Mexican Media Brands
Study: U.S Needs Fast Ramp-Up in EV Charging Network
1/28/2019The number of charging stations in the U.S. must grow at an annual rate of 20% to support the forecasted growth of plug-in hybrid and full electric vehicles through 2025, says a report by the International Council on Clean Transportation.
No Plans for Genesis Performance Sub-Brand
1/28/2019Hyundai Motor Co.’s high-end Genesis unit has no immediate plans to launch a performance-oriented sub-brand akin to BMW M, Mercedes AMG or Volvo Polestar.
Zoyte Names First U.S. Dealers
1/28/2019The initial group of U.S. franchised dealers for Zotye Automobile International Co. have been named as part of the Chinese carmaker’s plans to launch sales in the market by the end of 2020.
France: Renault’s New Chairman Should Head Nissan Too
1/28/2019France, which owns 15% of Renault SA and 43% of Nissan Motor Co., says Renault’s newly appointed chairman should head both companies.
Hyundai Cuts Jobs, Reviews Production in China
1/28/2019Hyundai Motor Co.’s joint venture with BAIC Motor Corp. is trimming its workforce and pondering production cuts as output at its factories in China slumps to 50% of capacity.
Lear’s Quarterly Net Income Drops 47%
1/28/2019Lear Corp. says a decline in global vehicle output caused its fourth-quarter revenue and net income to fall 8% to $4.9 billion and 47% to $212 million, respectively.
FCA Recalls 182,200 Ram Trucks for Power Steering Fix
1/28/2019Fiat Chrysler Automobiles NV is calling back 182,200 fullsize pickup trucks to fix a loose electrical connection that could make the power steering cut out intermittently.
Lambo to Limit Annual Volume at 8,000 Cars
1/25/2019Volkswagen AG’s Lamborghini unit expects its recent sales spike will continue, but the company will cap production at 8,000 units in 2020.
Chinese Startup to Unveil EV, Fuel Cell Models in Geneva
1/25/2019Aiways, a Shangrao City, China-based startup, plans to unveil its U5 SUV/crossover and fuel cell-powered RG Nathalie supercar at the Geneva auto show in March.
VW Launches Reorganized Parts Unit
1/25/2019Volkswagen AG says its restructured parts operations will free up funds for the company’s electrification plans while helping to phase out products with a dim future.