Mexican Media Brands
Tesla’s Losses Deepen by 17%
5/4/2017Tesla Inc.'s net loss grew to $330 million in the first quarter of 2017 from $282 million in the same period last year. Revenue jumped to $2.3 billion from $902 million in the first quarter of 2016.
FCA Inks New Deals to Supply Diesels to Tata, Maruti Suzuki
5/4/2017Fiat India Automobiles Ltd. (FIAL) has signed a deal to supply a combined 220,000 diesel engines over three years to local producers Maruti Suzuki India and Tata Motors.
Flying Car Flight of Fancy Gets Real
5/3/2017People have been dreaming about flying cars since the early days of the auto and aircraft industries.
Fed Signals No Rate Hike Until at Least June
5/3/2017As expected, the Federal Reserve has opted not to raise interest rates until at least its next review in June.
GM Expands Maven Platform to Freelancers
5/3/2017General Motors Co. is expanding its Maven ride-share platform to enable drivers—including those who don’t own a car—to rent Maven vehicles for such services as package and grocery delivery in addition to ride sharing.
VW Reports Big Revenue, Profit Gains
5/3/2017Volkswagen AG’s revenue grew 10% to €56.2 billion ($61.4 billion) in the first quarter of 2017, even though retail sales dipped by 13,000 units to 2.50 million passenger and commercial vehicles.
Germany Aims to Grow CNG Fleet, Fuel Network
5/3/2017Volkswagen AG has signed an agreement with several compressed natural gas groups to expand the availability and use of the fuel in Germany.
Mahindra Drops EV Sales in U.K.
5/3/2017India’s Mahindra & Mahindra Ltd. says poor demand has prompted it to shut down sales of its electric e2o electric city car in the U.K., Reuters reports.
EV Bus Company to Test Automated Service
5/3/2017Proterra Inc. says it is launching a pilot program to test a self-driving electric bus on the campus of the University of Nevada in Reno.
Nissan Readies Long-Range EV
5/3/2017Nissan Motor Co. is developing a long-range electric vehicle that it plans to launch in 2020.