Mexican Media Brands
American Axle Profit Plunges 90%
7/30/2012American Axle & Manufacturing Holdings Inc.'s net earnings plummeted to $5 million in the second quarter of 2012 from $49 million in the same period last year.
Japan’s Auto Output Climbs 20% in June
7/30/2012Carmakers produced 893,100 cars, trucks and buses in Japan last month compared with 742,500 units in June 2011.
U.S. Economic Growth Slows Sharply in Second Quarter
7/30/2012American's gross domestic output, which expanded at a 2% annual rate in the first three months of this year and 4.1% in last year's fourth quarter, grew at a tepid 1.5% pace from April through June, according to the preliminary estimate from the Dept. of Commerce.
Opel’s New Design Chief Quits
7/30/2012Dave Lyon, who was scheduled to become the Opel unit's head of design on Wednesday, instead left the company late last week, the Detroit Free Press reports.
Porsche to Unveil Panamera Wagon Concept
7/30/2012Volkswagen AG's Porsche brand will present a Panamera wagon concept at the Paris auto show in September, Autocar reports.
Audi Allroad Returns to U.S.
7/30/2012Volkswagen's Audi unit will reintroduce its all-wheel-drive Allroad crossover in the American market this autumn after a seven-year hiatus.
Hyundai to Recall 221,600 Vehicles for Airbag Flaws
7/30/2012Hyundai Motor Co. will recall 199,000 Santa Fe crossover vehicles and 22,500 Sonata sedans to replace or recalibrate faulty airbag system components.
Incoming Opel Design Chief Quits
7/29/2012Dave Lyon, who was scheduled to become the Opel unit's head of design on Wednesday, left the company late last week, the Detroit Free Press reports.
Porsche to Unveil Panamera Wagon Concept
7/29/2012Volkswagen AG's Porsche brand will present a Panamera wagon concept at the Paris auto show in September, Autocar reports.
GM Marketer's Ouster May Be Tied to U.K. Football Deal
7/29/2012General Motors Co. has dismissed Joel Ewanick, the global chief marketing officer it hired with much fanfare 27 months ago.