Mexican Media Brands
Trump Tariffs Add $300 Billion in Chinese Goods
8/1/2019President Donald Trump says he will add 10% tariffs on the remaining $300 billion worth of goods from China not already being hit with punitive U.S. taxes, effective Sept. 1.
Startup Develops Automated EV Charger
8/1/2019Stable Auto, a San Francisco-based startup, has developed a robotic charging system and advanced scheduling software for future self-driving electric vehicles.
GM Posts 2% Profit Gain as Revenue Dips
8/1/2019General Motors Co. boosted its net income in the second quarter 2% to $2.4 billion, as revenue slipped 2% to $36.1 billion.
Nidec, GAC Form Joint Venture for EV Motors
8/1/2019Japan’s Nidec Corp. is forming a joint venture with China’s GAC Components Co. to provide propulsion motors to Guangzhou Automobile Group for future electric vehicles.
Vision Software Developer Lands Investors
8/1/2019Recogni Inc., a Silicon Valley-based developer of high-speed sensor fusion processors for autonomous vehicles, has attracted $25 million in Series A funding.
Modern Machine Shop Announces Top Shops Honorees for 2019
8/1/2019Annual Benchmarking Program Identifies Best Practices at Best-In-Class Manufacturing Facilities
Mazda’s Net Income Plunges 75%
8/1/2019Mazda Motor Corp. posted sharp declines in earnings for its fiscal first quarter ended June 30, as revenue slipped and unit sales fell 13% to 353,000 vehicles.
BMW’s Quarterly Net Profit Drops 29%
8/1/2019BMW AG’s second quarter saw gains in unit deliveries and revenue but sharp declines in pretax and net earnings.
Auto Slowdown Threatens German Economy
8/1/2019Production by Germany’s automotive sector shrank 12% in the first half of 2019, threatening the health of the country’s economy.
India Offers to Lease EVs to Taxi Fleets
8/1/2019Red tape is slowing India’s plan to put 10,000 electric vehicles into government fleets, so the country hopes to lease some of the backlogged EVs to taxi operators instead.