Top News:
- Audi to build electric Q5 in Mexico – Just-auto: VW group luxury car unit Audi plans to build an electric version of its Q5 SUVat its new plant in Mexico, a media report said.
- Ford US shortens summer shutdown at SUV plants – Just-auto: Ford in North Americasays its SUVs are off to their best sales start in company history in the first five months of the year, prompting the company to build nearly 22,000 extra SUVs this summer.
- ew is held by other auto industry-related firms such as construction equipment maker JCB.
- BMW Group breaks ground for plant in Mexico – Just-auto: BMW has broken ground for a new plant in Mexico that will make the BMW 3 Series from 2019, displacing 3Series production at the company’s plant in South Africa.
- Minister says Iran JV local content to double – Just-auto: Iran anticipates domestic automotive content will reach 80% as the country continues to reap the benefits of sanctions ending at an astonishing rate.
- Mercedes-AMG GT R teased on video ahead of Goodwood – Autocar: Mercedes-AMG will launch a hardcore variant of its GT sports car at this year’s Festival of Speed; its V8 will produce around 570bhp
- Ford overhauls small car strategy in Europe – Automotive News: In a radical shift, Ford Motor is repositioning itself in Europe’s small car market by abandoning the minicar segment and focusing on…
- Scandal-hit Mitsubishi Motors set to pay 625000 car buyers $1000 – Nikkei: The payouts would also be intended to cover the difference between what owners of the affected vehicles paid for the automobile weight tax when…
- Mitsubishi Motors to compensate drivers for emissions fraud – Nikkei:
- Aston Martin and Red Bull secretly reveal AM-RB 001 hypercar – Autocar: The Aston Martin-Red Bull hypercar was unveiled to potential owners at a closed event in Monaco last month
- BMW Asia Says Vietnam Is a Top Growth Market as Economy Expands – Bloomberg: BMW AG said its car sales in Vietnam are expanding at the fastest pace among markets in Southeast Asia as the nation’s economic growth spurs…
- VW’s future strategy doesn’t address today’s questions – Freep: VW CEO Matthias Mueller ran through a litany of areas in which VW trails the rest of the auto industry – efficiency, autonomous vehicles, electric…
- Next-generation Toyota Prius has solar roof for Europe, Japan – Automotive News: But Koji Toyoshima, chief engineer of the Prius plug-in and its standard Prius hybrid sibling, says Toyota aims to introduce the panels Stateside too.