Top News:
- Elon Musk is the most cautious CEO in tech, according to IBM’s supercomputer – CNBC: Here are the other 10.
- Infiniti courts NBA champ Stephen Curry to endorse Q50 – Automotive News: NBA star Stephen Curry will be featured in advertisements for the redesigned Infiniti Q50 sport sedan, due for a launch around the world from August.
- China Is About to Bury Elon Musk in Batteries – Bloomberg: New Energy Finance. By comparison, when completed in 2018, Tesla Inc.’s Gigafactory will crank…
- 425bhp BMW X3 M to face Porsche Macan Turbo in hot SUV class – Autocar: Following the launch of the all-new X3, a pepped-up version has been spotted testing at the Nürburgring ahead of its 2017 launch
- Australia probes Uber recruitment as drivers seek employee status – Reuters: Australia’s workplace regulator on Wednesday said it is investigating U.S. ride-hailing firm Uber Technologies Inc [UBER.UL] over the way it recruits drivers, after a drivers group sought employee rather than subcontractor status.
- LeEco chairman says cash crunch ‘far worse than expected’ – Reuters: LeEco’s cash problems are “far worse than expected” and the funds raised in recent months are unexpectedly not enough to help the Chinese technology conglomerate ride out the crunch, its chairman, Jia Yueting, said on Wednesday.
- Rolls-Royce Drivers Are a Lot Younger Than You Think – Bloomberg: That’s lower than the average age of car buyers overall, which hovers … age of luxury car buyers, too, which is 50, according to data provided to by … The massive Rolls-Royce Phantom is the company’s stateliest vehicle.
- SAIC Set to Be First Chinese Automaker to Manufacture in India – Bloomberg: SAIC’s entry would make it the first Chinese carmaker to produce passenger cars in India, projected to become the third-largest vehicle market…
- SsangYong Motor to develop pure electric car by 2020 – Yonhap: SsangYong Motor Co. and its Indian parent Mahindra & Mahindra Ltd. will jointly develop a pure electric vehicle (EV) by…
- Jaguar’s 592-hp XE will be brand’s fastest road car – Automotive News: … range and as an advertisement for the skills of Jaguar Land Rover’s Special Vehicle Operations…
- Irish retail sales growth excluding cars hits one-year high – Reuters: … Excluding cars, “core” sales also expanded by 0.8 percent month-on-month but were 7.3 …
- New Toyota sales pioneer dives into Myanmar – Nikkei: NEZAS Holdings has become the first Toyota Motor-related sales company in Japan to make a foray into Myanmar, with plans to market the…
- Updated Maserati Granturismo revealed in New York with new styling – Autocar: Facelifted four-seat coupe gets tweaked Pininfarina design and improved interior technology
- Judge rules auto dealers’ challenge of Tesla can proceed – Washington Post: RICHMOND, Va. – The Virginia Automobile Dealers Association has legal standing to challenge a state Department of Motor Vehicles decision allowing Tesla to open a dealership. The Richmond Times-Dispatch reports that on Monday, Judge Gregory Rupe…
- UK Terror Attacks Weighing on Train Travel, Stagecoach Says – Bloomberg: Uncertainty about the future of the economy after last year’s Brexit vote and an increase in car journeys as fuel remains relatively cheap is also taking a…
- Hyundai, Kia cars win awards, named finalists in US design awards – Yonhap: Hyundai Motor Co. and its sister brand Kia Motors Corp. said Wednesday that four of their vehicle models have won…
- BRIEF-China’s SAIC Motor to launch wholly-owned factory in India in 2019 – Reuters: . June 28 SAIC Motor Corp Ltd says: * To enter India with wholly-owned car …
- Nissan’s premium brand Infiniti courts NBA’s Stephen Curry – Reuters: Golden State Warriors NBA basketball player Stephen Curry is filmed for an Infiniti car advertisement in Blackhawk, California, U.S. June 26, 2017.
- China to relax further curbs on foreign investment – Reuters: SS) for making electric cars. The measures come as President Xi Jinping seeks to project China as a world leader in fighting protectionism and …
- Lack of cooperation compounded Takata air bag disaster – Nikkei: In a statement Honda Motor issued on Friday regarding class action lawsuits over Takata’s defective air bags, the carmaker defended itself, saying it…
- PSA plans ‘hands off’ self-driving cars after 2020 – Automotive News: PSA tested a self-driving car in different conditions to see if the driver is able to take back control, even if he or she has moved the seat. The company…
- Rolls-Royce launches 593bhp Dawn Black Badge special edition – Autocar: This is the Rolls-Royce Dawn Black Badge Luxury marque to reveal customised version of convertible at the Goodwood Festival of Speed this weekend
- Aston Martin DB11 gets AMG V8 option – Autocar:
- Uber wins right to contest English tests for London drivers – Reuters: London’s transport regulator will delay the introduction of new English language requirements for private-hire drivers after Uber won the right to appeal against the plans, which could cost the ride-hailing service thousands of drivers.
- MEDIA-Auto companies reviewing hybrid plans on India’s higher tax levy – Times of India – Reuters: Jun 28The India FIMMDA-Thomson Mumbai Inter-bank Cash-Tom Offered Rate on Wednesday is 6.10 percent. The MITOR is the reference …
- Tesla gains on rivals in the great brand race – FT: Research from Kantar Millward Brown estimates that Tesla’s brand is now more valuable than more established marques such as Land Rover and…
- Micro EVs set to hit S. Korean market – Yonhap: Renault Samsung Motors Corp., the South Korean unit of French carmaker Renault S.A., and local smaller players are set to tap into the market for…
- As Uber Stumbles, Lyft Sees an Opening, and Bites Its Tongue – New York Times: John Zimmer, the co-founder and president of Lyft, wants you to know that he is not – I repeat, not – happy about the chaos that is enveloping Uber, his fiercest rival in the ride-sharing market. There will be no corks popped at Lyft’s San Francisco…
- New Aston Martin DB11 V8 on the way with AMG engine – Autocar: Aston Martin has created a new, V8-engined entry-level DB11 by using the first Mercedes-AMG engine to come from its technical collaboration.
- Why investors are suddenly gaga over America’s struggling rental car companies – Yahoo: That’s because tech companies, including Alphabet (GOOGL, GOOG) and Apple (AAPL), don’t have the full fleet of capabilities they need to scale in…
- Ford launches Bay Area ‘GoBike’ service – Detroitnews: The bikes and shuttles would work in tandem with connected vehicles, autonomous cars, electric vehicles, ride hailing services, bike-sharing and…
- Avis, Hertz get in self-driving car game – Detroitnews: The big technology companies may want into the self-driving vehicle … It’s the largest single cost for rental car companies, researcher Millman said.
- Self-driving car investments accelerate with $50m for Drive.ai – FT: Apple, which began testing in April, has permits for just three cars. Despite competing against some of the world’s richest companies, Mr Tandon said…