Mexican Media Brands
Merkel: Germany Will Double Diesel Cleanup Fund to €1 Billion
9/5/2017Chancellor Angela Merkel has confirmed earlier reports that the German government intends to double a fund to clean up diesel pollution in cities to €1 billion.
VW’s Plan to Sell Ducati Stalls
9/5/2017Volkswagen AG has suspended the proposed sale of its Ducati motorcycle business because of union opposition and internal debate about the plan, sources tells Reuters.
Fuel Prices in U.S. Continue to Climb
9/5/2017Average gasoline prices in the U.S. rose to $2.64 per gallon on Labor Day, their highest for the year to date, says AAA.
VW to Fix Fuel Pump Controller in 1.8 Million Cars in China
9/4/2017Volkswagen AG is recalling some 1.8 million vehicles in China to replace a fuel pump control module that could fail and cause the engine to stall.
Mazda Recalls 309,000 Takata Airbag Inflators
9/4/2017Mazda Motor Corp. is recalling 309,000 of its Mazda6 sedans and RX-8 sports cars in the U.S. to replace Takata Corp. airbag inflators that could explode in a crash.
Hyundai Names New Chief in China
9/4/2017Hyundai Motor Co. has named Tao Hung Than as head of its China operations, effective today, according to local media reports.
Marchionne: No Bids for FCA So Far
9/4/2017CEO Sergio Marchionne told reporters on Saturday that Fiat Chrysler Automobiles NV hasn’t received any offers to buy the company and is not working on a deal to sell itself, Reuters reports.
Toyota Brings U.S. Suppliers into Planning Process Earlier
9/4/2017Toyota Motor Corp. is inviting its key suppliers in the U.S. to collaborate directly during advanced product development, as much as two years earlier than they were allowed to participate before.
NAFTA Talks Shift to Mexico’s Lower Wages
9/4/2017The head of Unifor, Canada’s largest private-sector union, tells reporters the North American Free Trade Agreement should be abandoned if Mexico doesn’t agree to reduce the pay gap between its workers and those in the U.S. and Canada.
Honda in $605 Million Settlement in Takata Lawsuits
9/1/2017Honda Motor Co. has agreed to pay $605 million to settle a U.S. class-action lawsuit covering economic losses claimed by thousands of customers linked to recalls of defective Takata airbag inflators.