Mexican Media Brands
Nissan Issues Another Profit Warning
4/24/2019Nissan Motor Co. now expects its operating profit for the fiscal year ended March 31 plunged 29% to 318 billion yen ($2.8 billon), its worst result in nearly 10 years.
Ford Joins Amazon Connectivity Platform
4/24/2019Ford Motor Co. and its Autonomic affiliate have signed a multi-year deal to work with Amazon Web Services on connected vehicle technologies.
Car-Sharing Giant Getaround Buys Rival Drivy
4/24/2019San Francisco-based Getaround Inc. is acquiring European rival Drivy in a $300 million deal that will create the world's largest car-sharing service.
Tesla Boosts EV Range, Revives Cheaper Models
4/24/2019Tesla Inc. is reinstating lower-priced “standard range” versions of its Model S sedan and Model X crossover vehicles.
Ford Partners with Rivian on Electric Truck
4/24/2019Ford Motor Co. has agreed to invest $500 million in Rivian Automotive LLC and partner with the Plymouth, Mich.-based startup on an electric truck.
BMW to Source Cobalt Directly from Approved Mines
4/24/2019BMW AG plans to buy cobalt, which is used in lithium-ion batteries for electrified vehicles, directly from mines to ensure child labor isn’t used during the mining process.
Hyundai’s Quarterly Profits Jump 24%
4/24/2019Hyundai Motor Co.’s net profit in January-March climbed 24% to 829 billion won ($722 million), thanks to an upturn in sales in South Korea and the U.S. that offset weak demand in China.
Japan Adds EV Emissions to Fuel Economy Goals
4/24/2019Japan plans new emission standards this summer that recognize electric cars don’t directly emit pollutants, but the power plants that charge their batteries do.
Hyundai Taps Loasby to Head Global Design
4/24/2019Hyundai Motor Co. has promoted Simon Loasby, its head of design in China, to director of its corporate design center in Seoul, South Korea.
First-Quarter Results Sag for Harley-Davidson
4/23/2019Motorcycle maker Harley-Davidson Inc.’s first-quarter consolidated revenue fell 10% to $1.4 billion, and net earnings plunged one-third to $128 million.