Mexican Media Brands
Truck Sales Fall 4% Across Europe
1/24/2019December sales of commercial vehicles throughout Europe dropped to 205,100 units from 213,800 in the same period a year earlier.
Hyundai Post First Quarterly Loss in 7 Years
1/24/2019Hyundai Motor Co. and its Kia Motors affiliate posted an unexpected fourth-quarter net loss of 203 billion won ($180 million), its first in at least seven years.
Volvo Claims 350-Mile Range for Polestar EV
1/24/2019Volvo Car Corp. confirms the Polestar 2 high-performance electric sedan it plans to introduce in the U.S. early next year will generate 400 hp and have a range of 350 miles per charge.
BMW, JLR, Porsche Invest in Roadside Assistance Startup Urgent.ly
1/24/2019BMW, Jaguar Land Rover and Porsche have invested a combined $21 million in Urgently Inc., a startup whose “Urgent.ly” platform enables drivers to hail tow trucks or service technicians.
Ford Posts Quarterly Loss
1/23/2019Ford Motor Co. swung to a $116 million loss in the fourth quarter of 2018, reversing a $2.5 billion profit in the previous year. It was the company’s first quarterly loss in two years.
EU Warns of New Tariffs if Trump Escalates Trade War
1/23/2019The European Union says it is ready to impose new tariffs on American goods if the Trump administration hikes import duties on cars and components from the bloc.
Tesla Trims Production Hours for High-End Models
1/23/2019Tesla Inc. said it has lowered the number of hours devoted to assembling its Model S sedans and Model X crossovers, citing production efficiencies and the elimination of entry-level versions of both electric vehicles.
Chris Felix Named Editor-in-Chief of Production Machining
1/23/2019Chris will lead the brand’s editorial team for content development and presence throughout the industry.
Inaugural Additive Manufacturing Workshop at Detroit Auto Show Exceeds Expectations
1/23/2019The inaugural Additive Manufacturing Workshop for Automotive at NAIS finished on Wednesday, January 16. Event organizers announced that attendance well exceeded expectation, with attendees from 103 different companies, 27 states and 5 countries.
Lincoln Aviator SUV to Start at $52,000
1/23/2019Ford Motor Co.’s upcoming Lincoln Aviator SUV/crossover will be base-priced at $52,200 when it arrives in U.S. dealerships this summer.