- Europe, US Fearful of Chinese Electric Cars, Says BYD Founder – Bloomberg
- Elon Musk may ‘step back’ if shareholders reject $56bn pay package, Tesla chair warns – Guardian
- Citroen will drop small and large cars to focus on profitability – Autocar
- Gotion High Tech Morocco gigafactory to start production in 2026 – Reuters
- Toyota Mirai’s fuel stack supports hydrogen business expansion – Automotive News
- Volkswagen Says Power Shortages Hinder South African Expansion – Bloomberg
- Tesla upgrades in-car navigation software in China, introduces lane-level guidance – Reuters
- Volkswagen wants to prepare charging business for outside investors – Reuters
- GM EVs at Costco Auto help drive electric vehicle sales – CNBC
- Why China wants South Korea to stay open – Japantimes
- Hino Motors, 2 Others Offer to Sell 2.12m Shares in Nikkon – Bloomberglaw
- GM has a secret to help sell its new EVs. It’s Costco. – CNBC
- UAW President Shawn Fain’s historic first year portends more change – The Detroit News
- Long-Range EVs Now Cost Less Than the Average New Car in the US – Bloomberg
Friday Morning Auto News, Jun 07, 2024: EU, US scared of Chinese EVs: BYD founder. Musk “may step back,” if. Citroen to drop small and large cars. More.
Tesla trounced by that other Shanghai car company as its Germany sales crash in May
What is this picture telling us? Germany’s BEV market has been thoroughly disrupted. Tesla is on its knees begging for sales. Those were down 64% y/y in May, and 41% for the year, data released by Germany’s regulator Kraftfahrt Bundesamt KBA show.
What’s worse, formerly proud Tesla has been trounced by that other Shanghai Auto company, SAIC, which has sold more of its electric MG Roewe 3 in Germany during the month than Tesla’s total. That’s 2,064 MG Roewe 3 vs. 1,896 Teslas. I don’t think we’ll hear Tesla fans crow this month about their best-selling BEV. Germany’s best-selling BEV in May was Volkswagen’s much maligned I3 with 2,383 units, followed by said MG Roewe 3, a BEV most First World folks probably never heard of.
Thursday Morning Auto News, Jun 06, 2024: VW to launch new EV platform by 2028. Sander back at VW. Toyota’s nothingburger. More.
- VW to launch new EV platform by 2028 to counter threat from China, report says – Automotive News
- Ford Europe boss Martin Sander leaves to join Volkswagen – Autocar
- Why Toyota’s so-called safety scandal is a “nothingburger” – Japantimes
- Is Tesla On the Road to Irrelevance? – Bloomberg
- Michigan Central concert: Behind the scenes as a Detroit music spectacular came together – Freep
- Amazon’s Zoox Is Almost Ready to Launch Its Robotaxi Service – Bloomberg
- Cathie Wood Positive About Tesla, Autonomous Driving – Bloomberg
- Ford Explorer output launched in Germany with ‘latest, greatest’ battery tech – Automotive News
- 2025 Toyota Crown Signia expands subbrand, crossover starts at $44,985 – Automotive News
- 4 key factors as Tesla shareholders vote on Elon Musk’s $56 billion pay plan – Automotive News
- Spacex launch starship on its fourth test spaceflight – CNBC
- Gig Work Besides Uber and Doordash Isn’t Living Up to Its Hype – Bloomberg
- Robotaxi Zoox’s Plan to Take On Las Vegas – Bloomberg
- Tesla’s Shareholders Should Get to Decide Musk’s Compensation – Bloomberglaw
Wednesday Morning Auto News, Jun 05, 2024: China risks trade war on two fronts. Tesla’s China shipments drop again. Musk confirms diverting Nvidia AI chips. More.
- China risks trade war on two fronts as low-tech exports soar, too – Japantimes
- (TSLA) Tesla’s China Shipments Drop Again as Competition Heats Up – Bloomberg
- Elon Musk Confirms Diverting Nvidia AI Chips Away From Tesla – Wall Street Journal
- 1,000 Autoworkers Had to Quit or Sit Around on Minimum Wage: Nikkei – Businessinsider
- Stellantis (STLA) Receives a Hold from Citi – Businessinsider
- BYD, NIO Get Approval to Test Automated Driving Technology on China Roads – Wall Street Journal
- Key ways Toyota is tweaking its next-gen EV-fighting engine development – Automotive News
- Alpina reveals hardcore B3 GT and B4 GT ahead of BMW takeover – Autocar
- The Case Against Elon Musk’s $46 Billion Pay Deal – Wall Street Journal
- Tavares says Stellantis could drop suppliers to shave EV costs – Automotive News
- Stellantis executive touts savings from reuse – Freep
- Elon Musk Isn’t a Victim No Matter What Tesla Says – Bloomberg
Tuesday Morning Auto News, Jun 04, 2024: Tesla’s China-made EVs down 6.6%. Waymo leads robotaxi chase. Toyota stains Japan’s auto industry. More.
- Tesla’s China-made EV sales fall 6.6% y/y in May – Reuters
- Tesla China’s Sales Rose in May Amid EV Demand Recovery – Wall Street Journal
- Waymo leads robotaxi chase; Cruise, Tesla, others still in hunt – Automotive News
- Toyota testing scandal leaves another stain on Japan auto industry – Nikkei
- Despite new contract and pay hikes, some Stellantis workers aren’t happy – The Detroit News
- Elon Musk turned Twitter into X, now he’s turning X into XXX – Fortune
- Toyota and Lexus recall Tundra trucks and LX 600 SUVs over potential engine failure – Autoblog
- Musk’s X allowing users to post consensual adult content, formalizing a prior Twitter policy – Mercurynews
- New V16-powered Bugatti to be revealed 20 June – Autocar
- Volvo to issue world’s first EV battery passport ahead of EU rules – Reuters
- Toyota to recall over 100,000 U.S. vehicles over potential engine stall – Reuters
- Tesla investor, Norway’s KLP, to support collective bargaining motion at EV maker’s annual meeting – Reuters
- Toyota apologizes for cheating on vehicle testing and halts production of three models – CNBC