Mexican Media Brands
Kumho Tire May Be Sold to Chinese Company
3/10/2017Creditors of South Korea’s Kumho Tire Co. have agreed to sell their 42% stake in the company to Chinese tiremaker Qingdao Doublestar Co.
Harman Launches Updatable Mapping System
3/10/2017Harman International Industries Inc. says it has developed a dynamic mapping technology that automatically updates cloud-based navigation systems based on traffic signs and other real world information collected from vehicles as they’re being driven.
BMW Reports Record Sales for February
3/10/2017BMW Group’s global sales of BMW, Mini and Rolls-Royce brand vehicles rose 3% to a record 169,100 units in February.
Bosch Finalizes Diesel Cheating Settlement in U.S.
3/10/2017Robert Bosch GmbH and its U.S. affiliate have finalized a $327 million customer compensation settlement relating to its role in Volkswagen AG’s diesel emission cheating.
Honda to Unveil Clarity EV, Plug-in Models at New York Auto Show
3/10/2017Honda Motor Co. will take the wraps off the plug-in hybrid and all-electric variants of its Clarity midsize sedan next month at the New York auto show.
Toyota, Suzuki Alliance Confirmed for India
3/10/2017Suzuki Motor Corp. and Toyota Motor Corp. told India’s prime minister they will collaborate to develop manufacturing in the country and bolster India as an export base.
VW Drops Bonuses for Supervisory Board Members
3/10/2017Volkswagen AG says it intends to eliminate bonuses for the 20 members of its supervisory board.
New Study Slams U.S. Fuel Economy Targets
3/10/2017A new analysis says current U.S. fuel economy goals for 2025 will hike car prices by more than $1,800 and eliminate 150,000 jobs by 2021.
VW, Tata Launch Non-Equity Partnership
3/10/2017Tata Motors Ltd. and Volkswagen AG have signed a memorandum of understanding to look for ways to swap vehicle platforms, components and technologies in the Indian market.
Japan Rejects U.S. Claims about Import Car Barriers
3/10/2017The Japanese government has rejected a claim by the U.S. that the country uses a “variety of non-tariff barriers” to limit access to its domestic car market, Reuters reports.