Mexican Media Brands
Toyota Hikes Sales Outlook for Thailand
7/17/2012Toyota Motor Corp. has boosted its forecast for 2012 sales in Thailand by 30,000 units to a company-record 480,000 vehicles.
Restructuring Advisor Tapped to Head Opel
7/17/2012The supervisory board of General Motors Co.'s Opel unit has promoted Thomas Sedran, a former restructuring specialist with ties to GM, to lead Opel until a permanent replacement is found.
Restructuring Advisor Tapped to Head Opel
7/17/2012The supervisory board of General Motors Co.'s Opel unit has promoted Thomas Sedran, a former restructuring specialist with ties to GM, to lead Opel until a permanent replacement is found.
Investor Confidence Declines in Germany
7/17/2012Optimism among analysts and institutional investors in Germany about their country's economy fell by 2.7 points from June to July to -19.6 points, according to the Center for European Economic Research (ZEW). The index has historically averaged 24 points.
Car Sales Drop 2% in Europe
7/17/2012Passenger vehicle sales in Europe slipped to 1.25 million in June from 1.28 million a year earlier, according to trade group ACEA.
June Car Sales Slip 2% in Europe
7/17/2012New-car registrations across Europe declined to 1.25 million in June from 1.28 million a year earlier, ACEA reports.
Ford to Cut 440 Jobs in Australia
7/17/2012Ford Motor Co. will shed 440 employees in Australia, or about 15% of its workforce there, and slash output 29% to 148 vehicles per day in November to align production with vehicle demand.
Land Rover Demand Boosts Tata Sales
7/17/2012Mumbai-based Tata Motors Ltd. sold 94,100 passenger and commercial vehicles worldwide last month, up 6% from June 2011, propelled by a 49% surge to 24,400 units for its Land Rover brand.
Land Rover Demand Boosts Tata Sales
7/17/2012Mumbai-based Tata Motors Ltd. sold 94,100 passenger and commercial vehicles worldwide last month, up 6% from June 2011, propelled by a 49% surge to 24,400 units for its Land Rover brand.
De Tomaso Chairman Arrested in Fraud Probe
7/17/2012Italian prosecutors have arrested Gian Mario Rossignolo, owner and chairman of Italian sports car maker De Tomaso Automobili SpA, and two other company managers in connection with an investigation of the misuse of €7.5 million ($9.2 million) in public funds, Reuters reports.