Mexican Media Brands
OPEC’s Output Rises in Spite of Oil Quotas
7/13/2017Oil production by the Organization of the Petroleum Exporting Countries rose by nearly 33 million barrels per day from May to June, according to the cartel’s monthly market report.
EVs Could Hike U.K.’s Peak Electricity Demand 16%
7/13/2017An expected jump in sales of electric vehicles in the U.K. could hike peak demand for electricity by as much as 8 gigawatts, or 16%, by 2030, says the National Grid.
CO2 Emissions in Germany Set to Rise as Diesel Sales Fall
7/13/2017This year the German car market is likely to end a 20-year-long decline in carbon dioxide emissions from new vehicles because of sagging demand for diesels, says importer association VDIK.
Labor Chief Says Audi Lacks Production Strategy
7/12/2017The head of Audi AG’s works council grouses that the company is losing factory jobs in Germany because of the lack of a coherent product strategy.
McLaren May Supply Carbon Fiber Parts to Other Carmakers
7/12/2017McLaren Technology Group hopes to eventually expand output at the carbon fiber plant its constructing in Sheffield, England, to produce components for other carmakers.
Warrant Claims More than 1 Million Daimler Diesels Violate Emission Limits
7/12/2017A German search warrant claims Daimler AG sold more than 1 million diesels in Europe and the U.S. that failed to meet pollution standards, the Sueddeutsche Zeitung reports.
Group Launches $120 Million Fund for Auto Tech Startups
7/12/2017Autotech Management LLC says it has raised more than $120 million from automotive companies and financial investors for its new Autotech Ventures fund that will invest in startups developing digital technologies and services for next-generation vehicles.
EPA Chief Vows “Aggressive” Action on Auto Company Cheating
7/12/2017Administrator Scott Pruitt tells Reuters the U.S. Environmental Protection Agency will deal “very aggressively” with any company that cheats on emission rules, as Volkswagen AG did.
Netherlands Targets Diesel Emissions from Suzuki, Jeep SUVs
7/12/2017Dutch prosecutors are pursuing evidence that certain diesel SUVs made by Fiat Chrysler Automobiles NV and Suzuki Motor Corp. use software to evade emission laws.
Mercedes Widens Sales Lead Over BMW
7/12/2017Daimler AG’s Mercedes-Benz brand sold 209,300 cars and crossover vehicles last month, up 11%, compared with a 2% gain to 192,900 units for rival BMW.