- Musk draws heat from San Francisco over giant X logo – Reuters
- Here’s What Tesla Owners Wish New EV Buyers Understood – Businessinsider
- Tesla to cut prices on some Model 3, Model Y in HK – Reuters
- Here’s Why Elon Musk’s Attempt to Make X a Super App Is Doomed to Fail – Businessinsider
- Maserati will never enter a price war with competitors, CEO says – Automotive News
- More records for Lamborghini as sales soar in first half of 2023 – Autocar
- Lamborghini could hit 10000 sales this year, CEO says – Reuters
- Panasonic Q1 profit jumps, maintains FY forecast – Reuters
- Toyota says to boost EV development and technology in China – Reuters
- Chinese battery companies spy a South Korean loophole to skirt US subsidy rules – SCMP
- New ZF tech promises big power, efficiency boost for EVs – Autocar
- Oil inventory drops set stage for higher prices – Reuters
- Morgan Stanley’s Slimmon names top tech stocks to buy after earnings season – CNBC
- Under the skin: Is ammonia the key to cutting CO2? – Autocar
- Auto seating supplier scraps unprofitable Jeep business near Detroit – Automotive News
- Uber Lawsuit Resolves Ethics Question of Self-Driving Cars Killing Pedestrians – Businessinsider
- Elon Musk’s flashing ‘X’ sign met with city of San Francisco’s scrutiny – Washington Post
- Elon Musk reinstates Kanye West’s Twitter account after ban – Guardian
Monday Morning Auto News, Jul 31, 2023: Musk draws heat from San Francisco over giant X logo. Lamborghini sales soar. More.
Friday Morning Auto News, Jul 28, 2023: Tesla’s secret team suppresses thousands of driving range complaints. Aston Martin appoints Geely CEO to board. More
- Tesla’s secret team to suppress thousands of driving range complaints – Reuters
- Aston Martin appoints Geely CEO to board – Automotive News
- Volkswagen Group reports solid H1 result, strengthens strategic position in China – Chinadaily
- Toyota to be top auto seller in January-June period for fourth year – Japantimes
- Twitter under fire for reinstating account that posted child sex abuse – Washington Post
- Tesla Faced 2,000 Complaints a Week Over Driving-Range: Report – Businessinsider
- Panasonic considering providing EV batteries to Subaru – Reuters
- GM warns US emissions rules could cost industry $100 billion in penalties in 2031 – Reuters
- Secret Tesla team reportedly thwarted range complaints by mass-canceling service appointments – LATimes
- Ford execs met with US lawmakers amid criticism of China battery maker CATL – Reuters
- Ford earnings report projects $4.5 billion loss from its EVs – Fortune
- Tesla’s dynamic pricing echoes legacy sales tactics – Automotive News
World’s Largest Automakers, halftime 2023: What disruption?
6 months into the year, the leaderboard is a picture of regained health. Neither upstart EV hopefuls, nor a global pandemic, nor the resulting supply chain hiccups could disrupt world’s largest automakers.
Toyota Group leads the field, and despite (or maybe because of) being a BEV skeptic, the Japanese OEM is a million units ahead of #2 Volkswagen, an avowed fan of battery-operated cars.
After a strong 2nd quarter, Volkswagen is up strongly, but strength will be necessary to meet Volkswagen’s down-revised 2023 sales target of 9 million units and change.
#3 Hyundai Group looks spunky as ever. Volkswagen better keep a few eyes in the rearview mirror.
And now for the usual disclaimer: Daily Kanban ranks world’s largest automakers by sales, as reported by the automaker. We used to determine the largest automaker in the world by looking at production, because this was how the global automaker umbrella association OICA had done it in the past. OICA seems to have thrown-in the towel, and you no longer will find any recent auto manufacturer rankings on the previously authoritative OICA website, neither by production, nor by sales. Reliable production data are harder and harder to come by, forcing us to switch to sales/delivery data published by automakers. Be aware that “deliveries” can be a rather elastic term. Deliveries can be sales to end users, or cars dumped on dealer lots, or cars “delivered” to sales organizations, or combinations thereof.
Thursday Morning Auto News, Jul 27, 2023: VW lowers volume targets. Tesla veers off freeway, injures 5. Musk swipes @x handle. More
- Volkswagen Lowers Delivery Targets as Supply-Chain Issues Persist – Wall Street Journal
- Tesla veers off 10 Freeway and crashes into homeless camp, injuring at least five people – LATimes
- Elon Musk swipes coveted @x handle from Twitter user – Fortune
- Elon Musk’s former Twitter lieutenant ‘surprised by his willingness to burn so much down’ – CNBC
- India’s Mahindra and Mahindra shares slump after RBL Bank stake buy stirs concern – Reuters
- Ford Earnings Face Obstacles. What the Stock Needs to Drive Forward. – Barrons
- New 1000bhp Lamborghini Revuelto order books full until 2026 – Autocar
- Tavares says EV ‘sweet spot’ is $25K, criticizes labor strikes as ‘destructive’ – Automotive News
- Deal focus: Audi to work more closely on an EV platform from SAIC – Just-Auto
- BMW opens ADAS test site – Just-Auto
- Western car makers look to slash EV costs to fight Chinese ‘invasion’ – Reuters
Wednesday Morning Auto News, Jul 26, 2023: Tesla cars barred from World University Games. Nissan and Renault reboot alliance. More.
- Tesla Cars Barred From World University Games Ahead of Xi Visit – Bloomberg
- Nissan and Renault reboot alliance after China ‘wake-up call’ – FT
- Fires risk turning EV progress to ash – Automotive News
- India open to Chinese investment, deputy IT minister says – Reuters
- Elon Musk’s Twitter X Rebrand Is Actually Quite Popular Among Users – Businessinsider
- Stellantis posts record $12.1B net profit in first half of 2023 – The Detroit News
- Ford Recalls 112,225 US Vehicles on Door Latch Issue, NHTSA Says – Bloomberglaw
- Hyundai & Kia axe diesel trucks – Just-Auto
- Aston Martin Valour: 705bhp V12 special sold out in two weeks – Autocar
- Nissan First-quarter Net Profit More Than Doubles On Weaker Yen – Barrons
- Aston Martin Vantage, DBX, DB12, DBS go plug-in hybrid after 2024 – Autocar
- Jim Farley to meet with Michigan lawmakers Wednesday on Capitol Hill – The Detroit News
- GAC Toyota cuts jobs – Just-Auto
- Hyundai Raises Sales, Profit Targets After Earnings Beat – Bloomberg
- Aston Martin losses narrow on sales boost – FT
- Stellantis, owner of Jeep, says it made $12B in net profit in first half of year – Freep
- Average Aston Martin price now £184k as firm hails profit hike – Autocar
- Porsche: seeking investors, new gigafactory location for Cellforce Group – Reuters
- Nissan nearly doubles Q1 operating profit – Reuters
- Stellantis’ first-half profits and revenue rise as supply issues ease – Automotive News
- US-European Automaker Stellantis Posts Record Profit – Barrons
- Porsche’s iconic 911 to be sole survivor of automaker’s combustion models – Reuters
- GM’s Fat Profits Are Getting Awkward – Wall Street Journal
- Hyundai Motor Posts Solid Second-Quarter Profit, Raises Targets – Wall Street Journal
- Porsche Profit Climbs on Robust 911, Macan Combustion-Car Sales – Bloomberg
- Nissan, Renault seal new capital tie-up to equalize stakes – Mainichi
- Nissan to invest $663M in Renault EV unit as alliance is rejigged – Automotive News
- Hyundai Motor raises full-year outlook, Q2 profit up 15% – Reuters
- Geely’s Radar starts to export electric pickups – Chinadaily
- Top 10 Watchlist for Mecum Auctions Harrisburg – Motortrend
- Nissan to take up to 600 mln euro stake in Renault EV unit under reshaped alliance – Reuters
- Live news: Nissan finalises reboot of Renault pact with €600mn electric vehicle deal – FT
- Elon Musk Pursues Banking on X (Twitter) Super App After Facebook, Google Tried – Bloomberg
- Exclusive: How Volkswagen CEO will rebuild brand – Autocar
- Norway Pulls the Plug on EV Tax Incentives and Subsidies – Bloomberg
- Elon Musk Spouse: Meet His Current Partner and Ex-Wives – Businessinsider
- Elon Musk’s X rebrand reignites his goal to turn Twitter into an app like China’s WeChat – CNBC
- Elon Musk doesn’t own a trademark for his new ‘X’ brand – Fortune
- 3 Under-The-Radar EV Stocks For A Summer Of Disruption – Businessinsider
- Your Car’s Interior May Already Be a Superspeaker. Here’s How It Works – Motortrend
- GM to add battery module assembly to some North American EV plants – Reuters
- Elon Musk’s Twitter Rebrand ‘Completely Irrational’: Marketing Expert – Businessinsider
- New Audi Q6 E-tron will use firm’s world-first ‘dynamic’ tail lights – Autocar
- 2024 Ford Bronco Sport Adds Bold New Flavors: Black-Out and Free Wheeling – Motortrend
- New Audi LED lights bring warning signs and customisation – Autocar
- Elon Musk’s Rebranded Twitter Cuts Ad Prices – Wall Street Journal
- Lyft CEO: Staff Should Want to Return to Office ‘for the Snacks’ – Businessinsider
- The Chevy Bolt Is (Coming) Back, Baby – Motortrend
- GM says profits are booming, but UAW strike could reverse the tide – Axios
- 3x Tesla ETP fails to deliver promised returns in June – FT
- GM’s EV ramp-up affected by automation supplier delays – The Detroit News