Friday morning car news roundup, July 29, 2016

Today is Friday

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Never Mind The Scandals: Volkswagen World’s Largest Automaker In First 6 Months Of 2016

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At halftime 2016, Volkswagen AG, scandal-rocked as it may be, still leads Toyota in the race for World’s Largest Automaker. With all three global giants having reported its global deliveries, Volkswagen is some 80,000 units ahead of Toyota. General Motors GM -3.90% is 360,000 units behind Volkswagen, and it definitely has long ceased being a factor in the race for the top spot.

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Thursday morning car news roundup, July 28, 2016

Today is Thursday

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The Cheap Yen Party Is Over: Nissan’s Lackluster Earnings Promise Gloom For Japanese Automakers

Nissan earnings - picture courtesy Bertel Schmitt

For more than two years, the Japanese auto industry profited from a cheap domestic currency, which translated foreign sales in to fat earnings at home. The party is over. This became clear today at 16:30 local, when Nissan put the last quarter earnings on the desks of reporters assembled at the company’s 8th floor meeting room of its Yokohama, Japan, headquarters. The company’s first-quarter net profit fell 10.7% year-on-year, operating profits in the same period were down 9.2%.

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Wednesday morning car news roundup, July 27, 2016

Today is Wednesday

Top News:   Grand Jury Looking into FCA Sales Reporting Scandal - Detroit Bureau: A federal grand jury is issuing subpoenas as government investigators expand their investigation into potentially illegal Fiat Chrysler Automobiles sales … [Continue reading]

Tuesday morning car news roundup, July 26, 2016

Today is Tuesday

Top News:   Europe first half new car sales highest since 2008 - Just-auto: Stronger economic conditions, new products and continuing shifts in consumer taste have all helped maintain positive momentum in the European car market during the … [Continue reading]

Monday morning car news roundup, July 25, 2016

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Top News: General Motors re-thinks India strategy - report - Just-auto: General Motors officials have said the automaker is re-evaluating its planned US$1bn spend to date in India and has put on hold moves to bring a new car platform to the … [Continue reading]

Friday morning car news roundup, July 22, 2016

Friday-picture-2-courtesy-manhattanprep

Top News: Tesla Isn't the Only Company With Bold Plans for Self-Driving Cars - Fortune: In June, it said that it planned to roll the cars out by 2021, although it doesn't want to become an automobile manufacturer. Rather, it wants to build … [Continue reading]