Mexican Media Brands
Valeo Net Income Sinks 11%
2/22/2013Valeo SA netted €380 million last year compared with €427 million in 2011.
VW Predicts Flat Operating Profit This Year
2/22/2013Volkswagen AG's operating earnings rose only 2% to €11.5 billion last year.
GM to Spend $7.3 Billion on Korean Unit
2/22/2013General Motors Co. says it will invest $7.3 billion over the next five years to expand its design, engineering and production capabilities in South Korea.
GM to Invest $7.3 Billion in Korean Unit
2/22/2013General Motors Co. plans to spend $7.3 billion on its South Korean unit over the next five years to improve its engineering and manufacturing capabilities.
Auto Loan Delinquencies Creep Higher
2/22/2013The ratio of U.S. auto loans overdue by at least 60 days edged up to 0.74% of total loans in the fourth quarter of 2012 from 0.72% a year earlier, according to Experian Automotive.
U.K. Fines Mercedes, Dealers for Price Fixing
2/22/2013Britain's Office of Fair Trading says Daimler AG's Mercedes-Benz commercial vehicle operations and three of its dealers have admitted fixing prices of vans and trucks between 2008 and early 2010.
Audi to Debut A3 e-tron Hybrid
2/22/2013Volkswagen AG's Audi unit will show the latest prototype of its A3 e-tron hybrid car at next month's Geneva auto show.
Audi A3 e-tron Hybrid to Debut in Geneva
2/22/2013Volkswagen AG's Audi unit will show the latest prototype of its A3 e-tron hybrid car at next month's Geneva auto show.
Italian Court Fines Agnelli Family Advisers
2/21/2013An Italian appeals court has found two former advisers to Fiat SpA's Agnelli founding family guilty of market manipulation.
Oxford Scientists Tout Part-Time Autonomous Car
2/21/2013Researchers at the University of Oxford are developing a relatively low-tech system that would enable cars to drive themselves sometimes but not always.