Mexican Media Brands
Moody’s Hikes Credit Rating for Ford
2/17/2016Moody’s Investors Service has raised its credit rating for Ford Motor Co. and its Ford Credit finance subsidiary one step further into investment grade—its highest rating for the company since 2005.
More Bimmers to Get Touchscreens
2/17/2016BMW AG will expand the use of touchscreen infotainment systems, which debuted recently on the company’s flagship 7 Series sedan, to its X5 and X6 crossover/SUV models later this year, according to BMW Blog.
GM Names New Opel Production Chief
2/17/2016General Motors Co. has appointed Phil Kienle to oversee manufacturing for Opel/Vauxhall beginning March 1. He currently heads manufacturing for GM International and GM China.
Renault to Produce Nissan NV300 Van in France
2/17/2016Renault SA is preparing to build the next-generation Nissan NV300 commercial van at its factory in Sandouville, France.
GM Powertrain Gets a New Name
2/17/2016GM Powertrain is dead. Long live GM Global Propulsion Systems.
Aston Martin to Partner with China’s LeEco on New EV
2/17/2016Aston Martin Lagonda Ltd. has signed a memorandum of understanding with the automotive arm of Chinese consumer electronics giant LeEco (formerly LeTV) to launch a production version of the British carmaker’s RapidE concept electric vehicle by 2018.
FCA Plans New Production Cut at Maserati Plant
2/17/2016Fiat Chrysler Automobiles NV will again suspend production of Maserati Ghibli and Quattroporte high-performance luxury cars in Turin because of slow sales.
Murata Develops High-Heat Electrical Capacitor
2/17/2016Japan’s Murata Manufacturing Co. has developed a new and more compact ceramic capacitor that can withstand higher temperatures, allowing more flexibility in placing electronic control units under the hood.
Ford Could Add Ka, EcoSport Production in Romania
2/17/2016Ford Motor Co. is studying plans to add production of its EcoSport mini-crossover vehicle and/or next-generation Ka minicar in Craiova, Romania, company sources tell the country’s Ziarul Financiar business daily.
Hyundai Names Head for Genesis Luxury Brand in U.S.
2/17/2016Hyundai Motor Co. has named Erwin Raphael to become the first U.S. general manager of its new Genesis luxury brand, effective March 1.