Top News:
- German politicians, industry agree diesel rescue plan: sources – Reuters: Auto industry officials and politicians in Germany have agreed to clean up diesel vehicles through software updates as part of a …
- Geely establishes a joint-venture company with Volvo, and Volvo will buy in LYNK&CO – Automotive News: Volvo will sign a memorandum with its parent company Geely Auto to establish a joint-venture company with both sides…
- Ford announces Amko Leenarts as European design director – Autocar: Car maker’s interior design boss steps up to replace Joel Piaskowski
- Honda Clarity FCV – Autocar: Honda’s fuel cell flagship reaches its second generation, but is the world ready? Labelling its first hydrogen fuel cell car – the first such car made available to members of the public, no less – ‘Clarity’ in 2008 ranks among Honda’s bolder recent decisions.Doubtless, it was plucked from the marketing ether to echo the remarkable truth of the clear, semi-clean water trickling from the model’s tailpipe; because the alternative intimation is surely a reference to the brand’s strategic foresight,
- How Tata’s New Chairman Plans to Fix India’s Biggest Company – Fortune: The group’s star performers are TCS and Jaguar Land Rover. During Chandra’s tenure, TCS-which derives 94% of its revenue from work for clients…
- Audi to recall 850,000 diesel cars to update emissions software – Reuters: Luxury car maker Audi has launched a recall for up to 850,000 diesel-fueled cars to update vehicle software controlling emissions in a bid to avoid potential driving bans, it said on Friday.
- Jaguar Land Rover opens first overseas engine plant – Reuters: Jaguar Land Rover opened its first overseas engine plant on Friday, picking China for the investment a week after saying it would build a global model entirely outside Britain for the first time.
- Geely’s Rally Is Running Out of Road – WSJ: Geely Automobile, one of China’s most prominent auto makers, has been the gift that kept on giving for investors, with its shares up nearly threefold in…
- LeEco’s listed company names investor Sunac’s Sun chairman – Reuters: Leshi Internet Information & Technology, embattled Chinese tech group LeEco’s main listed entity, said Sun Hongbin from investor Sunac China would take over as chairman from founder Jia Yueting.
- Elon Musk excites followers with Boring tweets – FT: Elon Musk is recruiting his army of millions of Twitter followers and Tesla aficionados to help him lobby for an audacious new superfast underground train system that would connect New York to Washington DC in less than half an hour. After Mr Musk …
- Jaguar Land Rover opens first engine plant outside UK in China – FT: JLR has a joint venture in China with Chery Automotive, through which it runs a car plant that has made 100,000 vehicles since opening three years…
- Car parts maker Valeo’s shares slide on narrow earnings miss – Reuters: Valeo shares tumbled on Friday after the French auto parts maker reported first-half sales and earnings that fell short of market expectations, despite a strong order book.
- Ashok Leyland first-quarter profit falls about 62 percent – Reuters: Ashok Leyland Ltd posted a sharper-than-expected 61.7 percent fall in quarterly profit on Friday as the commercial vehicle manufacturer recorded an exchange loss on swap contracts.
- Valeo profit up 20 pct on LED lights, thermal systems – CNBC: Under Aschenbroich, Paris-based Valeo is positioned to benefit from a widespread regulatory emissions crackdown thanks to its push into electric-car…
- The electric trams shuttling car parts and groceries around European cities – Guardian: …. And trams are more likely to get people out of their car than buses.
- Ford overhauls design with 2 key teams – Automotive News: The changes expand Ford’s strategic design group to enable designers to work more collaboratively at a centralized location in Dearborn, Mich.
- Mercedes-Benz takes luxury to construction site with first pick-up – Guardian: Germany, Chairman of the Board of Daimler AG, and head of Mercedes-Benz Cars, Dieter Zetsche, said: “The segment for mid-size pickups is ripe for…
- How BMW And Parkmobile Are Using Big Data And IoT To Change The Way We Park Our Cars – Forbes: Learning to live with, let alone prosper from, the widespread changes being brought about by technology, sometimes requires changes in behavior on…
- Technology that aims to prevent the car text crash – FT: “We think this is going to be a real important step in safety in the car.” … The company sells its technology to big businesses, which then impose it on…
- China’s Overextended Consumers Can’t Stop Adding Debt – Bloomberg: Auto sales are suffering as a result of rising household debt. … Even the less cyclical high-end segment — German luxury cars, for example — has…
- Can electricity give the Bugatti Chiron an extra edge? – Autocar: “Electrification will happen” according to Bugatti boss, and it’s set to improve performance past its current record-breaking capabilities
- Honda salutes “dream makers” with awesome new ad – Autocar: Honda are pretty good at making commercials, and the latest entry into their impressive range shows a Civic Type R squaring off against a robot…
- A loser when launched, classic Ford Edsels back to enjoy 60th birthday and belated love – Freep: The car – named after Edsel Ford, only child of the car company’s founder – became synonymous with commercial failure. “It was kind of like coming…
- Musk touts approval of New York-Washington ‘hyperloop’ – Reuters: FILE PHOTO : Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the International Space Station Research and Development Conference in Washington, U.S. on July 19, 2017.Aaron P. Bernstein/File Photo.
- Elon Musk: I got ‘government approval’ for New York-DC Hyperloop. Officials: no he didn’t – Guardian: The Tesla executive took to Twitter this morning to tantalize his legion of fans and the tech press with the “news” that he had “just received verbal govt approval for The Boring Company to build an underground NY-Phil-Balt-DC Hyperloop. NY-DC in 29 …