Top News:
- Car sharing not as disruptive as driverless cars – study – Just-auto: A study by Boston Consulting Group (BCG) finds that the growth of car sharing will erode the traditional automotive industry’s sales through the next five years, but will not be as disruptive as the move towards autonomous cars later in the 2020s.
- VW Group rules out F1 entry due to ownership uncertainty and rules – Autocar: VW Group motorsport boss Wolfgang Dürheimer says that F1 cannot be on the firm’s agenda at present
- Another Oil Crash Is Coming, and There May Be No Recovery – Bloomberg: Superior electric cars are on their way, and they could begin to wreck oil … well as Apple and Google-is working on the next generation of plug-in cars. … Tomorrow, analysts at Bloomberg New Energy Finance will weigh in with a…
- Can Things Get Any Worse for Russia? You’re About to Find Out – Bloomberg: As the current crisis deepened, Bloomberg News reported in December, … Not long ago, the Russian car market was set to overtake Germany’s, the…
- Magna trials new ridesharing app in Michigan – Just-auto: Magna International is launching a pilot rideshare programme with SPL Tandwill offer it to 1,700 employees who commute to four of its southeast Michigan locations.
- French Cars Get a Paint Job – Bloomberg: Carlos Tavares, an ambitious former Renault executive, took over at PSA less than two years ago and set the bar low. PSA was targeting a 2 percent…
- Unions Ratcheting Up Pressure on Volkswagen – Detroit Bureau: The UAW has enlisted the help of the AFL-CIO to pressure Volkswagen to accept the auto union and begin collective bargaining.
- Are Buckminster Fuller’s Futuristic Roadable Aircraft Finally Ready For Take-Off? – Forbes: His picture showed that both vehicles had essentially the same geometry. The hood and passenger compartment of an automobile were two…
- 2016 Hyundai Ioniq revealed – powertrain information and pictures – Autocar: Hyundai’s first dedicated electric car is also available as a PHEV and petrol-electric hybrid; on sale in March from around £18,000
- 2016 Audi S4 Avant revealed – Autocar: The 2016 Audi S4 Avant now has 349bhp and a 0-62mph time of 4.9sec
- BMW launches ‘foreign made’ Mini convertible – Just-auto: The latest generation of the UK’s top-selling convertible goes on sale in the country at the end of March although it will no longer be assembled in its home market.
- Aston Martin Adds Production Site in Wales for Coming SUV – Bloomberg: Aston Martin Lagonda Ltd. will build its new sport utility vehicle at a former … which is being expanded to produce the RapidE electric car in 2018.
- Uber Jumpstarts First Motorbike Service in Gridlocked Bangkok – Bloomberg: But it’s so far stuck to its knitting, building networks of drivers with cars, vans or larger vehicles. Thailand may be an ideal location to test a motorbike…
- Honda CEO Shifts Focus to Electric Vehicles – WSJ: Vehicles with electrified powertrains account for about 5% of Honda’s sales … Mr. Hachigo reiterated on Wednesday that Honda, Takata’s biggest…
- The Peak Oil Myth and the Rise of the Electric Car – Bloomberg: In the first episode of our animated series, Sooner Than You Think, Bloomberg’s Tom Randall does the math on when oil markets might be headed for…
- Takata Recall: Honda CEO Takahiro Hachigo Says No Plans Of Rescuing Air Bag Maker – Ibtimes: Takata Recall Honda changes management Honda Motor Co. CEO Takahiro Hachigo speaks during the Honda press conference at the North…
- Honda aims for green cars to make up two-thirds of line-up by 2030 – Reuters: T) on Wednesday said it aimed for new-energy vehicles to account for … global emissions regulations prompt automakers to make greener cars.
- Honda rules out financial help for Takata – FT: Takahiro Hachigo, Honda’s chief executive, has ruled out providing any financial help to struggling parts supplier Takata as the Japanese carmaker…
- Honda Plans for Two-Thirds of its Cars to Be Green by 2030 – Fortune: Honda Motor on Wednesday said it aimed for new-energy vehicles to account for two-thirds of its line-up by 2030 from around 5% now, as increasingly…
- 2016 Volvo V40 facelift revealed – Autocar: The Volvo V40 and V40 Cross Country models have received a facelift for the 2017 model year
- PSA Peugeot Citroen hits medium-term goals early – Reuters: Peugeot delivers 5 pct automotive division margin in 2015. * Goals reached ahead of time on Europe recovery, cuts. * Pays no dividend for 2015 to…
- Russian watchdog asks Mercedes for diesel emission data – Reuters: MOSCOW Feb 24 Russia’s technical standard agency Rosstandart has requested Daimler’s Mercedes-Benz division in Russia to provide information…
- S.Korea fines Japan’s Denso, Mitsubishi Elec in car part price-fixing case – Reuters: This is the seventh price-fixing case involving global auto component makers probed by South Korea and comes amid a worldwide crackdown on car…
- Facebook Co-Founder Saverin Among Investors in Indonesia’s Orami – Bloomberg: Saverin’s recent investments include online news site Tech in Asia, car rental service Silvercar, and Hopscotch, a shopping site for Indian moms.
- Honda to retool product development, r&d – Automotive News: “We have come to see some issues in the front lines of our development and production facilities,” Honda President Takahiro Hachigo said at a news…
- Honda to Focus on Hybrids, Other Electric Vehicles – CEO – WSJ: Honda wants electric vehicles, including plug-ins, gas-electric hybrids and fuel-cell vehicles, to account for two-thirds of global vehicle sales by around…
- Cadillac CT6’s e-mirror receives NHTSA blessing – Automotive News: When the Cadillac CT6 goes on sale in March, GM won’t have to worry about regulatory blowback from one of its most eye-catching features: a rear-view mirror that doubles as an electronic rear-view display.
- AFL-CIO slams VW for refusing to negotiate with UAW – Freep: The AFL-CIO’s Executive Council voted Tuesday to support the UAW’s effort to force Volkswagen to negotiate a contract covering 162 skilled-trades…
- Beijing show debuts – FAW Volkswagen Bora – Just-auto: The FAW Volkswagen joint venture will reveal what it claims is a new Bora at April’s Beijing motor show. In truth, the car is a heavily facelifted version…