Mexican Media Brands
CEO Ghosn’s Pay at Nissan Again Tops 1 Billion Yen
6/22/2016Carlos Ghosn received nearly 1.1 billion yen ($10.2 million) for his work as CEO of Nissan Motor Co. after the company reported record earnings for the fiscal year ended March 31.
Next Aston Martin Vanquish to Get Souped-Up V-12
6/22/2016The next generation of Aston Martin Lagonda Ltd.'s flagship Vanquish sports coupe due in 2018 will be powered by a retuned version of the DB11’s new twin-turbo V-12 engine, Auto Express reports.
BMW to Repurpose i3 Batteries for Home Energy Storage
6/22/2016BMW AG is partnering with Germany’s Beck Automation LLC on an energy storage system that can use used batteries from the carmaker’s i3 electric car for household purposes.
Mitsubishi Predicts a Net Loss This Year
6/22/2016Mitsubishi Motors Corp. expects to report a net loss of 145 billion yen ($1.4 billion) in the fiscal year that began April 1, reversing an 89 billion-yen profit in the previous year.
NACTOY Adds SUV Category to Best-Vehicle Awards
6/22/2016The North American Car and Truck of the Year Awards is adding a third category—SUV/crossovers—for 2017.
Lambo Opens Composites Center in Seattle
6/22/2016Lamborghini SpA has opened a new carbon fiber research facility in Seattle.
FCA to Stop Using Recalled Takata Airbag Inflator Design
6/22/2016Fiat Chrysler Automobiles NV says it will stop installing certain airbag inflators made by Takata Corp. that will be subject to a recall in 2019.
Tesla Makes $2.8 Billion Stock Offer for Solar Panel Maker
6/22/2016Tesla Motors Inc. is offering as much as $2.8 billion in stock to acquire San Mateo, Calif.-based solar panel manufacturer SolarCity Corp.
Partners Team Up on Electric Drivetrain for Big Trucks
6/22/2016Longmont, Colo.-based UQM Technologies Inc. is partnering with Eaton Corp. and Pi Innovo LLC on an electric drivetrain system for medium- and heavy-duty trucks.
European Consortium Aims to Speed Fuel-Cell Development
6/21/2016Europe’s new Project Inspire consortium aims to accelerate the commercialization of fuel-cell-powered vehicles and increase the regional competitiveness related to the emerging technology.