Top News:
- 2017 Toyota Supra to get automatic gearbox and BMW electronics – Autocar: Latest shots show Supra’s final look both inside and out; hybrid FT-1 concept to inspire production model, although we won’t see it until after its BMW Z5 sister car
- 2017 Goodwood Festival of Speed – Ford GT dynamic debut, Ferrari’s 70th – Autocar: The Ford GT will make its UK dynamic debut… This year’s FOS will also acknowledge advances in cutting-edge car and aviation technology
- Cars in Vending Machines, a Fading IPO and an Ex-Con Behind Them – Bloomberg: To stand out from rivals including CarMax and eBay Motors, Carvana’s goal is to build a large distribution network and deliver used vehicles to…
- Germany’s Delivery Hero lines up latest online takeaway IPO – Reuters: Online food takeaway firm Delivery Hero is preparing a flotation that could value one of Europe’s largest internet startups at up to 4 billion euros ($4.5 billion), raising funds to help it fend off new competitors such as Uber [UBER.UL] and Amazon .
- Grab, Uber’s Southeast Asian rival, likely to seek funds, eyes financial services – Reuters: Grab, Uber Technologies Inc’s [UBER.UL] biggest ride-hailing competitor in Southeast Asia, is likely to kick off a fresh round of fundraising “in the near future” as it seeks to develop offerings such as financial services, its head said on Tuesday.
- Turning car windows into video displays – Reuters: Liquid crystal glass windows could turn cars into mobile billboards that display targeted and localised information, according to an Israeli start-up.
- 2017 Volvo S90 T6 AWD Inscription Is Light-years Ahead Of Its Predecessors – Forbes: About 20 years ago, my wife and I joined our friends and rode from Los Angeles to Las Vegas in a Volvo 960. The range-topping sedan was fitted with…
- Volkswagen’s Electric Effort Charges Up Detractors – WSJ: Several state officials and auto makers are pillorying Volkswagen AG’s plan to sell battery juice to Americans driving electric cars, contending the…
- For $175000, the 2018 Audi R8 Spyder Puts You in the Cockpit – Bloomberg: The 2018 Audi R8 Spyder is the first car I’ve ever driven in that has caused a … in Europe as part of parent-company Volkswagen AG’s “dieselgate” scandal. … Both examples are humbler cousins to the Lamborghini Huracán, also…
- Hyundai hires ex-Volkswagen designer Simon Loasby – Yonhap: Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Tuesday it has hired Volkswagen China’s design…
- China Helps Big Auto Get Bigger – Bloomberg: Make no mistake, China is still committed to its goals of increasing annual sales of electric vehicles, plug-in hybrids and fuel-cell cars by 10-fold in the…
- Shareholders to Settle GM’s Fight With Activist Investor – New York Times: DETROIT – General Motors’ normally tranquil annual meeting could be a contentious affair this year, as an activist investor targets GM’s stagnant…
- China’s 21st Century Industrial Policy Spawns Robot Bubble – Bloomberg: Take the electric-vehicle industry. China plans to halt issuing permits to produce electric vehicles in the world’s biggest auto market, according to…
- China Said to Halt New Electric Car Permits on Glut Concern – Bloomberg: China plans to halt issuing permits to produce electric vehicles because of concern additional approvals may lead to a glut in the world’s biggest auto market, according to people with knowledge of the matter. The National Development and Reform…
- Geely Automobile Downgraded by Daiwa – Barrons: Daiwa thinks Geely could see short-term pain for the current quarter as the effects of a slight tax increase on autos starts to filter through to the…
- California, China defy US climate retreat with new cleantech tie-up – Reuters: California Governor Jerry Brown attends International Forum on Electric Vehicle Pilot Cities and Industrial Development in Beijing, China June 6, 2017 …
- Tesla’s Board Faces Investor Push for Annual Director Votes – Bloomberg: Tesla Inc. recommends annual service inspections on its cars. Some of the electric-car maker’s investors want its board subject to yearly checkups, too…
- Uber to share some findings of harassment probe Tuesday: source – Reuters: Uber Technologies Inc [UBER.UL] will tell employees on Tuesday about changes it will make after a probe into sexual harassment allegations by a former engineer at the ride services company, a person familiar with the matter said.
- Hyundai Reveals a Little More of New Kona – Yahoo: Although we’re going to have to wait until June 13 for the proper launch of Hyundai’s new small crossover, the Kona, the South Korean automaker has…
- Feinberg may be tapped to run Takata compensation fund – Automotive News: A federal judge may tap longtime compensation adviser Kenneth Feinberg to oversee claims for nearly $1 billion that Takata will pay to victims of defective airbag inflators linked to numerous deaths and injuries.
- BlackBerry downplays Toyota’s use of rival software – Reuters: BlackBerry Ltd on Monday downplayed news that Toyota Motor Corp would adopt rival software for its future vehicle consoles, saying it was more focused on the faster-growing market for autonomous driving technology.
- An interview with Frances Frei, who Uber just hired to fix its cultural problems – CNBC: Uber has hired well-regarded management academic Frances Frei as its first SVP of leadership and strategy, hoping she can turn around the company culture.
- China Said to Halt New EV Permits on Concern Over Possible Glut – Bloomberg: China plans to halt issuing permits to produce electric vehicles because of concern additional approvals may lead to a glut in the world’s biggest auto…
- Toyota holds off BMW to remain most valuable car brand; Tesla rises to No. 8 – Automotive News: Toyota defended its title as the world’s most valuable car brand in a new ranking, holding off BMW and Mercedes-Benz. Tesla, meanwhile, made the…
- Next Dacia Duster breaks cover ahead of 2018 launch – Autocar: Next-generation SUV is larger than current model; it’s expected to arrive in just over a year’s time
- China Is Said to Halt New Electric-Car Production Permits – Bloomberg: China plans to halt issuing permits to produce electric vehicles pending a review of the policy because of concern additional approvals may lead to a…
- Autonomous vehicle industry must overcome legal, policy challenges, Bill Ford says – Automotive News: Developing hardware and software to run self-driving vehicles will be easy compared to the regulations, ethics, infrastructure and workforce retraining required, Ford Executive Chairman Bill Ford said.
- Federal Regulators to Update Autonomous Vehicle Guidelines – WSJ: U.S. Transportation Secretary Elaine Chao said Monday traffic-safety regulators are overhauling voluntary federal guidelines aimed at laying a framework for autonomous-vehicle development, promising an updated blueprint for self-driving-car developers within months.
- Uber, Lyft Asked by San Francisco to Turn Over Driving Records – WSJ: Uber Technologies Inc. and Lyft Inc. have been subpoenaed by San Francisco to turn over four years of records on driving practices, disability access and service.
- Toyota, Nissan pick up speed in China – Nikkei: Toyota’s sales in China grew to 112,800 units, the company reported Monday, while Nissan Motor’s climbed 5.7% to 112,085 units. Better branding…
- FCA under investigation for failing airbags in 2012 Jeep Liberty – Automotive News: The 2012 Jeep Liberty SUV is under a preliminary U.S. safety investigation for complaints of a failing airbag control computer.
- Silicon Valley Has Explaining to Do on Self-Driving, Chao Says – Bloomberg: U.S. Transportation Secretary Elaine Chao called on Silicon Valley to “step up” and explain self-driving technology to help the public overcome its…
- U.S. plans to update self-driving guidelines in coming months – Reuters: President Donald Trump’s administration will unveil revised self-driving guidelines within the next few months, the head of the U.S. Transportation Department said on Monday, responding to automakers’ calls for regulations that will eliminate barriers and allow autonomous vehicles on the road.
- San Francisco investigating whether Uber, Lyft are public nuisances – Reuters: San Francisco has issued subpoenas to Uber Technologies Inc [UBER.UL] and Lyft Inc for a broad scope of records on driving and business practices as part of an investigation to determine whether the ride-services companies have become a public nuisance.
- China leans toward postponing green-car sales quotas – Nikkei: Beijing released a plan in September for boosting sales of so-called new-energy automobiles, such as electric, plug-in hybrid and fuel-cell vehicles.
- Billionaire investor David Einhorn appears to be alone in GM shareholder battle – Freep: More than two months after launching a shareholder battle against General Motors, billionaire investor David Einhorn and his firm, Greenlight Capital,…
- Uber is delaying the release of its investigation into gender bias, report says – CNBC: Uber engineer Susan Fowler alleged the company failed to act on sexual harassment and gender discrimination complaints.
- Does Tesla’s Board Answer to Shareholders or Elon Musk? – Barrons: Investors have plenty to celebrate given that Founder and CEO Elon Musk’s Tesla recently passed General Motors and Ford Motor to become the…
- How an eager Chinese tech group stumbled in America – FT: Faraday Future, the electric vehicle company backed by Mr Jia, was set up to make electric vehicles in Nevada. But last month, with the factory…
- Tech That Takes the Controls from Terrorists – Bloomberg: Given London has now had two attacks where vehicles were used to run …. Before it entered into force, only some 32 percent of new cars sold in the…
- San Francisco claims Uber, Lyft not serving poor, disabled – Reuters: The city is taking the unusual approach of investigating whether Uber and Lyft are a public nuisance. An influx of cars driving for the two companies …
- Apple, Amazon, and Facebook Join Campaign Supporting Paris Climate Agreement – Fortune: Apple, Amazon, Facebook, Google, Tesla, Lyft, and Uber are among the U.S. companies that have added their names to the “We Are Still In” campaign…
- SoftBank’s India solar ambitions may gain from Modi’s EV push – Reuters: SoftBank Group is in talks with the Indian government to facilitate the use of renewable energy like solar to charge electric vehicles in the country, a senior executive at the Japanese group’s local unit told .
- Elon Musk’s best tips for aspiring entrepreneurs – CNBC: Here’s what you can learn from the CEO of Tesla and SpaceX, Elon Musk.
- Forget Tesla. Here’s a Real Truck Stock With Big Upside. – Barrons: Navistar was upgraded by Baird today, who cited demand recovery, market-share gains, and margin expansion for their more optimistic outlook. By.
- Icahn expands aftermarket business with Precision acquisition – Automotive News: Photo credit: … Carl Icahn’s investment company has agreed to acquire Precision Auto Care, … in fleets, ride-hailing and ride-sharing services and rental cars, Carl Icahn told The ? in an interview.
- Video: What’s the best 4×4? New Land Rover Discovery faces five rivals – Autocar: We pit the new Disco against a Mercedes-Benz G-Class, an Isuzu D-Max with Arctic Truck accessories, a Toyota Land Cruiser, and our wildcard, the Dacia Duster
- Faraday Future Will Be The First Electric Carmaker To Participate At This Summer’s Pikes Peak – Forbes: Faraday Future will be the first electric vehicle manufacturer to participate in the 2017 Pikes Peak International Hill Climb outside of Colorado Springs,…
- Palladium’s Rally May Run Out of Steam – Bloomberg: Car sales in the U.S. and China are slowing, triggering demand concerns for the metal that’s mostly used to cut emissions in gasoline-fueled vehicles.
- Flying Cars Are Close To Moving From Fiction To Reality – Forbes: There are over 15 start-ups, globally, that are actively involved in building a future flying car, by my firm’s count. The majority of these companies are…
- Toyota flying car? Automaker pursues ‘aerial solutions,’ backs start-up – CNBC: Members of Cartivator carry propellers of the test model flying car in Toyota, central Japan, Saturday, June 3, 2017. Cartivator Resource Management…
- EPA Stuck in Neutral on Car Emissions – Bloomberg: … career EPA official on the lack of progress in addressing a change in greenhouse gas standards for cars. This is a podcast. To download…
- How Mercedes plans to recapture its early lead in self-driving cars – Automotive News: Instead of an enviable head start, Mercedes is just part of the pack in the race to roll out self-driving cars. That’s a thorn in the side for Dieter Zetsche.
- Vauxhall VXR8 GTS-R to be brand’s last V8-engined car – Autocar: Fifteen VXR8 GTS-Rs will be sold in the UK, and are likely to be the last V8-engined Vauxhalls ever, as Holden’s Australian production comes to an end
- GM shareholders to decide on Greenlight stock plan, board challenge – Automotive News: Greenlight Capital’s plan to split up GM stock, as well as its challenge to the company’s board of directors, will come to a head on Tuesday.
- 2018 Nissan Leaf due for reveal in September with striking new design – Autocar: Nissan has previewed its next Leaf with this image A single picture of the car’s headlight backs suspicion it will take influence from the Micra; 340-mile range predicted
- US probes air bag computer failures in ’12 Jeep Liberty – Detroitnews: The NHTSA says it has received 44 complaints about the problem involving a computer that controls air bag deployment