Mexican Media Brands
Eaton Touts Faster Electronic Limited-Slip Differential
8/22/2016Eaton Corp. says its new electronic limited-slip differential (eLSD) is more than twice as fast (100-millisecond actuation versus 250 milliseconds) as the EGeorodisc system the company launched in 2004.
Mitsubishi Recall Targets Balky CV Transmissions
8/22/2016Mitsubishi Motors Corp. is preparing to recall 82,400 cars and SUVs in the U.S. to cure a transmission software fault that could interfere with vehicle acceleration.
Chinese Startup Readies Electric MPV
8/22/2016Shanghai-based Iconiq Motors says it is planning a production version of the Seven concept electric MPV in China it unveiled at last week’s Pebble Beach Concours d'Elegance in California.
DOE Supercomputers to Help Develop Next-Gen Materials
8/22/2016The U.S. Dept. of Energy is allocating $16 million in grants to two programs that will use supercomputers to accelerate the development of advanced materials for use in alternative and renewable energy, electronics and transportation applications.
Renesas Electronics May Buy U.S. Chip Maker
8/22/2016Japan’s Renesas Electronics Corp. is in negotiations to buy California-based chip maker Intersil Corp. for an estimated 300 billion yen ($3 billion), according to media reports.
Uber Values Lyft at $2 Billion or Less
8/22/2016Ride-hailing service Uber Technologies Inc. has told investors it wouldn’t pay more than $2 billion to buy rival Lyft Inc., according to Bloomberg News.
Toyota Resumes Output in Venezuela After 6-Month Hiatus
8/22/2016Toyota Motor Corp. says it has resumed vehicle production in Cumana, Venezuela, after a shortage of hard currency forced a shutdown there six months ago.
Mahle Powertrain Relocates N. American Headquarters
8/22/2016Mahle GmbH’s North American powertrain unit is relocating its North American headquarters in Michigan from Farmington Hills to nearby Plymouth.
McLaren Previews Special-Edition Roadster
8/19/2016McLaren Automotive Ltd. took the wraps off its MSO HS (High Sport) hyper-car ahead of the car’s public debut at next month’s Paris auto show.
Struggling Proton Issues $63 Million in Loan Stocks
8/19/2016Malaysian holding company DRB-Hicom Bhd says its beleaguered car company, Proton Holdings, has issued 250 million ringgit ($63 million) in loan stocks to a government holding company to help pay creditors and suppliers.