Mexican Media Brands
TomTom Sells Telematics Unit to Bridgestone
1/22/2019Location services provider TomTom International BV has agreed to sell its telematic fleet management operations to tiremaker Bridgestone Corp.’s European unit for €910 million ($1 billion).
IMF Lowers Global Growth Forecast Again
1/22/2019The International Monetary Fund predicts the global economy will expand by 3.5% this year, down from last year’s 3.7% and the 3.7% the predicted in October.
Lishen to Supply EV Batteries for Tesla’s Plant in China
1/22/2019China’s Tianjin Lishen Battery Co. has signed a preliminary deal to supply batteries for electric cars made in the $2 billion factory Tesla Inc. is building in Shanghai, Reuters reports.
Japanese Court Rejects Ghosn’s Latest Plea for Bail
1/22/2019A court in Tokyo has again rejected Carlos Ghosn’s bail request, making it less likely that the former Nissan Motor Co.
Report: GM to Kill Chevy Sonic
1/21/2019General Motors Co. likely will discontinue the slow-selling Chevrolet Sonic small car in the U.S. this year, according to The Wall Street Journal.
Tesla to Replace Takata Airbag Inflators in China
1/21/2019Tesla Inc. is recalling 14,100 of its Model S electric sedans in China to replace passenger-side frontal airbags whose Takata Corp. inflators could explode, says the country’s Administration of Market Regulation.
IAC Beefs Up Leadership Team
1/21/2019Interiors specialist International Automotive Components Group has hired four executives as part of a realignment that adds new chief technical officer and chief supply chain officer positions.
PSA Opens Powertrain R&D Center
1/21/2019PSA Group is opening a powertrain center of excellence in Carrieres-sous-Poissy, France.
Germany Mulls Options to Reduce Emissions
1/21/2019Germany is considering several initiatives to meet European emissions requirements, Reuters reports.
Maruti Suzuki to Hike Capacity 25% in India
1/21/2019Maruti Suzuki India Ltd. says it aims to boost its annual carmaking capacity to 2.2 million units in by 2020 from 1.75 million currently.