Mexican Media Brands
VW Completes Porsche Acquisition
8/2/2012This week Volkswagen AG bought the 50.1% of sports car maker Porsche AG it didn't already own, thus completing an acquisition of the fabled German brand that began seven years ago.
America’s Auto Sales Climb 9%
8/2/2012Carmakers sold 1.2 million light vehicles in America last month compared with 1.1 million units a year earlier, according to Autodata Corp.
UPDATE: Auto Sales Climb 9% in America
8/2/2012Carmakers sold 1.2 million light vehicles in America last month compared with 1.1 million units a year earlier, according to Autodata Corp.
Eurozone Factory Activity Hits Three-Year Low
8/2/2012Manufacturing in the eurozone shrank in July at the fastest rate since June 2009, according to London-based Markit.
Mitsubishi Unveils Japan’s Most Fuel-Efficient Car
8/1/2012Mitsubishi Motor Corp. says its new Mirage global small car is rated at 64 mpg on Japan's test cycle, making it the country's most fuel-efficient gasoline-powered car.
Vehicle Sales Soar 38% in Japan
8/1/2012Sales of new cars, minivehicles, trucks and buses surged to 513,100 units last month from 373,100 units in July 2011, according to the country's auto trade groups.
Ford Sues Dana Over Minivan Subframes
8/1/2012Ford Motor Co. is demanding in a Detroit court that Dana Holding Corp. compensate it for the cost of recalling 425,000 of the carmaker's 1999-2003 model Windstar minivans last year, Automotive News reports.
Volkswagen Completes Porsche Purchase
8/1/2012Volkswagen AG has acquired the 50.1% of sports car maker Porsche AG it didn't already own, thus completing an acquisition of the fabled German brand that began seven years ago.
Volkswagen Finalizes Porsche Acquisition
8/1/2012Volkswagen AG had acquired the 50.1% of sports car maker Porsche AG it doesn't already own, thus completing a convoluted seven-year saga in which VW went from being takeover target to acquirer.
Toyota to Recall 878,000 Vehicles for Suspension Flaw
8/1/2012Toyota Motor Corp. says it plans to recall 760,000 RAV4 compact crossover vehicles and 18,000 Lexus HS RX250h hybrid sedans in the U.S. to fix a problem that could cause arear suspension arm to break.