Mexican Media Brands
Japanese Group May Challenge Foreign Buyout of Supplier
9/25/2012A Japanese government fund and several domestic companies may band together to block New York City-based private equity fund KKR & Co.
JCI to End Lead Operations at Shanghai Plant
9/25/2012Johnson Controls Inc. has scrapped efforts to resume lead processing at a factory in Shanghai that local authorities blame for illness in children living nearby.
GM Poised to Double Credit Line to $10 Billion
9/25/2012General Motors Co. is close to an agreement with a bank consortium for a credit facility of as much as $10 billion, Reuters reports.
Schaeffler to Divest 10% of Continental
9/25/2012Germany's Schaeffler AG plans to sell 10% of its stake in Continental AG to help reduce its debt.
Schaeffler to Sell 10% Stake in Continental
9/25/2012Germany's Schaeffler AG plans to divest 20.8 million shares, or 10.4%, of Continental AG to help reduce its debt.
Daimler to Lower Car Output in Sindelfingen
9/25/2012Daimler AG will reduce production at its assembly plant in Sindelfingen, Germany, because of slowing sales of its Mercedes-Benz cars in China and Europe, according to Reuters.
Daniel Hayes, Who Helped Create NAIAS, Dies
9/24/2012Daniel Hayes, who was instrumental in turning the Detroit auto show into an international event, died Saturday at his home in Troy, Mich.
Toyota May Cut Lexus Output for China
9/24/2012Toyota Motor Corp. will reduce production of Lexus vehicles 20% at a plant in Japan because the brand's sales are being hurt by a wave of anti-Japan sentiment in China, The Nikkei reports.
Five Japanese Suppliers Face Anti-Trust Charges
9/24/2012Japan's Fair Trade Commission will impose penalties on five domestic auto parts makers charged with violating anti-trust laws, according to local news reports that cite anonymous sources.
Five Japanese Suppliers Face Anti-Trust Charges at Home
9/24/2012Japan's Fair Trade Commission will impose penalties on five domestic auto parts makers charged with violating anti-trust laws, according to local news reports that cite anonymous sources.