- Another setback for Elon Musk’s SpaceX after mishap with NASA rescue mission – Businessinsider
- European carmakers brace for a deeper and longer downturn – FT
- BMW Urges Germany to Vote Against EU Tariffs on Chinese-Made EVs – Bloomberg
- New Peugeot e-408 to take on Polestar and Tesla – Autocar
- Xpeng Exploring Localization Options as Europe Tariff Vote Looms – Bnnbloomberg
- Skoda Elroq EV will be priced to match combustion-engine rivals – Automotive News
- VW Reaches 23-mn-euro Dieselgate Settlement In Austria – Barrons
- Tesla to return to Paris show after six years – Automotive News
- BYD monthly sales top 400,000 for first time – Automotive News
- Tesla Stock’s Rebound Depends on Solid Deliveries Today – Barrons
- Outgoing Daimler Truck CEO sees no recovery in China and Germany – Reuters
- Skoda extends small combustion car lifespans in EV slowdown – Autocar
- EU to vote on Chinese electric vehicle tariffs, Tesla vs China: 7 EV reads you missed – SCMP
- Renault /Volvo Estafette van concept debuts at Hannover IAA show – Automotive News
- Volvo Cars reports slight sales increase amid market uncertainty – Reuters
Wednesday Morning Auto News, Oct 02, 2024: Another setback for Musk’s SpaceX. EU OEMs brace for deeper downturn. BMW urges vote against China tariffs. More.
Tuesday Morning Auto News, Oct 01, 2024: Tesla faces widening strike in Sweden. BYD sales surge. Ferrari shuts gas-powered plant. VW in decline. More.
- Tesla Faces Widening Strike in Sweden as Unions Double Down – Bloomberg
- BYD Monthly Sales Surge Over the 400000 Mark for the First Time – Bloomberg
- Ferrari shuts down gas-fuelled plant to double solar production – Reuters
- VW’s second profit warning exposes an automaker in decline – Automotive News
- Waymo self-driving car interrupts Vice President Harris’ motorcade in San Francisco – Mercurynews
- Ford most at risk from China exposure among 250 American firms – The Detroit News
- Stellantis to halt production of electric Fiat 500 for longer due to poor demand – Reuters
- Free option from Ford will ease pain of seat belts for cancer patients – Freep
- 3 of China’s Tesla rivals had a record month, putting pressure on Elon Musk – Businessinsider
- Tesla Stock Rises. Elon Musk Is Creating an Economy of ‘DREAMS.’ – Barron’ – Barrons
- US lawmakers ask Mexican president-elect to address Chinese vehicle concerns – Reuters
- A Tesla camera in Ohio captures heist as police discover a new crime-fighting tool – Automotive News
- September sales fall at Hyundai, Kia – Automotive News
- Tesla raises Sweden market share despite labour strike – Reuters
Monday Morning Auto News, Sep 30, 2024: Chinese EV sales way down in EU. Musk hit with last fine in Brazil. Opposition to Akio Toyoda spreads. Mark Cuban warns Musk on Trump. More.
- Chinese Carmakers Sell Fewest EVs in Europe in 18 Months – Bloomberg
- Elon Musk’s X Hit With One Last Fine Before Reinstatement in Brazil – Businessinsider
- Mark Cuban warns Elon Musk: Trump’s ‘loyalty is only to himself’ – CNBC
- Opposition to Toyota’s chairman spreads among big shareholders – Japantimes
- Chery delays plan to build EVs in Spain on EU tariffs, report says – Automotive News
- BYD, SAIC: Chinese EV Sales in Europe Lowest in More Than a Year – Bloomberg
- Mark Cuban tells ‘faithful soldier’ Elon Musk that Trump will eventually turn on him – Businessinsider
- Ford to offer free chargers to EV buyers through year-end – Reuters
- China’s factory and service sectors skid as stimulus calls grow – Japantimes
- Ford offers EV buyers free home charger, installation in Q4 – Automotive News
- Stellantis Guidance Was So Bad, Ford and GM Stocks Get Crushed – Barron’ – Barrons
- Ford to offer free chargers to EV buyers through year-end – Reuters
- Me & My Car: 1969 Chevrolet Camaro convertible in Danville is a pace setter – Mercurynews
- Ford Offers Free Electric Vehicle Chargers in Bid to Boost Sales – Bloomberg
- Tesla Stock Is Rising. Here’s What’s Moving Shares. – Barrons
Friday Morning Auto News, Sep 27, 2024: Friday Morning Auto News, Sep 27, 2024: “Culture of Fear” at Tesla Grünheide leads to >15% sick leave rates. Detroit 3Q sales expected to be down. Musk’s free speech flawed. More.
- Tesla home checks on workers on sick leave defended by boss in Germany – Guardian
- Third-quarter new vehicles sales could be rough for these two Detroit automakers – Freep
- Musk’s Free Speech Absolutism is Fundamentally Flawed – Bloomberg
- Musk’s X seeks Brazil comeback, retreats on ‘censorship’ feud – Reuters
- Toyota global output falls for 7th straight month in August – Reuters
- 2025 Toyota GR Corolla breaks cover—what’s new with Toyota’s hot hatch – Autoblog
- Elon Musk Is Looking Into Tesla’s German Workers Calling in Sick – Bloomberg
- OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company – Mercurynews
- Toyota Ends Sponsorship With ‘Political’ Olympics – Barrons
- Meet the United Auto Workers members who could swing the election – Washington Post
- GM readies to let go of hundreds of temps over 2 local UAW disputes – Freep
- Toyota to recall over 42,000 U.S. vehicles over loss of power brake assist – Japantimes
- Air France is partnering with Elon Musk’s Starlink to offer free high-speed Wi-Fi during flights – Fortune
- Elon Musk’s Week on X: Deepfakes, Falsehoods and Lots of Memes – New York Times
- BMW recalls more cars over new issue with Continental’s brakes – Automotive News
World’s Largest Automakers, August 2024: Peak cars, contd.
Eight months into the year, steady erosion grinds down world’s largest automakers. In all likelihood, they will end the year with sales below in the last. Cars have always been a cyclical business, and the down-cycle is very much evident.
Toyota Group, down 3.9% YTD, mainly blames the “continued severe market conditions in China, such as the intensifying price competition,” and the results of the production suspensions back home.
At the Hyundai Group, down 1.3%, promises are made to “cope with business uncertainties.”
AWOL Volkswagen decided to report its global sales only quarterly, reducing 12 embarrassments per year to only four.