Top News:
- BMW CEO Targets Changes Reshaping Company, Industry – Detroit Bureau: As BMW’s year-long celebration of its centennial winds down, CEO Harald Krueger took time to talk about the future and TheDetroitBureau.com was there.
- Hyundai strike dents Korean exports – Just-auto: The Korean government has said that the country’s exports shrank by 5.9% in September following the adverse impacts of a strike at Hyundai Motor and Samsung Electronics problems with its Galaxy Note 7 smartphones
- Datsun redi-Go recalled in India over faulty fuel system – Ibtimes: Datsun, the low-cost brand of Nissan, has announced a voluntary recall of its recently launched redi-Go in India to fix a problem with fuel hose. Earlier…
- Infineon buys semiconductor firm to boost lidar capability – Just-auto: Infineon Technologies has acquired Innoluce BV, a fabless semiconductor company headquartered in Nijmegen, The Netherlands, in order to boost its capabilities in lidar systems that will be used in future driverless cars. Infineon said that it will be able develop chip components for next generation high-performance lidar systems.
- Elon Musk’s Wild Ride – Bloomberg: At a more basic level, the automaker quite often struggles to manufacture cars at expected rates, and Tesla’s proposed acquisition of SolarCity, Musk’s…
- Daimler Reins In Investments After Electric Engines Prompt Surge – Bloomberg: “The range of investments is an extreme challenge,” as both electric and conventional vehicle-powering systems will need work in coming years,…
- GM adds third shift and 650 jobs at Spring Hill – Just-auto: General Motors will add a third shift, opening up 650 jobs, at its Spring Hill, Tennessee factory to increase production of the recently launched Cadillac XT5 and GMC Acadia SUVs.
- Japanese vehicle market flat in September – Just-auto: New vehicle registrations in Japan fell slightly last month, by 0.5% to 476,771 units from 479,373 a year earlier, according to data rfrom the Japan Automobile Manufacturers Association (JAMA).
- FCA Canada and Unifor announce tentative labour deal – Just-auto: Fiat-Chrysler Automobiles Canada announced it had reached a new tentative agreement with auto workers union Unifor but, because the deal still needs union member ratification, it did not provide details.
- 2017 Lamborghini Huracan Superleggera to gain new injection tech – Autocar: Lightweight Lamborghini Huracán is seen again at the Nürburgring but this time it’s wearing new bodywork; its V10 will produce
- China Car Sales Rise Sharply in September – WSJ: SHANGHAI-Government tax breaks and dealer discounts helped fuel a 29% jump in China car sales last month for the biggest gain since January…
- SMMT chief bangs EU single market drum – Interview – Just-auto: Speaking exclusively to just-auto, SMMT chief executive Mike Hawes says the UK auto industry’s interests would be best served by continued membership of the European Union’s single market following the UK’s planned exit from the trade bloc in 2019.
- VW eyes 25,000 job cuts over 10 years – reports – Just-auto: Volkswagen reportedly is considering axing 2,500 jobs in Germany through early retirement programmes.
- Toyota Motor, Suzuki in Talks on Business Partnership – WSJ: The statement by Toyota and Suzuki didn’t mention any possible … Suzuki’s chairman, Osamu Suzuki, praised Toyota in a prepared statement as the…
- Ssangyong sign MOU with Tech Mahindra/LG U+ – Just-auto: Connected cars are equipped with communication network by integrating ICT (information and communications technologies) and the car, which…
- Renault to recruit 1000 employees – Ibtimes: Renault, French multinational automobile manufacturer on Tuesday announced it will recruit 1,000 new employees on open-term contracts between…
- Investors warn car industry over climate change – Guardian: An electric vehicle charger is displayed at the Paris Motor Show. … and invest more heavily in low-emission cars, says a network of 250 global…
- Toyota and Suzuki Say They Are Considering an Alliance – New York Times: Suzuki, which specializes in small cars, would benefit from Toyota’s scale and resources. Credit Ian Langsdon/European Pressphoto Agency.
- Renault Kwid 800cc recalled in India over potential disruption of fuel supply – Ibtimes: Renault India Pvt Ltd, Indian subsidiary of French car maker Renault has recalled its best selling model, the Kwid. Under the voluntary recall,…
- BRIEF-China Jialing Industrial and unit to sell auto industrial unit – Reuters: BRIEF-China Jialing Industrial and unit to sell auto industrial unit … Reuters is the news and media division of Thomson Reuters. Thomson Reuters is …
- Daimler on “very good track” to hit 2016 profit goal -CEO – Reuters: Daimler on “very good track” to hit 2016 profit goal -CEO … Daimler has forecast the group’s adjusted full-year operating profit (EBIT) to slightly beat …
- BMW CEO Sees Electric Cars Pushing Into Mainstream in Tesla Race – Bloomberg: … in a Bloomberg Television interview. To put it in context, that’s potentially more than half a million cars based on 2015 sales of 2.25 million vehicles,…
- Toyota, Suzuki to explore business alliance opportunities – Nikkei: Toyota Motor and Suzuki Motor said on Wednesday the two companies plan to begin discussions on a possible alliance in areas such as…
- Fiat Chrysler production cuts prompt Faurecia to close U.S. plants – Automotive News: Faurecia North America plans to lay off 348 employees and close two metro Detroit plants as a result of Fiat Chrysler Automobiles discontinuing…
- Toyota, Suzuki explore green car, technology partnership – Automotive News: TOKYO – Toyota Motor Corp. and Suzuki Motor Corp. have agreed to explore collaboration in green cars, safety and information technology.