Mexican Media Brands
Chinese EV Startups Ponder Alliance
7/27/2017Five Chinese electric-car startups are pondering plans for an alliance that would enable them to share resources and jointly develop EV technologies.
Grand Jury Indicts Former FCA Executive In Union Payoff Scheme
7/27/2017A former labor relations executive at Fiat Chrysler Automobiles NV has been charged with making more than $2.2 million in illegal payments to himself and a United Auto Workers union official in Detroit.
McLaren Readies Next-Gen Supercar
7/26/2017McLaren Automotive Ltd. plans to unveil its secretive P15 supercar later this year, Autocar reports.
Ford Recall Targets Seat and Seatbelt Bolts That Could Break
7/26/2017Ford Motor Co. is recalling 116,800 vehicles in the U.S., Canada and Mexico replace bolts in the seats, seatbacks, seatbelts and/or lap belt buckles that could break off in a crash.
Google Integrates Waze with Android Auto
7/26/2017Alphabet Inc.’s Google unit is adding its Waze navigation system into the company’s Android Auto interface that allows a user to access smartphone content from the vehicle’s infotainment system.
New-Car Appeal Climbs to Record High in U.S.
7/26/2017New vehicles in every market segment are more appealing than ever to U.S. consumers, according to market researcher firm J.D. Power.
Hyundai’s Profits Sag Again
7/26/2017Hyundai Motor Co.’s second-quarter net profit plunged 51% to 817 billion won ($730 million), its worst quarterly result since early 2012.
GM Hires Wells Fargo Exec to New Position of Chief Data Officer
7/26/2017General Motors Co. has hired A. Charles Thomas to the newly created position of chief data officer.
Lower Taxes Boost Ford’s Profit 4%
7/26/2017Ford Motor Co.’s net income grew 4% to $2.0 billion in the second quarter of 2017, thanks to a lower tax rate. Global wholesales were flat at 1.65 million units. But a richer mix bumped revenue up 1% to $39.9 billion.
Nexteer Opens Electric Power Steering Plant in Indonesia
7/26/2017Auburn Hills, Mich.-based Nexteer Automotive Group Ltd. has opened a manufacturing plant in Bekasi, Indonesia, to produce electric power steering (EPS) systems.