Mexican Media Brands
Mitsubishi’s Minicar Sales Collapse in Japan
5/2/2016Japan’s demand for Mitsubishi Motors Corp. minicars plummeted 45% to about 1,500 units in April after the company admitted manipulating fuel economy ratings on a line of popular models, sources tell The Nikkei.
VW Bullish on U.S. Market in Spite of Diesel Fiasco
5/2/2016Volkswagen AG says the U.S. car market holds more growth potential for its VW brand than any other in the world—after the company overcomes its diesel emission scandal.
France Reports Gaps in Diesel Emission Test Results
5/2/2016France’s environmental office says its on-road tests of 52 diesel vehicles found some that emitted “significantly” greater pollutants than allowed by EU regulations.
Nissan Recalls 3.5 Million Vehicles to Replace Airbag Sensors
5/2/2016Nissan Motor Co. says it will repair sensors in about 3.5 million of its vehicles because the devices may fail to activate the passenger-side airbags when they should.
Renault Ignores Shareholder Vote to Pay CEO Ghosn Less
5/2/2016Renault SA’s board has shrugged off a nonbinding shareholder vote led by the French government to reduce CEO Carlos Ghosn’s compensation for 2015.
Denso Names New CEO, COO for Americas
5/2/2016Denso Corp. has named Kenichiro Ito to be chairman and CEO of its Denso International America Inc. unit in Southfield, Mich.
Conti Raises Outlook as Earnings Rise 8%
4/29/2016Continental AG’s adjusted earnings before interest and taxes in the first quarter climbed 8% to €1.1 billion ($1.26 billion).
U.S. Economic Growth Slows to 0.5%
4/29/2016America’s gross domestic product expanded only 0.5% in the first quarter of 2016, according to preliminary data from the U.S. Bureau of Economic Analysis.
Chinese EV Startup Nabs Tesla Engineering Execs
4/29/2016Future Mobility Corp., a Hong Kong-based startup firm, has hired two Tesla Motor Inc. executives as part of its plans to compete against the electric-car company with its own premium EV, according to media reports.
FCA, Google Near Deal on Self-Driving Technology?
4/29/2016Alphabet Inc.’s Google autonomous car program and Fiat Chrysler Automobiles NV are in advanced talks about launching a technology partnership that targets the commercialization of self-driving vehicles, according to multiple media reports.