Top News:
- Study of VW’s cheating on diesels examines role of Bosch code – Automotive News: A study alleges that Robert Bosch created the software that enabled Volkswagen AG to evade diesel emissions standards for years.
- Elon Musk: We started Tesla after big auto companies tried to ‘kill’ the electric car – CNBC: Elon Musk wants to challenge the notions that Tesla can only thrive with government subsidies and that he’s only in the business for “making money.” The CEO took to Twitter early Friday to explain why he and other Silicon Valley engineers started Tesla …
- Toyota forms cost-saving task force to arrest profit slide – Automotive News: Toyota has created a task force comprising senior executives to oversee costs as Japan’s biggest automaker seeks to arrest a slide in operating profit.
- Tata Motors reaches wage deal with Sanand plant union – Reuters: Tata Motors Ltd reached a long-term wage settlement with workers at Sanand plant in Gujarat.
- Opinion: Can you buy a good car for £300? – Autocar: And here it is: my new Volkswagen Lupo. All £320 of it. Jimi’s first foray into car ownership took him near to the bottom of the used car market. Meet the new love of his life: a Volkswagen Lupo
- Autoliv says will accelerate beyond $12 billion sales target – Reuters: The near-collapse of Japanese airbag maker Takata has cleared the road for bigger rival Swedish rival Autoliv but higher orders have yet to translate into share price gains.
- GM’s Most Exclusive Car Is the Stuff of Hot-Rod Dreams – Bloomberg: Now 54, the owner of an electrical contracting business, Mitchell has built up a collection of cars that includes five Corvettes, a Lamborghini Diablo,…
- Facebook is determined to build auto ties – Automotive News: Facebook is seeking to boost advertising from the auto industry, a challenge because unlike movie tickets or shoes, consumers don’t really buy new cars online.
- GM confident of India dealer settlement though half object to terms – sources – Reuters: General Motors Co is confident of reaching a settlement with dealers in India before halting sales in the country even though half say the compensation on offer is too low, people familiar with the matter said after the first round of talks.
- Dallara trademarks Stradale name for KTM X-Bow-rivalling road car – Autocar: Race chassis maker will make an extreme, limited-production model with ‘lessons from racing’, likely to take the Stradale name. Could use the Mustang’s EcoBoost engine
- Tesla? Nope. How to Profit From Lithium-Ion Boom – Barrons: Tesla fans who order a Model 3 today will likely have to wait until the end of next year for delivery, the company said Tuesday at its shareholder…
- China EV quotas will be tough for premium brands, BMW exec says – Automotive News: This helped boost sales of pure electric vehicles by 4.4 percent in the first quarter to 44,333 units, according to the China Association of Automobile…
- BRIEF-Zipcar expands to Asia with launch of car sharing service in Taipei – Reuters: * Zipcar expands to Asia with launch of car sharing service in Taipei, Taiwan
- 542bhp Range Rover Velar SVR takes to the Nurburgring – on video – Autocar: Land Rover’s Range Rover Velar SVR will launch next year as a supercharged V8 brute to rival the BMW X6 M Hot Land Rover spotted testing at the Nürburgring; it’s due for launch next year with a supercharged V8 engine
- Germany’s ‘Very Bad’ Export Problem – Bloomberg: Donald Trump is vexed about Germany’s massive trade surplus, especially the cars that Volkswagen AG, BMW AG and Daimler AG export to the…
- Aston Martin calls for investment clarity after inconclusive UK election – Reuters: British luxury carmaker Aston Martin called on politicians to quickly provide rapid reassurances to business so they can continue to invest after a snap election gave no political party an overall majority in parliament.
- Here’s How to Kill Electric Cars – Bloomberg: The electric car seems to be on an unstoppable trajectory. In the past five years, the number of electric cars on the road worldwide has soared to two…
- MEDIA-India’s Maruti Suzuki plans to spend 10 bln rupees on land acquisition this year – Economic … – Reuters: … * CBOT wheat up 4.7 percent, biggest weekly gain since mid-Oct * Spring wheat up 10.5 percent in fourth week of climbs * Dry weather seen hitting …
- Toyota rolls out new Camry in SUV-crazed US – Detroitnews: Portland, Oregon – Thirty-five years ago, Toyota exploited high gas prices and federal fuel-efficiency regulations to take a historic foothold in the U.S….
- Howes: We’re ‘Here for America,’ foreign automakers say – Detroitnews: ‘International Automakers in America’ sell more metal to Americans than Detroit’s automakers (and tiny Tesla) combined
- Electric car demand sparks lithium supply fears – FT: In April BYD, the Chinese electric car and bus company part-owned by Warren Buffett, said it was talking to lithium producers in Chile about potential…
- Subaru, Nissan hit highway with affordable self-driving – Nikkei: Subaru will release a revamped version of the Levorg wagon in August, and the mainstay model will offer a self-driving system that operates on a…
- McLaren’s Brown juggles his F1 hats – Reuters: The cabinet, in a spacious glass-walled office with views looking out across the factory’s lake, also contains miniature cars, including from rivals …
- Next Mercedes A-Class to get S-Class driverless tech in 2018 – Autocar: reader Keiron Broadhead was quick to photograph this development car in Berlin Next-generation hatchback will also get new, larger underpinnings and hybrid option; top AMG A45 will produce 400bhp
- Ford Offering Buyout Packages to About 15000 Workers – WSJ: Ford Motor Co. is offering buyout packages to about 15,000 salaried workers in North America and Asia in a cost-saving move that is aimed at…
- No panic as Mercedes prepare for Canada – Reuters: … If Mercedes cannot find their mojo again soon, they can expect to see Ferrari pull away at the top of both …
- Elon Musk’s Goals For Tesla Will Require Billions More In Capital; Investors Cheer – Forbes: “From its beginning Tesla has always been seeking more capital, so much … well ahead of considerably larger General Motors or Ford on that basis.
- Elon Musk Says Teslas Can Now Play Any Monty Python Skit – Seriously – Fortune: Elon Musk made a critical revelation on Thursday: Teslas can now play any Monty Python skit from their speakers. The business mogul announced the…
- Great Wall’s Rearview Mirror – Bloomberg: One of the few Chinese carmakers without a foreign partner, Great Wall … Valuations for Chinese automakers in the world’s largest car market are…
- Barra tours GM plant with Facebook’s Sheryl Sandberg – Automotive News: Facebook COO Sheryl Sandberg toured a General Motors plant with CEO Mary Barra during a Detroit visit Thursday to discuss a new…
- Nissan Wins Over Japan With a $27000 Hands-Free Minivan – Bloomberg: The system will be offered on the new Qashqai SUV unveiled at the Geneva Motor Show in March as well as on the updated Leaf electric car due later…
- Race Is on to Mine Metal Powering Electric Vehicles – Bloomberg: A typical electric car battery contains 15 kilograms of cobalt, while a laptop needs around 33 grams and a smartphone requires 6 grams, according to…
- Tesla’s Sales Setbacks Do Not Deter Investors – Forbes: Tesla has been thwarted by two more states, Connecticut and Louisiana, … That remark is aimed at the sales tax that would be generated by Tesla sales. … who have electric cars to sell from companies like General Motors, Nissan,…
- Tesla’s Roadmap for Growth: Full Speed Ahead – Barrons: Tesla CEO Elon Musk outlines bold ambitions as the company’s market value races past GM and Ford. Latest. 0:35 Up Next. Millennials Are Saving In…
- Uber in Talks to Acquire Team of Car-Parking Startup Luxe – WSJ: While Uber Technologies Inc. wrestles with a string of controversies, the ride-hailing company is in advanced talks to acquire much of the engineering…
- Five Things We Learned This Week (06/08) – Bloomberg: Denmark shows to kill the electric car market and four more stories that shaped the week. (Source: ). Related. Trump’s Big Problem with…
- Is Tesla The Big Disruptor Or A Minor Irritant? Take Your Pick – Forbes: Tesla launches its potentially big-selling and affordable Model 3 later this year, but one analyst thinks it will be late, never make any money, and…
- Honda’s new strategy focuses on self-driving cars, EVs – Automotive News: Honda Motor Co. outlined its plans to develop autonomous cars with level 4 capability that can drive on city streets by 2025, building…
- What’s it like to be driven by a self-driving car? – Autocar: Honda showcased autonomous tech at an event in Japan Sitting in a car driving itself at 65mph shows how far the technology has come