Mexican Media Brands
Renault-Nissan-Mitsubishi Invests in Canadian Mobile App Company
11/5/2018The Renault-Nissan-Mitsubishi alliance has made an unspecified investment in Transit App Inc., a Canadian startup that helps people navigate city transport options.
Tax Break Doubles Ferrari’s Net Earnings
11/5/2018Ferrari NV reports that a one-time tax deal in Italy doubled its net earnings in the third quarter to €287 million ($327 million).
Mazda Partners on Algae Biofuel Research in Japan
11/5/2018Mazda Motor Corp. is teaming up with researchers at Hiroshima University and Tokyo Institute of Technology to develop micro-algae biofuels for next-generation piston engines
GM Readies E-Bikes
11/5/2018General Motors Co. plans to introduce a pair of electrified bicycles next year.
Bentley Touts High-Speed Wi-Fi Capability
11/5/2018Volkswagen AG’s Bentley unit claims its new Advanced Connectivity wi-fi system will provide the world’s fastest, most reliable and secure in-vehicle internet service.
Conti to Open Electronics Plant in Mexico
11/5/2018Continental AG plans to open a 258,000 sq-ft electronic components plant in Aguascalientes, Mexico, in 2020.
Subaru Lowers Outlook as Sales, Earnings Drop
11/5/2018Subaru Inc. reports its net income in the first half of its fiscal year ended Sept. 30 fell 48% to 44.3 billion yen ($391 million).
VW Strategy Would Curb Audi’s Role as Development Hub
11/5/2018Volkswagen AG will consider a 10-year business strategy that call for more collaboration with rival carmakers and less reliance on the group’s Audi brand for product development leadership.
Cadillac Will Halt, Relaunch Subscription Plan
11/5/2018General Motors Co.’s Cadillac brand confirms it will suspend its “Book by Cadillac” subscription service on Dec. 1, then relaunch a revised version of the program a few months later.
SEC Subpoenas Tesla’s Production Records
11/5/2018Tesla Inc. confirms that its production statistics for the Model 3 electric sedan have been subpoenaed by the U.S. Securities and Exchange Commission.