Mexican Media Brands
Intel Finalizes Mobileye Purchase
8/8/2017Computer chip maker Intel Corp. has completed its $15 billion tender offer to buy a majority stake in Israeli imaging technology developer Mobileye NV.
VW Offers Up to €10,000 in German Diesel Trade-in Plan
8/8/2017Volkswagen AG is offering to pay owners of its oldest diesel cars between €2,000 and €10,000 ($2,400-$11,800) when they trade in their vehicles on new models.
Uber May Sell Car-Leasing Unit
8/8/2017Ride-hailing service Uber Technologies Inc. intends to shut down or sell at least most of its money-losing car-leasing operations by year-end, sources tell The Wall Street Journal.
Nissan Divests EV Battery Operations
8/8/2017Nissan Motor Co. has agreed to sell its battery operations—including the company’s Automotive Energy Supply Corp. (AESC) joint venture—to China’s GSR Ventures Management Co.’s GSR Capital arm.
Turbocharged Engines Hit Record 28% of U.S. Light-Vehicle Market
8/8/2017Turbocharged engines powered nearly 28% of cars and light trucks built in the U.S. during the first half of the 2017 model year through March, WardsAuto reports.
Report: Next-Gen Yuasa EV Battery to Double Driving Range
8/8/2017Lithium Energy Japan (LEJ) plans to launch a new lithium-ion battery in 2020 that can provide twice the driving range of current battery packs used in small electric vehicles, The Nikkei reports.
Nexteer Opens Second Japan Office
8/8/2017Nexteer Automotive Group Ltd. has opened a customer service center in Atsugi, Japan.
Mazda Confirms Plans to Launch HCCI Engine in 2019
8/8/2017Mazda Motor Corp. says it will launch a homogeneous-charge-compression-ignition (HCCI) gasoline engine in a production vehicle in 2019, which would be the world’s first such application.
Sumitomo Rubber to End U.S. Supply Deal with Goodyear
8/8/2017Sumitomo Rubber Industries Ltd. will stop making original-equipment tires in the U.S. for Goodyear Tire & Rubber Co. in 2018 as it shifts its focus to its own Falken brand, The Nikkei reports.
Tesla Plans $1.5 Billion Bond Sale for Model 3 Launch
8/8/2017Tesla Inc. aims to raise $1.5 billion through a corporate bond offering to bolster its $3 billion cash supply as it ramps up production of its $35,000 Model 3 electric sedan.