Mexican Media Brands
Report: VW Knew a Year Ago That Some Cars Had Bogus CO2 Ratings
11/30/2015Volkswagen AG’s top executives knew last year—not a few weeks ago as claimed—that several of the company’s vehicles fell significantly below their rated fuel efficiency, an unnamed source tells Germany's Bild am Sonntag.
Toyota Bolsters Lead as World’s Largest Carmaker
11/30/2015Toyota Motor Corp. fortified its position as the world's highest-volume carmaker in October by outselling second-place Volkswagen AG 860,000 units to 831,300, according to company reports.
VW Can Save $2 Billion with Fewer Models and Trim Levels
11/30/2015Volkswagen AG has identified steps to cut €1.9 billion ($2 billion) in costs by reducing the number of VW brand models and trim packages it offers, says Bernd Osterloh, the company’s top labor representative.
VW Predicts Diesel Fixes Won’t Hurt Performance
11/27/2015Volkswagen AG expects the relatively simple fixes it proposes for its 1.6- and 2.0-liter diesels will bring the engines into compliance with German emission standards without hurting power, fuel efficiency or performance.
Consumer Confidence Waivers in Germany
11/27/2015German consumers continue to express “very pronounced” willingness to buy. But a closely tracked index of their confidence in the future fell for the fourth consecutive month, indicating a rising sense of caution among buyers.
Mercedes Touts Three-Prong Approach to Production
11/27/2015Daimler AG’s Mercedes-Benz Cars unit tells Bloomberg News it will manage capacity expansion with a three-option system that includes working with joint ventures, hiring contract assemblers and adding its own facilities when necessary.
California Orders VW to Submit Recall Plan for V-6 Diesels
11/26/2015The California Air Resources Board has given Volkswagen AG 45 business days to submit a plan to bring its V-6 diesels into compliance with the state’s emission laws.
Truck Sales Climb 7% in Europe in October
11/26/2015Registrations of new commercial vehicles across Europe grew to 195,400 units last month from 183,500 in October 2014, reports industry group ACEA.
Philippines to Probe Sudden Acceleration Claims
11/25/2015Government officials in the Philippines are preparing to investigate complaints that Mitsubishi Motors Corp.’s Montero Sport SUVs can suddenly accelerate.
PSA Will Add DS 4S Production in China in 2016
11/25/2015PSA Peugeot Citroen says its upscale DS brand will begin local production of a China-specific model, the 4S five-door hatch, early next year at its factory in Shenzhen.