In August, auto sales in Mexico increased to 113,873 units, their highest level in five months
The sales of automobiles in Mexico strengthened in August as more than 113,800 units were sold, which was the highest...
Industry
Automobile sales in the EU decline due to economic concerns
The sales of light vehicles in the United States would remain stable in August, but they showed the first signs...
Subway sandwich chain to be acquired by Roark Capital for up to $9.55 billion
In a deal that, according to persons familiar with the situation, could value the American sandwich company at up to...
Ferrari CEO claims that roughly a third of new customers are under 40
Despite some of its automobiles having a three-year waiting list, Ferrari's CEO stated that the business has no plans to...
Tesla unveiled cheaper, shorter-range Model S and Model X electric vehicles
With an intriguing twist, Tesla (TSLA) unveiled less expensive versions of its higher-end Model S and Model X sedans. Tesla...
After Zachary Kirkhorn’s resignation, Tesla names a new financial director
Elon Musk's company did not specify the reason for Kirkhorn's departure; he had worked for Tesla for 13 years and...
Ferrari increases its forecast after profits soar as more consumers customize their sports cars.
As more of its clients selected pricey "personalization" options for their new sports vehicles, Ferrari said on Wednesday that its...
Due to nearshoring, 80 companies from South Korea want to invest in electronics and semiconductors in Mexico
A group of 80 electromobility, electric vehicle, and semiconductor manufacturers from South Korea are interested in investing and making Mexico...
Five days after debut, Meta’s Threads app had 100 million signups
Today, Meta Platforms Inc. revealed that more than 100 million people had downloaded the brand-new social networking software Threads. The...
Automakers warn that Biden’s drive for electric vehicles is doomed to collapse
According to two of the biggest automakers in the world, Joe Biden's rush to adopt electric vehicles runs the risk...
