Mexican Media Brands
BMW Moves Ahead on Factory in Mexico, Hedges on U.K. Facilities
3/21/2017BMW AG says is moving ahead with plans to open a $1 billion carmaking complex in San Luis Potosi, Mexico, in 2019.
Porsche SE Returns to Profitability
3/21/2017Porsche Automobil Holding SE, which owns 52% of Volkswagen AG’s voting shares, reports a profit in 2016 of €1.4 billion ($1.5 billion).
Google Maps Enhances Parking Reminder App
3/21/2017Alphabet Inc.’s latest update for its Google Maps app for Android smartphones allows users to manually save their parking spot location, a more accurate option than automated tagging.
Schaeffler Opens New Mobility Lab in Singapore
3/21/2017Schaeffler AG is partnering with Singapore’s Nanyang Technological University (NTU) on a joint research lab for new mobility products and services in the city-state.
BMW Readies Largest New-Model Rollout Ever
3/21/2017BMW AG says it will introduce 40 new or revamped models over the next two years in a bid to revive profits and regain its sales lead over rival Daimler AG’s Mercedes-Benz brand.
U.S. Fuel Economy Up 33% Since 1980
3/21/2017The average fuel economy of new passenger vehicles sold in the U.S. has risen 33% from 19.2 mpg in the 1980 model year to 25.6 mpg in 2016, according to a report by the U.S. Dept. of Energy.
VLF Readies Viper-Based Convertible
3/21/2017Michigan-based VLF Automotive is developing an open-top version of its Dodge Viper-based VLF Force 1 V10 coupe.
Panasonic to Buy Majority Stake in Ficosa
3/21/2017Japan's Panasonic Corp. says it will acquire an additional 20% stake in Barcelona-based Ficosa International SA to increase its share in the Spanish parts maker to 69%.
Baidu Claims Hackers Tried to Steal Self-Driving-Car Secrets
3/21/2017Chinese internet giant Baidu Inc. says a group of "hackers for hire" tried to steal the company’s autonomous car technology.
Austria Forms Nationwide EV Charging Network
3/21/2017Austria is pooling the electric-car charging stations operated by 11 suppliers into a single nationwide network of 1,300 publicly accessible points.