Mexican Media Brands
Report: Nissan Expects 8% Drop in Future Sales in China
3/20/2019Nissan Motor Co. now expects its China venture with Dongfeng Motor Corp. will sell 2.39 million vehicles in 2022, down 8% from its estimate late last year, sources tell Bloomberg News.
SAIC Miffed at VW Comment About JV
3/20/2019SAIC Motor Corp. has taken offense that Volkswagen CEO Herbert Diess told reporters that VW might raise its 50% stake in the venture launched by the two carmakers 34 years ago.
Bugatti Mulls Electric Limo
3/19/2019Volkswagen AG’s Bugatti supercar unit may add an all-electric model in 2023 that revives the extravagant “Royale” nameplate, Car reports.
U.S. Auto Suppliers Report “Deep Concern” Over Trade
3/19/2019Auto suppliers in the U.S. are growing increasingly worried about the impact of tariffs and trade conflicts on their business this year, the Original Equipment Manufacturers Assn. reports.
GM Plans $2.7 Billion Expansion in Brazil
3/19/2019General Motors Co. says it will invest 10 billion reais ($2.7 billion) to expand two factories in Sao Paulo, Brazil, over the next five years.
Porsche SE Buys More Shares of "Undervalued" Volkswagen
3/19/2019Porsche Automobil Holding SE has spent €400 million ($454 million) to raise its voting stake in Volkswagen AG to 53% from 52%, describing the carmaker as undervalued.
Toyota First in Line for Nvidia Development System
3/19/2019Silicon Valley-based Nvidia Corp. is introducing a new simulation tool to aid the development and testing of automated driving technologies.
Kia Teases Ceed Crossover
3/19/2019Kia Motors Corp. has released a design sketch of a Ceed-based crossover vehicle the company plans to launch later this year in Europe.
Peugeot Family Would Back More PSA Ventures
3/19/2019PSA Group’s founding Peugeot family says it would support CEO Carlos Tavares in partnerships or another acquisition similar to Opel.
ZF Acquires Netherlands Mobility Provider
3/19/2019ZF Friedrichshafen AG has acquired a 60% share of 2getthere B.V., which operates driverless electric shuttles and other mobility-as-a-service systems.