Automotive News

Toyota acquires 5% stake in Mazda as part of joint venture for new plant, electric cars
An automotive capital alliance is in the works between Toyota and Mazda to pave way for a joint-venture aimed to establish an auto plant in the U.S. and the development of electric vehicle technologies, Japanese media outlet Nikkei Asian Review revealed today. A deal that includes the acquisition o...
Final decision for production of the Ford Fiesta in Mexico is yet to be made
Ford Motor CEO Jim Hackett is still reviewing the automaker's global operations, hence a decision regarding production of the Fiesta subcompact in Mexico is yet to be made, Reuters reported in recent days.  The report comes after a Romanian news site, citing a Ford executive, revealed the company ...
This is how auto sales ended up in July across the NAFTA region
Mexican auto dealers sold 122,110 light vehicles in the seventh month of 2017, 7.3% less units tan the 131,764 vehicles delivered in July 2016. Total sales from January through July still represent a 1.4% increase to 865,161 vehicles from 853,620 units sold during the same seven-month period from 20...
Mexican auto sales drop 7.3% in July; year-to-date deliveries still up 1.4%
Mexican auto dealers sold 122,110 light vehicles in the seventh month of 2017, 7.3% less units tan the 131,764 vehicles delivered in July 2016. Total sales from January through July still represent a 1.4% increase to 865,161 vehicles from 853,620 units sold during the same seven-month period from 20...
US auto sales fall 7% in July; SUVs and pickups still on strong demand
Sales of new cars and trucks in the U.S. market dropped 7% to 1.4 million units in July. It was the seventh straight month of sales decline and the biggest fall in this year, according to figures by Autodata Corp. Sales of Detroit automakers fell more than expected. When compared to the same month ...