Top News:
- Ferrari unveils its new entry-level model: the Portofino – Reuters: Italian luxury sportscar maker Ferrari on Wednesday unveiled the Ferrari Portofino, its new entry level model that will replace the California.
- New Ferrari Portofino revealed as California T replacement – Autocar: The Ferrari Portofino replaces the California T First pictures of new Ferrari Portofino convertible revealed ahead of Frankfurt motor show
- Automated safety systems are preventing car crashes – Detroitnews: The lane-keeping study looked at police crash data from 25 states between 2009 and 2015
- Audi seeks to increase EV range with solar-embedded panoramic roofs – Automotive News: Audi plans to launch three battery-electric models by 2020 and aims to cover one third of its vehicle sales with fully electric drivetrains by 2025.
- Apple puts brakes on self-driving car project, report says – Guardian: The Apple car is no more, according to reports, as company switches to developing technology for others’ vehicles. Photograph: Mario Anzuoni/…
- True price of an Uber ride in question as investors assess firm’s value – Reuters: What is the true cost of an Uber ride?
- 2018 Nissan Leaf – latest on 148bhp electric hatchback and its e-Pedal – Autocar: Nissan’s latest preview picture shows the car’s rear light design New car will have more power and a bigger battery; Leaf is confirmed to be available with Nissan’s ProPilot semi-autonomous driving system
- LG Electronics surges on planned electric car parts plant in US – Nikkei: The electronics giant supplies batteries and other parts for electric vehicles to U.S. carmakers General Motors and Tesla Motors. It decided to build the…
- Merkel Aide Says Germany Has ‘Vital Interest’ in Diesel Survival – Bloomberg: Car bosses and government officials reached a compromise deal earlier this month to lower pollution that calls for software updates on million of…
- Apple Will Test its Autonomous Vehicle Technology in its Campus Shuttle – Fortune: Apple will test its autonomous vehicle technology in a shuttle that transports the company’s employees between buildings on its campus, according to…
- Audi E-tron – new pics of electric SUV in near-production guise – Autocar: Engineers are analysing traction control systems for the brand’s first electric SUV, due on sale next year with a 310-mile range
- Hunt for Next Electric-Car Commodity Accelerates as Prices Soar – Bloomberg: Development agency Corfo met with companies including Samsung SDI and Umicore SA in Europe during a recent roadshow on lithium, another key component of electric-car batteries. Some made inquiries about Chilean cobalt, Eduardo Bitran, executive…
- Foxconn’s grand plans for EVs pivot from China to US – Nikkei: … which are thought to include manufacturing engine covers and other parts for electric cars made by Tesla Motors — could get a big boost. Hon Hai…
- For Jeep’s Chinese suitor, it’s ‘complicated’ – CNBC: Some guys have all the luck. Fiat Chrysler boss Sergio Marchionne has not been one of them. Ever since General Motors rebuffed a merger attempt…
- China automaker Chery won’t take M&A route for planned overseas growth: CEO – Reuters: Chinese state-owned Chery Automobile Co aims to rely only on organic means to grow its international sales, its CEO said, underlining a strategy that is different from its private sector rivals who have either made or are considering acquisitions.
- VW, Mercedes, Renault agree deal with Austria to update software of 600000 diesel cars – Automotive News: Austria’s Transport Minister Joerg Leichtfried said he had agreed with carmakers to update the software of 600,000 diesel cars to reduce…
- Audi to develop solar-embedded panoramic roof with China’s Hanergy – Reuters: HK) to integrate solar cells into panoramic glass roofs for an upcoming Audi electric vehicle (EV). Alta Devices, a unit of the Chinese solar cell firm …
- Apple Scales Back Its Ambitions for a Self-Driving Car – New York Times: These days, Apple’s automotive ambitions are more modest. The company has put off any notion of an Apple-branded autonomous vehicle and is…
- Hanergy to Partner With Audi to Put Solar Cells on Car Roofs – Bloomberg: The companies plan to present a vehicle prototype from Audi with a solar roof by the end of the year. Eventually, the companies plan to use solar…
- Buffett-Backed BYD Wins First Overseas Contract for Monorail – Bloomberg: already China’s biggest electric-car manufacturer — has supplied battery-powered buses for cities overseas, in markets including the U.S. and…
- Mutual funds mark down investments in Uber by as much as 15 percent – Reuters: Four mutual fund companies have marked down their investments in Uber Technologies Inc by as much as 15 percent following a scandal-ridden year for the ride-hailing company.
- Detroit’s Big 3, Japan diverge on small cars – Detroitnews: As US market makes fundamental shift from SUVs to sedans, Detroit and Japan diverge on future of small cars
- This Is What It Really Costs to Own a Car – Fortune: This year, AAA added an electric vehicle category. And while electric vehicles came in lower than average driving cost of $8,439, they still were…
- New report shows how many accidents, injuries collision avoidance systems prevent – CNBC: One study focused on trucking fleets in the U.S., the other on Volvo cars in Sweden. They found lane departure warning systems cut crash rates by…
- Thai July auto sales rise 7.5 pct y/y – federation – Reuters: Data published by the Federation of Thai Industries (FTI): KEY DATA Thai monthly car and truck sales: Change y/y pct …
- Hyundai will build the Santa Cruz pickup? Wake me when they sell 100000 – Freep: This means the Korean automaker will make a production version of the “crossover truck” concept it first revealed at the Detroit auto show in January…
- LG Electronics to Build Factory for Electric Car Parts in Michigan – WSJ: The South Korean company will spend about $25 million to build a factory for electric car parts in a Detroit suburb.
- Ford, Zoite team up to get piece of China EV future – Nikkei: Ford Motor and Chinese automaker Anhui Zotye Automobile aim to form an electric-car joint venture, spying opportunities in a nation…
- Ford, China’s Zotye Auto plan JV to build electric vehicles – Reuters: Ford Motor is exploring setting up a joint venture with Chinese firm Anhui Zotye Automobile Co to build electric passenger vehicles in China under a new brand, tapping into a boom for such vehicles in the world’s top auto market.
- Hyundai will launch pickup, more SUVs to reverse U.S. sales slide – Reuters: * Hyundai planning to launch 4 new or redesigned SUVs in U.S. by 2020 (Adds timing of the launch of pickup truck)
- Apple plans self-drive shuttle to ferry Silicon Valley staff – FT: The scheme, which has not yet gone into production, would see Apple teaming up with a traditional automotive manufacturer to build a small bus that…
- Tesla workers worry about safety with Model 3 ramp up – Detroitnews: The lead-up to Tesla’s Model X brought mandatory overtime and an 11% jump in worker time missed due to injury
- Fiat Chrysler Is at a Crossroads. It’s Looking to China for a Solution. – New York Times: A Fiat Chrysler dealership in Shelbyville, Ky. The company has been in talks with Chinese companies about possible equity investments or other…
- Pebble Beach Monterey Auctions Top $327 Million – Forbes: Chock full of 1950s and ’60s Ferraris and topped with a record-setting Aston Martin DBR1, RM’s top ten cars totaled just over $64 million. RM claimed..
- Ford explores electric-car partnership with Chinese automaker – Freep: Ford Motor and a Chinese automaker said Tuesday they are looking into setting up a joint venture to develop and manufacture electric cars in China in…
- Hyundai Set to Bring First Pickup to Market by 2021 – Detroit Bureau: Hyundai has reconfirmed plans to put into production a version of the wildly popular Santa Cruz concept truck that was unveiled at the North American…
- Ex-UAW official freed on bond in auto industry scandal – Detroitnews: High-ranking leaders of Fiat Chrysler and the UAW conspired to raid a multimillion fund created for training blue-collar workers, prosecutors allege.
- Chevy’s Ford Edge, Nissan Murano rival takes shape – Automotive News: The Blazer is expected to compete directly with the Murano and Ford Edge and could possibly offer a third row of seating — a feature that would set it…