Top News:
- BRIEF-Beijing WKW Automotive Parts plans German unit for high-end electric car project – Reuters: is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news …
- Sensex ends flat, snaps two-day fall – Reuters: Indian shares posted slight gains on Tuesday, as auto makers such as Maruti Suzuki rallied on strong April sales, but broader gains were capped after Ambuja Cement’s quarterly results raised concerns about corporate earnings.
- TVR Griffith name trademarked – Autocar: The TVR Griffith name has been trademarked ahead of the launch of the brand’s first car since its resurrection. Trademarking of TVR’s most evocative moniker suggests new model could take this name; others are still possible, though
- Renault CEO Carlos Ghosn takes aim at even tougher sales, profit targets – Automotive News: When the Renault Group CEO stepped on to the podium in Paris during the automaker’s financial results conference earlier this year, he emphasized…
- Blablacar Tackles Commute, Grows Ride-Share Challenge to Uber – Bloomberg: Blablacar, the car-sharing application that lets drivers split the cost of long-distance trips with passengers, is expanding into short-distance routes by…
- Can a Car Like the Volkswagen E-Golf Play Tortoise to Tesla’s Hare? – Bloomberg: While the internet goes gaga every time Tesla introduces a totally new car, less enthusiasm is generally afforded to annual updates on electric cars in…
- Samsung self-driving cars take fight to Apple, Uber and Google’s Waymo – Guardian: While Waymo has what was known as the self-driving Google car, and Uber has used Volvo cars among others, it is still unclear how self-driving…
- Facelifted Renault Captur on sale now priced from £15,355 – Autocar: The facelifted Renault Captur is on sale now priced from £15,355, with first deliveries due this July Europe’s best-selling compact crossover gets design tweaks and more equipment
- Macron, Renault and the Future of French Capitalism – WSJ: For much of 2015, Renault was engaged in a public battle with Mr. Macron, then economy minister to socialist President François Hollande.
- Tesla Started 2017 With a Sales Boom in China – Fortune: In early March, Tesla surprised everyone when it said it had just sold $1 billion worth of vehicles in China in 2016. Until then, the narrative surrounding Tesla in China was that the company just didn’t get it. Because of high tariffs and taxes, Tesla …
- Tesla’s China Sales Boom Will Start in 2017 – Fortune: In early March, Tesla surprised everyone when it said it had just sold $1 billion worth of vehicles in China in 2016. Until then, the narrative surrounding…
- Hyundai chooses Chinese battery supplier – Nikkei: South Korean automaker Hyundai Motor has chosen a Chinese battery supplier for the first time. Fujian-province based Contemporary…
- New Dacia Logan MCV Stepway on sale now priced from £11,495 – Autocar: Off-road styled estate gets a raised ride height and new equipment; first deliveries in June
- Hyundai’s April sales fall 12 pct amid slowing growth – Yonhap: Hyundai Motor Co. said Tuesday its April sales fell 12 percent last month from a year earlier due to lower demand from…
- Hyundai Mobis Q1 net falls 4.2 pct on FX losses – Yonhap: Hyundai Mobis Co., South Korea’s biggest auto parts maker by sales, on Tuesday posted a 4.2 percent on-year drop in…
- Samsung Electronics Given Go-Ahead to Test Self-Driving Cars – Barrons: Samsung becomes the first electronics company to receive permission from the South Korea government to test out self-driving cars. The news first…
- Samsung pushes ahead in self-driving vehicle race – FT: Samsung’s push into auto technology hit a new milestone after authorities in South Korea granted the company permission to test its self-driving cars…
- BUZZ-Maruti Suzuki, Eicher Motors hit record highs – Reuters: SAN FRANCISCO, May 1 India-based IT services firm Infosys Ltd said late on Monday that it plans to hire 10,000 American workers in the next two …
- BRIEF-Zhejiang Wanliyang signs agreement on auto parts project – Reuters: MOSUL, Iraq Ahmed Abdelsattar was 14 when Islamic State swept into Mosul and declared a caliphate in 2014. Fearing he would be indoctrinated …
- Tesla rival Lucid rises on home turf – Detroitnews: New York – Peter Rawlinson says the Tesla Model S is Electric Vehicle 1.0, and the Lucid Air is EV 2.0. People are listening because he’s been the…
- Platts to launch low-sulphur marine gasoil assessments – Reuters: S&P Global Platts will launch new low-sulphur marine gasoil and diesel oil prices at several bunkering ports in Asia from June, it said in a note to subscribers on Tuesday.
- 2018 Honda CR-V details, release date announced – Autocar:
- Kia launches Soul EV with extended range – Yonhap: Kia Motors Corp. on Tuesday launched the latest version of the Soul electric vehicle (EV) with an extended range, a move…
- Tesla: 3 Reasons the Bears Will Be RightEventually – Barrons: See, the bears are probably right when they point out that Tesla’s shares are too expensive; that Tesla will need to raise more money; and that the Model 3 will probably eat into margins once it’s released. The problem: The market doesn’t seem to care …
- Hotter Than Lithium: Cobalt Prices Soaring On Supply Deficit – Yahoo: Between the electric vehicle (EV) boom and the launch of Tesla’s cobalt-hungry battery gigafactory, cobalt is a metal that is already in short supply.
- BRIEF-Mercedes-Benz Canada says retailed 4355 units in April 2017 for 2.9 pct increase over … – Reuters: WASHINGTON, May 1 President Donald Trump announced on Monday he has signed an executive order creating a new technology council to …
- Watch a Porsche Cayenne pull a 285-tonne aircraft – Autocar:
- Mercedes-Benz Canada maintains steady growth in April – Yahoo: Mercedes-Benz Canada and its national dealer network have carried the momentum of a record-breaking first…
- Honda, Takata sued over fatal Malaysia crash – Detroitnews: Washington – Honda Motor Co. Ltd. and Japanese air bag manufacturer Takata Corp. are facing a wrongful death lawsuit over a deadly crash in…
- MEDIA-India govt explores buy and lease strategy to boost electric vehicle usage – Mint – Reuters: SAN FRANCISCO, May 1 India-based IT services firm Infosys Ltd said late on Monday that it plans to hire 10,000 American workers in the next two …