Top News:
Note: Ed and Bertel are traveling in Europe. The morning news may arrive later, or not at all. Your indulgence is appreciated.
- Price of diesel to rise in wake of Brexit – Autocar: Sterling’s drop in value is driving up oil prices; one supermarket is rumoured to be considering an eight pence rise
- Nissan cuts CO2 emissions by 22.4% – Just-auto: Nissan has published its annual Sustainability Report and says that its carbon dioxide (CO2) emissions have fallen by 22.4% over the past decade.
- Tesla Slips In Q2 Vehicle Delivery Numbers Over The Long Holiday Weekend – Forbes: Over the weekend, Tesla Motors TSLA +1.92%, Inc., announced that they did not meet estimates Street vehicle delivery estimates for the June quarter…
- BMW, Tesla and the Battle for the Connected Car – WSJ: A Tesla Model S owner died in May when his car’s autopilot failed to spot a tractor trailer turning left across the highway. Such incidents, which are…
- BRIEF-Haima Auto’s vehicle sales up 64.3 pct in June – Reuters: Says it sold 16,041 vehicles in June, up 64.3 percent y/y. Source text in Chinese: bit.ly/29dXr75. Further company coverage: (Reporting by Hong Kong …
- Bloodhound SSC – first supersonic record attempt in October 2017 – Autocar: New funding has enabled Bloodhound team to begin preparations for record breaking run; first proper test run will see the car reach 800mph
- Volkswagen (VOW) Refuses To Offer Compensations In Europe After Historic US Settlement In … – Ibtimes: After sealing a historic $15 billion settlement to resolve its emissions scandal in the U.S., Volkswagen’s CEO Matthias Muller has rejected calls for the…
- After clash, Tesla faces test balancing safety, growth – Nikkei:
- BRIEF-Honda says June China vehicle sales +31.8 pct y/y – Reuters: July 4 Honda Motors Co says: * June China vehicle sales +31.8 pct y/y at 96,692 units, versus +23.9 percent in May. * Jan-June China vehicle sales …
- Tesla Motors (TSLA) Q2 Production Rises, Deliveries Fall – Ibtimes: Tesla Motors, Inc. increased its production in the second quarter by 20 percent, compared with the January-March period, producing just short of 2,000…
- Tesla needs to review its sanguine technology narrative – Nikkei: Tesla needs to review its sanguine technology narrative … Florida in May, has cast an uncomfortable spotlight not just on Tesla Motors’ technology but…
- VW chief Herbert Diess not to quit over market manipulation probe – Ibtimes: The chairman of the Volkswagen passenger cars brand says he will not step down while he is being investigated by public prosecutors in Germany…
- Brexit looks bleaker than the worst-case scenarios – Automotive News: Ten days into the digestion of a United Kingdom vote for a separation from the European Union, and the analysis is crystal clear: Brexit is a flat-out mess. A quagmire.
- Industry scratches out another sales gain – Automotive News: The Toyota brand’s light-truck sales rose 0.1 percent amid tight pickup inventories. Including Lexus and Scion, Toyota Motor’s total sales topped Fiat…
- VW settlements expected to spur buy-sells – Automotive News: VW’s settlements will likely spur buy-sell activity by removing some of the uncertainty that had hung over the brand. But the impact on dealership values is less clear.
- Lincoln aims to build on satisfaction gains – Automotive News: Lincoln, amid gains in sales and owner-satisfaction scores, is making its ‘largest investment’ yet in customer service. Starting with the 2017 model year, Ford Motor Co.’
- An urgent warning on airbags – Automotive News: U.S.
- How Volvo found its mojo – Automotive News: Volvo Car Group probably wouldn’t be enjoying its record-breaking renaissance without a badly needed pep talk, a confidence-building face-lift and the arrival of a new owner with a lot of cash and even more guts to take a chance on the…
- VW has agreed to pay billions to diesel owners. Did retailers miss out? – Automotive News: VW has agreed to pay out piles of cash to diesel owners and government agencies as part of a record $15 billion in settlements of class-action claims. VW dealers — faced with plunging sales and decreasing franchise values — received nothing.
- Wagons face an uphill climb in U.S. – Automotive News: Manufacturers would love to see more station wagon sales in the U.S. to help them offset the costs of developing them for Europe, where wagons and hatchbacks remain popular.
- New Mercedes E class signals the future of driving – Automotive News: Mercedes-Benz calls the new E-class sedan the most intelligent car in the world. It just went on sale with a range of semi-autonomous driving and safety features not seen before.
- Aston’s next Vantage draws power from Mercedes – Automotive News: With U.S. deliveries of Aston Martin’s next-gen DB11 slated to begin later this year, work on the car’s little brother is well underway.
- Startup puts most of the buying process online – Automotive News: Roadster’s Express Storefront, which has launched in California linked to dealership websites, takes most of the buying process online. Final document signing can take place when a vehicle is delivered to the customer.
- Lambo expands carbon-fiber footprint – Automotive News: Lamborghini is exploring advances in carbon-fiber technology at a new lab in Seattle, with a goal of having the world’s first production car with carbon connecting rods.
- For suppliers, self-driving payday nears – Automotive News: A new forecast predicts that suppliers will see a boom in new technology opportunities, even as auto sales near the end of their record sales cycle.
- Bentley sales dive part of plan – Automotive News: Bentley attributes its sales tumble to a deliberate sell-down of demo fleets, designed to make room for the Bentayga crossover due in August. Sales of the Bentayga will bring a sales rebound, the company’s top U.S. executive says.
- Vandalism is a hazard of electric car-sharing, at least in Paris – Automotive News: At the Electric Vehicle Symposium and Exhibition in Montreal in June, … no vandalism has happened to Blue Solutions’ first U.S. car-sharing service,…
- 5 years of winners, losers – Automotive News: Honda and Acura also posted notable declines in quality, according to the study. In 2012, Honda was No. 5 and Acura No. 6. This year, Honda was No…
- Toyota wins on the court, but not on the name – Automotive News: The team Toyota Alvark Tokyo is 90 percent owned by Toyota Motor Corp., and its chairman is Toyota President Akio Toyoda, who appears to be a big…
- Toyota’s Leroy bests the boss with his pay – Automotive News: That honor belongs to Executive Vice President Didier Leroy, whose titles at the automaker include chief competitive officer and chairman of Toyota…