Mexican Media Brands
NHTSA: Carmakers Remain Responsible for Takata Recalls
11/3/2016Carmakers will be responsible for the cost of replacing tens of millions of explosion-prone Takata Corp. airbag inflators, regardless of what happens to the company.
Kia Reaches Tentative Deal with Union
11/3/2016Kia Motors Corp. says it has reached a tentative labor accord after more than four months of negotiations with its union, The Korea Herald reports.
Report: Ford to Kill Flex Crossover Model
11/2/2016Ford Motor Co. will discontinue its slow-selling Flex crossover vehicle in 2020, according to a Detroit Free Press report.
Audi to Offer Laser Lights in U.S.
11/2/2016Audi AG will bring its laser headlight technology to the U.S. on a limited-edition version of the 2017 model R8 supercar.
Car Sales Mixed for France, Germany and Spain
11/2/2016October car sales rose in Spain but fell in France and Germany, local officials report.
VW Board Calls Special Meeting to Review Brand Overhaul
11/2/2016Volkswagen AG’s supervisor board will hold a special meeting on Friday to review a proposed massive restructuring plan for the group, according to German media reports.
Oil Prices Tumble as U.S. Supplies Surge
11/2/2016Oil futures fell 3% today as traders reacted to news that crude oil stockpiles in the U.S. expanded last week by their largest amount in at least 34 years.
UPDATE: U.S. Car Sales Fell 6% in October
11/2/2016Ford Motor Co. says its October sales of cars and light trucks in the U.S. shrank 12% to 188,800 units, not the 2% decline estimated on Tuesday by market statistics firm Autodata Corp.
Mazda Cuts Outlook Again as Profits Drop
11/2/2016Mazda Motor Corp., which exports 80% of the vehicles it makes, predicts the strengthening yen will cut its operating and net profits 34% and 26%, respectively, in the fiscal year ending next March 31.
VW Drops Out of World Rally Racing
11/2/2016Volkswagen AG says it will exit the FIA’s World Rally Championship series at the end of next year to help meet the financial burden of electrifying its powertrains and paying for its global diesel engine cheating scandal.