Mexican Media Brands
Magna’s Sales, Net Earnings Rise
11/8/2018Magna International Inc.’s third-quarter sales revenue rose 9% to US$9.6 billion.
Hyundai Kona Rated Best “Real-World” EV in Europe
11/8/2018The all-electric 64-kWh version of Hyundai Motor Co.’s Kona compact crossover vehicle had the best “real world” driving range (259 miles) of 12 EVs sold in Europe during tests conducted by U.K. magazine What Car?
Nissan’s Operating Profit Skids 21%
11/8/2018Nissan Motor Co. reports that its operating profit in the fiscal second quarter ended Sept. 30 plunged 21% to 101.2 billion yen ($890 million).
SEAT Partners with Segway on Electric Scooter
11/8/2018Volkswagen AG’s SEAT unit plans to begin selling an electric scooter next month in Europe as part of the carmaker’s “Easy Mobility” initiative.
October Car Sales in China Fell 13%
11/8/2018Retail sales of new passenger vehicles in China dropped 13% to 1.98 million units in October, marking the fifth consecutive month of year-on-year shrinkage, according to the China Passenger Car Assn.
Mazda Plans Global Recall of 640,000 Diesels
11/8/2018Mazda Motor Corp. says it will repair faulty valve springs in about 640,000 of its diesel-powered vehicles worldwide, Reuters reports.
Tesla Names Denholm to Replace Musk as Chair
11/8/2018Tesla Inc. has named board member Robyn Denholm to replace cofounder Elon Musk as its chair for at least three years. Musk will remain CEO.
EC Approves Merger of BMW and Daimler Mobility Services
11/8/2018The European Commission has approved a plan by BMW and Daimler to combine their car-sharing, ride-hailing, parking, electric car charging and integrated mobility booking services.
Ford Buys Spin Electric Scooter Startup
11/8/2018Ford Motor Co. has agreed to buy Spin, a San Francisco-based electric scooter startup for a reported $40 million-$100 million.
Aston Martin to Unveil SUV in Late 2019
11/7/2018Aston Martin Lagonda Ltd. says it will unveil its first SUV/crossover in the fourth quarter of 2019.