Top News:
- Fiat Said in Talks With Samsung on Auto-Parts Unit – Bloomberg: Fiat Chrysler Automobiles NV is said to be in talks to sell all or some of their operations of auto-parts maker Magneti Marelli to Samsung Electronics.
- Renault Kwid 1000cc to be launched this month; company sold 9897 units of Kwid in July – Ibtimes: For Renault, the Kwid is the key sales driver and the company is expected to roll out the new much-awaited 1.0 litre variants of the hatchback in the…
- July auto sales tepid, but industry still rides high – Freep: Those figures, however, included only estimates from some car makers, including … >Related: Ford sales fall 2.8% in July as demand for cars slows.
- FCA selling Magneti Marelli to Samsung – report – Just-auto: A newswire is claiming a source has told it that FCA is in negotiations with Samsung Electronics for the sale of part or all of Magneti Marelli.
- EV charging stations predicted to be more common than fuel pumps by 2020 – Autocar: Electric vehicle sales were up 31.8% in first six months of 2016 on the same period in 2015; Britain’s charging station supply will need to increase to cope with the demand
- Hyundai gambles on Russia with Creta production – Just-auto: Hyundai Motor Rus has begun building a second model at its St Petersburg plant. Following an upgrade which cost the equivalent of US$100m,…
- Further German states consider suing Volkswagen over emissions scandal – Reuters: Hesse also said it was considering legal steps against Volkswagen, while Schleswig-Holstein, North Rhine Westphalia, Rhineland Palatinate and the …
- Bavaria to sue Volkswagen over emissions scandal – Autocar: VW’s second-biggest shareholder, the Bavarian federal state of Germany, is the latest to sue VW over dieselgate
- Fiat Chrysler shares jump 9 pct after report of interest in parts unit – Reuters: Fiat Chrysler (FCA) declined to comment on the report. Samsung could not immediately be reached for comment. The source-based report said …
- Germany says French emissions report shows abnormalities at Renault, others – Reuters: German Transport Minister Alexander Dobrindt said on Wednesday he had received a French report on emissions levels of Renault (RENA.
- Volkswagen Golf GTI Clubsport S UK allocation already sold out – Autocar: 150 right-hand-drive examples of front-wheel-drive Nürburgring record-holder have been ordered by Brits
- Turbocharged Porsche Cayman S has worse fuel economy than V6 F-Type – Autocar: The turbocharged Porsche Cayman S has fared worse than a V6-powered Jaguar F-Type in new real-life fuel economy testing by Autocar’s sister brand What Car?
- Is A Tesla Miss Baked Into The Earnings Event Tonight? – Forbes: Tesla has been plagued with so much negativity recently that it seems almost like a personal vendetta against Elon Musk. Almost daily one hears…
- Bosch launches electric scooter sharing service in Berlin – Reuters: By launching Coup, Bosch is entering a market that puts it into competition with its established customer base of car manufacturers including Daimler …
- Samsung Said in Talks to Buy Assets of Fiat Auto-Parts Unit – Bloomberg: Samsung Electronics Co. is in advanced talks to buy some or all of the operations of auto-parts maker Magneti Marelli from Fiat Chrysler Automobiles…
- Anton Yelchin’s parents: Punish Fiat Chrysler – CBS News: Fiat Chrysler extended its sympathies to Yelchin’s parents but said it could not comment on the lawsuit because it had not yet been served with the…
- Renault to build Captur at Brazil’s Ayrton Senna plant – Just-auto: Despite the continued economic crisis in Brazil, Renault says it will add production of another model at its Aytron Senna plant in Sao Jose dos Pinhais. The Captur will become the brand’s third SUV to be manufactured in Curitiba.
- Hyundai Motor chief says Russian market will rebound – Yonhap: The chairman of South Korea’s Hyundai Motor Group called for stepped-up efforts to develop new products and marketing…
- Toyota will delay launch of new plug-in Prius in Japan – Automotive News: Toyota Motor said it would delay the Japan launch of its latest plug-in Prius hybrid to winter from an initial schedule of fall. The automaker…
- Subaru parent profit falls 24% on currency, Takata recall costs – Automotive News: Fuji Heavy, the maker of Subaru vehicles, reported a 24 percent profit decline in the latest quarter as the company booked big hits from unfavorable foreign exchange rates and the spiraling costs of recalling defective Takata airbags.