Mexican Media Brands
China May Stretch Out Push for EVs
3/14/2017China is pondering options that would slow the pace of proposed government sales quotas for electrified vehicles.
Bridgestone Targets 5%-6% Growth in Americas
3/14/2017Bridgestone Corp. predicts its annual operating profit in North and South America will average between 5% and 6% over the next several years, enabling the region to contribute more than half the tiremaker’s group profits.
East Coast Storm Delays Merkel’s Trip to Meet Trump
3/14/2017German Chancellor Angela Merkel has postponed a planned trip to meet with President Donald Trump in Washington, D.C., until Friday because of the severe winter storm expected to pummel the northeastern U.S. today.
Mazda Adds Crossover Output to Second Japanese Plant
3/13/2017To meet growing global demand and improve manufacturing flexibility, Mazda Motor Corp. is expanding production of the all-new CX-5 crossover vehicle to a second plant in Japan.
Porsche SE Ponders Exit for Patriarch Ferdinand Piech
3/13/2017Porsche Automobil Holdings SE, the investment company that controls Volkswagen AG, aims to push patriarch Ferdinand Piech off its supervisory board, sources tell Bloomberg News.
Spain’s Gestamp Plans €3.7 Billion IPO
3/13/2017Madrid-based Gestamp Group is launching an initial public offering that values the Spanish metal stampings supplier at €3.7 billion, Reuters reports.
NextEV Targets 2020 Launch for Self-Driving EV
3/13/2017China’s NextEV Inc. has unveiled a concept self-driving electric vehicle under its NIO brand that it hopes to convert into a production model by as early as 2020.
UPDATE: Intel Buys Mobileye for $15.3 Billion
3/13/2017Chipmaker Intel Corp. has agreed to buy Israel’s Mobileye NV for $15.3 billion in an all-cash deal that values the Jerusalem-based maker of camera-based sensors at $14.7 billion.
Enzo Ferrari to Get the Wolverine Treatment?
3/13/2017Film actor Hugh Jackman is said to be in talks to play Enzo Ferrari in the long-rumored movie about the legendary automotive icon, reports Deadline.
Trump to Announce Fuel Economy Review on Wednesday
3/13/2017President Donald Trump plans to announce two days from now that the U.S. Environmental Protection Agency will review fuel economy targets that would require new-car fleets to average more than 50 mpg by 2025, Reuters reports.