- Toyota cuts 2026 global EV output plans by a third, Nikkei reports – Reuters
- China launches 10 Geely 03 satellites – Chinadaily
- Carmakers adjust electrification plans as EV demand slows – Reuters
- Trump wants Elon Musk to do to the government what he did to Twitter – Washington Post
- Rivian CEO says he deliberately didn’t follow the same strategy that Elon Musk set out at Tesla – Fortune
- China puts forward consultation request to Canada at WTO over tariff hikes – Chinadaily
- Volvo’s line-up to swell as it eyes more hybrid models – Autocar
- JLR to launch new Indian-built model that sits on Tata platform – Autocar
- Trump plan for Musk -led efficiency commission could give CEO influence over rules for his … – Reuters
- VW factory threat stress-tests Germany’s economic model – Reuters
- Toyota, Nissan, Mazda, Subaru bolster EV battery plans as Japan Inc. ups its game – Automotive News
- Europe stocks lower for fifth session as U.S. data weighs; Volvo Cars down 4% – CNBC
- Electric vehicles will account for up to half of auto sales by 2030, BYD Pakistan says – Reuters
- Alpine to unveil electric Porsche Macan rival on 11 October – Autocar
- Intel Is Exploring Sale of Part of Stake in Mobileye – Bloomberg
Friday Morning Auto News, Sep 06, 2024: Toyota slashes EV output. Geely satellites launched. OEMs trim electrification plans. More.
Germany BEV Monthly: Tesla in the dumps.
August wasn’t a hot month in Germany when it came to BEVs. Registrations of battery-operated vehicles cratered 68.8% YOY, while hybrids were down only 1.5%, Germany’s regulator Kraftfahrt Bundesamt reports. Tesla was down a gut-wrenching 65.7% in August and is down 44.7% for the year. Elon Musk better get off Xitter and his nazi propaganda and try some marketing instead.
For the month of August, Tesla landed in the basement, capturing only 8.8% of the not so hot BEV market, while Volkswagen Group and BMW expanded their market share.
Thursday Morning Auto News, Sep 05, 2024: Assisted by Toyota, BMW to launch hydrogen cars. 4-day week ‘conceivable’ at Volkswagen. SpaceX employees told to avoid Brazil. More.
- BMW to launch hydrogen cars in 2028 – Autocar
- SpaceX Warns Employees Not to Travel to Brazil Amid Musk Fight – Bnnbloomberg
- German union on VW: 4-day week ‘conceivable’, will consider all options – Reuters
- Tesla Plans to Release Full Self – Driving in China, Europe Early Next Year – Bloomberg
- Tesla Stock Is Up Again. This Is What’s Driving Shares After Wednesday’s Robots Boost. – Barrons
- Tesla shares gain on plans to launch Full Self – Reuters
- Volvo Cars cuts margin and revenue aims after ditching electric vehicle target – CNBC
- Former Visa CEO joins General Motors’ board of directors – Reuters
- Conservative challenge to Brazil’s ban on Musk’s X may escalate feud – Reuters
- Volkswagen CFO defends major cost-cutting plans to staff in Germany – Reuters
- Volkswagen gears up for historic battle to deal with painful EV transition – FT
- BMW to Sell Hydrogen Cars From 2028 in Partnership With Toyota – Bnnbloomberg
- Tesla shares gain on plans to launch Full Self-Driving in Europe, China – Reuters
- Tesla says it will launch Full Self Driving product in Europe and China early next year – CNBC
- German Union Signals Concessions and Strikes Amid VW Clash – Bnnbloomberg
Wednesday Morning Auto News, Sep 04, 2024: CFO gives VW “a year, maybe two” to turn around. Musk backs down in Brazil. More.
- Volkswagen has ‘a year, maybe two to turn around’, financial chief warns – Guardian
- Elon Musk backs down in fight with Brazil as Starlink agrees to block X in the country – Fortune
- VW defends possible German factory closures, says weak sales leave two plants empty – Automotive News
- Souring mood in German auto sector sets gloomy tone for VW labour talks – Reuters
- Volvo Car Walks Back Electric Push After Demand Falls Short – Bloomberg
- Hybrids, crossovers drive Hyundai, Kia to August U.S. sales gains – Automotive News
- Lyft to sell some bike, scooter assets – Reuters
- Volvo Cars scales back electric vehicle ambition – Reuters
- Volkswagen ID Buzz GTX is 335bhp electric MPV for £67,435 – Autocar
- Hybrids, crossovers drive Hyundai, Kia to August U.S. sales gains – Automotive News
- Volvo starts EX90 electric SUV deliveries after software delays – Automotive News
- Elon Musk’s lawsuit against OpenAI is a case of sour grapes, Reid Hoffman says – Businessinsider
- Prodrive reveals radical £25,000 electric van for 2028 – Autocar
- Volkswagen law: German automaker’s ownership structure explained – Reuters
- Volkswagen warns staff it has ‘a year, maybe two’ to adapt to lower demand – FT
- Why is Porsche building $40M apartments in Bangkok, where average salary is $16K? – Fortune
- NHTSA closes engineering analysis of more than 1.3 mln GM vehicles – Reuters
- Volkswagen flags lower sales as labor unions protest potential plant closures – CNBC
- NHTSA closes engineering analysis of more than 1.3 mln GM vehicles – Reuters
- German Cabinet Approves EV Tax Incentives Amid Volkswagen Woes – Bloomberg
Tuesday Morning Auto News, Sep 03, 2024: VW job machine runs out of road. BMW recalls 140,000 Mini EVs. 9 years later, Winterkorn finally faces judge. More.
- The Volkswagen Job Machine Runs Out of Road – Bloomberg
- BMW Recalls 140,000 Electric Mini Coopers Due to Battery Fire Threat – Wall Street Journal
- Ex-VW CEO’s Fraud Trial Starts Years After Emissions Scandal – Bnnbloomberg
- Volkswagen considers first German factory closure in 87-year history – Fortune
- Starlink emerges as fresh battleground between Musk, Brazil – Reuters
- Volkswagen warns of German plant closures, end to job security scheme – Reuters
- The Magnificent 7 Have the Blues – Except Tesla – Barrons
- Turkey Seeks Chinese Partnership on Rare Earth Elements for EVs – Bnnbloomberg
- ZEV mandate creating ‘state-imposed supply chain’, claims Vertu boss – Autocar
- Toyota, Maruti launch marketing drive for hybrids in key Indian state – Reuters
- China hits back at Canada in spat over EV tariffs – Automotive News
- EV firm Polestar taps former Stellantis finance executive as CFO – Reuters
- Volkswagen weighs first-ever German plant closures amid EV transition woes – Japantimes
- Polestar appoints Jean-Francois Mady as CFO – FT