Mexican Media Brands
BMW Joins Formula E Race Series
7/11/2017BMW AG confirms it will join the Formula E electric vehicle race league as an official manufacturer for the 2018/19 season.
Ford Replaces Chevy as Top Dream Cruise Sponsor
7/11/2017Ford Motor Co. will be the main sponsor of next month’s Woodward Dream Cruise classic car event in Michigan.
12th U.S. Fatality Blamed on Takata Airbag
7/11/2017Honda Motor Co. has attributed a 12th fatality in the U.S. to the explosion of a faulty Takata Corp. airbag inflator.
Congress to Unveil Self-Driving-Car Legislation
7/11/2017The U.S. House of Representatives Energy and Commerce subcommittee is expected to introduce bills later this week to spur the introduction of autonomous vehicles and prevent states from setting their own rules on the issue, Reuters reports.
Faurecia Forms Seating JV in China
7/11/2017France’s Faurecia SA has formed a joint venture with China’s Liuzhou Wuling Industry Co. to supply seating systems for SAIC-GM-Wuling Automobile Co. and other carmakers in China.
June Vehicle Wholesales Rose 5% in China
7/11/2017Wholesales of cars, trucks and buses in China rose 5% year on year to 2.2 million units in June, according to the China Assn. of Automobile Manufacturers.
Faraday Future Shelves Nevada EV Factory
7/11/2017California-based electric car startup Faraday Future Inc. has again suspended plans to build a $1 billion assembly plant in North Las Vegas, this time indefinitely.
Pakistan Approves Three Carmaking Ventures
7/11/2017Pakistan’s ministry of industry and production has granted three joint ventures worth a combined $372 million to launch local car production in the country as early as next year.
VW Brand Sales Rise 4%
7/11/2017Volkswagen AG’s VW brand reports sales of 512,700 vehicles in June compared with 492,800 units in the same month last year.
Electrified Vehicles Could Capture Half of New-Car Sales by 2040
7/10/2017Hybrid and all-electric vehicles are expected to grow to 54% of the new vehicle market—and as much as one-third of the vehicle fleet—by 2040, according to Bloomberg New Energy Finance (BNEF).