Mexican Media Brands
Mercedes to Launch Electric Sub-Brand?
8/5/2016Daimler’s Mercedes-Benz unit plans to create a sub-brand for a fleet of electric vehicles that will compete against Tesla and BMW’s “i” brand, reports Bloomberg News.
Nissan Shows e-Bio Fuel Cell Concept Vehicle
8/5/2016Nissan Motor Co. unveiled its e-Bio Fuel-Cell concept model this week in Brazil.
GM, Ford Report Record July Sales in China
8/5/2016General Motors Co. says its ventures in China delivered a record 270,500 vehicles in July, hiking year-to-date deliveries 7% to 2.08 million cars and trucks.
Nissan to Shed Battery-Making Operations
8/5/2016Nissan Motor Co. aims by year-end to sell its 51% stake in a battery-making venture with NEC Corp. and shed independent battery production operations in the U.K. and U.S., sources tell The Nikkei.
Takata’s Profits Fall 33%
8/5/2016Beleaguered airbag maker Takata Corp. reports its net income in April-June sagged to 2.1 billion yen ($20 million) from 3.1 billion yen in the same period last year.
Cadillac CT6, ContiTech Win Lightweighting Awards
8/5/2016General Motors Co.’s all-new Cadillac CT6 sedan has been named this year’s winner of the Altair Enlighten Award for lightweighting in the full vehicle segment.
Report: Mid-Engine Corvette on Track for 2019
8/5/2016The Chevrolet Corvette will switch to a mid-engine layout when the next-generation model bows in early 2019, according to The Detroit News.
Sumitomo Rubber to Double Tiremaking Capacity in U.S.
8/5/2016Sumitomo Rubber Industries Ltd. says it will double its output in the U.S. to 10,000 tires per day by 2019.
U.K. Cuts Interest Rates for First Time in 7 Years
8/5/2016The Bank of England lowered its base lending rate to a record low 0.25% from 0.5%. It’s the first rate cut since March 2009.
NHTSA Widens Probe of Exploding Airbag Inflators Made by ARC Automotive
8/4/2016The National Highway Traffic Safety Administration is broadening an investigation it began a year ago into airbag inflators made by ARC Automotive Inc. after confirming a fatality in Canada blamed on an ARC inflator that exploded.