Mexican Media Brands
Nexteer Posts First-Half Gains in Revenue, Profits
8/15/2018Nexteer Automotive Group reports its revenue grew 4% to $2 billion, and net profit jumped 11% to $200 million in the first half of 2018.
Ford to Invest $740 Million in Detroit Campus
8/15/2018Ford Motor Co. says it will spend $740 million over four years to create a mobility tech campus around Detroit’s abandoned Michigan Central train station, which the carmaker acquired in June.
EPA Skeptical About Safety Claims for Easing Emission Rules
8/14/2018The two federal agencies that formulated the Trump administration’s plan to freeze future fuel economy emission standards bickered repeatedly over assumptions made to justify the move.
Uber Names New Chief Security Officer
8/14/2018Matt Olsen has been appointed chief security officer for ride-hailing giant Uber Technologies Inc.
Lincoln Wants Separate Stores for Top Dealers
8/14/2018Ford Motor Co.’s Lincoln unit is asking about 150 dealers in the brand’s top-30 U.S. markets to build stand-alone showrooms to better separate the luxury marquefrom mainstream Ford models.
Ford Ranger to Start at $25,000 in U.S.
8/14/2018Ford Motor Co.’s all-new Ranger midsize pickup truck will be base-priced at $25,400 when it arrives in U.S. dealerships early next year.
Faraday Future Moves HQ to China
8/14/2018Faraday Future Inc., the California-based electric car startup, has moved its operating headquarters to China.
Japanese EV Startup to Rent Components to Developers
8/14/2018Japanese electric car startup GLM Co. Ltd. is offering to rent out its major components to help would-be parts suppliers develop products for the EV market.
Tesla’s Board Steps Back from Musk’s Delisting Plan
8/14/2018Tesla Inc.’s board has formed a special committee to study CEO Elon Musk’s “consideration” of a plan to take the electric car company private.
Tech Fund Taps Henrik Fisker as Advisor
8/14/2018Motec Ventures GmbH, a Berlin-based growth fund for new mobility tech startups, has appointed entrepreneur and design expert Henrik Fisker to its advisory board.