- 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
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.
Monday Morning Auto News, Sep 02, 2024: Musk eyes role on Trump’s commission. Tesla to unveil robotaxi. More.
- Elon Musk eyes role on Donald Trump’s government efficiency commission – Washington Post
- Tesla to unveil robotaxi at Warner studios in California – Automotive News
- South Korea to Cut FX Stabilization Fund by a Record in 2025 – Bloomberg
- A nationwide 30-hour workweek? It almost happened. – Washington Post
- Elon Musk is an unguided geopolitical missile – FT
- SAIC-GM logs first interim net loss as China auto tie-ups struggle – Nikkei
- Audi Q5 gets software, driver assistance upgrades – Automotive News
- Indian reliance on Chinese imports is challenge for U.S. trade strategy – Washington Post
- The disastrous Quattroporte that even Maserati didn’t want – Autocar
- China threatens retaliation against possible Japan chip export controls – Fortune
- GEA Group shares drop as Q3 new orders disappoint – Reuters
Friday Morning Auto News, Aug 30, 2024: GM faces big class action. FAA grounds SpaceX rockets. More.
- GM must face big class action over faulty transmissions – Automotive News
- Toyota design boss asks if radical Lexus next-gen EV styling ‘going to be OK?’ – Automotive News
- Chrysler heir to Stellantis: Sell iconic brands to me – Automotive News
- GM hires another ex-Apple executive to bolster software unit – Automotive News
- Toyota sales overcome US woes for first growth in six months – The Detroit News
- SAIC Motor (Shanghai Automotiv Industry) (A) is about to announce its earnings – Businessinsider
- Tesla asked Canada for lower tariff on China-made EVs, Reuters reports – Automotive News
- Ford is the latest in a series of companies to axe DEI efforts under pressure from Robby Starbuck – Fortune
- GM folding its all-electric BrightDrop vans into Chevrolet brand – CNBC
- Lotus slashes EV sales target by 78% due to new US tariffs – Autocar
Thursday Morning Auto News, Aug 29, 2024: Ford de-DEIs. Permitless gas turbines at Musk’s xAi. Musk’s secret master plan gone. More.
- Automaker Ford to modify diversity policy, internal memo says – Reuters
- Musk’s xAI operating gas turbines without permits at data center, environmental group says – Reuters
- Tesla scrubs Elon Musk’s original brainchild manifesto from its website – Fortune
- Polestar Posts $242 Million Loss Amid EV Demand Slowdown – Bloomberg
- Toyota sales overcome U.S. woes for first growth in six months – Japantimes
- We Test Several Top Chinese EVs Against the Tesla Model 3! In China! – Motortrend
- ‘Windfall’ fees now less likely for lawyers who sued to cut Musk’s Tesla pay – Reuters
- Toyota global output in July falls 0.6% on stiff price war in China – Mainichi
- Nissan improves road safety with smart technology – Chinadaily
- Toyota Overcomes US Woes to See First Sales Growth in Six Months – Bloomberg
- Toyota global output falls for 6th straight month in July – Reuters
- Hyundai plots India SUV rollout as domestic competition mounts ahead of IPO – Reuters
- SpaceX’s Falcon 9 grounded ahead of historic Polaris Dawn mission – Axios
- GM Fails on Appeal to Undo Class Status in Transmission Suits – Bloomberglaw
- Brazil Threatens to Ban Elon Musk’s X – New York Times
World’s Largest Automakers 7/24: No change.
July brought no change in the ranking of the top 3 global automakers, and no change is likely for the rest of the year.
Toyota global group sales are down 4% year-to-date as the company suffers from sundry production stops and market pressures in China.
Volkswagen is reducing its visibility by releasing stats on a quarterly basis, never a good sign.
Hyundai global group sales are down 1% for the year. Note: Hyundai division reports inconsistent numbers for July, saying that global 2024 YTD sales of 2,395,937 units over 2,148,176 units in 2024 resulted in a 0.9% decrease, which of course doesn’t make sense. In fact, 2024 YTD sales were 2,416,508.