Mexican Media Brands
Russia Lowers Its Interest Rate
6/14/2016The Russian Central Bank has reduced its key lending rate by half a percentage point to 10.5%. It was the bank’s first adjustment since last August.
Takata Attracts Interest from 30 Possible Investors
6/14/2016Thirty would-be investors have expressed at least initial interest in buying equity in Takata Corp., sources tell Reuters.
Honda Jumps into Chevy-Ford Truck Bed Battle
6/14/2016Honda is weighing in on Chevrolet’s provocative television ads designed to prove the steel load bed of a Chevy Silverado pickup truck is tougher than the aluminum bed of Ford’s more popular F-150 pickup.
Bosch to Open New Tech Center in Pittsburgh
6/13/2016Next month Robert Bosch GmbH will open a new 52,000-sq-ft technology center in Pittsburgh.
Qualcomm Readies Connected Car Platform
6/13/2016San Diego-based Qualcomm Technologies Inc. says it has developed a new reference platform to help make it easier and faster to develop and implement connected-vehicle technologies.
Small-Car Sales in Europe Likely to Peak This Year
6/13/2016Sales of subcompact cars in Europe is likely to grow 2% to a five-year high of 3.2 million units this year before beginning a long-term fade, according to IHS Automotive.
German Goal: Zero Emissions from New Cars by 2030?
6/13/2016Germany won’t be able to meet its carbon dioxide emission goal unless virtually all new cars sold by 2030 are zero-emission vehicles, Bloomberg New reports, citing Deputy Economy Minister Rainer Baake.
PHD Wins VW’s Global Media Account
6/13/2016Volkswagen Group has selected Omnicom Media Group’s London-based PHD Worldwide agency, which already handles the company’s Porsche brand, to be its global media agency.
U.S. Gasoline Prices at 2016 High
6/13/2016The price of a gallon of unleaded regular gasoline in the U.S. begins this week at $2.39, its highest for the year to date, according to the AAA Daily Fuel Gauge Report.
Hyundai Recalls SUVs to Fix Hood Latch
6/13/2016Hyundai Motor Co. is recalling 81,000 of its 2016 model Tucson SUVs to replace a secondary hood latch that may not work.