Mexican Media Brands
Ford Sales in China Climb 17%
12/7/2016Ford Motor Co. reports its sales in China last month grew 17% to a record 124,100 units.
Korea Will Fine VW for False Advertising on Diesel Emissions
12/7/2016South Korea’s fair trade commission says it will fine Volkswagen AG a record-high 37.3 billion won ($31.9 million) for falsely claiming the diesel-powered vehicles it sold in the country over the past eight years met Euro 5 emission limits.
Ford Delays Deliveries on F-150 Trucks to Test Transmissions
12/7/2016Ford Motor Co. says it is temporarily delaying dealer deliveries of an undisclosed number of its 2017 model F-150 pickup trucks until it completes tests on their all-new, 10-speed automatic transmissions.
U.S. Judge Dismisses Fraud Claim Over Daimler Diesels
12/7/2016A U.S. District Court judge in New Jersey has rejected a would-be class action lawsuit that claimed Daimler AG’s Mercedes-Benz unit misled consumers about its BlueTec “clean” diesels.
Mexico Tops Canada in Exports to U.S.
12/6/2016Mexico has surpassed Canada in the overall value of goods it ships to the U.S., according to the Dept. of Commerce.
UPDATE: PSA Expands Capacity in Argentina
12/6/2016PSA Group says it will spend $320 million to expand production capacity at its Palomar manufacturing complex outside Buenos Aires, Argentina.
Taiwan Threatens to Fine Uber Drivers $780,000 Each
12/6/2016Three lawmakers in Taiwan are pushing for legislation that would suspend the licenses of those found driving for ride-hailing service Uber Technologies Inc. and fine each of them the equivalent of $780,000.
GM Expands 9-Speed Transmission Availability
12/6/2016General Motors Co. plans to offer the 9-speed automatic transmission it co-developed with Ford Motor Co. in 10 models by the end of 2017.
Daimler Plans EV, Battery Production in China
12/6/2016Daimler AG says it is studying plans for its China operations to locally assemble electric cars and the batteries that power them.
Dodge Plots NASCAR Return
12/6/2016Fiat Chrysler Automobiles NV is exploring ways for its Dodge brand to return to NASCAR, which the carmaker left amid financial constraints in 2012.