Mexican Media Brands
UPDATE: Ford Confirms $1.6 Billion Plant in Mexico
4/6/2016Ford Motor Co. confirms it will spend $1.6 billion to build a new small-car assembly plant in San Luis Potosi, Mexico.
Union Warns on GM’s Decision Not to Build Chevy Impala in Korea
4/6/2016General Motors Co.’s decision on Tuesday not to produce its large Chevrolet Impala in South Korea “threatens the existence” of GM operations there, the country’s metalworkers union claims.
New Renault System Cuts Diesel NOx Emissions 50%
4/5/2016This summer Renault SA will begin equipping its diesel-powered vehicles in Europe with advanced emissions systems that can reduce oxides of nitrogen emissions by as much as 50% during certain driving conditions.
Malaysia Says Proton Needs a Foreign Partner
4/5/2016The Malaysian government says it won’t approve financial aid to Proton Holdings Bhd until the ailing carmaker finds a strategic foreign partner.
CEO Says PSA Will Return to U.S. within 10 Years
4/5/2016CEO Carlos Tavares confirms Groupe PSA will return to the U.S. within a decade as it strives to reduce its reliance on sales in Europe.
India’s Interest Rates Drop to 5-Year Low
4/5/2016The Reserve Bank of India has cut its lending rate to commercial banks to 6.5% from 6.75%. The expected adjustment drops the central bank's rate to its lowest in five years.
Mini Adds Scissor Door Option
4/5/2016BMW AG is offering a scissor-door option for three-door versions of its Mini brand small cars.
FCA Recalls 15,500 SUVs to Fix Faulty Brake Calipers
4/5/2016Fiat Chrysler Automobiles NV is recalling nearly 15,000 SUVs to find eight vehicles that were fitted with a defective brake caliper.
VW May Miss April 21 Deadline on Diesel Deal
4/5/2016Volkswagen AG and the Environmental Protection Agency are in “really robust” discussion about settling VW's diesel emission cheating scandal, according to EPA Administrator Gina McCarthy.
PSA’s New Name: Groupe PSA
4/5/2016PSA Peugeot Citroen has changed its name to Groupe PSA, effective today.