Mexican Media Brands
Opel Denies Rigging Diesel Emission Systems
5/17/2016General Motors Co.’s Opel unit insists an investigation by Der Spiegel is wrong in concluding that some of the company’s diesel engines were set up to evade emission requirements.
France Escalates Bid to Trim Ghosn’s Compensation
5/17/2016The French government says it will force the issue if a business council fails to back a nonbinding vote by Renault SA shareholders to trim last year’s €7.2 million ($8.2 million) compensation package for CEO Carlos Ghosn.
Guangzhou Automobile Returning to Detroit Auto Show
5/17/2016China’s Guangzhou Automobile Group Co. is returning to the 2017 Detroit auto show in January with a display on the main floor.
China’s NextEV Readies Electric Supercar
5/17/2016NextEV Inc., a startup founded by Chinese billionaire William Li in 2014, plans to unveil its first model—an all-electric supercar—by year-end.
Ford GT Supercar Gets Next-Gen Carbon Fiber Wheel Option
5/17/2016Ford Motor Co. will offer lightweight carbon fiber wheels as an option on its 2017 GT supercar.
Takata Details First Round of New U.S. Recalls
5/17/2016Takata Corp. has identified the first 14 million of as many as 40 million flawed airbag inflators it plans to recall in the U.S. through 2019.
India’s SUV Market Swings from Diesel to Gasoline Engines
5/17/2016Sales of gasoline-fueled SUVs in India have jumped to 13% from 2% of the segment four years ago as buyers move away from diesels, The Economic Times reports.
Corning Unit Pleads Guilty to Price Fixing
5/17/2016Tokyo-based Corning International Kabushiki Kaisha has agreed to plead guilty to price fixing and pay a $67 million criminal fine, according to the U.S.
Toyota Plans Third Factory in Malaysia
5/16/2016Toyota Motor Corp. intends to open a 30 billion-yen ($275 million) assembly plant in Malaysia in about 2018 with capacity to make 50,000 vehicles per year, The Nikkei says.
Nissan Denies Diesel Emission Cheating in S. Korea
5/16/2016Nissan Motor Co. denies it rigged the emission controls of diesel-powered Qashqai crossover vehicles sold in South Korea.