Mexican Media Brands
Thai Court Orders Ford to Pay $1 Million for Gearbox Woes
9/24/2018Ford Motor Co.’s sales and service unit in Thailand has been ordered to compensate 291 car owners a combined $23 million baht ($989 million) for a troublesome transmission.
China Accuses U.S. of Bullying as New Tariffs Take Effect
9/24/2018China’s State Council accuses the U.S. of brazen protectionism and false claims in a sharply worded retort to new tariffs that went into effect today on $200 billion worth of imported Chinese goods.
Calsonic Lines Up $5.9 Billion Bid for Magneti Marelli
9/24/2018Japanese parts supplier Calsonic Kansei has arranged about €5 billion ($5.9 billion) in bank funding for its bid to acquire Fiat Chrysler Automobile’s Magneti Marelli parts affiliate, sources tell Reuters.
Audi Readies A8-Based “Horch” Flagship Sedan
9/24/2018Audi AG reportedly is developing a new top-end version of its A8 large sedan that could debut as soon as 2020.
Fletcher Named VP of Innovation for GM
9/24/2018General Motors Co. has appointed Pamela Fletcher to the new position of vice president of innovation, effective Oct. 1.
Oil Prices Jump to 4-Year High
9/24/2018Oil futures neared a four-year high of $81 per barrel in Europe today after major oil producers outside the U.S. decided yesterday against raising output.
Report: Toyota to Add Android Auto in U.S.
9/24/2018Toyota Motor Corp. has finally agreed to add Google Inc.’s Android Auto smartphone connectivity system to its vehicles in the U.S., sources tell Bloomberg News.
Mercedes Will Launch Ride-Hailing Service at BASF Campus
9/24/2018Daimler AG’s Mercedes-Benz Vans unit has partnered with BASF SE to develop mobility programs for the chemical giant, starting with a ride-sharing service for a BASF campus in Ludwigshafen, Germany.
Ford Shows Autonomous Big Rig Concept
9/24/2018Ford Motor Co. took the wraps off an electric semi-truck with Level 4 autonomous driving capabilities at last week’s IAA commercial truck show in Hannover, Germany.
Lincoln to Revamp Stalled Subscription Service
9/24/2018Ford Motor Co.’s Lincoln brand reports very weak consumer interest in its vehicle subscription plan, which offers access to multiple models.