Our Europe trip is drawing to a close. As of July 11th, the morning news will be back on their regular schedule.
- German ministry denies investigating Tesla over software updates – Reuters: A spokesperson for Tesla in Germany said it is cooperating with an … “Tesla Motors has been transparently working with European authorities since its …
- VW headquarters searched for World War II bombs – Automotive News: The headquarters of Volkswagen were being searched by explosive disposal experts on Friday after construction workers found signs of potentially unexploded bombs dating from the Second World War.
- Takata said to contact up to 20 possible bidders to speed sale – Automotive News: Takata, stricken by an airbag scandal that has forced it to seek investors, is reaching out to as many as 20 possible buyers in an effort to narrow down a list of suitors, Bloomberg reported, citing people familiar with the matter.
- German prosecutors to seek Volkswagen Dieselgate fine: Sueddeutsche Zeitung – Reuters: German prosecutors are demanding carmaker Volkswagen face a fine based on the level of the profits the carmaker …
- Porsche to maintain big profit margin despite spending surge: CEO – Reuters: Porsche aims to keep its profit margin running at a double-digit percentage of sales in the coming years, Chief Executive …
- US recession risk rises on auto sales fall: JP Morgan – Reuters: … 12 months increased to its highest level during the current expansion following a drop in auto sales in June, J.P. Morgan economists said on Friday.
- GM/NASA robot glove finds automaking applications – Just-auto: Robotic glove technology developed out of a partnership between General Motors and NASA for use on the International Space Station is finding new life on earth in health care, manufacturing and other industrial applications though a licensing agreement between GM and Bioservo Technologies AB, a Swedish medical technology company.
- Volkswagen accused of fraud in Spanish legal case – FT: A judge at Spain’s national court on Friday accepted a criminal case that accuses Volkswagen of fraud and crimes against the environment, in a new…
- Texas Cops Blame Hackers for Jeep Thefts – Detroit Bureau: Add laptop computers to the bag of tricks being used by car thieves. A rash of vehicle thefts in Houston appear to have been the work of high-tech hackers, and the problem may be spreading around the country. It’s the latest reason to worry about cybersecurity
- Roads That Work for Self-Driving Cars – WSJ: In May, a Tesla TSLA “autopilot” enthusiast in Florida became the first known fatality in a self-driving car. But this was no ordinary accident.
- Brazil sales show stabilising signs – Just-auto: Brazil’s car market shows signs of stabilising after a brutal contraction, which drove sales to the lowest level in a decade during the first half of the year, the national automakers association has said.
- Spanish court says VW Germany liable on emissions, not local affiliates – Just-auto: Spain’s High Court said Volkswagen’s parent company, based in Germany, would be liable to answer any charges over emissions fraud, rather than its Spanish affiliates.
- VW weighs battery pacts with Panasonic, LG Chem, report says – Automotive News: VW may partner with EV battery specialists such as LG Chem or Panasonic as it overhauls its strategy to emerge from diesel emissions violations, Bloomberg reported, citing people familiar with the matter.
- Ford Tracking to Sell 1 Million Cars in China – Detroit Bureau: Ford Motor Co.’s sales in China could surpass 1 million units this year, marking the first time that will happen. The increase comes despite the slow cooling of China’s auto sales overall.
- Ford boss: “business needs gender equality to succeed” – Autocar: Barb Samardzich