Mexican Media Brands
Michelin’s Income Climbs 19%
2/16/2016Michelin & Cie. reports its operating income before special items grew to €2.6 billion ($2.9 billion) in 2015 from €2.2 billion in the previous year.
5% Growth in Car Sales Expected in Indonesia This Year
2/16/2016Domestic passenger car sales in Indonesia will grow 5% to about 1.1 million units in 2016, buoyed by the government's target for 5.3% growth in gross domestic product this year, predicts the Assn. of Indonesia Automotive Industry (Gaikindo). The increase would reverse last year’s 16% drop to 1 million units.
Mahindra Launches $1.2 Billion Expansion Program
2/16/2016Mahindra & Mahindra Ltd. says in a regulatory filing it plans to spend 80 billion rupees ($1.2 billion) over the next seven years to develop new products and expand capacity in India.
Mercedes Debuts New Family of Aluminum Diesels
2/15/2016Daimler AG’s Mercedes-Benz unit says its new 2.0-liter four-cylinder engine is lighter, more efficient and more powerful than the 2.1-liter diesel it replaces.
Honda Details Latest Takata Airbag Inflator Recall in U.S.
2/15/2016Honda Motor Co. says this month’s expanded U.S. recall to replace airbag inflators supplied by Takata Corp. will target two-stage drive-side devices in more than 2.2 million of its vehicles.
Chase Elliott Becomes Youngest Daytona 500 Pole-Setter
2/15/2016Rookie Chase Elliott had the fastest lap (196.314 mph) in Sunday’s time trials to earn the pole position in next week’s Daytona 500 stock car race.
U.S. Car Dealers Set New Per-Store Sales Record
2/15/2016New-car dealers in the U.S. sold an average 966 vehicles per store in 2015, their fourth consecutive record high, according to Urban Science Inc.
New SEAT Crossover Vehicle Gets Autonomous Vehicle Features
2/15/2016SEAT’s all-new Ateca crossover vehicle—the brand’s first model in the segment—will feature a variety of advanced safety systems, including several autonomous vehicle technologies.
EPA Says Racers Are Safe from Emission Rules
2/15/2016The Environmental Protection Agency doesn’t plan to go after car racers over violating emission rules after all, Automotive News reports.
Google Scouting for Michigan R&D Location?
2/15/2016Google Inc. is evaluating locations in suburban Detroit—including Ann Arbor, Farmington Hills, Southfield and Troy—to set up a new research and development center for autonomous vehicles.