Mexican Media Brands
Audi Touts 48-Volt Mild Hybrid System
6/9/2017Audi AG says its next-generation A8 sedan will feature a standard mild-hybrid system—but powered by 48 volts—when the flagship model bows later this year.
Tesla Teases Model Y Electric Crossover
6/9/2017Tesla Inc. this week released the first official image of the Model Y crossover vehicle it plans to launch in about three years.
Hydrogenics Wins Fuel Stack Contract for China Buses
6/9/2017Canada’s Hydrogenics Corp. has signed an agreement with Blue-G New Energy Science and Technology Corp. to supply 1,000 fuel cell modules for use in electric buses in China.
Toyota Forms Cost-Cutting Task Force
6/9/2017Toyota Motor Corp. has created a high-level task force to oversee spending and cost-cutting initiatives.
Chevy Drops Sponsorship of Detroit’s Woodward Dream Cruise
6/9/2017General Motors Co.’s Chevrolet brand has ended its six-year run as the presenting sponsor of metro Detroit’s annual Woodward Dream Cruise classic car event, The Detroit News reports.
Car Sales May Jump 10% in Thailand This Year
6/9/2017New-car sales in Thailand climbed 16% to 273,800 units in January-April, according to the Federation of Thai Industries.
Ford Offers Buyouts to More Than 15,000 Salaried Workers
6/9/2017Ford Motor Co. has begun offering employment buyouts to 15,300 of its salaried workers.
Report: U.S. Car Sales Could Drop 10% Next Year
6/9/2017Auto analysts, pointing to five consecutive months of year-on-year shrinkage in the U.S. car market, are lowering their sales forecasts, Bloomberg News points out.
ECB Raises European Growth Forecasts
6/8/2017The European Central Bank has slightly increased its forecast for economic growth in the eurozone through 2019.
Magna Joins Mobility Tech Accelerator
6/8/2017Magna International Inc. has joined RocketSpace Inc.’s new Mobility Tech Accelerator Program that aims to spur innovation by connecting startup companies with corporate partners.