Mexican Media Brands
April Sales Gain in Italy, Spain
5/3/2019New-car demand in Italy and Spain rose last month, reversing recent downturns in both markets, according to trade and government sources.
GM Ponders $1 Billion Upgrade for Missouri Factory
5/3/2019General Motors Co. has approached the governor of Missouri about state incentives for a possible $1 billion overhaul of the carmaker’s truck plant in Wentzville.
Audi Accelerates Fuel Cell Car Development
5/3/2019Volkswagen AG’s Audi unit will take the wraps off a new concept fuel cell vehicle later this year.
FCA’s Net Profit Drops 47%
5/3/2019First-quarter net profit from continuing operations at Fiat Chrysler Automobiles NV plunged 47% to €508 million ($567 million), as revenue fell 5%.
China Probes Emission Collusion by German Carmakers
5/3/2019China’s competition authority has asked BMW, Daimler and Volkswagen Group for data related to European Commission claims that they conspired to delay emission control technology.
MEMA Urges Congress to Pass NAFTA Update
5/3/2019The Motor & Equipment Manufacturers Assn. urges Congress to ratify the U.S.-Mexico-Canada Agreement without delay for the sake of bolstering the supply industry.
China’s Zotye Affirms Plans for U.S. Sales
5/2/2019Chinese carmaker Zotye Automobile International Co. plans to launch U.S. sales of its T600 compact crossover by the end of 2020 or early 2021.
Delphi’s Net Income Plunges as Revenue Slides
5/2/2019Delphi Technologies Inc. says slumping vehicle production and unfavorable exchange rates sapped revenue and slashed profits in the first quarter.
Audi’s U.S. Chief Quits
5/2/2019Mark Del Rosso, who took over as president of Volkswagen AG’s Audi brand operations in the U.S. in December, has abruptly left the company.
Hyundai’s Global Sales Drop 6%
5/2/2019Hyundai Motor Co. reports its unit sales in April slid 6% year on year to 368,900 cars and SUV/crossover vehicles.