Top News:
- Jim Satcher Motors compares 2017 Ford Edge to competition – Yahoo: The pages focus on comparing the 2017 Ford Edge to three of its toughest competitors in an effort to give its customers a one-stop shop for all the…
- SpaceX Boosts U.S. Spy Satellite Into Orbit – WSJ: Elon Musk’s Space Exploration Technologies Corp. added another successful launch to its record Monday morning, but this time it carried a classified payload for the Pentagon’s National Reconnaissance Office.
- Autonomous car start-up Zoox hires ex-Ferrari exec Lanzone – Reuters: Autonomous vehicle start-up Zoox said on Monday Corrado Lanzone, former operations director of Ferrari SpA’s racing division, has joined the California-based company as its vice president of manufacturing operations.
- Opel will build new Corsa with PSA technology – Automotive News: The current Corsa is built with technology from General Motors, which has agreed to sell Opel … Opel had previously said its new Corsa, slated to be launched in 2019, would also be built with GM technology but has now decided to…
- Opel to build new Corsa model with Peugeot technology: paper – Reuters: Car maker Opel, which PSA Group has agreed to buy from General Motors, will use the French carmaker’s technology in the next generation of its best-selling Corsa model, a company spokesman said, confirming a newspaper report.
- Will Tesla’s (TSLA) Q1 Earnings Beat on Higher Unit Sales? – Yahoo: Tesla, Inc. TSLA is set to report first-quarter 2017 results after the market closes on May 3. In the last quarter, the electric car maker posted an earnings…
- 2017 Volvo XC60 chassis simulator drive – Autocar: Although I open a door into the crossover’s brand new cockpit, I am only getting into a third of a car Volvo’s new Jaguar F-Pace rival isn’t due until September, but we’ve had a go… sort of
- Denso, Aisin Seiki profits rise on higher volumes – Automotive News: Higher production volumes lifted Denso and Aisin Seiki to higher profits in the fiscal year just ended despite currency headwinds, the two Japanese parts suppliers said.
- A $50000 Chrysler Van Explains Why U.S. Auto Sales Are Slowing – Bloomberg: The average new-car price in the U.S. rose about 2 percent over the past year, according to data from TrueCar Inc.’s ALG. That’s an increase more…
- BMW, Toyota, Honda in U.S. probe over alleged patent violations – Automotive News: The U.S. International Trade Commission (USITC) listed 25 companies in the probe, including BMW, Honda and Toyota, along with Japanese parts…
- BRIEF-BYD sees H1 FY 2017 net profit to down 20.3 pct to 31.4 pct – Reuters: French car registrations shed 6.01 percent in April, according to industry data published on Monday by the CCFA automobile association.
- BRIEF-VT Holdings postpones acquisition effective date for stake in Peugeot Citroen South Africa … – Reuters: is the news and media division of Thomson . Thomson is the world’s largest international multimedia news agency, providing …
- TABLE-India’s Maruti Suzuki April vehicle sales up 19.5 pct y/y – Reuters: MUMBAI, May 1 Maruti Suzuki India Ltd’s vehicle sales in April: April 2017 April 2016 Pct change TOTAL SALES 151,215 126,569 19.5 DOMESTIC …
- Edited Transcript of Volvo Personvagnar AB earnings conference call or presentation 28-Apr-17 8 … – Yahoo: We have, here with me, Mr. Patrik Tolf, Deputy CFO of Volvo Car Group. As you know that we published the financial results this morning at 6 o’clock.
- U.S. to probe Japanese, German automakers over alleged patent violations – Reuters: The United States will begin an investigation into whether thermoplastic components used in some Japanese and German vehicle models sold in the country violate its patent laws, trade authorities said late last week.
- Mann plots a U.S. revival for Mitsubishi – Automotive News: The British-born Mann stepped into Mitsubishi’s beleaguered operations last year at the direction of Nissan’s then-CEO Carlos Ghosn after Nissan…
- Ford’s Hinrichs on how to improve NAFTA – Automotive News: Ford Motor Co. believes a modernization of the North American Free Trade Agreement should include protections against currency…
- Audi’s Mexico plant getting high-end neighbor, but who will come? – Automotive News: A master-planned ‘city for the future’ rises in the fields alongside Audi’s Mexico plant. Can it attract auto workers making $15 a day?
- China’s joint-venture reform: Read the fine print – Automotive News: Foreign automakers in China have dreamed of freeing themselves from the joint ventures the Chinese government has imposed on them. It might take a while.
- Chinese buy into Cadillac – Automotive News: General Motors is deftly repeating its success in restoring Buick a few years … GM’s second-newest assembly plant worldwide, the Cadillac factory…
- BMW holds out hope for 7 series – Automotive News: BMW wanted to set a new sales record and regain leadership of the large luxury sedan segment after launching the redesigned 7 series in late 2015. It didn’t happen last year – but there’s always 2017, says Americas chief Ludwig Willisch.
- Self-driving companies to consumers: Hop in – Automotive News: With the introduction of the program, Waymo joins Uber, Tesla Inc. and Volvo Cars in opening its technology to a public that has been slow to embrace…
- Subaru says dealers are lagging on service – Automotive News: Subaru dealers continue to set sales records in the U.S., but they are not keeping up in their service departments, the brand’s U.S. president says.
- Store guarantees job applicants an interview – Automotive News: Patrick DeBruler was in the middle of a rough patch when he walked into Champion Chevrolet of Avon, Ind., last summer to pick up a job application. It proved to be just the break he needed.
- Corvette Carbon 65: The first collectible of 2018 – Automotive News: The first collectible car of the 2018 model year is the Chevrolet Corvette Carbon 65, a limited-production model that celebrates the sports car’s 65th anniversary. Most U.S. and Canadian Chevrolet dealers will never see the car.
- Acura’s mission for TLX: Fix styling – Automotive News: In the world of luxury automakers, turbocharged engines reign supreme. Except at Acura.
- AMG chief predicts lineup of plug-ins – Automotive News: Mercedes-AMG chief Tobias Moers forecasts plug-ins across the performance brand’s lineup in the long term. Pure electrics also are inevitable.
- KAR, Cox take different approaches to growth – Automotive News: Cox Automotive and KAR Auction Services own the two largest U.S. auction groups. But they’ve taken quite different approaches to growing and diversifying.
- Nissan Rogue Sport: A conquest machine? – Automotive News: Nissan is already rattling the market with sales of its Rogue crossover. Last month, the compact was the biggest-selling non-pickup…
- Ignis gets runner-up at 2017 World Urban Car Awards – Autocar:
- Vehicle add-ons rev up auto earnings – Detroitnews: General Motors Co. introduced its premium Avenir option for Buicks last … And GM debuted a new Redline special-edition trim line for nine vehicles…
- GM bankruptcy could explain Tesla – Automotive News: Keith Crain writes that he is mystified by Tesla’s stock price — at a stock market valuation larger than that of General Motors — given the future hazards…
- Don’t tie California’s hands over EVs – Automotive News: It’s an exciting time for electric vehicles. Inside EVs says U.S. sales jumped 37 percent last year, and this year’s 46 percent spike through March continued the momentum. Even as the record pace of industrywide auto sales slows, electric carmaker …
- At Audi plant, labor tensions stir – Automotive News: Audi received more than 165,000 job applications when it started hiring for its first production plant in Mexico, a clear…
- Honda back in the black as recall costs dwindle – Automotive News: Booming North America powered Honda Motor Co. back into the black in the latest quarter, reversing a loss from a year earlier when results…
- Mazda will turn to crossovers to bolster profitability – Automotive News: Mazda Motor Corp. is ramping up crossover output to bolster profitability after recalls and higher car incentives undercut earnings in the…
- Plaintiffs suing GM still face high bar – Automotive News: General Motors last week lost its bid to throw out lawsuits tied to ignition-switch failures before its 2009 bankruptcy. The decision allows…
- Facebook’s Zuckerberg visits Ford plant – Automotive News: Facebook CEO Mark Zuckerberg, left, tours Ford’s Dearborn truck plant with Executive Chairman Bill Ford, right, and plant manager Brad Huff.
- Ford returns to roots – Automotive News: Ford Motor Co. Executive Chairman Bill Ford and sons Nick, left, and Will, right, visited The Henry Ford Tavern in the family’s ancestral village of…
- Ford was a poor caretaker for Volvo – Automotive News: Let’s be very clear: Ford all but gutted and filleted Volvo during the time it owned the brand (“Beating the odds,” April 17). Rather than acknowledge…
- Uber reassigns engineer cited in Waymo lawsuit – Automotive News: Anthony Levandowski, the Uber self-driving engineer at the center of Waymo’s lawsuit against the company, stepped down from his position as head…
- Toyota Targets Millennials With Funky FT-4X Crossover Concept – Forbes: Okay Millennials, listen up. You’ve been put under a microscope by Toyota and the company is convinced it’s come up with the perfect car for your…
- Flyover Country Gets To Bend More Sheet Metal, But Silicon Valley Gets To Design Cars’ Brains – Forbes: … more people and invest $14 million at a new development center in San Francisco that would spearhead the company’s work on self-driving cars.
- Even oil companies are acknowledging the power of electricity – Autocar:
- From Fiat To Fannie Mae: Hurbis Leaves FCA To Become Quicken Loans CMO – Forbes: Consider Casey Hurbis’s new job a categorical promotion: He went from marketing the second-biggest investment most Americans make to, now,…
- Big Oil Betting On Electric Vehicles – Yahoo: Colin McKerracher, head of advanced transport analysis at New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet…
- Musk Releases First Image of Electric Tesla Semi, Confirms Four New Gigafactories – Yahoo: During a wide-ranging interview at a TED event in Vancouver on Friday, Tesla (and SpaceX and Neuralink and Boring Company) CEO Elon Musk…
- Carmakers grapple with China’s electric vehicle drive – FT: Global carmakers are grappling with forthcoming rules requiring them to produce electric vehicles in China, the world’s largest car market. … Jochem Heizmann, Volkswagen China’s chief executive, said the company was making…