Mexican Media Brands
Toyota to Launch 10 Electrified Models in China
4/27/2018Toyota Motor Corp. plans to add 10 electrified vehicles to its China lineup by 2020.
Renault’s Revenue Growth Stalls
4/27/2018Renault SA’s sales of cars and light commercial vehicles rose 5% to 935,000 units in the first quarter, buoyed by record volumes for its Dacia and Renault brands.
Ford: No Plan to Drop Europe’s Fusion-Based Mondeo
4/27/2018Ford Motor Co. says its midsize Mondeo will remain part of the company’s European lineup, even though the Fusion upon which it is based is being dropped in the U.S.
Hyundai’s Operating Profit Plunges
4/27/2018Hyundai Motor Co. says slumping sales in China and the U.S. caused its operating profit in the first quarter to plummet 46% to $633 million.
Nidec Building EV Motor Plant in China
4/27/2018Japan’s Nidec Corp. plans to open a factory China a year from now to make propulsion motors for locally produced plug-in hybrid, fuel cell and battery electric vehicles.
Toyota Hikes Staff at Mississippi Factory
4/26/2018Toyota Motor Corp. is spending $170 million and hiring 400 workers at its factory in Blue Springs, Miss., to make next-generation Corolla small sedans next year.
Head of Tesla’s Autopilot Self-Driving System Quits
4/26/2018Jim Keller, who had headed Tesla Inc.’s Autopilot semi-autonomous driving hardware, left the company earlier this week.
Accounting Changes Cut VW Group Profits
4/26/2018Volkswagen AG’s unit sales and revenue gained in the first quarter, but an accounting change turned a slight gain in earnings into a 2% decline.
Chinese Market Boosts Visteon Profits
4/26/2018A surge in first-quarter sales in China offset a decline in North America for Visteon Corp.
FCA’s Profit Surges 55%
4/26/2018Fiat Chrysler Automobiles NV’s adjusted net profit zoomed to €1 billion ($1.2 billion) in January-March from €671 million in the same period last year.