Top News:
- Aston Martin CEO: Forget Tesla, we’ll lead when it comes to ultra-luxury electric vehicles – CNBC: The great race for electric vehicle dominance takes center stage at the Paris … “We want to be the Hermes of the auto business, ” Palmer told CNBC,…
- Geely to launch Lynk&Co car brand for Europe this month – Autocar: Chinese manufacturer teases new mobility brand, suggesting it will offer car sharing services
- PSA launches ‘Free2Move’ brand for new mobility solutions – Just-auto: The PSA Group has united its mobility and smart services offering under a new brand, Free2Move.
- GM, despite record profits, struggles with Wall Street cynicism – Automotive News: GM generates $1 billion in pretax profit a month. Yet the stock market seems unimpressed, assigning the company a market value of just $50 billion. It’s one of the more vexing questions Dan Ammann, the company’s president, faces every day.
- 2017 Volkswagen Golf R facelift spotted in estate form at ‘Ring – Autocar: Aesthetic updates will form bulk of changes for refreshed model; model will arrive early next year
- UK car market nudges up to September record – Just-auto: The UK new car market rose by 1.6% in September, versus last year, according to data published today by the Society of Motor Manufacturers and Traders (SMMT). It was the highest September on record and takes the UK’s car market over 2m cumulatively in the first three quarters.
- Infiniti September sales rise 12% to record – Just-auto: Infiniti has posted the best September sales month in its 27-year history. Total sales of more than 19,900 were up 12% versus September last year. For the first three quarters of the year, Infiniti sold more than 164,600 vehicles, an increase of 7% compared to the same time last year. This also marks an all-time record for the company.
- New Fisker Inc brand to produce 400-mile range electric car next year – Autocar: Designer behind the original Fisker brand is starting a new namesake company and promises ‘game-changing’ battery tech
- Daimler’s car2go crosses two million customer mark – Just-auto: The Daimler owned car2go car-sharing community has grown to exceed 2m. In September, the company crossed the 2m customer mark. The 2m customers worldwide include more than 1.1m in Europe, of whom more than 550,000 are in Germany.
- Once rivals, Honda, Yamaha Motor announce scooter tie-up – Reuters: Japan’s Honda Motor Co Ltd and Yamaha Motor Co Ltd on Wednesday said they were joining forces to develop scooters for the domestic market, burying the hatchet on a decades-old rivalry and consolidating production in response to a shrinking motorcycle market.
- South Korean vehicle market down 13% in September – Just-auto: Domestic sales among South Korea’s five main automakers declined by 13.2% to 111,159 units in September, from 128,067 units in the same month of last year, according to preliminary data released individually by the country’s vehicle manufacturers.
- Faurecia unveils US emissions control centre for Cummins – Just-auto: Faurecia has unveiled a EUR57m (US$64m) new data-drivenmanufacturing facility in Columbus, Indiana, which will employ 450 people and produce an emissions control product for the commercial vehicle industry, serving its customer, Cummins Emission Solutions
- Not much love from Milan fans during tough times, says Honda – Reuters: AC Milan v Udinese – Italian Serie A – San Siro stadium, Milan, Italy – 11/09/16 AC Milan’s Keisuke Honda reacts against Udinese.
- GM’s Ammann Says Automaker Can Sustain Profits for Year to Come – Bloomberg: … Ammann said in an interview at Bloomberg News headquarters in New York. GM has a wave of new, high-margin sport utility vehicles coming to…
- UK car sales continue to break records in face of Brexit – Autocar: September 2016 was the best on record
- Would You Rent Your Car to a Total Stranger? – Bloomberg: And since he owns two cars, any money he could make from renting out the one, a 2006 Skoda sedan, would help cover the costs of owning and…
- German car sales up around 9.5 pct in Sept to 298000 cars -source – Reuters: German car sales up around 9.5 pct in Sept to 298,000 cars -source … in September, a person familiar with the matter told Reuters on Wednesday. Sales of new passenger cars in Germany increased to around 298,000 vehicles last
- Electric car revolution brightens outlook for a medley of metals – Reuters: Dieter Zetsche, CEO of Daimler and Head of Mercedes-Benz, poses in front of a Mercedes EQ Electric car at the Mondial de l’Automobile, the Paris …
- Brexit puts Nissan Juke production in UK under threat – Automotive News: Nissan could decide to end production of its Juke subcompact SUV in the UK after the country voted to leave the EU. Nissan Chief…
- (LEAD) Hyundai unionists threaten to stage general strike if gov’t orders emergency arbitration – Yonhap: Unionized workers at Hyundai Motor Group threatened Wednesday to stage a general strike if the government invokes its…