Top News:
- Toyota boosting Japan exports to reach sales goal – Automotive News: Toyota, facing capacity constraints in North America, may boost exports from Japan for the first time in three years to meet its global sales target.
- Summer Travel Likely to Rise as Gas Prices Fall – Detroit Bureau: The national average price for gas is $2.75: the high-water mark for 2015. However, prices are expected to fall heading into to the summer travel season as crude oil prices stabilize and other factors make an impact. To find out why, go to TheDetroitBureau.com.
- JAPAN/US: Takata air bag recalls explode by over 5m – Just-auto: Honda’s US unit (American Honda Motor) is recalling an incredible 5.1m cars to replace dual stage, driver’s side, front air bags with potentially faulty Takata inflators.
- Nissan-Dongfeng JV facing antitrust penalties – Just-auto: Nissan could be joining a host of other foreign carmakers, dealers and parts suppliers in China to be hit by antitrust penalties following a probe by the…
- CHINA: Qoros and e-commerce site combine for test drive scheme – Just-auto: China-based premium carmaker Qoros has announced a sales collaboration with a Chinese automotive e-commerce platform, Bitauto, that will provide Qoros cars for test drive with potential customers.
- Takata will give quality chief more authority with board role – Automotive News: Takata, the troubled Japanese supplier behind the massive global airbag recall crisis, will give the executive in charge of quality assurance, Hiroshi Shimizu, more authority by naming him to the board of directors.
- Ford says China May retail vehicle sales up 4 pct yr/yr – Reuters: Ford Motor Co and its Chinese joint ventures sold 91,013 vehicles in China in May, up 4 percent from a year earlier, the U.S. carmaker said on Friday.
- China Car Discounts Fail to Accelerate Delivery Growth – Bloomberg: Passenger-vehicle deliveries rose 3.8 percent from a year earlier to 1.57 million units, … “People are not buying cars, no matter how big the incentives.
- China Auto Sales Climb 3.8% in May – Bloomberg: Retail deliveries of cars, multipurpose and sport-utility vehicles climbed to 1.57 million units in May, the China Passenger Car Association said on its…
- Toyota’s Single-Seat Electric Cars Debut at Japan Post Offices – WSJ: A subsidiary of Toyota Motor Corp. said it began providing four of its single-seat electronic vehicles to post office branches in central Japan for pickup…
- 10000 Flood-Damaged Vehicles Could Be Hazardous to Car Buyers – Bloomberg: As many as 10,000 vehicles may have been damaged in last month’s catastrophic Texas floods, and some could be resold out of state to unsuspecting…
- With Deal Pitch Marchionne Is Fighting History of Failed Mergers – Bloomberg: As he pressed rivals to merge with Fiat Chrysler Automobiles NV, Sergio Marchionne faced a fact his counterparts at General Motors and Ford know…
- China to Grant Licenses to Electric-Car Manufacturers – Bloomberg: China will issue manufacturing licenses to makers of electric cars to spur their adoption after sales lagged behind a national target. The permits will…
Other news, rumors, and gossip:
- How big is Tesla Motors? – Ecomento: A new video tracks the rise of Tesla Motors from its earliest roots to its prominent position today and declares that it is now bigger than Mitsubishi.
- Underdressed Chinese Girls open a Car Wash in Urumqi – Carnewschina: And for Friday afternoon we have a flock of pretty Chinese Car Girls opening a car wash in the great city of Urumqi, capital of Xinjiang Province. The girls are tall, well-built, and handy with the water gun.
- This Analyst Says China’s Bull Market Dampens Car Sales – Barrons:
- Tesla Motors offers bug bounty to white hat hackers but not for hacking its cars – Techworm: Like United Airlines bug bounty program, Tesla Motors too has joined the bug bounty offering bandwagon by inviting security researchers, ethical and…
- Fiat Chrysler says it missed 5 recall notification deadlines – Dispatch: DETROIT – Fiat Chrysler admits that it missed legal deadlines to notify customers in five safety recalls. The missed deadlines could bring a fine from…
- Spy Shots: new Zotye SUV from China beats Tesla for a Touch Screen – Carnewschina: Spy Shots showing what is going to be the biggest touch screen in the world, much larger than the ones found inside the Tesla Model S or the new Volvo XC90.
- Ferrari 458 crashes with Police Car in China – Carnewschina: Another Ferrari supercar crash in China. This time we have a white 458 Italia that got rear-ended by a Nissan police pickup truck in the great city of Ningbo in Zhejiang Province.
- Fiat Chrysler says it was late on five recalls – USA Today: Fiat Chrysler Automobiles acknowledged in a filing Thursday that it was late in notifying customers of five safety recall campaigns. In each…
- Sensors to combat DUI could be in cars in 5 years – Triblive: Though no cost-per-car estimate has been made, once the sensors go into general production, it’s anticipated the cost will be comparable to that of…
- Next-Gen Volkswagen Phaeton To Come In 2017 – Motrolix: The Volkswagen Phaeton was axed from North American markets way back in 2006,but surprisingly, the full-size sedan has lived on in Asian markets,…
- Elon Musk Profits from Billions in Subsidies for His Electric Cars – Canadafreepress: One electric car company, Tesla Motors, has benefited from billions in subsidies for making vehicles only the rich can afford.[1] Each Tesla costs at…