Mexican Media Brands
VW Says 9,300 Employees Have Taken Buyouts
6/6/2017Volkswagen AG says it is close to its target of shedding 9,300 hourly and salaried employees in Germany through early retirement offers.
2018 Buick LaCrosse Gets Upgraded Mild Hybrid System
6/6/2017General Motors Co. is debuting a more advanced version of its eAssist mild-hybrid system in the 2018 Buick LaCrosse sedan.
Icahn Buys Precision Auto Care
6/6/2017Investor Carl Icahn has agreed to acquire Leesburg, Va.-based Precision Auto Care Inc. and its Precision Tune Auto Care independent service and repair centers.
Schaeffler to Double Bearing Output at South Carolina Plant
6/6/2017Schaeffler AG has completed a $36.5 million expansion of its Fort Mill, SC, campus as it continues to increase production of thrust bearings used in automatic transmissions.
China May Halt EV Production Permits
6/6/2017China’s central government is likely to stop issuing permits to manufacture electric vehicles to avoid a capacity glut, sources tell Bloomberg News.
Economic Growth in Eurozone at 6-Year High
6/6/2017Economic growth in the eurozone continued in May at its fastest pace in six years, according to the IHS Markit Eurozone PMI Composite Output Index.
Feinberg May Head Takata Compensation Plan
6/6/2017Kenneth Feinberg may be tapped after all to manage payments of nearly $1 billion by Takata Corp. to carmakers who installed its explosion-prone airbag inflators and passengers who were victims of the devices.
Toyota Retains Rank as World’s Most Valuable Car Brand
6/6/2017Toyota has again been named the world’s most valuable car brand by this year’s BrandZ Top 100 Most Valuable Global Brands report.
DOT Readies New Guidelines for Self-Driving Cars
6/5/2017The U.S. Dept. of Transportation says it will announce new guidelines for self-driving cars this summer that update a first-round structure issued under the Obama administration last September.
iPhone Do-Not-Disturb App Aims to Curb Distracted Driving
6/5/2017Apple Inc. says its upcoming iOS 11 upgrade for iPhones and iPad tablets will include the capability to temporarily block alerts for incoming text messages and social media websites while the device is in a moving vehicle.