Mexican Media Brands
Mitsubishi Motors Predicts Profit This Fiscal Year
5/9/2017Mitsubishi Motors Corp.—which reported a net loss of 199 billion yen ($1.7 billion) in the fiscal year ended March 31—expects to post a net profit of about 68 billion yen ($596 million) in the current 12-month period.
Ford to Double Staff in Silicon Valley
5/9/2017Ford Motor Co. is readying a new advanced mobility office in Palo Alto, Calif., and plans to double its Silicon Valley workforce there to 300 people by the end of this year, The Detroit News reports.
Nissan Launches Navara Pickup Truck Production in China
5/9/2017Nissan Motor Co. has begun assembling its next-generation Navara midsize pickup truck in China through its Zhengzhou Nissan Automobile Co. venture.
Mexico’s Auto Exports Jump 16%
5/8/2017Mexico exported 228,800 vehicles in April, the Mexican Auto Industry Assn. reports.
Uber Sets Up AI Lab in Toronto
5/8/2017Uber Technologies Inc. says it is setting up a small lab in Toronto to work on automotive-related artificial intelligence software that can be used in self-driving cars.
Tuned Nissan GT-R Tops 2,700 HP
5/8/2017Aftermarket specialist Extreme Turbo Systems (ETS) says it has developed a performance kit for Nissan Motor Co.’s GT-R supercar that allows the vehicle to generate an estimated 2,719 hp and 1,587 lb-ft of torque.
End of the Road for the VW Beetle Beetle and Scirocco?
5/8/2017Volkswagen AG may discontinue the sporty Scirocco coupe and the hardtop version of its iconic Beetle by the end of the decade as the current generation models are phased out.
Umicore Expands Cathode Production for Lithium-Ion Batteries
5/8/2017Belgium’s Umicore NV is investing €300 million ($328 million) through 2019 to increase production of nickel-manganese-cobalt (NMC) cathode materials for lithium-ion batteries used in hybrid and electric vehicles.
Hyundai, Kia Appeal S. Korea Recall Demand
5/8/2017Hyundai Motor Co. and its Kia Motors affiliate have appealed an order by South Korea’s Ministry of Land, Infrastructure and Transportation to recall a dozen models representing 250,000 vehicles.
Nissan Aims to Box Out Distracted Driving
5/8/2017Nissan Motor Co. is developing a device that blocks cell phone signals to help curb distracted driving.