Mexican Media Brands
Tesla’s 4Q Loss Triples
2/10/2016Tesla Motors Inc. hiked revenue 27% to $1.2 billion in the fourth quarter of 2015. But its net loss for the period ballooned to $320 million from $108 million a year earlier.
Fed Sees Risks to U.S. Economic Growth
2/10/2016Federal Reserve Chair Janet Yellen tells Congress the financial climate in the U.S. has “become less supportive of growth,” hinting that the central bank may delay plans to make several small interest rate increases in 2016.
UPDATE: BMW Readies Plan to Replace 840,000 Takata Airbag Inflators
2/10/2016BMW AG says it will recall about 840,000 of its vehicles in the U.S. to replace Takata Corp. airbag inflators that could explode.
Smartphone App Helps Ford Quality Inspectors
2/10/2016Ford Motor Co. says a new smartphone application allows plant workers to complete vehicle quality checks seven seconds faster and reduces human errors by about 7% compared with traditional paper-based inspection processes.
New Civic Hatchback on Tap for Geneva Debut
2/10/2016Honda Motor Co. will preview the hatchback version of its 10th-generation Civic compact car with a prototype model at next month’s Geneva auto show.
Judge Rejects Bid to Replace GM Ignition Switch Lead Lawyer
2/10/2016A federal judge in New York City has rejected a request to replace the lead lawyer negotiating nearly 1,400 settlements for victims of defective General Motors Co. ignition switches.
VW Group to Recall 850,000 Vehicles with Takata Airbag Inflators
2/10/2016Volkswagen AG plans to recall about 170,000 Audi and 680,000 VW brand vehicles in the U.S. to replace Takata Corp. driver-side airbag inflators that could explode when triggered by a crash.
Nissan’s Quarterly Profits Rise 25%
2/10/2016Nissan Motor Co. reports its net profit in its fiscal third quarter ended Dec. 31 jumped to 127 billion yen ($1.1 billion) from 102 billion yen in the same period in 2014.
V-6 Added to Camaro Track Package
2/10/2016General Motors Co. will offer a track-ready performance package for V-6-powered Chevrolet Camaro LT coupes for the first time, starting with 2017 models late this year.
Renault to Export Indian-Made Kwid Crossover to Brazil
2/10/2016Next month Renault SA plans to begin exporting its popular entry-level Kwid crossover from India to Brazil, the Mumbai-based Economic Times reports.