Mexican Media Brands
VW Plans JVs, Funding to Expand EV Supply Base
7/8/2019Volkswagen AG tells Reuters it intends to launch supplier joint ventures and help fund batterymaking capacity to support its aggressive electric-car sales plans.
Faurecia to Open R&D Center for Hydrogen Tanks
7/8/2019Faurecia SA plans to open a center of expertise for hydrogen storage systems at the company’s research and development center in Bavans, France.
ZF Wins Big Transmission Order from FCA
7/8/2019ZF Friedrichshafen AG says it will supply 8-speed automatic transmissions to Fiat-Chrysler Automobiles NV for use in conventional and hybrid-electric vehicles.
Toyota to Supply Fuel Cell Tech for FAW-Higer Buses in China
7/8/2019Toyota Motor Corp. has agreed to supply fuel cell technology to Chinese carmaker FAW Group and Higer Bus Co.
Eastern Europe Braces for Auto Industry Contraction
7/8/2019Eastern Europe’s auto industry faces cutbacks as production falters amid trade tensions, cost competition and the shift to electric powertrains.
BMW CEO Krueger Won’t Seek Second Term
7/5/2019Harald Krueger, who took over as CEO at BMW AG in 2015, won’t seek another term because he wants to “pursue new professional endeavors.”
China: No Trade Deal Unless U.S. Drops Tariffs
7/5/2019China reiterates that it won’t agree to a trade deal with the U.S. unless it includes an end to punitive tariffs imposed by the Trump administration.
Car Sales in Germany Drop 5% on Fewer Selling Days
7/5/2019Registrations of new cars in Germany slid 5% to 325,200 units last month, according to the country’s KBA transport authority.
VW Names Ex-BMW, Volvo Exec to Head R&D in China
7/5/2019Volkswagen AG has hired Thomas Mueller to integrate and head the group’s product development in China. He began his new job on July 1.
JLR Confirms Plans to Make EVs in England
7/5/2019Jaguar Land Rover Ltd. verifies earlier reports that it will produce a range of electrified vehicles in England at its factory in Castle Bromwich.