Mexican Media Brands
U.K.’s Economy Shrank in Second Quarter
8/9/2019The British economy contracted by 0.2% in April-June, its first quarterly retreat since and identical decline the fourth quarter of 2012.
NHTSA’s Acting Chief to Leave?
8/9/2019Heidi King, who has served as acting head of the National Highway Traffic Safety Administration for more than a year, reportedly is quitting.
Bentley Recreates 1939 Corniche
8/9/2019A part of its 100th anniversary celebration this year, Volkswagen AG’s Bentley unit has built a replica of its iconic 1939 Corniche sedan.
Retail Car Sales Continue to Fade in China
8/9/2019Retail sales of passenger vehicles in China shrank 5% to 1.51 million units in July, according to the China Passenger Car Assn.
Japan’s Musashi Invests in Solid-State Battery Developer
8/9/2019Japan’s Musashi Seimitsu Industry Co. has made an unspecified investment in KeraCel Inc., a Silicon-Valley-based startup developing solid-state batteries that can be produced via 3D-printing technology.
Uber Reports Record $5.2 Billion Loss
8/9/2019Uber Technologies Inc. reports its net loss in the second quarter of 2019 surged to a record $5.2 billion from $878 million in the same period last year.
Lamborghini Mulls Le Mans Racer
8/8/2019Volkswagen AG’s Lamborghini unit is considering joining the hypercar category in the World Endurance Championship (WEC) series with a new model based on the supercar maker’s one-off SC18 project car.
IIHS Says Knee Airbags Aren't Effective
8/8/2019Knee airbags, an increasing feature in new cars, have little effect in reducing injuries and may even increase the risk for occupants, says the Insurance Institute for Highway Safety.
Karma Previews 2020 Revero GT
8/8/2019California-based Karma Automotive LLC unveiled a pre-production version of the redesigned Revero GT hybrid sport sedan at this week’s Management Briefing Seminars in Traverse City, Mich.
SsangYong to Reorganize, Trim Senior Staff
8/8/2019South Korea’s SsangYong Motor Co. tells employees it will restructure in September and reduce its senior staff in February in a sweeping cost-cutting initiative that includes executive salary cuts.