Mexican Media Brands
Toyota Suspends Diesel Launches in India
5/26/2016Toyota Motor Corp. says India’s widening ban on diesels that displace more than 2.0 liters has prompted it to suspend plans for any new models that are powered by such engines.
VW Hikes Savings Target 18% for Commercial Truck Operations
5/26/2016Volkswagen Group, which formerly predicted €850 million in savings by integrating its MAN and Scania commercial truck units, now targets €1 billion in reductions.
European Group Plans Network of Fast-Charge Stations
5/26/2016A group of nine European companies plan over the next 18 months to open nearly 300 fast-charge stations to serve battery-powered vehicles in Belgium and Germany.
Partners Team Up on High-Capacity Radar Chips
5/26/2016Infineon Technologies AG is working with scientists at Belgium’s IMEC research institute to develop 77- and 79-GHz CMOS (complementary metal-oxide-semiconductor) sensor chips for automotive radar applications.
BMW Inks Deal with California Ride-Sharing Firm
5/26/2016BMW AG’s iVentures venture capital arm is investing an unspecified amount in California-based startup Scoop Technologies Inc., which markets a namesake carpooling app.
VW Challenges U.S. Court on Diesel Cheating Penalties, Jurisdiction
5/26/2016Volkswagen AG says it remains fully committed to settling U.S. claims against it for rigging nearly 600,000 of its diesels to evade emission standards. But the company tells a federal court the penalties sought against it are too high.
Google to Open Autonomous Car Tech Center Near Detroit
5/26/2016Google Inc. says it is building a 53,000 sq-ft development center 25 miles northwest of Detroit to make it easier to collaborate with auto industry partners on its self-driving technology.
Takata Hires Lazard as Financial Advisor
5/26/2016Takata Corp. says it has contracted Lazard Freres & Co. LLC to look for investors and guide the company's financial restructuring.
PSA Readies New Battery-Powered Models
5/25/2016PSA Group is developing two new lightweight, modular platforms that will carry a variety of electrified vehicles starting in 2019.
Flex-N-Gate Plans $90 Million Factory in Detroit
5/25/2016Trim and assemblies supplier Flex-N-Gate Corp. expects to invest at least $90 million to build a parts plant in central Detroit.