Mexican Media Brands
Eurozone Inflation in October: 0.1%
11/16/2015Economic inflation in the eurozone improved from -0.1% in September to +0.1% in October, according to Eurostat.
Panasonic Launches Catalyst-Coated Diesel Particulate Filter
11/16/2015Panasonic Corp. says its Panasonic Ecology Systems Co. subsidiary will begin producing a new catalyst-coated diesel particulate filter in Suzhou, China, next month.
Hyundai Sonata Plug-In Hybrid to Start at $35,000
11/16/2015The plug-in hybrid version of Hyundai Motor Co.’s Sonata midsize sedan has a base price of $34,600, while the up-level Limited variant starts at $38,600.
Nissan Strikes Color Customization Note
11/16/2015Nissan Motor Co. is expanding its color studio personalization program to the 2016 Versa Note small car.
Germany: No Plan for Big EV Incentives
11/16/2015Germany’s transport ministry denies a Der Spiegel report that the government will offer incentives as great as €5,000 ($5,400) to buyers of electric vehicles.
VW Says 430,000 New Vehicles Have “Implausible” CO2 Ratings
11/16/2015Volkswagen Group reports that 430,000 of its 2016 models have “implausible” carbon dioxide ratings, indicating their true fuel efficiency is lower than reported.
UAW Reopens Talks with GM on Skilled Trades Pact
11/16/2015The United Auto Workers union has reopened contract talks with General Motors Co. on issues that prompted the union’s skilled trades members to reject the proposed four-year deal.
Oil Slides to Near $40 Per Barrel
11/16/2015Crude oil futures closed at $40.73 per barrel on the New York Mercantile Exchange on Friday, down $1.01, to cap an 8% decline for the week.
VW Seeks €20 Billion in Bridge Financing for Emissions Crisis
11/16/2015Volkswagen AG will begin meetings today with a dozen banks to arrange as much as €20 billion ($21.5 billion) in short-term loans to help cushion the impact of recalling more than 11 million vehicles that don’t meet emission standards, sources tell Bloomberg News.
VW Group Sales Drop 4%
11/13/2015Volkswagen Group reports its global sales declined to 831,300 units in October from 861,700 a year earlier, as a 7% gain in North America was offset by losses in all other major markets.