Top News:
- Barra Defends Maker’s Use of Capital – Detroit Bureau: General Motors Chief Executive Mary Barra Monday defended GM’s use of capital during a meeting with reporters this week in Fairfax, Kansas. Barra said the company has invested and restructured wisely. To get all of the details, go to TheDetroitBureau.com.
- Russia to ease rouble risk for foreign carmakers – Reuters: Russia is planning to introduce measures to … Carmakers must spend 60 percent of the costs of producing cars for the…
- UK: Hyundai Motor Europe appoints new chief – Just-auto: Hyung Cheong Kim has been appointed as President and CEO of Hyundai Motor Europe.
- CHINA/INDIA: GM refocuses on India, targets low-cost growth – Just-auto: General Motors (GM) is increasing its focus on the Indian vehicle market with plans to invest heavily in new products and new production capacity.
- Hyundai ix35 Fuel Cell priced from PS53,105 – Autocar: The Hyundai ix35 Fuel Cell is priced at PS53,105 Hyundai announces pricing for its hydrogen fuel cell-powered ix35 SUV, which has officially gone on sale in the UK
- Lamborghini Said to Be Offered Tax Breaks for Made-in-Italy SUV – Bloomberg: Known for low-slung sports cars like the $237,000 Huracan, Lamborghini … If it gets the green light for production, the car will vie with the upcoming Aston … in an interview at Bloomberg’s headquarters in New York earlier this year.
- Future of travel: Ford tests symbiotic system to end commuter stress – Ibtimes: Ford is still a car and truck company but it is looking to the future and it has begun investigating how different systems could help people move more…
- US: Ford expands door latch related recall – Just-auto: Ford has expanded a door lock recall by 119,567 vehicles to 456,400 units in the US.
- INDIA: Maruti offering youth vehicle service training – Just-auto: Maruti Suzuki India (MSIL) will scale up its skill development activities by setting up Automobile Skill Enhancement Centres (ASEC) at 45 government-run Industrial Training Institutes across the country.
- VW working hard to quickly find Piech successor: CEO – Reuters: Volkswagen aims to quickly find a successor to Ferdinand Piech who quit as chairman week before last, after 13 years in the position, following a damaging public leadership dispute with Chief Executive Martin Winterkorn, the CEO said.
- VW Chairman Question Is Open as Investors Meet Without Piech – Bloomberg: Piech also still has a seat on the board of the clan’s investment vehicle, … s place atop the global car market, and investors applauded today as he…
- Volkswagen Creates Truck Group to Push MAN, Scania Cooperation – Bloomberg: “Bringing together our commercial vehicle brands under one roof means we can focus more strongly on the needs of the truck and bus business and…
- Volkswagen pushes truck ambitions with new holding – Reuters: Volkswagen (VOWG_p.DE) is creating a new truck holding to align its MAN and Scania divisions, pushing its…
- Russia to ease rouble risk for foreign auto makers – Kommersant – Reuters: Russia’s government is planning to introduce measures to reduce the risk of rouble volatility for foreign auto makers…
- Electric Trabi Combines Communist Past With Silent Thrill – Bloomberg: A power company is refitting the plucky little car built for the communist East’s proletariat with an electric motor, giving the vehicle an emission-free…
- Chinese automakers Dongfeng, FAW halt trading on merger reports – Reuters: Dongfeng Motor Group resumed trading Tuesday afternoon, saying it … Trading in Dongfeng Automobile Co, FAW Car Co and Tianjin FAW Xiali…
- Audi rides Avengers to the top – Automotive News: The automaker enlists the famed Marvel comics creator to teach a faux ‘cameo acting’ class.
Other news, rumors, and gossip:
- Ford CEO: You Will Always Be Able to Drive Our Cars – Yahoo: Mark Fields, the new CEO of Ford, paid a visit to the nerd journalist corps last week. He visited Ford’s Research and Innovation Center in Palo Alto,…
- Tesla’s Battery: Morgan Stanley Finally Comments – Benzinga: In a report published Tuesday, analysts at Morgan Stanley maintained their Overweight rating on Tesla Motors Inc (NASDAQ: TSLA), as well as the…
- Volkswagen to launch five new crossover by 2020? – Leftlanenews: A new report coming out of England finds Volkswagen will launch no less than five new crossovers before the end of the decade. The crossovers are…
- ‘Godzilla’ could return to the grid – V8supercars: The 2017 Gen2 blueprint has led to Nissan considering a rebirth of the GT-R for the V8 Supercars Championship, after speculation today that a…
- Avis has created Europe’s largest Nissan EV fleet – Ecomento: Nissan and AVIS Denmark have just inked a deal that will lead to the creation of the largest fleet of Nissan EVs in Europe. The new order adds 401…
- Reuters: Russia to ease rouble risk for foreign auto makers – Kyivpost: MOSCOW: Russia’s government is planning to introduce measures to reduce the risk of rouble volatility for foreign auto makers which have localised…
- Tesla Motors Inc (NASDAQ:TSLA) Bets Big On Batteries Business In The Days Ahead – Wallstreetpr: Tesla Motors Inc (NASDAQ:TSLA) has introduced storage batteries for the electric grid and the homes. The company is betting big on its new launches…
- 1ST LEAD Volkswagen chief declares end of management crisis By Andrew McCathie, dpa – Europeonline-magazine: A management crisis that has gripped Europe’s biggest carmaker for about three weeks is over, Volkswagen (VW) chief…
- VW CEO Winterkorn addresses shareholders – Dw: Volkswagen CEO Martin Winterkorn has told shareholders they shouldn’t worry too much about the power struggle that had rocked the German…
- Tesla Motors Inc CEO Musk Forecasts Model S Sales Miss – Learnbonds: Elon Musk, CEO of Tesla Motors Inc (NASDAQ: TSLA) isn’t a big fan of delivering bad news about his company. The executive leader does his best to…
- Move over, Tesla: electric vehicles are about to be super-sized – Greenbiz: Gone are the days of commercially-viable electric vehicles being limited to the realm of flashy sports roadsters and passenger cars. The work-a-day…
- Volkswagen Expects Moderate Increase In Deliveries For FY15 – Rttnews: German car maker Volkswagen (VKW.L,VLKAF.PK,VOW.BE) said it expects a moderate increase in its deliveries for fiscal year 2015. The company…
- And Now, More Evidence That Volkswagen Is Actively Looking To Bring The Amarok Pickup To … – Motrolix: Ask any Volkswagen enthusiast living in the U.S. what has been the biggest mystery about the German automaker’s future product plans, and you’ll…
- 2016 Toyota Hilux pick-up slated for May 21 debut – Paultan: It’s no surprise that the 2016 Toyota Hilux is on the way, with spyshots of a prototype running about and even a leaked brochure of the truck itself…
- General Motors’ big plans for India may be just too ambitious – Qz: After almost two decades of trying and failing, the Indian arm of General Motors (GM)-the world’s third largest automobile company by sales-has…
- Volkswagen creates new commercial vehicles unit – Marketwatch: FRANKFURT–Volkswagen AG said Tuesday it will create an integrated commercial vehicles unit by transferring the shares held in Scania AB to Truck…
- General Motors admits nearly 100 deaths related to defective ignition – D24: General Motors, the US automaker has confirmed nearly 100 deaths related to the defective ignition locks. However, number could be continue to rise.
- Volkswagen: Truck & Bus GmbH To Become Holding For Commercial Vehicle Brands – Nasdaq: Volkswagen (VKW.L, VLKAF.PK, VOW.BE) announced it is creating the integrated commercial vehicles group. Truck & Bus GmbH is…
- Volkswagen aligns MAN, Scania truck brands in new holding – Finance: Volkswagen (VOWG_p.DE) is creating a commercial vehicles group to align its truck divisions MAN and Scania,…