Mexican Media Brands
UPDATE: Takata Will Pay U.S. Carmakers $182 Million for Airbag Inflator Recalls
4/4/2018A fund set up to help carmakers pay for recalling explosion-prone Takata Corp. airbag inflators will distribute $182 million to General Motors, Ford and Fiat Chrysler Automobiles.
Optimism Fades in Japan Over U.S. Trade Policy
4/4/2018Confidence among manufacturers in Japan has declined for the first time in two years over worries about the global impact of U.S. protective tariffs, according to a Bank of Japan survey.
Acura’s Touchpad Interface Debuts in RDX Crossover
4/4/2018Honda Motor Co.’s Acura unit is introducing its new touchpad infotainment control system in its 2019 RDX crossover vehicle.
UPDATE: U.S. Threatens 25% Tariffs on 1,300 Products from China
4/4/2018The U.S. says it intends to impose 25% import tariffs on about 1,300 transport, consumer electronics, technology and medical products from China.
Activist Hedge Fund Targets Hyundai for Reforms
4/4/2018The Hong Kong affiliate of activist hedge fund Elliott Advisors Corp.’s says it has amassed more than $1 billion worth of shares in Hyundai Motor Group and plans to push the South Korean carmaker for reforms.
UPDATE: PSA to Expand Van Production in U.K.
4/4/2018PSA Group has ended a British vanmaking venture between its Vauxhall unit and Renault SA, freeing capacity to build more of its own vans.
Trump Pushes for Quick NAFTA “Provisional” Agreement
4/3/2018The Trump administration hopes to declare conditional victory as early as next week in the continuing North American Free Trade Agreement negotiations, sources tell Bloomberg News.
U.S. Car Sales Grow 6%
4/3/2018Deliveries of cars and light trucks in the U.S. last month climbed to 1.65 million units compared with 1.56 million vehicles in March 2017.
Conti, Osram Finalize Lighting JV
4/3/2018German suppliers Continental AG and Osram Licht GmbH have finalized plans for to 50:50 automotive lighting venture they announced last November.
Next-Gen Mercedes AMG C63 to Get Hybrid Power
4/3/2018Daimler AG’s Mercedes-AMG unit will use a hybrid-electric powertrain on its next-generation C63 sedan.