Top News:
- Tesla auto workers’ safety in question – CBS News: May 25, 2017, 7:42 AM | Tesla auto workers are speaking out about their concern over safety at the company’s factory. Advocacy group Worksafe released Tesla safety data from 2015 to back its claim that the auto maker’s rapid growth comes at the expense …
- Ford to name top executives in Europe and Asia – FT: Ford will announce replacements for some of its key positions as early as Thursday to fill holes created by a management shake-up after the…
- Tesla split pits tech analysts vs. car analysts – Automotive News: The Wall Street split on Tesla boils down to analysts who see the next Apple and those who perceive a lot more similarity with Studebaker.
- Ford to name new heads for Europe, Asia – FT – Reuters: Ford Motor Co, which earlier this week named turnaround expert James Hackett as its chief executive officer, will announce replacements for some of its key executive positions as early as Thursday, the reported, citing sources.
- Some Uber and Lyft riders are giving up their own cars: /Ipsos poll – Reuters: Wally Nowinski got his first car when he turned 16 in Michigan, the home of the U.S. auto industry. But after two years of living in New York City, he sold his wheels, using ride services, carsharing and bike sharing to get around.
- Prosecutors investigate Bosch employees in Daimler probe – Handelsblatt – Reuters: German prosecutors who searched Daimler’s offices this week as part of a probe into diesel pollution are also investigating employees at automotive supplier Bosch, daily Handelsblatt reported, citing the prosecutor’s office.
- BRIEF-Ford will name Steven Armstrong as head of Europe, Middle East and Africa- FT,citing sources – Reuters: * Ford will name Steven Armstrong as head of Europe, Middle East and Africa, while it will name Peter Fleet as boss of Asia Pacific and China- FT,citing sources Source
- Ford appoints new Europe and Asia heads after board shakeup – FT: Ford will announce replacements for some of its key executive positions as early as Thursday, as it plugs holes created by a management shakeup in…
- A new rival for Elon Musk has just blasted off in the space race – CNBC: A Silicon Valley founded venture has successfully launched a 3-D printed rocket into space.
- Ashok Leyland posts fourth-quarter net profit as vehicle sales grow – Reuters: Ashok Leyland posted a net profit in the fourth quarter against a net loss in the same period last year, as the truck maker sold more medium and heavy commercial vehicles.
- F1 teams asked to revise cars after Monger crash – Reuters: Formula One – Monaco Grand Prix – Monaco – 28/5/16. Ferrari F1 driver Sebastian Vettel attends the third practice. REUTERS/Eric …
- Renault sees wireless charging as answer to EV range anxiety – Automotive News: As automakers and governments work to add more charging stations to ease electric vehicle “range anxiety,” dynamic…
- BMW 8 Series Concept leaks online ahead of Lake Como reveal – Autocar: Sharp coupe has surfaced online the day before it will be officially unveiled at the Concorso d’Eleganza Villa d’Este
- BMW brand boss Wortmann will speak at Europe congress – Automotive News: BMW’s head of brand and product management, Hildegard Wortmann, will be among the speakers at the Europe Congress in…
- Tesla sets up 1st supercharger in S. Korea – Yonhap: Tesla Motors Inc. has set up its first rapid-charging station in South Korea, the first of its planned 14 superchargers this…
- Hyundai to launch all-electric bus next year – Yonhap: Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Thursday it will launch an all-electric…
- Lack of new launches leaves Ford playing catchup with GM – Reuters: James Hackett spent the last year plotting Ford Motor Co’s long-term self-driving car strategy. In his first week as chief executive, he has more immediate concerns: stopping a skid in North American sales and fending off a market share grab by resurgent archrival General Motors Co.
- Deregulation spurs China pickup market – Nikkei: Thanks to a set of deregulation measures from the central government, several new pickup truck models have made…
- Worker advocacy group report says Tesla’s injury rate higher than average – Reuters: A California-based workers advocacy group released a report on Wednesday saying that Tesla Inc data showed its workers have been injured at a rate a third higher than the auto industry average.
- Cox, Holman team up on subscription sales model – Automotive News: Cox Automotive and Holman Enterprises are teaming up to#8203; expand a retail vehicle-subscription service dubbed Flexdrive.
- Harley-Davidson plans a Thailand factory to serve SE Asian market – Reuters: Motorcycle maker Harley-Davidson Inc (HOG.N) said on Thursday it will build a plant in Thailand, a major Asian automotive hub, to serve the growing Southeast Asian market, a move criticized by a U.S. labor union.
- Howes: Team Hackett must target clarity, complacency – Detroitnews: Michigan’s Jim Harbaugh says new Ford CEO is ‘hungry to make the team better. Very smart. He makes great decisions.’
- Smallest vehicles rank among the deadliest for drivers – CNBC: Two minicars, the Hyundai Accent and the Kia Rio, have the worst driver death rates in a new study. The study, which looked at fatal crash data…
- Truck veteran puts Volvo Cars on road to revival – FT: When Volvo Cars last year met investors interested in buying its first ever bonds, the crowd in Stockholm ended the meeting by giving the Swedish…
- Payne: Chevy Colorado ZR2 is a weekend warrior – Detroitnews: Affordable Colorado ZR2 primed for fun on all kinds of terrain
- Editorial: Ford shake-up sign of new times – Detroitnews: But the dramatic moves at Ford Motor Co. is a reminder that this isn’t necessarily a cyclical industry anymore, but one that is in perpetual disruption.
- China will continue to relax foreign investment rules for auto industry – Reuters: The government is preparing to further open up the new energy vehicle battery market to foreign investment, Ministry spokesman Sun Jiwen told a …
- Hawaii Sues Ford, Nissan And Toyota Over Dangerous Air Bags – Bloomberg: Levins compared the air bags to a hand grenade in the front of a car. … It’s unclear exactly how many Ford, Nissan and Toyota vehicles in Hawaii…
- Fields could walk away from Ford with $57.5 million – Automotive News: Former Ford CEO Mark Fields, ousted by the board after the automaker’s stock declined 37 percent on his watch, could walk away with about $57.5 million in compensation.
- EU probes aid for Jaguar Land Rover’s Slovak factory – Automotive News: European Union regulators opened an investigation into Slovakia’s plan to grant 125 million euros ($139.7 million) to Jaguar Land…
- Engine downsizing to ‘come to an end’ says Volkswagen boss – Autocar:
- Toyota hires VW marketing exec Shahani – Automotive News: Toyota Motor North America has hired Volkswagen of America marketing executive Vinay Shahani — a key player in the VW brand’s U.S. effort to…
- Geely joins China’s charge into Asian auto markets – Nikkei: Geely unveils the 01 SUV, part of its new Lynk & Co. brand, at the Shanghai International Automobile Industry Exhibition on April 21. (Photo by Akira…
- Labor Group Says Tesla Plant’s Worker Injury Rate Tops Industry Average – Forbes: The electric-car maker’s rate improved a bit to 8.1 injury incidents per 100 … When Tesla issued quarterly results this month, Musk said the company…
- Renesas, Great Wall Motor to develop next-gen auto tech – Nikkei: Japanese chipmaker Renesas Electronics is teaming up with China’s Great Wall Motor to develop technology for self-driving and electric…
- Geely vows to safeguard Proton as Malaysia’s ‘national car’ – Nikkei: Zhejiang Geely Holding Group is buying nearly half of DRB-Hicom’s stake in Proton Holding, Malaysia national automaker,…