013Sales of new vehicles jumped to 62,300 vehicles in Spain last month compared with 56,000 units in April 2012, according to trade group ANFAC.
GM Plans $16 Billion Investment in U.S.
5/5/2013General Motors Co. says it will spend about $16 billion on its U.S. facilities over the next three years.
DOT Plans $45 Million Grant for Vehicle-to-Infrastructure Research
5/5/2013The U.S. Dept. of Transportation says it intends to grant about $45 million to the Crash Avoidance Metrics Partnership (CAMP) to develop so-called vehicle-to-infrastructure (v2i) safety systems.
Opel Says New Powertrains Will Cut CO2 27%
5/5/2013General Motors Co.'s Adam Opel unit estimates that the previously announced bevy of new engines and transmissions it will introduce by 2020 will reduce the average carbon dioxide emissions from its vehicles 27%.
Audi’s Mexico Plant to Open in Mid-2016
5/5/2013Volkswagen AG's Audi unit expects to supply as many as 150,000 next-generation Q5 crossover vehicles to markets worldwide from the new factory it is building in San Jose Chiapa, Mexico.
American Axle Earnings Plummet 86%
5/5/2013American Axle & Manufacturing Holdings Inc. netted $7 million in the first quarter of this year compared with $50 million in the same period of 2012.