Mexican Media Brands
PSA Adds Top-of-the-Line Crossover to DS Brand
2/28/2017PSA Group’s upscale DS brand has introduced the DS 7 Crossback, a luxury crossover vehicle, to cap its lineup.
Honda Forms R&D Unit for Next-Gen Tech
2/28/2017Honda Motor Co.’s research and development subsidiary is creating a new unit called R&D Center X that will focus on so-called “new value” areas such as advanced robotics, artificial intelligence, mobility systems and energy management.
U.S. Economic Expansion Slows
2/28/2017America’s gross domestic product grew by an annualized 1.9% in the fourth quarter last year, down from 3.5% in the third period, the U.S. Bureau of Economic Analysis reports.
2018 Volvo XC60 Adds Automated Steering
2/28/2017Volvo Car Corp. is launching three new advanced driver assistance systems on the redesigned XC60 midsize crossover vehicle that will provide steering assistance as needed to help drivers avoid potential accidents.
Renault Revives Alpine Name with Retro Coupe
2/28/2017Renault SA has released the first official images of its all-new Alpine A110 coupe, the company's first Alpine-badged sports car in more than 20 years.
Nissan Begins Tests of Self-Driving Car in Europe
2/28/2017Nissan Motor Co. this week demonstrated a specially equipped automated version of its Leaf electric car in London, marking the company’s first European tests of autonomous vehicle technologies on public roads.
Valeo Hikes 5-Year Outlook
2/28/2017Paris-based Valeo SA predicts its sales will rise 64% to €27 billion ($28.6 billion) by 2021 from last year’s €16.5 billion.
Losses Deepen for Hertz
2/28/2017Car rental giant Hertz Global Holdings Inc. says its net loss from continuing operations in the fourth quarter last year widened to $438 million from $37 million in red ink during the same period in 2015.
Renault, Hyundai-Kia Ponder Production in Pakistan
2/28/2017A sharp jump in car sales in Pakistan has prompted Hyundai-Kia and Renault to develop plans to assemble vehicles there, the Financial Times notes.
Senate Approves Wilbur Ross as Commerce Secretary
2/28/2017Billionaire Wilbur Ross was overwhelmingly confirmed on Monday by the U.S. Senate to be secretary of commerce.