Mexican Media Brands
Volvo Takes Steps to Boost Car Sales in China
12/17/2012CEO Hakan Samuelsson tells the Financial Times that Volvo Car Corp. plans a three-prong strategy to hike its flagging sales in China and predicts an improvement by mid-2013.
Gasoline Selling for Lowest Price This Year
12/17/2012Americans are paying an average of $3.25 per gallon nationwide for regular gasoline, the lowest price of 2012, according to AAA Daily Fuel Gauge Report.
American Auto Inventory Grows
12/17/2012Automakers had a stockpile of about 3.1 million unsold cars and light trucks in the U.S. on Dec. 1, the largest in nearly four years, Automotive News reports.
Volvo, Ericsson Partner on Web Services for Vehicles
12/17/2012Volvo Car Group and Swedish telecommunications giant LM Ericsson have agreed to develop Internet-based automotive services for use in Volvo vehicles worldwide.
Toyota Likely to Top Rivals in Global Auto Sales
12/17/2012Toyota Motor Corp., which ceded the title of the world's top-selling carmaker to General Motors Co. last year amid Asian natural disasters, is poised to reclaim the crown, Bloomberg News reports.
Investors Value BMW at Nearly Twice Daimler’s Price
12/17/2012Daimler AG's Mercedes-Benz Cars unit is worth about half as much as rival BMW AG's luxury vehicle departments, Bloomberg News reports.
Argentina, Mexico Revamp Auto Trade Pact
12/17/2012Mexico has agreed to amend its free-trade agreement with Argentina by reducing its auto exports to the South American country by one-third to $600 million annually for three years.
Daimler Valued at Just Over Half BMW’s Worth
12/17/2012Investors believe that Daimler AG's Mercedes-Benz Cars unit is worth about half as much as rival BMW AG's luxury vehicle departments, Bloomberg News reports.
VW, GM Vie for Second Place in Global Sales
12/17/2012Toyota Motor Corp., which ceded the title of the world's top-selling carmaker to General Motors Co. last year amid Asian natural disasters, is poised to reclaim the crown, Bloomberg News reports.
Bosch Restructures Battery Operations
12/17/2012Robert Bosch GmbH has reorganized its lithium-ion battery business under a new name, Robert Bosch Battery Systems, effective immediately.