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Chinese Carmaker’s U.S. Unit Lands PR Veteran
7/31/2019HAAH Automotive Holdings, the U.S. distributor for Chinese carmaker Zotye Automobile International Co., has hired Chris Hosford to head its public relations.
Equity Group Buys J.D. Power
7/31/2019Thoma Bravo LLC, a private equity firm with offices in Chicago and San Francisco, has agreed to buy quality survey specialist J.D. Power from Xio Group.
Indonesia Confirms Hyundai EV Factory Project
7/31/2019Hyundai Motor Co. has secured a site outside Jakarta on which to build a factory to make electric cars, according to an Indonesian cabinet official.
Pence Urges Congress to Act on USMCA
7/31/2019Congressional approval of the updated North American Free Trade Agreement remains mired and “the clock is ticking,” says Vice President Mike Pence.
Investment in British Auto Industry Plunges 74%
7/31/2019New investment in Britain’s automotive sector plummeted 74% in the first half of 2019, according to the Society of Motor Manufacturers and Traders.
Slow-Selling Bimmers Getting Axed?
7/30/2019To help cut costs, BMW AG plans to drop several nameplates and model variants in coming years, sources tell Automobile.
Tax on Tesla’s Shanghai Plant: $323 Million
7/30/2019Tesla Inc. will be required by the end of 2023 to pay annual taxes of about $323 million for the factory it is building in Shanghai, according to The Nikkei.
Euro Noise Regs Quiet Mercedes-AMG Models
7/30/2019Tighter noise regulations in Europe have pushed Daimler AG’s Mercedes-AMG unit to tone down the exhaust nodes of its performance cars.
Renault-Nissan Alliance Cedes Top Sales Crown
7/30/2019The Renault-Nissan-Mitsubishi alliance fell in the first half of 2019 from first to third among the world’s top-selling carmakers.
Airbus: No Robotic Flying Taxis Coming Soon
7/30/2019France aerospace giant Airbus SE is testing prototype autonomous electric planes, but the company says commercial applications aren’t likely for many years.