Source: Expansion

National 

“Anyone with pen and paper or some kind of 3D software can try to create the car of the future.” Expansión presented seven concept vehicles conceived outside the industry.

COMPAS will open in December in Aguascalientes, with a 230,000-unit production capacity once it is fully ramped up.

Between January and June 2017, automotive financing in Mexico reached the highest level in the last decade, with 68.2 percent of the total light vehicle sales nationwide, according to a report by the Mexican Association of Automotive Distributors (AMDA).

Source: J.D. Power

International 

The US reports its seventh month with decreasing sales. According to AP News, GM’ sales went down 15 percent in July and Ford’s fell 7.5 percent. Fiat Chrysler’s sales were also down by 10 percent.

Bloomberg recently reported Ferrari wants to introduce a ‘Utility Vehicle’ to double its profit. According to the site, “Ferrari’s current target is to boost vehicle sales to 9,000 cars in 2019 from 8,014 in 2016.”

According to J.D. Power’s latest Automotive Performance, Execution and Layout (APEAL) Study, automakers are becoming even better at giving customers what they want across all categories.

Don’t forget to follow us on twitter at @mexautomotive and @mexautomotriz for the latest industry news.

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