Mexican Media Brands
VW Truck & Bus Group Renamed Traton
8/31/2018Volkswagen AG’s Truck & Bus subsidiary has been renamed Traton AG.
Report: Lyft Hires IPO Advisor
8/31/2018Lyft Inc. has hired Class V Group to help plan for an initial public stock offering, sources tell Bloomberg News.
Renesas in Talks to Buy U.S. Chipmaker
8/31/2018Tokyo-based chipmaker Renesas Electronics Corp. is considering buying U.S. rival Integrated Device Technology Inc.
Trump on EU Offer to Drop Tariffs: “Not Good Enough”
8/31/2018President Donald Trump tells Bloomberg News that an offer made hours earlier by the European Union to eliminate its 10% tariff on foreign cars is “not good enough.”
Nissan Recalls 166,000 Vehicles to Replace Faulty Ignition Switch
8/30/2018Nissan Motor Co. is calling back 166,000 cars, crossovers and vans in Canada and the U.S. to replace ignition switches that could be jolted out of the “on” position while the vehicle is moving.
Magna Forms JV with Micro-LED Startup
8/30/2018Magna International Inc.’s electronics subsidiary has formed a joint venture with Rohinni LLC, a 5-year-old Idaho startup that specializes in ultra-bright micro-LED technology.
Report: Trump Eager to Announce $200 Billion in China Tariffs
8/30/2018President Donald Trump is likely next week to approve 10%-25% tariffs on $200 billion worth of Chinese goods, multiple sources tell Bloomberg News.
Chery EV for Europe at Least Two Years Away
8/30/2018China’s Chery Automobile Co. says its first electrified model for the European market won’t arrive until at least 2020.
Half of VW-Brand Models Don’t Meet New Emission Rules
8/30/2018Volkswagen AG tells reporters that seven of its VW brand’s 14 main product lines have not yet shown they meet Europe’s new WLTP emission standard that takes affect on Sept. 1.
EU Offers to Drop Tariffs on U.S. Cars
8/30/2018The European Union says it would be willing to drop its 10% import tax on vehicles from the U.S. if the U.S. agreed to do the same on vehicles it imports from Europe.