Mexican Media Brands
Cooper Standard Relocates Michigan Tech Center
10/25/2017Cooper Standard Holdings Inc. has opened a new Global Technology Center in Livonia, Mich.
Honda Unveils Sporty EV Concept
10/25/2017Honda Motor Co. took the wraps off its Sports EV concept car on Wednesday at the Tokyo auto show as part of the carmaker’s new electrification strategy.
Maserati Plans Second SUV
10/25/2017Maserati SpA is developing a second SUV/crossover model to help it expand sales and reach a goal of generating €1 billion ($1.2 billion) in annual pretax earnings.
Lexus Ponders Assembly Plant in India
10/25/2017The head of Toyota Motor Corp.’s Lexus luxury car unit tells The Economic Times that the brand is studying a plan to establish production in India.
Honda to Add 100 Hydrogen Fueling Stations in Japan
10/25/2017Honda Motor Co. plans to expand installations of its compact hydrogen fueling system in Japan from 15 to 100 by 2020.
Auto Industry Lobbies Trump to Save NAFTA
10/25/2017A coalition of trade groups that represent carmakers, parts suppliers and dealerships is pushing the view that more U.S. jobs will result from retaining the North American Free Trade Agreement than dumping it as the Trump administration threatens to do.
Mitsubishi Motors Will Double SUV Capacity in China
10/25/2017Mitsubishi Motors Corp. and partner Guangzhou Automobile Group plan to double the annual capacity of their SUV factory in Hunan, China, to more than 260,000 units by early 2019, The Nikkei reports.
Renault’s Revenue Jumps 16%
10/24/2017Renault SA reports that its revenue in July-September climbed to €12.2 billion ($14.5 billion) as sales rose 9% to 866,200 vehicles.
Toyota Rethinks Plan for New Factory in Mexico
10/24/2017Toyota Motor Corp. has abandoned plans to build Corolla sedans at an annual rate of 200,000 units in the $1 billion factory it intended to open in Guanajuato, Mexico, in 2019.
FCA Hikes Third-Quarter Net Earnings 50%
10/24/2017Strong sales in North America boosted third-quarter net earnings 50% to €910 million ($1.1 billion).