Chinese battery-electric-vehicle maker BYD is entering South America with its least-expensive BEV, and continues to pursue a manufacturing site in Mexico as a staging ground for the U.S. market.
Toyota is on track to become the Japanese leader in BEV sales, surpassing Nissan, although questions remain about the automaker’s commitment to the segment.
In this GlobalAutoIndustry.com Audio Interview "M&A in Germany: Distressed Companies and German Insolvency Laws" Ron Hesse speaks with Phil Hertzog, Managing Director of Germany-based Restructuring Alliance GmbH.
Production in January recorded strong year-over-year growth of 8% to reverse December’s decline, but production slowdowns for model changes and inventory control will dampen output in February and March.
Automakers including Hyundai, Volkswagen, Ford and others still support and appear at auto shows to get consumers to sit in and test drive electric vehicles.