Mexican Media Brands
Tesla Hires Snapchat Engineer to Lead Autopilot Program
5/23/2018Tesla Inc. has hired Stuart Bowers as vice president of engineering to work on the company’s Autopilot semi-autonomous driving technology and other projects.
U.S. Pressures GAZ to Drop Deripaska Ties
5/23/2018Russian carmaker OAO GAZ can avoid new U.S. economic sanctions only if oligarch Oleg Deripaska disposes of his ownership of the company through his Basic Element group, according to the U.S.
VW Group Sales Climb 12% in China
5/23/2018Volkswagen AG reports that its brands sold 334,800 vehicles in China in April, up 12% from the same period in 2017.
FCA Launches U.S. Media Review
5/23/2018Fiat Chrysler Automobiles NV is opening a media agency review of its $2.2 billion in U.S. ad spending.
Toyota Foresees Slow Ramp-up for Solid-State Batteries
5/22/2018Toyota Motor Corp. aims to introduce electric vehicles with solid-state batteries early next decade, but the company doesn’t expect high-volume applications until about 2030.
Ford Prepares Romanian Plant for Second Model
5/22/2018Ford Motor Co. says it will spend €200 million ($236 million) to prepare its factory in Craiova, Romania, to produce an unnamed new model next year.
Mercedes AMG E53 Teams I-6 Engine with 48-Volt Mild Hybrid Tech
5/22/2018Daimler AG’s 2019 Mercedes-AMG E53 sedan will feature a 3.0-liter inline-6 engine with a 48-volt mild-hybrid system. The twin-turbocharged powerplant generates 429 hp and 384 lb-ft of torque.
Global Car Sales Pace Expected to Slow Again This Year
5/22/2018The pace of worldwide sales of new cars and light-duty trucks will climb only 2% to 97.6 million units this year, down from rates of 3% last year and 4% in 2016, LMC Automotive predicts.
Lexus Names New Chief for U.S. Operations
5/22/2018Toyota Motor Corp.’s Lexus brand has named David Christ, previously its vice president of sales, as general manager of U.S. automotive operations.
Carmakers Balk at S. Africa’s Ambitious Expansion Goals
5/22/2018South Africa wants local carmaking operations to more than double annual output and employment by 2035.