Mexican Media Brands
High-Output Subaru Headed to U.S.
1/15/2019Subaru Corp. developed the limited-edition WRX STI S209 sports wagon specifically for the U.S., marking the first time the carmaker will offer an S-tuned model outside of Japan.
Korea Fines Toyota for Deceptive Safety Advertising
1/15/2019South Korea’s Fair Trade Commission has fined Toyota Motor Corp. $729,000 for misrepresenting the safety of its RAV4 crossover vehicles.
Goodyear Issues Third Profit Warning
1/15/2019Goodyear Tire & Rubber Co. has lowered its guidance for operating income in 2018 to slightly below $1.3 billion.
PSA Sets Sales Record for 2018
1/15/2019PSA Group reports that its worldwide vehicle sales climbed 7% to a record 3.88 million units in 2018, thanks to booming demand in Europe.
Judge Rejects Ghosn’s Request for Bail
1/15/2019A district court in Tokyo turned down Carlos Ghosn’s request to be released on bail after nearly two months in jail on charges of financial misconduct.
Ford, VW Confirm Collaboration on Vans, Pickup Trucks
1/15/2019As expected, Ford Motor Co. and Volkswagen AG have agreed to partner on designing and building commercial vans and midsize pickup trucks.
Global Light Vehicle Sales Shrank Last Year
1/15/2019Worldwide sales of light vehicles dropped 7% in December, resulting in the market’s first full-year decline since 2009, LMC Automotive reports.
Iteris, Cisco Partner on Smart City Initiatives
1/15/2019Iteris Inc., a provider of applied transportation data, is teaming with Silicon Valley tech giant Cisco Systems Inc. on several traffic management and smart city initiatives.
Marchionne, Dauch, Guthrie, Ryan Named to Hall of Fame
1/15/2019The Automotive Hall of Fame is adding Sergio Marchionne, Dick Dauch, Janet Guthrie and Pat Ryan to its ranks this year.
ZF, Nvidia Team Up on Level 4 Autonomous Car Computer
1/15/2019ZF Friedrichshafen AG says its new ProAI RoboThink central control unit will be the most powerful in-vehicle supercomputer aimed at Level 4 autonomous driving and mobility-as-a-service applications.