Mexican Media Brands
“Sizable Distance” Remains Over U.S.-China Trade Accord
2/7/2019China and the U.S. are still far apart on an agreement to end their tariff war and have no high-level meetings planned to finalize a deal before a possible escalation three weeks from now.
FCA Reports Sales, Earnings Gains But Tepid Outlook
2/7/2019Fiat Chrysler Automobiles NV reports fourth-quarter growth in revenue, operating results and net profit. But it also forecasts only mild gains this year.
Finland Targets 30% Biofuel Use by 2029
2/7/2019The Finnish Parliament has passed a law requiring that the use of biofuels in road vehicles must reach 30% by 2029.
Renault Helped Pay Ghosn’s Wedding Costs
2/7/2019Renault SA says an internal probe discovered that the company paid a portion of the costs for a wedding reception for then-Chairman and CEO Carlos Ghosn.
JLR Profits Plunge on Asset Writedowns
2/7/2019Jaguar Land Rover Ltd. reports that its unit sales, revenue, earnings, operating margin and net profit all shrank in the fiscal third quarter ended Dec. 31.
Ford Adds Jobs, $1 Billion Investment at Chicago SUV Plants
2/7/2019Ford Motor Co. is expanding its assembly and stamping plants in Chicago ahead of the launch of three all-new SUV models later this year.
Report: Nissan Doesn’t Want to Share Its Chairman with Renault
2/7/2019Nissan Motor Co. won’t support Renault SA’s suggestion that its new chairman also serve as chairman of the Japanese carmaker, a source tells Bloomberg News.
Toyota Freshens Tacoma Pickup
2/7/2019Toyota Motor Corp. is giving its Tacoma midsize pickup truck a mid-cycle makeover that includes trim-dependent styling tweaks, new tech features and an updated interior.
Denso Invests in Edge-Computing Startup
2/7/2019Denso Corp.’s Nsitexe Inc. subsidiary has acquired an unspecified stake in Quadric.io, a Burlingame, Calif.-based startup that specializes in edge computing.
Volvo Profits Stall as Sales Zoom
2/7/2019Volvo Car Corp. saw revenue climb 21% to 253 billion kronor ($27.5 billion) last year, as unit sales rose 12% to a record 642,300 vehicles.