Mexican Media Brands
Magna Steyr May Make EVs in U.S. for Startup Evelozcity
3/19/2019Contract assembler Magna Steyr has signed a letter of intent to build electric cars—preferably in the U.S.—for Los Angeles-based startup EVelozcity Inc., sources tell Automobilwoche.
IAV N. America Taps Former AVL Exec as President
3/19/2019IAV Group has named Mike Kenhard president of its Automotive Engineering unit in Northville, Mich.
Fisker Moves $40,000 EV Ahead of Supercar Program
3/19/2019California-based Fisker Inc. is putting its $130,000 EMotion electric sedan on the backburner as it moves forward with a mainstream crossover vehicle now due by the end of 2021.
Precision Machining Technology Show (PMTS) 2019 to Feature Record Number of Exhibitors
3/19/2019The Precision Machining Technology Show (PMTS) announced that this year’s show will feature a record number of exhibiting companies. Presented by the Precision Machined Products Association (PMPA), Production Machining and Modern Machine Shop, the three-day event takes place for the first time at its new location, at the Huntington Convention Center in Cleveland, OH on April 2-4, 2019.
Study Finds Mixed Results for Ride-Hailing Impact
3/19/2019The use of ride-hailing services lowers urban parking demand but hikes traffic congestion and discourages other modes of transportation, say University of Colorado researchers.
Maruti Suzuki Trims Output by 8%
3/19/2019India’s largest carmaker, Maruti Suzuki India Ltd., lowered its production by 8% last month as January-February retail sales stalled.
Lyft Kicks off IPO Roadshow
3/19/2019Lyft Inc. hopes to raise $2.1 billion in an initial public offering of shares that will be priced between $62 and $68.
India Will Hike Tariffs to Boost Local EV Production
3/19/2019India plans to raise taxes on imported electric vehicle components and batteries to encourage local EV production.
Nissan Targets Top Market Spots in Middle East
3/19/2019Nissan Motor Co. is adding models and increasing capacity in the Middle East in a bid to raise its market share there by one-third to more than 20% by 2022.
States Launch Probe into Hyundai-Kia Engine Fires
3/18/2019Several states are investigating whether Hyundai Motor Co. and its Kia Motors affiliate broke state consumer protection laws in their handling of engine flaws that could cause fires, Reuters reports.