Mexican Media Brands
Tesla Plans $1.7 Billion Stock Sales
5/19/2016Tesla Motors Inc. says it will offer $1.7 billion in new shares to help fund a fast launch for its Model 3 electric sedan when the $35,000 car goes into production at the end of next year.
GM Aims to Compensate SUV Owners for Fuel Economy Gap
5/19/2016General Motors Co. is developing a plan to pay about 169,000 customers in the U.S. because the 2016 model large crossover vehicles they bought were about 2 mpg less fuel efficient than their labels indicated, according to Automotive News.
FCA Recalls 506,400 Jeeps for Airbag Flaw
5/18/2016Fiat Chrysler Automobiles NV is preparing to recall 506,400 of its 2007-2016 model Jeep Wrangler SUVs worldwide because the driver’s frontal airbag may not deploy in a crash.
MMC President Confirms Resignation Over Fuel Economy Cheating
5/18/2016Mitsubishi Motors Corp. President Testuro Aikawa confirmed earlier today he will resign after the company’s shareholder meeting in June because of the company’s fuel economy cheating scandal.
Second-Generation Acura Self-Driving Car Gets Improved Sensors
5/18/2016Honda Motor Co.’s Acura luxury unit has updated its prototype self-driving vehicle with new software and hardware systems that enable more complex testing.
Volvo Small Car Concepts Break Cover
5/18/2016Following several recent teaser images, Volvo Car Corp. has fully unveiled two concept vehicles—including a hybrid and an all-electric model—that the company says reflects its future small-car strategy.
Alfa Romeo’s Giulia Sedan to Add Driver-Assist Features
5/18/2016Fiat Chrysler Automobiles NV’s Alfa Romeo unit is working on autonomous vehicle technologies that will allow vehicles to steer, brake and accelerate on their own under certain conditions.
VW Cuts Prices in Japan
5/18/2016Volkswagen AG has lowered prices on its Golf hatchback in Japan by as much as 160,000 yen ($1,500) to bolster sales there.
Partners Team Up on Advanced Camera Systems
5/18/2016San Jose, Calif.-based FotoNation Ltd. and Japan’s Kyocera Corp. have formed a partnership to develop computer vision systems for advanced safety features and assisted-driver technologies.
Germany Approves Incentives for EVs, Plug-in Hybrids
5/18/2016The German government has approved tax breaks and purchase discounts to help bolster demand for electric and plug-in hybrid vehicles.