Mexican Media Brands
New Genesis Concept Previews Future Models
3/17/2016Hyundai Motor Co.’s newly formed Genesis unit says its new concept sports sedan previews the luxury sub-brand’s future design direction.
India: No Plan to Mandate Airbags
3/17/2016India’s Ministry of Road Transport and Highways says it has no plans to require airbags in passenger cars, The Economic Times reports.
China’s Baidu to Test Driverless Cars in U.S.
3/17/2016Baidu Inc.—often described as the Google of China—says it plans to begin testing self-driving cars in the U.S. later this year.
Fed Holds Interest Rates Steady
3/17/2016The Federal Reserve says it will continue its prime lending rate between 0.25% and 0.5% and suggests it won't raise them again until it sees more evidence that the American labor market is strengthening.
Tesla’s Top Communications Chief Leaves
3/17/2016Tesla Motors Inc. says Ricardo Reyes, its vice president of global communications, has left the company after 18 months in the post.
More Carmakers Agree to Add Automatic Braking Technology
3/16/2016Some 20 carmakers have agreed to install automatic emergency braking (AEB) systems on most U.S. models by September 2022 to help mitigate forward collisions, according to several media reports.
Skoda EV in the Works
3/16/2016Volkswagen AG’s Czech Republic-based Skoda arm plans to launch its first electric vehicle early next decade.
Chevy Silverado to Offer Dealer-Installed Trailer Cameras
3/16/2016In April General Motors Co. will begin offering a new blind-spot trailer camera system for Chevrolet Silverado fullsize pickup trucks.
UPS Expands CNG Program
3/16/2016United Parcel Services of America Inc. says it will build 12 more compressed natural gas (CNG) fueling stations and add 380 new CNG trucks to its alternative fuel and advanced technology fleet.
February Car Sales in Europe Jump 14%
3/16/2016February new-car deliveries across Europe surged to 1.1 million vehicles from 958,200 units in the same month last year, industry group ACEA reports.