Top News:
- Delphi, Transdev plan self-driving taxis in France – Automotive News: Delphi Automotive plans to introduce a fleet of self-driving vehicles to provide commercial taxi service in Normandy and suburban Paris.
- Delphi, Transdev to develop self-driving shuttle service in Europe – Reuters: Delphi Automotive PLC will partner with Paris-based Transdev Group, a public transport service controlled by the French government, to develop an automated on-demand shuttle service in Europe, the companies said on Wednesday.
- Bosch, TomTom developing high-res mapping system – Automotive News: Robert Bosch and mapmaker TomTom are developing a high-resolution mapping system using the supplier’s radar sensors.
- Number of electric vehicles on roads reaches two million: IEA – Reuters: LONDON The number of electric vehicles on roads worldwide rose to a record high of 2 million last year, but has a long way to go to reach levels needed to help limit an increase in global temperatures, the International Energy Agency (IEA) said on …
- Early Tesla Model 3 models will have limited configuration options – Automotive News: Buyers of Tesla Inc’s upcoming Model 3 car will only get two choices in configuration, a policy that will let the company quickly ramp up production of its mass-market vehicle, CEO Elon Musk told investors.
- Electric Car Sales Are Surging, IEA Reports – Bloomberg: The number of electric vehicles on the road rocketed to 2 million in 2016 after being … according to the Global EV Outlook 2017 report from the Paris-based IEA. … A multi government program called the Electric Vehicle Initiative on…
- Aston Martin Valkyrie – Ricardo to supply gearboxes for 900bhp hypercar – Autocar: The Valkyrie, which was co-developed with the Red Bull F1 team, will make production next year in 175 units
- BRIEF-Mercedes-Benz sales up 13.5 pct in May to 193741 cars – Reuters: BRIEF-Mercedes-Benz sales up 13.5 pct in May to 193,741 cars … is the news and media division of Thomson . Thomson is …
- Tesla Model Y – first image shows no door mirrors and aggressive design – Autocar: The first preview of the Model Y Electric car maker’s next model will have a stronger design than its siblings, if the bonnet lines on this first image are anything to go by
- Exclusive: Renault-Nissan seeks Ghosn heir to drive integration – sources – Reuters: Renault-Nissan boss Carlos Ghosn is recruiting a new operational second-in-command for the carmaking alliance, company sources told , in a move designed to prepare his own succession and advance the companies’ integration.
- Peugeot chief: No new performance cars ‘until we’re truly global’ – Autocar: The Peugeot 308 Hybrid R has only been produced in prototype form CEO Jean-Philippe Imparato rules out launching the 308 Hybrid R and replacing the RCZ until sales outside Europe surge
- Ford offering new China price discounts, as sales fall in May – Reuters: REUTERS/Tyrone Siu/File Photo … Sales in May fell to 87,733 vehicles, while they fell 11 percent to 436,961 in the January-May period, the U.S. …
- Hyundai US sales chief quits in management shake-up amid poor sales – Reuters: Hyundai U.S. sales chief quits in management shake-up amid poor sales … Hyundai also replaced its sales chief in South Korea and its China head …
- Volkswagen returns to hybrid bond market – FT: Volkswagen began marketing a hybrid bond on Wednesday, in the German carmaker’s first attempt to issue the riskier class of debt since its emissions…
- Geely’s sales volume increases 67% in May, accomplishing 44% of annual target – Automotive News: Geely Auto released its sales data showing that its sales volume reaches 76,546 units in May and increases 67% with the same period of last year.
- Ad agency sues Chinese tech giant LeEco for missed payments – FT: The case is the latest indication that the ambitions of the Chinese group – which once aimed to conquer the US consumer electronics market by offering TVs and phones at discount prices as well as electric cars and other products – have surpassed its…
- VW’s Audi strategy hits a wall in China – Nikkei: So last November, it signed a memorandum of understanding with Shanghai-based SAIC Motor on establishing a new joint production and sales…
- Volkswagen begins marketing dual-tranche euro hybrid bond – Reuters: Volkswagen has opened books on a dual-tranche euro hybrid bond, according to a lead. The German carmaker has begun …
- Geely Spends 30 Billion Yuan Building Xi’an Base – Automotive News: Recently, Geely Group announced the acquisition of Proton Motor’s 49.9% stake, showing its determination to enter the Southeast Asian market.
- BRIEF-Jaguar Land Rover overall retail sales up 1.2 pct in May – Reuters: DHAKA, June 6 Bangladesh’s exports rose nearly 1.4 percent in May from a year earlier to $3.07 billion, which was 8.5 percent below the target, the …
- The Rising Stakes for Tesla in China – WSJ: China has become a big part of Tesla, even if Elon Musk hasn’t said much about it. The electric-car maker is in many ways out of sync with its peers in the world’s largest electric-car market. Unlike GM, Volkswagen and Ford, it doesn’t have a local …
- Jim Chanos: What’s Up With Politics, Health Care, China and Tesla – Barrons: When he’ll throw in the towel on his Tesla short. The company would have to actually start making money selling products… We think it will be burning close to $750 million to a $1 billion a quarter for the next handful of quarters. They have not …
- Tesla to limit color, wheel size on early Model 3 sales – Automotive News: SAN FRANCISCO — Buyers of Tesla Inc.’s Model 3 will get to choose between just two colors and two wheel sizes under a configuration policy that will let the company quickly ramp up production of the mass-market electric vehicle, CEO Elon Musk told…
- Tesla CEO Elon Musk Signals New Factory for Model Y SUV – WSJ: Tesla Inc. hasn’t yet rolled out its new Model 3 sedan, but Chief Executive Elon Musk is already talking about plans to build a new factory for the electric-car maker’s next sport-utility vehicle, the Model Y. “There’s just no room at Fremont,” Mr …
- Silicon Valley’s shuttle bus company joins self-driving race – CNBC: Alphabet subsidiary Waymo has been piloting self-driving cars for the past few years, and BuzzFeed reported last week that it’s also started testing a…
- Uber fires 20 employees after harassment probe – Reuters: Uber Technologies Inc [UBER.UL] said on Tuesday it fired 20 employees and was improving management training following an investigation by a law firm into sexual harassment allegations and other claims at the ride-hailing company.
- Chanos Says Tesla Has Big Test Ahead in Model 3 – Bloomberg: )…
- US Congress plans self-driving car legislation to speed rollout – Reuters: U.S. Congress plans self-driving car legislation to speed rollout … Thune and Walden spoke to on Tuesday after getting a ride in a self-driving …
- Tesla director terms remain 3 years – Detroitnews: Tesla Inc.’s directors will continue to face election every three years, after investors rejected a bid by pension funds for the board led by Elon Musk to be subject to annual votes. The electric-car maker entered its annual meeting Tuesday against …
- Elon Musk just gave a whole bunch of information about the Tesla semi truck and Model Y – CNBC: Elon Musk, CEO of Tesla and chairman of SolarCity, attends the Allen & Company Sun Valley Conference on July 8, 2015 in Sun Valley, Idaho.
- GM and Tesla Shareholders Rebuff Dissidents’ Proposals – New York Times: DETROIT – General Motors and Tesla are automakers of different vintages but increasingly mutual aspirations. They found another bit of common…
- Uber to share some findings of harassment probe Tuesday -source – Reuters: Uber Technologies Inc 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.
- 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.
