Top News:
- Volkswagen to buy back Dieselgate-affected cars in two German towns – Autocar: VW waives its appeal in cases in courts in Arnsberg and Bayreuth, so will compensate owners’ affected cars
- Lotus production could move to China, says Geely owner – Autocar: Geely’s acquisition of the Lotus brand could mean production moves to China, chairman Li Shufu suggests
- Tesla Said in Talks With Labels for Music-Streaming Service – Bloomberg: “We believe it’s important to have an exceptional in-car experience so our customers can listen to the music they want from whatever source they..
- VW’s Slovak workers continue strike after talks fail – Automotive News: Jaguar Land Rover is building a plant due to open next year. PSA and Kia have raised wages at their Slovak plants by 6.3 percent and 7.5 percent,…
- Uber Made an Unusual Legal Pledge to the Head of Its Driverless Car Project – Bloomberg: Uber made an unusual commitment to the engineer it hired to lead its driverless car project: It would cover the costs of legal actions against him over…
- UPDATE: DRB-Hicom Signs Definitive Pact With Zhejiang Geely For Proton Stake Sale – Nikkei: Proton’s sports car unit Lotus will be separately sold for 100 million British pounds to Geely and Etika Automotive, a company controlled by Malaysian…
- China carmaker Geely buys 49.9% of Proton, 51% of Lotus – Nikkei: Chinese automaker Zhejiang Geely Holding Group agreed on Friday to purchase stakes of 49.9% in Proton Holdings of Malaysia…
- Panasonic Joins Push to Put Photovoltaics on More Car Roofs – Bloomberg: Tesla Chairman Elon Musk tweeted in November that his company’s Model 3 car may come with a solar roof. He’s also beginning to sell a type of roof…
- Lotus cars may be built in China, Geely owner says – Automotive News: Li Shufu said his Zhejiang Geely Holding Group will consider producing Lotus sports cars in China after agreeing to purchase…
- VW waives appeal against German dieselgate compensation cases – Reuters: German carmaker Volkswagen has agreed to buy back diesel cars equipped with illicit emissions control software after deciding not to appeal a German court ruling backing plaintiffs’ calls for compensation.
- Move Over SUVs, ‘SACs’ by Mercedes and BMW are Killing It – Bloomberg: Daimler AG’s Mercedes-Benz got in the game the following year with its GLE Coupe and released its smaller, cheaper GLC Coupe in January.
- New Zealand Newspaper Names All Drunk Drivers on Front Page – Bloomberg: “For some people, it is a party town,” he said. “But partying doesn’t mean you get into your car at the end of the night. There are plenty of taxi services.
- Chinese Billionaire Says Lotus Car May Be Produced in China – Bloomberg: In addition, the Chinese company will provide Proton with its Boyue sport utility vehicle platform, a transaction valued at 290 million ringgit, Syed Faisal…
- ‘Peugeot 301 reduces fuel consumption, CO2 emissions by 25%’ – Guardian: Winner of the 2015 and 2016 ‘International engine of the year’ award in the 1.0-litre to 1.4-litre category, Peugeot PureTech is advanced 3-cylinder…
- Coscharis offers 10% off on Jaguar Land Rover parts – Guardian: Coscharis Motors said it will give a 10 per cent rebate on spare-parts for Jaguar Land Rover vehicles. The offer which, which will end June 30 will…
- BRIEF-Chongqing Changan Automobile to dispose M302 production line at no less than 13.6 mln … – Reuters: JOHANNESBURG, June 23 Ford Motor Co is recalling nearly 16,000 Ikon and Figo models in South Africa due to a power steering fluid leak, it said on …
- Hyundai unveils all-new Kona to spur line-up – Guardian: Hyundai is taking the global market by surprise with a new B-segment sport utility vehicle (SUV), which if properly positioned may become a toast for…
- 2018 Aston Martin Vantage spotted testing in Britain – Autocar: Model features a Mercedes-sourced turbocharged 4.0-litre petrol V8, shared with the upcoming DB11 V8
- Judge says San Francisco can subpoena Uber for driver information – Reuters: A California state judge said on Thursday that San Francisco can demand from Uber records containing the ride-hailing company’s driver contact information, the city attorney said.
- BRIEF-Los Angeles County Metropolitan Transportation Authority approves REV Group subsidiary’s recommendation for award of contract – Reuters: * REV Group says along with related optional vehicle features, spare parts and training, contract award represents over $400 million in revenue over contract life
- Shanghai Electric says Co did not sign any JV agreement with Tesla – Reuters: * As of date of this announcement, Co did not get in touch with Tesla and did not sign any joint venture agreement with Tesla
- ‘Nobody Is Perfect’: Some Uber Employees Balk at Travis Kalanick’s Exit – New York Times: Earlier this week, Travis Kalanick stepped down as the chief executive at Uber. Credit Jeffery Salter/Redux. Uber and its investors are facing a backlash over Travis Kalanick’s departure as chief executive – particularly from employees. Starting late…
- Waymo Hires Ex-Tesla Engineer to Lead Self-Driving Hardware – Bloomberg: The hire is the latest in a series of high-profile talent acquisitions and departures to rock the fiercely competitive autonomous driving landscape. Established automakers, suppliers, tech companies and a raft of startups are racing to bring self …
- Dispute at key German plant could hit Daimler output – Reuters: FILE PHOTO: The Mercedes star logo of an E Coupe is pictured before the annual news conference of Daimler AG in Stuttgart, Germany, February 2, …
- Uber’s Kalanick Knew Engineer Had Google Data Long Before Waymo Suit, Filing Says – Forbes: … in February claiming that former Google engineer Anthony Levandowski stole trade secrets related to its LiDAR vision system for self-driving cars.
- Toyota, Nissan and co to support Takata recovery – Nikkei: Honda Motor, Toyota Motor and Nissan Motor will continue to financially support Takata after it files for bankruptcy protection here as early…
