Category: Automotive

Nissan considers moving U.K. SUV production overseas on Brexit

Siddharth Philip and Kae Inoue, Bloomberg Published 12:28 p.m. ET Oct. 1, 2019 | Updated 12:31 p.m. ET Oct. 1, 2019 Nissan Motor Co. will consider moving production of its SUVs outside the U.K. if the country leaves the European Union without a deal, people familiar with the matter said. Manufacturing of the Qashqai SUV… Continue reading Nissan considers moving U.K. SUV production overseas on Brexit

Press: ZF Issues Bonded Loans of EUR 2.1 Billion

Current issuing replaces a part of the bridge financing for the WABCO acquisition Issuance with high demand among German financial institutions and major international banks Second-largest bond-loan issuing in the history of ZF Friedrichshafen. ZF Friedrichshafen AG (ZF) has issued a bonded loan of EUR 2.1 billion. With the funds, ZF replaces a part of… Continue reading Press: ZF Issues Bonded Loans of EUR 2.1 Billion

Mazda informa sus resultados de ventas de septiembre

IRVINE, California, 1 de octubre de 2019 /PRNewswire-HISPANIC PR WIRE/ — Mazda North American Operations (MNAO) informó hoy que sus ventas totales en septiembre ascendieron a 18,838 vehículos, lo que representa una disminución del 11.4 por ciento en comparación con septiembre de 2018. Las ventas en lo que va del año hasta septiembre experimentaron una… Continue reading Mazda informa sus resultados de ventas de septiembre

Hennessey Venom F5 Engine Delivers 1817 Horsepower

A Texas-Built Twin Turbo V8 Engine Named “FURY” Sealy. Texas– After an extensive engineering and development phase, the Hennessey team has done it again. The company’s all new Venom F5 engine produces an astounding 1817 horsepower and 1193 lb-ft of torque. Based on the classic American V8 / LS architecture, the Hennessey V8 engine uses… Continue reading Hennessey Venom F5 Engine Delivers 1817 Horsepower

Byton M-Byte might bypass China tariff with Korean assembly for the US

China's Future Mobility Corp, parent company of Byton, has inked a deal with South Korea's Myongshin to build the electric M-Byte CUV at the latter's former General Motors facility, potentially allowing the company to bypass U.S. and European tariffs.

Vehicles built in Korea can be exported to the U.S. (and parts of Europe) thanks to existing free-trade agreements. Myongshin Vice President Park Ho-seok told Reuters that the partnership will produce vehicles for both Korean domestic consumption and export markets, but FMC has not yet announced which markets those will be.

Green Car Reports reached out to Byton for clarification, and while a company spokesperson acknowledged the Reuters report and confirmed the production plans, they did not have any information regarding the markets that would be supplied by Myongshin's facility. More details are expected in the coming weeks.

2021 Byton M-Byte production interior

The M-Byte is just one of three vehicles FMC's Byton currently has in development. All three share both a mechanical architecture and a software platform, which allows the company to streamline the process from day one, rather than having to adapt existing platforms or develop separate architectures in parallel.

“That’s rare, because usually there are so many pre-existing platforms, a bit of architecture, or maybe a plant that we had in mind,” Byton chief engineer David Twohig told us earlier this year. “It's a very unusual approach of having done the architecture for three cars from day one.”

The M-Byte SUV will go on sale in China in the second half of 2020 and should reach the U.S. and Europe in 2021.

BMW of North America Reports September 2019 U.S. Sales.

WOODCLIFF LAKE, N.J.–(BUSINESS WIRE)–BMW brand sales totaled 27,467 vehicles in September 2019, an increase of 6.0 percent over the 25,908 vehicles sold in September 2018. Year-to-date, BMW brand sales in the U.S. are up 3.3 percent. “With September’s results, we have now achieved positive sales growth in 24 of the past 25 months,” said Bernhard… Continue reading BMW of North America Reports September 2019 U.S. Sales.