Mexican Media Brands
VW Vows to Focus on Profits, Not Volume
10/29/2015Volkswagen Group is developing a new business plan that will shift the company’s focus from sales volume to profitability, according to new CEO Matthias Mueller. “We need a culture of openness and cooperation,” he adds.
Bimmer Fuel Cell Model Targeted After 2020
10/29/2015BMW AG hopes to introduce its first fuel cell-powered car early next decade, Reuters reports.
U.S. Economic Growth Slows to 1.5%
10/29/2015Real gross domestic product in the U.S. grew by 1.5% in the third quarter compared with 3.9% in the second quarter, the Dept. of Commerce estimates.
Conti Struts Lightweight Stuff for New Caddy CT6
10/29/2015Continental AG’s ContiTech Vibration Control unit says its new fiberglass-reinforced spring strut mount is 25% lighter than traditional steel or aluminum units.
Yamaha Shows Motorcycle-Like Sporty Concept Car
10/29/2015Yamaha Motor Co. unveiled its Sports Ride subcompact concept car at this week’s Tokyo auto show.
Porsche SE Slashes Outlook on VW Diesel Crisis
10/29/2015Porsche Automobil Holding SE, which owns a majority stake in Volkswagen AG, says its profit in 2015 will drop at least 50% because of the cost to VW of repairing some 9 million vehicles equipped with diesel engines the carmaker rigged to cheat emission tests.
UAW-GM Pact Would Boost Bonus, Wages, Plant Investments
10/29/2015The tentative contract between the United Auto Workers union and General Motors Co. would increase the signing bonus, hike wages and inject $1.6 billion into a dozen of the company’s manufacturing operations, according to the union.
FCA Mulls Ram SUV
10/28/2015Fiat Chrysler Automobile NV's Ram truck unit may expand into the full-size SUV market to compete against the Chevrolet Suburban and Ford Expedition.
Maruti Suzuki Steps Up Move to Safety Systems in All Models
10/28/2015Maruti Suzuki India Ltd., India’s largest carmaker, says it aims to standardize safety features in all its models, beginning with the Baleno hatchback launched this week.
EU Members Sharply Divided Over Real-World Emission Tests
10/28/2015Members of the European Union remain deeply divided over how to proceed with a European Commission plan to check emission levels achieved in government certification tests against real-world performance, Reuters reports.