Top News:
- CHINA: Vehicle sales decline 2.3% in June – Just-auto: New vehicle sales in China fell by 2.3% to 1,803,000 units in June, from 1,845,800 units in the same month of last year, according to data released by the China Association of Automobile Manufacturers (CAAM).
- Is Korea is the next big market for Tesla? – Fortune:
- Nissan will boost Rogue production by 100K units, add two variants – Automotive News: Nissan moved last week to give U.S. dealers more of one of its hottest selling products by tapping Japan for 100,000 more Rogues a year, starting next year.
- Top 7 issues in UAW negotiations – Detroit News: Bargaining talks between automakers and the United Auto Workers officially begin in the coming days
- What’s driving the shift to crossovers – Automotive News: Consumers no longer must choose between the fuel economy and comfortable ride of a sedan and the versatility and increased visibility of a crossover or SUV.
- Clouds over Europe’s hottest car market – FT: Global carmakers have been pumping the UK for all it is worth
- Hyundai expects ‘tepid’ global sales growth amid uncertainties – Automotive News: Hyundai Motor Group expects ‘tepid growth’ for global auto sales in the second half of this year because of economic uncertainties and a weak won.
- Consider financial implications of lengthy auto loans – Detroit News: In the first quarter of this year, 16 percent of used-car purchases were financed with longer-term loans
- 2015 Ford EcoSport to go on sale in October – Autocar: Slow-selling EcoSport compact SUV gets styling, interior and mechanical upgrades in a bid to stay competitive against its rivals
- BELGIUM: EU hails Brussels Parliament TTIP recommendations – Just-auto: European Union Trade Commissioner, Cecilia Malmstrom has welcomed the Brussels Parliament’s vote backing TTIP recommendations.
- Mahindra progresses plan to bring G-Wiz successor to the UK in 2016 – Autocar: Mahindra is well advanced with its plans to re-enter UK car market with a sub-PS10k electric vehicle in the first quarter of 2016, according to a report in…
- GM to recall 155,000 vehicles in India to fix wiring trouble – Reuters: General Motors Co will recall 155,000 vehicles in India, its largest such exercise to date in the country, in order to fix wiring problems linked to a remote keyless entry accessory.
- Ford Motor to move production of compact cars overseas – Ibtimes: Ford Motor Co said it plans to move the production of its compact cars – Focus … The company’s spokeswoman Kristina Adamski told Reuters that the…
- Healthcare packages likely to be revised in UAW, Detroit Three talks -WSJ – Reuters: Ford, Fiat Chrysler and General Motors could not be reached for comment outside regular business hours. (Reporting by Ankush Sharma in Bengaluru…
- CEO Hachigo taking Honda back to basics – Automotive News: Honda’s new CEO, aiming to reboot the ailing automaker, plans to rekindle development of more exciting cars, steer clear of numerical targets and maximize use of the company’s overseas production to soak up global overcapacity.
- Lotus plans roadster for U.S., CEO says – Automotive News: Lotus Cars will add a roadster version of the Evora 400 six months after it launches the coupe in the U.S. in December this year, its CEO said.
- How junk cars can slip through the cracks – Automotive News: Holes in the national federal vehicle title database let title-washed cars slip though. Only 44 of 50 states participate in the national system.
- Kia seeks J.D. Power title to prove quality gains – Automotive News: Kia has set a new goal for itself: to reach No. 1 on the J.D. Power Initial Quality Study. It hopes that doing so will turn around consumers’ perception of the brand’s quality.
- With hydrogen, high pressure to get it right – Automotive News: Mike Sullivan’s Santa Monica, Calif., dealership is one of the first eight in the country chosen by Toyota to sell its groundbreaking Mirai hydrogen fuel cell sedan. Such an important launch means he’ll need to do things a little differently.
- GMC uses Instagram to pitch premium lineup – Automotive News: To sell its premium image, GMC is exploring Instagram, the popular photo and video app. The haven for creative imagery was purchased by Facebook in 2012. It has 300 million active users.
- Geofencing identifies shoppers’ locations – Automotive News: Geofencing allows a dealer to draw a circle around a rival or location, then hit shoppers with special electronic offers to lure them in.
- With new owner, TI Automotive weighs acquisitions – Automotive News: Bain Capital – company CEO Bill Kozyra says he has the money and shareholder support to make acquisitions.
- Fiat Chrysler merger finally starting to bloom in Italy – Freep: Italians are just now starting to see tangible investments and job benefits from the Fiat’s acquisition of Chrysler.
- Nissan will boost production by 100K units, add two variants – Automotive News – Automotive News: Nissan moved last week to give U.S. dealers more of one of its hottest selling products by tapping Japan for 100,000 more Rogues a…
- Both automakers and regulators can do better – Automotive News: In 2014, the National Highway Traffic Safety Administration hammered General Motors over ignition switch defects. Heavy pressure from NHTSA led to…
- Honda to make English official work language by 2020 – Automotive News: In 2010, then-Honda Motor Co. CEO Takanobu Ito famously said it was “stupid” to make English the official work language of a Japanese…
- Timeline of the ‘Handshake’: How Auto Makers and Workers Negotiate – WSJ: