A high percentage of U.S. vehicle buyers seriously consider battery-electrics and plug-in hybrids, but don’t pull the trigger because they can’t find a product that precisely fits their needs, McKinsey & Co. says.
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Considered an exterior-design specialist, the 44-year-old Slovak is credited with overseeing the design of Skoda’s current lineup, including the recently introduced Kodiak CU.
Chief Financial Officer Chuck Stevens says the automaker’s dialogue with the Trump Admin. includes a strong desire for tax reform that improves the competitiveness of companies.
A Kremlin spokesman says President Vladimir Putin was to meet Wednesday with Volkswagen CEO Matthias Mueller about the automaker possibly expanding in Russia, where the automaker has only one factory.
Video Honda R&D's Ikuo Takeishi, general manager-engine development, and Shigeru Maruyama, general manager-hybrid system development, accept Honda's award at the 2017 Wards 10 Best Engines ceremony.
Hyundai says it may source batteries for a plug-in hybrid version of its Sonata sedan from China, leading to speculation the automaker may be trying to avoid Chinese retaliation for South Korea's deployment of a U.S. anti-missile system.
Sales of gasoline-powered light vehicles rose 8.9% last month, while diesel deliveries fell 4.3% and alternatively fueled vehicles sold at a rate 19.9% ahead of like-2016.
New models developed under its Chinese owner Zhejiang Geely Holding Group helped the Swedish automaker have record sales and an operating profit of SK11 billion last year, compared with SK6.6 billion in 2015.
