Protectionism controversy breaks out in June as Argentina, like Brazil, tries to limit Mexico’s import cars in an effort to reduce its trade deficit with the country. Mexico balks with threats to appeal to the WTO....More
Volvo Australia pulled an ad for its V60 wagon after the Advertising Standards Board ruled the commercial should be modified or withdrawn, saying it gave an impression of “reckless speed” and “unsafe driving."...More
Class 8 sales powered the overall increase, although Class 5 also was a strong performer. Most Class 8 manufacturers posted gains, led by the Volvo Truck brand, up 70% from year-ago, followed by PACCAR’s Peterbilt, up 67.8%....More
Some suppliers are investing in additional facilities because they are confident current production levels will be sustained and because they have exhausted most of their avenues to stretch available...
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