Mexican Media Brands
Dyson to Produce EVs in Singapore
10/23/2018U.K.-based home appliance specialist Dyson Ltd. says it will construct a factory in Singapore to build its upcoming electric car.
Nissan Targets 5% Market Share in India
10/23/2018Nissan Motor Co. aims to hike its share of India’s new-car market from less than 2% in the fiscal year ended March 31 to 5% by 2022-2023.
Subaru Cuts First-Half Profit Forecast by 45%
10/23/2018Subaru Inc. says the cost of domestic recalls will slash its first-half operating profit in April-September to 61 billion yen ($544 million), down 45% from its previous guidance.
Conti Supplies Power Electronics for Jaguar EV
10/23/2018Continental AG is supplying the power electronics system for Jaguar Land Rover Ltd.’s all-new I-Pace electric crossover.
BMW Recalls 1.6 Million Diesels Worldwide
10/23/2018BMW AG is recalling 1.6 million of its diesel-powered vehicles worldwide to fix an engine problem that could melt the intake manifold and cause a fire.
Renault’s Third-Quarter Revenue Drops 6%
10/23/2018Slumping demand in emerging markets caused Renault SA’s revenue to shrink 6% to €11.5 billion ($13.2 billion) in the third quarter.
Faraday Future Cuts Staff, Wages
10/23/2018Struggling California electric car startup Faraday Future Inc. says it will lay off an unspecified number of employees, and those who remain will take 20% pay cuts.
Ford Expands Self-Driving Car Tests to Washington, D.C.
10/22/2018Ford Motor Co. plans to begin testing a fleet of self-driving cars early next year in Washington, D.C.
Fuel Prices Finally Drop in U.S.
10/22/2018The average price of a gallon of unleaded gasoline in the U.S. declined 4 cents to $2.85 per gallon this week, AAA reports.
Ford Says Tariffs Make Steel from U.S. Costliest Anywhere
10/22/2018Ford Motor Co. says U.S. tariffs on imported steel have made the domestically produced metal the world’s most expensive.