Mexican Media Brands
Great Wall Backs Off on Bid for Jeep
8/22/2017Great Wall Motor Co. concedes there are “big uncertainties” about its interest—and ability—to buy the iconic Jeep SUV brand from Fiat Chrysler Automobiles NV, Bloomberg News reports.
Hyundai to Add Pickup Truck to U.S. Lineup
8/22/2017Hyundai Motor Co. is developing a pickup truck to introduce in the American market a few years from now.
Ford Signs EV Development Agreement with Zotye Auto
8/22/2017Ford Motor Co. has signed a memorandum of understanding with China-based Anhui Zotye Automobile Co. to explore the potential for a joint venture to produce electric vehicles in China.
Adient Buys Tesla Interiors Supplier
8/22/2017Adient plc has agreed to buy Oak Park, Mich.-based seating and interiors supplier Futuris Global Holdings LLC from Clearlake Capital Group for $360 million.
U.S. Gets Tough in NAFTA Talks
8/22/2017The U.S. is insisting on major changes to the North American Free Trade Agreement as the first round of talks wrapped up in Washington, D.C.
Ford Launches U.K. Scrappage Plan for Pre-2010 Cars
8/22/2017Ford Motor Co. is offering customers who scrap a car that is more than 7 years old £2,000 ($2,600) toward the purchase of a new vehicle.
Car Sales Surge 37% in Indonesia
8/22/2017New-car deliveries in Indonesia jumped 37% year on year to 84,900 units last month, according to the Jakarta-based Assn. of Indonesia Automotive Industries (Gaikindo).
Used-Car Prices in U.S. Down 17%
8/22/2017The average price of a used car in the U.S. has dropped to $15,300 from $18,400 2 months ago, according to car market analytics company Black Book.
Mercedes to Unveil Fuel Cell Vehicle in Frankfurt
8/21/2017Daimler AG’s Mercedes-Benz unit will take the wraps off a fuel cell-powered version of its GLC crossover vehicle at next month’s Frankfurt auto show.
Demand for Motorcycles Fades in Japan
8/21/2017Motorcycle makers in Japan are phasing out models as regulatory costs rise and sales decline.