Mexican Media Brands
Hyundai Hikes Investment in Grab, Plans EV Fleet
11/7/2018Hyundai Motor Co. is investing an additional $250 million into ride-share service Grab Taxi Holdings Pte Ltd. and will launch an electric-car test with the company in Singapore next year.
U.S. Closes Probe Into Ford Police Vehicle Brake Failures
11/7/2018The U.S. has closed an investigation into reports of abrupt brake failures in Ford Explorer Police Interceptor SUVs.
VW Readies Small Pickup Truck for Brazil
11/6/2018Volkswagen AG says the Tarok compact pickup truck it unveiled in preproduction form yesterday will launch “soon” in Brazil.
GM to Continue Outgoing Pickup Models through 2019
11/6/2018General Motors Co., which launched the all-new Chevrolet Silverado and GMC Sierra pickup trucks this summer, will continue to produce the outgoing (K2 generation) models through late 2019.
LMC Trims Sales Outlook for Western Europe
11/6/2018New-car sales in western Europe are likely to total a downwardly revised 14.41 million vehicles in 2018, up only 110,000 units from last year’s total, says LMC Automotive.
Daimler Battery Subsidiary Accelerates Expansion
11/6/2018Daimler AG says its Deutsche Accumotive GmbH lithium-ion battery operations in Kamenz, Germany, will employ 1,000 people by year-end, doubling its workforce nearly one year earlier than planned.
Audi Adds Customization with Partial Matte Finish
11/6/2018Volkswagen AG’s Audi unit is launching the first volume production application of a partial matte paint finish on its Q2 small crossover and R8 supercar.
Oil Prices Sink to 7-Month Low
11/6/2018The price of petroleum has dropped to a seven-month low in the past week, apparently because of efforts by President Donald Trump to reverse a run-up in prices caused by impending U.S. sanctions against Iran.
U.S. Opens Probe on GM Windshield Wiper Failures
11/6/2018The U.S. is investigating whether General Motors Co. should recall 1.7 million SUVs because their windshield wiper systems may fail.
Schaeffler Will Close 2 U.K. Plant Over Brexit Worries
11/6/2018Schaeffler Group says it will close two factories in the U.K. and move their production to facilities in China, Germany, South Korea and the U.S. over the next two years.