Mexican Media Brands
Maruti to Build Fewer Gasoline-Powered Models
6/7/2012Maruti Suzuki India Ltd. has cut production of gasoline-powered cars and SUVs by as much as 15% because of weak demand, The Wall Street Journal reports.
China’s Dealers Warn of Inventory Glut
6/7/2012Carmakers in China need to lower their sales goals or increase incentives to shrink bloated vehicle inventories, the China Automobile Dealers Assn. tells Bloomberg News.
Autoliv Pleads Guilty in U.S. to Price Fixing
6/6/2012Autoliv Inc. has agreed to pay a $14.5 million fine and plead guilty in U.S. federal court in Detroit to conspiring to fix prices of seatbelts, airbags, and steering wheels between 2006 and 2011, according to the U.S.
Autoliv Pleads Guilty to U.S. Price Fixing
6/6/2012Autoliv Inc. has agreed to pay a $14.5 million fine and plead guilty in U.S. federal court in Detroit to conspiring to fix prices of seatbelts, airbags, and steering wheels between 2006 and 2011, according to the U.S.
ECB Leaves Interest Rates Unchanged
6/6/2012The European Central Bank kept its benchmark interest rate at a record-low 1% for the sixth consecutive month despite pressures to provide relief from Europe's escalating debt crisis.
Nissan Debuts “Easy-Fill” Tire Pressure System
6/6/2012Nissan Motor Co. is phasing in a tire pressure monitoring system that doubles as an in-car tire gauge when motorists top up their tires at a service station.
Auto Sales Fall 15% in Argentina
6/6/2012Sales of passenger and commercial vehicles in Argentina slid to 64,700 units last month from 76,000 units in May 2011, according to automaker group ADEFA.
Honda Fit EV Rated at Record High 118 mpg Equivalent
6/6/2012The electric version of Honda Motor Co.'s Fit five-door hatchback can deliver the equivalent of 118 mpg, according to the U.S.
Brazil’s Car Sales Drop 9%
6/6/2012Automakers sold 274,500 new passenger and light commercial vehicles in Brazil last month compared with 300,500 units in May 2011, according to dealer group Fenabrave.