Mexican Media Brands
Nissan Will Lay off 1,000 Workers in Mexico
12/20/2018Nissan Motor Co. says “challenging market conditions” are pushing it to cut production and lay off a combined 1,000 hourly workers at two factories in Mexico.
BASF Touts Lidar-Friendly Coatings
12/20/2018Chemical giant BASF SE says it has developed a coating technology to help lidar sensors in autonomous cars better detect nearby dark-colored vehicles.
Oil Prices Just Keep Sliding
12/20/2018The price of oil futures continues to drop on trader worries that global demand will shrink faster than producers cut their output.
Fate of GM’s Lordstown Plant, Others Tied to 2019 Labor Talks
12/20/2018General Motors Co. reiterates that the future of its assembly plant in Lordstown, Ohio, will be settled by talks with the United Auto Workers union next summer.
Nidec to Add EV Motor Factories in Mexico, Poland
12/20/2018Japan’s Nidec Corp. says it will build factories in Mexico and Poland to make propulsion motors for electric vehicles.
VW Brand Predicts €1 Billion Revenue from Online Services
12/20/2018Volkswagen AG’s VW brand says it expects to generate €1 billion ($1.1 billion) in annual revenue by 2025 from the global wireless services network it is building.
Opel Names Cobo as Production Chief
12/20/2018PSA Group’s Opel/Vauxhall unit has appointed Antonio Cobo as vice president of manufacturing and supply chain, effective Jan. 1.
Former GM Exec to Lead Hennessey’s Quest for Speed Record
12/20/2018Houston-based tuner Hennessey Performance Engineering has tapped former General Motors Co. engineering executive John Heinricy to take over the development of the company’s ultra-fast Venom F5 hypercar.
Nissan Says Its CEO Met with Counterpart at Renault
12/20/2018Nissan Motor Co. says CEO Hiroto Saikawa did hold a one-on-one meeting this week with Renault Deputy CEO Thierry Bollore to discuss the Ghosn management crisis.
UPDATE: Court Says “No” to More Jail Time for Ghosn
12/20/2018A court in Tokyo ruled earlier today against extending the jail time for ex-Nissan Chairman Carlos Ghosn, who has been detained since Nov. 19.