Mexican Media Brands
Elio Motors Seeks $100 Million Cash Infusion
8/15/2017Startup Elio Motors Inc. is scrambling to launch an initial public offering so it can raise $100 million needed to launch production of its three-wheeler in 2019.
Germany to Test High-Wire Act for Hybrid Trucks on Autobahn
8/15/2017Siemens AG says it has won a contract to build an overhead electrical contact line to test a system for hybrid commercial trucks on the autobahn.
Nexteer’s Net Profit Jumps 21% in First Half
8/15/2017Steering systems supplier Nexteer Automotive Corp. says its next profit in January-June climbed 21% to $180 million.
Bimmer M3/M4 Cars Give Carbon Fiber the Shaft
8/15/2017BMW AG’s M3 and M4 performance cars are shifting from lightweight carbon fiber-reinforced plastic (CFRP) driveshafts to traditional steel units to allow the installation of particulate filters to help meet tougher emissions requirements.
Ford GT40 Roadster Prototype on the Block
8/15/2017The lone remaining 1965 Ford GT40 Roadster prototype in its original condition is up for sale.
9 Brands Opt Out of Frankfurt Auto Show
8/15/2017Nine European, Asian and U.S. brands that represent about 20% of car sales in Europe won’t participate at next month’s Frankfurt auto show, Automotive News reports.
U.S. Roadway Fatalities Down Slightly
8/15/2017The number of traffic-related deaths in the U.S. fell 1% through the first half of the year compared with the same period in 2016 but are up 8% over like-2015, according to preliminary estimates from the National Safety Council (NSC).
“New-Energy” Car Sales Top 1 Million in China
8/15/2017Carmakers have sold nearly 1.02 million electric and hybrid vehicles in China to date, according to the country’s Ministry of Public Security.
Center for Auto Safety Picks Levine for Top Post
8/15/2017The Washington, D.C.-based Center for Auto Safety has chosen Jason Levine to be its executive director. Levine succeeds long-time chief Clarence Ditlow, who died last November.
Merkel: Piston Engines Will Be Phased Out
8/15/2017German Chancellor Angela Merkel tells the weekly Super Illu that Europe’s trend toward eliminating both gasoline and piston engines years from now is correct.