Top News:
- Fiat Chrysler CEO says first-quarter 2017 was difficult, doesn’t change targets – Reuters: The first quarter of 2017 was “difficult” for carmaker Fiat Chrysler but this will not affect the company’s targets for this year and next, Chief Executive Sergio Marchionne said on Friday.
- Suzuki, Toshiba, Denso to start India lithium-ion battery JV – Reuters: Suzuki Motor Corp, Toshiba Corp and Denso Corp on Friday said they would form a joint venture to produce lithium-ion batteries for automobiles in India, where auto emission regulations are tightening to deal with pollution problems.
- Elon Musk Says Tesla Will Unveil an Electric Semi Truck In September – Fortune: Tesla (tsla) CEO Elon Musk has announced that the electric car company will unveil its first semi truck in September, followed by a pickup truck model…
- Musk Lays Out Timeline for Tesla Semi Truck, Electric Pickup – Bloomberg: Tesla Inc.’s plans to pad its lineup of electric vehicles are taking shape, with Elon Musk sketching out a timeline for the arrival of a semi truck, pickup…
- At post-scandal Mitsubishi, reforms aplenty but no hit cars – Nikkei: To snuff out the corporate culture that led to Mitsubishi Motors’ damaging fuel economy scandal, the Japanese carmaker has made…
- China to allow multi-brand car dealerships to boost retailers’ competitiveness – Reuters: “The rules break up the singular nature of brand licensing in car sales, allowing for licensed and unlicensed sale methods in parallel, to break up …
- Uber’s self-driving plans hit legal roadblock – FT: Few things get Travis Kalanick as excited as self-driving cars. Last August, when the chief executive of Uber introduced his new head of self-driving…
- Volvo enters its ninth decade on a record-breaking high – Automotive News: Volvo expects to set a sales record in 2017, its 90th year of car production, because of high demand for models such as (from left) the V90, XC90, S90…
- Uber may face $1 million fine over California drunken-driving complaints – Reuters: Uber’s popular ride-sharing network has repeatedly failed to promptly suspend and investigate its California drivers when passengers report them driving drunk, state regulators charged in an enforcement action, recommending $1.13 million in fines.
- Indicted Samsung Heir Leaves Board of Fiat Chrysler’s Holding Company – WSJ: Exor SpA, the Italian holding company that controls Fiat Chrysler Automobiles NV, has parted ways with a board member who was indicted in…
- GM Expands Self-Driving Car Operations in Silicon Valley – New York Times: Mary T. Barra, the chief executive of General Motors, is seeking to expand and accelerate the company’s development of self-driving cars. Credit Paul…
- SUVs take over New York auto show – Reuters: Automakers unveil a massive number of new sport utility vehicles at the New York International Auto Show, boosted by low fuel prices and increasing …
- This Electric Car Startup Is Missing Just One Thing: Cash – Bloomberg: “All my vehicle directors that report to me were with me at Tesla on Model S. So the team that’s doing this knows how to do it.” The Lucid Air will start at…
- Musk sketches out timeline for Tesla electric semi truck, pickup, roadster – Automotive News: Tesla Inc.’s plans to pad its lineup of electric cars are taking shape, with Elon Musk sketching out a timeline for the arrival of a semi truck, pickup and…