Top News:
- Dutch company buys into indiGO Auto Group – Automotive News: The group sells 11 luxury brands: Porsche, Audi, Jaguar, Land Rover, Rolls-Royce, Bentley, Aston Martin, Maserati, BMW, McLaren and Lamborghini.
- SAIC Motor takes over General Motors’ closed India plant – Nikkei: China’s largest carmaker, SAIC Motor, has chosen General Motors India’s abandoned manufacturing plant in the western state of Gujarat to…
- There’s Less To Tesla’s Big Australian Battery Deal Than Meets The Eye – Forbes: It should surprise no one to learn that Elon Musk, a master of promotion, is capturing worldwide media attention Friday for Tesla’s selection as the winning bidder for a project to install “the world’s largest grid-scale battery” in South Australia. It …
- Why You Should Sell Tesla On Week’s $9 Billion Plunge – Forbes: As explained, “The latest excess, of almost 3,700 vehicles, brings the cumulative total in that time to almost 11,700, the equivalent of almost…
- Volkswagen, Kuka cooperate on robots for electric, autonomous cars – Reuters: German carmaker Volkswagen and robot maker Kuka are expanding a cooperation to develop ways that robots can help drivers of electric and autonomous vehicles, Volkswagen said in a statement on Friday.
- Magna has plan B in case Slovenia auto investment falls through – Reuters: Car parts maker Magna International said it will invest elsewhere in Europe if Slovenia does not soon approve the first phase of a planned 1.2 billion euro ($1.4 bln) production site.
- China urges GM, Mercedes-Benz and Volkswagen to recall cars with faulty air bags – Reuters: China’s top quality watchdog has asked General Motors, Daimler’s Mercedes-Benz and Volkswagen to fulfill their obligations to recall vehicles in China affected by faulty Takata air bags, it said in a statement.
- Audi enters Formula E as factory team – Autocar: Audi has confirmed that it will field a factory team in next season’s Formula E … Audi is expected to retain Abt’s current driver pairing of Lucas di Grassi, … was linked to costcutting by Audi parent company, the Volkswagen Group, … Range Rover Sport SVR · Ariel Nomad · Porsche Macan · Jaguar XE…
- Munich prosecutors arrest Audi employee in emissions probe – Reuters: Munich prosecutors arrested an Audi employee on suspicion of fraud and false advertising in connection with the carmaker’s emissions scandal, the first arrest in Germany related to Volkswagen’s diesel scandal.
- German state premiers urge carmakers to address air pollution problem quickly – Reuters: The German auto industry hopes a plan under discussion with the government to reduce pollution from older diesel cars will avert planned bans in …
- Electric Cars Need More Than Fans – WSJ: Last year, the Organization of the Petroleum Exporting Countries conveniently predicted that in 2040, electric vehicles would make up just 6.7% of the…
- Geely’s sales volume increases 89% in the first half of year, adjusting its annual target to 1.1m units – Automotive News: Geely Auto released its sales volume on July 6th showing that Geely Auto sold 88,773 units in June with a year-on-year growth of 91%. Domestic…
- Ex-Audi Manager Arrested in Munich Is Said to Be Charged in US – Bloomberg: The former manager at Volkswagen AG’s Audi arrested by Munich prosecutors Monday is the same man who was charged by the U.S. Justice…
- Russia’s new auto sales rise 15 pct y/y in June – Reuters: Sales of new cars in Russia in June rose by 15 percent compared with June 2016 and reached 141,084, the Association ….
- Tesla Model 3 production starts today – Autocar: Production of all-electric saloon will reach 20,000 units per month from December
- Renault-Nissan partnership upbeat on savings – FT: The Renault-Nissan Alliance expects to continue squeezing savings from the tie-up between the two carmakers after revealing a 16 per cent increase…
- Elon Musk says Tesla is building the largest battery system in the world within 100 days – or it’s free – CNBC: Tesla is set to build the world’s largest lithium-ion battery storage project in South Australia. Billionaire founder Elon Musk said the project will be…
- Russia’s standards agency says Volkswagen to recall 2370 cars – Reuters: FILE PHOTO: A Volkswagen logo is pictured at the newly opened Volkswagen factory in Wrzesnia near Poznan, Poland September 9, 2016.
- Sweden’s Volvo sells stake in engine maker Deutz – Reuters: Volvo said in a statement that proceeds from the sale, which was carried out through a bookbuilding process, amounted to 1.9 billion Swedish crowns …
- Tesla to Install World’s Largest Lithium-Ion Battery in Australia. Also: Reactions to North Korea. – New York Times: The world’s largest lithium-ion battery will be installed in South Australia in an effort to bolster the state’s energy supply, Jay Weatherill, the premier, announced today. The energy-storage system will be delivered by Tesla and the French renewables …
- Beijing authorities investigating Baidu after CEO’s autonomous car stunt – CNBC: … The company is aiming to get its tech-savvy vehicles out on the roads by…
- Late to the Battery-Car Race, VW Says It Can Still Blunt Tesla – Bloomberg: Tesla has become the de-facto benchmark for established car producers from Daimler AG to BMW AG to VW seeking a larger slice of the electric-auto…
- Elon Musk announces Tesla’s plan to build world’s biggest lithium ion battery in South Australia … – Guardian: The billionaire founder of Tesla announces the building of the 129MWh battery to store renewable energy in South Australia, and confirms his pledge…
- Ferrari, Aston Martin, other supercar makers poised for big growth in Europe – Automotive News: Automakers such as Ferrari, Aston Martin and Bentley are poised to continue profiting from rising European demand for their high-priced supercars…
- Politics not economics propel electric car growth – FT: Ah, electric cars. Just imagine. Quieter cities, cleaner air and motorway service stations even more ghastly as bored drivers mooch about waiting for…
- Volvo seeks to match XC60’s magic – Automotive News: Volvo hopes that by making its new XC60 bigger, safer and more technologically advanced it will be able to surpass the success of the current model,…
- Chinese Internet Tycoon Resigns From Troubled Company – New York Times: The embattled internet tycoon behind struggling Chinese tech company LeEco has resigned from all his positions at the company’s publicly traded arm, the latest action in a stunning fall for one of the country’s most flamboyant tech icons. Jia Yueting …
- Australian state picks Tesla to provide grid-scale battery – Reuters: South Australian Premier Jay Weatherill (R) listens to Tesla Chief Executive Officer Elon Musk speak during an official ceremony in Adelaide, Australia …
- Tesla to Build World’s Biggest Lithium Ion Battery in Australia in 100 Days or It’s free – Barrons: Tesla founder Elon Musk was in the state capital of Adelaide to announce the details with premier Jay Weatherill. Here’s what Tesla had to say:.
- Former Audi Engine Manager Charged in Emissions Scandal – WSJ: A former engine-development manager at Audi was charged in the U.S. for his role in a wide-ranging emissions scandal at Volkswagen AG that has…
- BNEF Says 54% of New Car Sales by 2040 Will Be Electric – Bloomberg: A new report from New Energy Finance says that more than half of the cars sold in 2040 will be electric powered. New Energy…
- The environmental costs of satisfying the electric car boom – FT: Tesla Motors and now Volvo may have big plans to end the addiction of drivers to fossil fuels via electric vehicles, however the environmental footprint…
- GM, Mercedes, VW urged by China to recall vehicles with faulty Takata airbags – Automotive News: China’s top quality watchdog pressed GM, Mercedes-Benz and Volkswagen to fulfill their obligations to recall vehicles in China affected by faulty Takata airbags.
- Self-driving cars can learn from planes and trains – Detroitnews: Washington – Supporters and critics of self-driving cars agree there are lessons to be gained from automation in transportation sectors like aviation…
- Tesla April registrations drop in key California market – Reuters: Registrations of Tesla Inc vehicles in California, by far the largest market of the luxury electric car maker, fell 24 percent in April from a year ago, according to data from IHS Markit.
- Here’s One Flying Car You Can Buy Now – Forbes: Selling the Skycar prototype is Moller’s latest gambit to raise funds for another flying car design, the oddly UFO-shaped Neuera 200. The company’s…
- Focus on SUV and New Energy Vehicle Dongfeng Fengshen 3 to be listed – Automotive News: AX4 is equipped with the 1.4-liter turbocharged engine, which is independently researched and developed by Dongfeng, the maximum power is 103…
- Electric Cars Seen Dominating by 2040 – Bloomberg: The electric vehicle revolution is said to be accelerating faster than predicted a year ago. A report from New Energy Finance says more…
- New clutch allows hybrids to run manual gearboxes – Autocar: This is the new hybrid clutch system that opens the way for electrified cars to be offered with manual transmissions. Components firm Schaeffler says its P2 module could reduce hybrid fuel consumption by 20%
- Audi exec charged with fraud over polluting diesels – Detroitnews: A former Audi executive has been charged in federal court with conspiracy to defraud … Audi’s parent company, Volkswagen, has been under fire from U.S. … under Volkswagen’s main brand as well as the Audi and Porsche brands.
- Report: The Ford F-150 diesel engine comes from Jaguar-Land Rover – Egmcartech: An anonymous source within Jaguar-Land Rover (JLR) let on that the truck will receive a JLR-based diesel. It’s likely a descendant of the Lion V6…
- Tesla Loses ‘Most Valuable US Carmaker’ Crown As Stock Takes $12 Billion Hit – Forbes: That put Tesla behind General Motors, which had a $52.65 billion valuation on … The biggest hits to Tesla came in trading this week, with consecutive…
- Former Audi manager charged in US over emissions cheating case – FT: The US department of Justice said it has charged a former Audi manager in … Audi’s parent company, Volkswagen, pleaded guilty to three criminal counts in the … German prosecutors raided several Audi offices in March as part of a…
- 2017 Nissan Qashqai production begins in Sunderland – Autocar: A new range-topping trim, more aggressive front end design and semi-autonomous technology all feature in the refreshed Qashqai
- Toyota Just Tested Its New Robot With a Disabled War Veteran – Fortune: Toyota may be known for making cars, but it’s also working on robots-and not just the factory droids that help build its vehicles. The auto giant said…
- Ex-Audi manager faces U.S. charges over VW diesel emissions – Automotive News: Giovanni Pamio, an Italian citizen who worked as head of thermodynamics for Audi’s diesel engine development, is accused by U.S. officials of helping utilize illegal software designed to skirt emissions tests in thousands of vehicles.
- Billionaire LeEco Founder Jia Yueting Turns to Cars – Bloomberg: LeEco founder Jia Yueting resigned as chairman of his main listed company in favor of leading LeEco’s fledgling automobiles division. ‘s…
- Could the US Ever Ban Gas-Powered Cars Like France Wants to Do? – Fortune: The answer, experts say, is complicated. One problem is the country’s mixed attitude towards climate change. Some early adopters of electric vehicles…