Mexican Media Brands
India’s Motherson Sumi Buys French Interiors Supplier
4/5/2018India’s Motherson Sumi Systems Ltd. has agreed to pay $201 million to acquire Reydel Automotive Group, a Paris-based maker of interior systems.
BMW Will Test Subscription Plan in Nashville
4/5/2018BMW AG is the latest carmaker to test a program that replaces traditional car ownership with a monthly subscription that enables customers to repeatedly swap vehicles across a range of models.
U.S. Floats Option to Modify NAFTA Local Content Demand
4/5/2018U.S. trade negotiators working to update NAFTA reportedly are proposing to replace their call for more local content in vehicles with a range of targets for different components.
EPA Drops Biofuel Quotas for Small Refineries
4/4/2018The U.S. Environmental Protection Agency has waived a federal mandate for 25 small refiners that requires operators to blend 10% ethanol and other biofuels into their fuel.
VW to Launch its First SUV in Brazil Next Year
4/4/2018Volkswagen AG says it will spend 2 billion reais ($599 million) to launch production of its all-new T-Cross small SUV/crossover vehicle in Brazil.
End of the Line for Four Chevy and Ford Models?
4/4/2018General Motors Co. and Ford Motor Co. plan to drop several cars from their U.S. lineups as the market continues to switch to more profitable crossover models, according to The Wall Street Journal.
Ex-Tesla Exec to Head VW’s EV Operations in N. America
4/4/2018Volkswagen of America Inc. has hired Matthew Renna as vice president in charge of the company’s G4 electrified vehicle team in North America, effective April 16.
Future Infiniti Hybrids to Get All-Wheel Drive
4/4/2018Nissan Motor Co.’s upscale Infiniti unit plans to use an all-wheel-drive configuration for future hybrid-electric models.
5 Small SUVs Get “Good” IIHS Rating, Ford Escape Flunks Test
4/4/2018Five of seven small SUV/crossovers have received a “good” rating in the latest round of demanding crash tests by the Insurance Institute for Highway Safety.
Porsche Acquires Stake in Smartphone App Developer
4/4/2018Porsche AG’s Porsche Digital GmbH subsidiary has purchased a minority stake in Anagog Ltd, an Israeli start-up that provides location-based sensor technology for smartphone apps.