Mexican Media Brands
Bosch Hikes Investment in AI Startup
5/1/2018Robert Bosch GmbH’s venture capital unit has increased its investment in Allegro.AI, a Ramat-Gan, Israel-based development firm that specializes in deep-learning software.
U.S. Proposes Labor Cost Targets, 4-Year Phase-in for NAFTA Content Rules
5/1/2018NAFTA trade negotiators from Canada and Mexico are reviewing a new U.S. proposal to impose wage goals on carmakers and give companies four years to hit higher local content targets.
Mitsubishi Motors to Resume Exports to Vietnam
5/1/2018Mitsubishi Motors Corp. plans to relaunch vehicle shipments to Vietnam in June, six months after the country imposed new quality certification rules.
EU, Canada, Mexico Get New Reprieve on U.S. Tariffs
5/1/2018The Trump administration has delayed for another 30 days a decision about imposing tariffs on aluminum and steel from the European Union, Canada and Mexico.
PSA’s DS Brand Joins the Rush to Electrification
5/1/2018PSA Group’s DS brand says every new model it introduces starting in 2025 will be equipped with a plug-in hybrid or all-electric powertrain.
GM Korea Predicts a Profit in 2019
4/30/2018General Motors Co.’s South Korean unit says the bailout agreement it reached last week should enable GM Korea to post a profit beginning in 2019.
Magna/Innoviz Win Lidar Deal with BMW
4/30/2018Magna International Inc. and partner Innoviz Technologies Ltd. say they have won a contract with BMW AG to supply Innoviz’s solid-state lidar sensors on semi- and fully autonomous vehicles.
Toyota’s China Venture to Debut Its First EV This Year
4/30/2018Toyota Motor Corp. is accelerating plans to introduce all-electric vehicles in China with a model later this year that will carry the brand of local partner Guangzhou Automobile Group.
Brembo Sees Shift to Electric Brakes, Carbon Discs
4/30/2018Next-generation brakes will be colorful and increasingly lighter, more aerodynamic and electrified, predicts Italian braking specialist Brembo SpA.
Report: VW in Talks to Manage DiDi Fleet of Ride-Hailing Cars
4/30/2018Volkswagen AG is expected to sign a deal within weeks to manage part of the fleet of ride-hailing cars operated by Beijing-based DiDi Chuxing Technology Co.