Top News:
- Musk’s Electric-Car Vision Doubted by Major Auto-Parts Suppliers – Bloomberg: Some of the world’s top auto-parts suppliers aren’t buying all the enthusiasm about the electric vehicles hyped by Tesla Inc.’s Elon Musk and larger carmakers trying to keep up. Executives at five of the 25 biggest suppliers to automakers in North …
- Range-topping 187bhp Audi Q2 2.0 TFSI quattro revealed – Autocar: 0-62mph comes in 6.5sec; it’s the hottest Q2 ahead of the forthcoming Mini Countryman JCW-rivalling SQ2
- Germany believes European Commission will propose electric cars quotas – Reuters: ) – Germany believes the European Commission will propose quotas for electric cars in it next review of measures to cut emissions, a spokesman for the German environment ministry said on Friday. The Commission said on Monday it had no …
- German authorities investigate diesel Ford Mondeo – Autocar: 2.0 TDCi Mondeo is being scrutinised to find cheat devices; Ford insists none has been used
- Nissan trial enables EV owners to earn cash feeding power grids – Automotive News: Trials in the country carried out by Nissan and Italy’s biggest utility Enel showed how batteries inside electric cars could help balance supply and…
- Canadian auto parts maker Magna posts 2.5 pct rise in sales – Reuters: Canadian auto parts maker Magna International Inc reported a 2.5 percent rise in quarterly sales, helped by higher demand.
- Electric car-sharing services challenge private ownership in Madrid – Automotive News: More than 100,000 customers have flocked to Emov, a new electric-car service in Madrid, in just five months. It’s catching up with Car2Go, which…
- Lotus profits soar in second half of last financial year – Autocar: Sixfold leap in US sales and 57% European growth help Lotus to impress new owner Geely
- China Data Dump and Alternative Gauges Both Signal Steady Output – Bloomberg: … pharmaceutical labs and new-energy car plants. Capital investment rebounded while labor input edged down, according to a report from data miner…
- Electric Cars Could Breach This Indian Fortress – Bloomberg: In the space of a few months, India’s dominant carmaker has seen off two of the world’s biggest automobile companies and tempted another into a…
- Elon Musk Reveals ‘Major Increases’ in Tesla Supercharger Network – Yahoo: Elon Musk announced a “major” upgrade to the Tesla supercharger network on Thursday, the high-powered chargers placed worldwide capable of bringing the company’s vehicles back to full charge in a matter of minutes. As the company prepares to…
- Cheap Electrics Swarm Madrid in Challenge to Conventional Cars – Bloomberg: In Madrid, the future of the auto industry is starting to take shape, and it’s clean, cheap and shared, reflecting the challenges looming over the conventional car. More than 100,000 customers flocked to Emov, a new electric-car service, in just five …
- SUVs will continue to dominate in Europe – Automotive News: … which will debut the Urus in December and start sales next year, Rolls-Royce, with an unnamed SUV that is due next year, and Aston Martin’s DBX…
- Parked Electric Cars Earn $1530 Feeding Power Grids in Europe – Bloomberg: Electric car owners are earning as much as $1,530 a year just by parking their vehicle and feeding excess power back into the grid. Trials in Denmark…
- Hong Kong Investors Rush for Exit in Biggest Stock Rout of 2017 – Bloomberg: Other outperformers this year also hit the brakes, with Geely Automobile Holdings Ltd. and AAC Technologies Holdings Inc. falling more than 2.5…
- China July vehicle sales up 6.2 pct y/y – industry association – Reuters: China’s overall vehicles sales grew 6.2 percent in July from a year earlier to 1.97 million vehicles, showing that the world’s …
- SAIC, GM ready Indonesian minivans to take on Japanese juggernauts – Nikkei: SAIC Motor and General Motors will roll out strategic compact minivans … Mitsubishi Motors said Thursday that it will release a strategic…
- Lack of ethical cobalt undermines Tesla debt issue – FT: In the 111-page draft prospectus of Tesla’s proposed $1.5bn senior note offering that came out this past week, the word “cobalt” appears only once.
- Ram claims highest-ever torque rating for a pickup – Freep: Fiat Chrysler is promising big things with its 2018 Ram 3500 Heavy Duty pickup. How about 930 pound-feet of torque, which the automaker says is the…
- Uber investor sues to force former CEO Kalanick off board – Reuters: Venture capital firm Benchmark Capital is suing former Uber Chief Executive Officer Travis Kalanick to force him off the board of the ride-services company and rescind his ability to fill three board seats, according to the lawsuit.
- Nvidia CEO Huang: Big Data, Self-Driven Cars, Gaming the ‘Big Vectors’ – Barrons: Nvidia’s chief executive, Jen-Hsun Huang, opines on the “big vectors” driving company results, namely Big Data, video gaming, and autonomous…
- Trump officials begin review of Obama emissions standards for cars – Washington Post: The review begins amid signs that car companies are moving toward greater … to compete with Tesla’s new line of more affordable electric vehicles.
- Search the Pipeline – Automotive News: Lynk & CO showed the production model of its debut crossover at the Shanghai auto show in April. U.S. sales are expected to begin in 2019. For tips…
- When It Comes to Transit, Does Anybody Know Where We’re Going? – New York Times: One morning, a few weeks ago, I ordered a car from Uber to take me from the Flushing Avenue side of the Brooklyn Navy Yard to the northern tip of Brooklyn Heights, a trip that, under ordinary circumstances, is about 11 minutes long. The B57 bus could …
- Judge in GM ignition switch suit reverses course on economic loss claims – Reuters: A federal judge in Manhattan has reconsidered his previous decision and allowed plaintiffs who sold their General Motors cars before a February …
- Nissan’s next Altima slips out – Automotive News: Nissan is planning a bit more elegance with the next-generation Altima, judging from spy photos snapped of the car in its final…
- Tesla bond generates interest from alternate market – Reuters: Electric-car pioneer Tesla is expected to price its debut unsecured junk bond on Friday, testing fixed-income investors’ appetite for …
- Nvidia’s data center, automotive miss overshadows profit beat – Reuters: Nvidia Corp reported lower-than-expected quarterly revenue in its fast-growing data center and automotive businesses, overshadowing a …
- Uber Investor Sues Travis Kalanick for Fraud – New York Times: A lawsuit filed against Travis Kalanick, Uber’s former chief executive, claimed that he failed to disclose a pattern of misbehavior and impropriety inside the company while he was its leader. Credit Wang K’aichicn/Visual China Group,via Getty Images.
- A Smartphone App to Relieve Your Car-Buying Agony – New York Times: That follows an equity investment by Daimler, parent of Mercedes-Benz, in February. AutoGravity started as a project within Daimler’s financing arm…
- The Diesel Scandal Haunts Bosch’s Hopes to Be a Global Giant – Bloomberg: The German auto supply king faces a cascade of new claims that it was at …. two feats of engineering that helped remake the diesel passenger car.
- New data shows just how crucial Americans are to Tesla’s success – CNBC: … That is well ahead of General Motors, which had 16 percent of the domestic…
- Suzuki shares race past Japanese rivals – Nikkei: Suzuki Motor shares are leaving bigger Japanese automakers in the dust, propelled by its independence from the flagging North American…
- Study: Ride-sharing could hit car ownership – Detroitnews: Ann Arbor – Car ownership would likely take a hit in areas that have thriving … “Our findings show that these ride-sourcing companies do change…
- This Is What People Say They’ll Do Instead of Driving in a Self-Driving Car – Fortune: A 2015 Acura automated test vehicle stops on its own for a person that …. Blue Book’s car-shopping website, conducted for News in July.
- Germany to inspect Ford Mondeo cars over emissions testing: WirtschaftsWoche – Reuters: Germany has ordered its road transport watchdog to look at whether Ford’s (F.N) mid-sized Mondeo model contains an illegal …