Mexican Media Brands
Former Porsche CFO to Stand Trial on Fraud Charges
6/27/2012A German regional court in Stuttgart has ruled that Holger Haerter, former CFO of Porsche Automobil Holding SE, and two other former managers will go to trial on charges of fraud.
Argentina Suspends Auto Trade Pact with Mexico
6/26/2012The Argentine government has announced a three-year suspension of its automobile trade accord with Mexico.
Driver-Assist Technology Could Yield Big Savings
6/26/2012A four-year, €22 million study in Europe says the region could save billions of dollars by equipping cars and trucks with such technologies as adaptive cruise control, collision warning, speed regulators, blind-spot sensors, lane departure warning and curve speed warning.
Collision Prevention Standard on Mercedes A-Class
6/26/2012Daimler AG's Mercedes-Benz Cars next-generation A-Class minicar will come with radar-based collision warning and adaptive braking as standard equipment.
European Study Quantifies Value of Driver-Assist Technology
6/26/2012A four-year, $27 million study in Europe says the region could save billions of dollars by equipping cars and trucks with such technologies as adaptive cruise control, collision warning, speed regulators, blind-spot sensors, lane departure warning and curve speed warning.
U.S. Consumer Confidence Ebbing
6/26/2012American sentiment about economic conditions hit a five-month low in June as concerns about jobs and income rise, according to the New York City-based Conference Board.
Radar Collision Prevention Standard on Mercedes A-Class
6/26/2012Daimler AG's Mercedes-Benz Cars next-generation A-Class minicar will come with radar-based collision warning and adaptive braking system as standard equipment.
Court Upholds EPA’s Right to Limit CO2 Emissions
6/26/2012The U.S. Environmental Protection Agency was "unambiguously correct" in setting standards to limit carbon dioxide emissions from autos and factories, a federal appeals court has ruled.
Daimler, Aabar Divide Their Tesla Stake
6/26/2012Daimler AG affiliate Blackstar InvestCo. has transferred 3.2 million shares of Tesla Motors to Aabar Investments as part of a deal to unwind the Abu Dhabi sovereign wealth fund's stake in Blackstar.
Rheinmetall Delays IPO of KSPG Auto Parts Unit
6/26/2012Engineering group Rheinmetall AG has postponed plans for an initial public offering for its automotive subsidiary KSPG until after this summer, citing Europe's volatile financial markets.