- South Korean sales rise 10% (to 144,422 units)in July.
- Geely’s Volvo sells 600,000 vehicles on Compact Modular Architecture platform.
- Lear, an American company that manufactures automotive seating and automotive electrical systems, records a new net loss of $294m in Q2.
- Bridgestone Americas, a world leader in tire and rubber technologies, appoints Charlie Rule as Latin America president, effective 1 August.
- New Zealand vehicle sales “surprisingly strong” July 2020, said New Zealand’s Motor Industry Association(MIA).
- Mazda reports July 2020 sales of 24,085 vehicles.
- Mahindra & Mahindra Ltd(M&M Ltd), an Indian multinational vehicle manufacturing corporation headquartered in Mumbai, sells 25,678 vehicles in July 2020.
- Hyundai Motor America reports 57,677 units in July, a 1% increase compared with July 2019.
- Kia Motors reports global sales of 219,901 units in July 2020.
- Plug Power providing hydrogen fuel cell solutions for Asda truck fleet.
- Subaru of America reports July sales of 51,458 units in July 2020.
- Maruti Suzuki reports 108,064 units in July 2020.
- Cooper Tire posts Q2 net loss of $6m.
- Hankook Tire reports Q2 profit of $57m.
- Jim Hackett will retire as CEO of Ford on Oct.1 and he will work with Farley over the next two months to ensure a smooth transition.
- Toyota, Honda, Kia rally continues.
- Hyundai posts 1st gain since Feb.
- Lithia Motors, an American nationwide automotive retailer headquartered in Medford, Oregon, buys 4 import brand stores in Texas.
- China’s sales of light and commercial vehicles rose 15% in July.
- Ford launches credit card to boost customer loyalty. Cardholders get money back on vehicle-related purchases and can soon match the color of their card to the color of their Ford vehicle.
- Toyota wants to be good at both hardware and software.
- Dealer adds mental health resources to help with strain of pandemic.
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