Mexican Media Brands
Schaeffler Merges Operations in India
8/31/2017Bearings supplier Schaeffler AG is merging its INA, LuK and FAG operations in India in a bid to simplify operations, cut costs and accelerate growth.
Magna Touts Level 4 Autonomous Platform
8/31/2017Canada’s Magna International Inc. says it has developed an integrated platform that enables Level 4 autonomous vehicle operation (hands-free braking, steering, throttle and lane-changing) in most city and highway driving.
Zoox Self-Driving-Car Startup Gains 17 Ex-Apple Auto Engineers
8/31/2017Some 17 automotive engineers at Apple Inc. have joined autonomous car startup Zoox Inc., sources tell Bloomberg News.
Court Orders Kia to Pay Korean Workers $374 Million
8/31/2017Kia Motors Corp. has been directed by a district court in Seoul to pay its workers in South Korea 420 billion won ($374 million) in additional compensation, Reuters reports.
EY Launches Platform that Coordinates Mobility Services
8/30/2017Global advisory firm EY is introducing a software platform called Tesseract that can coordinate multiple types of mobility services and automatically settle transactions among participating owners, operators and third-party providers.
China May Delay EV Sales Quotas
8/30/2017China’s central government is likely to finalize sales targets for electric cars within days, but it also appears likely to delay its original timetable.
Ford Self-Driving Strategy May Include Big Trucks
8/30/2017Ford Motor Co. is evaluating a variety of applications for emerging automated vehicle technologies, including light- and medium-duty commercial trucks.
U.S. Economic Growth Accelerates to 3%
8/30/2017Real gross domestic product in the U.S. expanded by an annualized 3.0% in the second quarter of 2017, compared with an initial estimate of 2.6%, according to the Dept. of Commerce.
GM Sketches Expanded Design Center
8/30/2017General Motors Co. says it will break ground on a previously announced expansion of its design center in Warren, Mich., in mid-2018.
Kia Previews “Extended Hot-Hatch” Concept
8/30/2017Kia Motors Corp. says its new sporty five-door concept car could preview a new body style for future versions of its Cee’d compact hatchback.