Mexican Media Brands
Porsche Doubles EV Target for 2025
4/25/2018Porsche AG says about half the vehicles it sells by 2025 will be equipped with hybrid or all-electric powertrains, twice the ratio it forecast four weeks ago.
Mazda Predicts 20% Drop in Operating Profit
4/25/2018Mazda Motor Corp. says an upswing in spending for technology and U.S. sales expansion will shrink its operating profit 20% to 110 billion yen ($1 billion) in the fiscal year that began this month.
Honda Debuts China EV Brand and Concept Car
4/25/2018Honda Motor Co. says it will launch a production version of its new all-electric concept car later this year in China under a new sub-brand called Everus.
Porsche Seeks Court Order to Return Seized Emissions Data
4/25/2018Volkswagen AG’s Porsche unit has asked a court in Stuttgart to block local prosecutors from examining documents they seized in their probe of diesel emission cheating, Reuters reports.
GM Adds a Shift at SUV Plant in Tennessee
4/25/2018General Motors Co. is restoring third-shift production in September at its SUV/crossover vehicle plant in Spring Hill, Tenn.
Volvo Targets 50% EV Sales by 2025
4/25/2018Volvo Cars Corp. expects half its global sales will come from fully electric vehicles by 2025.
Elio Motors Gets Funding Lifeline from Overstock.com
4/25/2018Struggling three-wheel-car startup Elio Motors Inc. has sold $2.5 million of newly issued common stock shares to online retailer Overstock.com.
Ford Reorganizes China Operations
4/25/2018Ford Motor Co. is adopting a single distribution channel in China and is making several executive changes to implement the strategy and reverse the company’s slumping sales in the country.
Bosch Claims Emissions Breakthrough for Diesels
4/25/2018Robert Bosch GmbH says it has developed an emission control technique that could revive the future of diesels by slashing their output of nitrogen oxides nearly 90%.
Ghosn Declares EV Range Anxiety Is Dead
4/25/2018Renault-Nissan-Mitsubishi alliance Chairman Carlos Ghosn declares that consumer fears about the driving range of electric vehicles is over, The Nikkei reports.