Mexican Media Brands
Ford Declares Special Dividend
1/13/2016Ford Motor Co.’s board has declared a special dividend of 25 cents per share on top of the company’s regular quarterly payout of 15 cents.
French Court Sentences Two Ex-Goodyear Workers for “Bossnapping”
1/12/2016Two former workers at a Goodyear Tire & Rubber Co. factory in Amiens, France, have been given two-year prison sentences for holding two managers hostage in 2014, the Financial Times report
California Rejects VW’s Proposed Diesel Fix
1/12/2016The California Air Resources Board has rejected Volkswagen AG’s hope of using a software update to bring thousands of its diesel-powered vehicles into compliance with the state’s emission standards.
Vehicle Sales in China Rose to 24.6 Million Units in 2015
1/12/2016Wholesale deliveries of cars and commercial vehicles in China grew 5% to 24.6 million units last year, according to the China Assn. of Automobile Manufacturers.
VW Says €6.7 Billion Will Cover Repairs for All Cheater Diesels
1/12/2016Volkswagen AG says the €6.7 billion ($7.3 billion) it budgeted previously should be enough to repair 11 million diesels that were rigged to evade emission tests.
New Lincoln Continental Targets China Market
1/12/2016Ford Motor Co. took the wraps off the production version of its all-new Lincoln Continental flagship model today at the Detroit auto show.
Hyundai Ponders Mexico Production for New Small Car
1/12/2016Hyundai Motor Co. intends to build its redesigned Accent small car in the new assembly plant its Kia Motors Corp. affiliate plans to open in Monterrey, Mexico, in May, sources tell Reuters.
Audi Powers Up Fuel Cell Concept
1/12/2016Volkswagen AG’s Audi unit presented a new fuel cell-powered concept vehicle this week at the Detroit auto show.
Aston Martin Considers Macedonia for Crossover Plant
1/12/2016Macedonia has joined Alabama, the Middle East and the U.K. as possible locations for an Aston Martin Lagonda Ltd. factory to make the company’s upcoming DBX crossover vehicle.
GM to Import Chinese-Made Cadillac Plug-in Hybrids
1/12/2016General Motors Co. plans later this year to ship plug-in hybrid versions of its just-introduced Cadillac CT6 sedan from China to the U.S., says Uwe Ellinghaus, the brand’s marketing chief.