Mexican Media Brands
VW Apologies for Rigged Diesel Fume Tests on Monkeys
1/29/2018Volkswagen AG has apologized for a “lack of judgment” in helping to fund lab tests that exposed 10 monkeys to diesel fumes.
Still a Future for Dedicated Short-Range Communications?
1/26/2018Super-fast 5G cellular service will debut in select markets later this year in the U.S. But there still could be a future in automotive for competing dedicated short-range communication (DSRC) technologies.
New Suitors Emerge for GKN’s Automotive Unit
1/26/2018Roughly a dozen companies have expressed interest in buying GKN plc’s automotive business, sources tell the Financial Times.
Alfa Romeo Narrows Losses
1/26/2018Fiat Chrysler Automobiles NV’s Alfa Romeo brand is narrowing its losses but won’t become profitable until at least next year, according to CEO Sergio Marchionne.
Moody’s Forecasts Growth, Low-Returns for EVs
1/26/2018Electric vehicles will grow from less than 1% of the global new vehicle market today to more than 7% in the mid-2020s and as much as 19% by the end of next decade, according to a report by Moody’s Investors Service.
Reports: Mahle CEO Scheider to Take Over at ZF
1/26/2018Wolf-Henning Scheider, currently CEO of engine parts supplier Mahle GmbH, has been chosen to take on the same position at ZF Friedrichshafen AG, according to media reports in Germany.
Lear Posts Record Revenue, Income
1/26/2018Lear Corp.’s sales and adjusted net income in 2017 set record highs in the fourth quarter and full year.
PSA Threatens to Move Opel Production from Zaragoza
1/26/2018PSA Group says it might assign production of the next-generation Opel Corsa small car elsewhere unless workers at its factory in Zaragoza, Spain, agree to make the facility more productive.
Scania Agrees to Invest €10 Million in Swedish Battery Factory
1/26/2018Commercial truckmaker Scania AB says it will invest €10 million ($12 million) in a plan to erect a giant factory in Sweden to make “green” lithium-ion battery cells for electric vehicles.
China’s DiDi Chuxing Touts Smart Transportation System
1/26/2018Beijing-based DiDi Chuxing says the “smart transportation brain” platform it launched in early 2017 is being used in 20 Chinese cities.