Top News:
- Will Tesla Own the Electric Truck Market Too? – Barrons: That Tesla (TSLA) is pointing a way forward for electric cars is well known and accepted, even if you wouldn’t consider buying its shares. But Tesla’s ability to expand into the truck market has been given less credence–and that could be a mistake …
- GM’s Canada vehicle sales rise 28.5 percent in August – Reuters: General Motors Co said on Tuesday its vehicle sales in Canada rose 28.5 percent in August from a year ago, the eighth straight monthly increase.
- Elon Musk’s hyperloop idea is not realistic ‘right now,’ says Amtrak’s co-CEO – CNBC: Amtrak’s Richard Anderson says he does not see the futuristic hyperloop overtaking traditional rail travel and transport anytime soon.
- BRIEF-Volkswagen and IBM develop digital mobility services together?? – Reuters: * VOLKSWAGEN AND IBM DEVELOP DIGITAL MOBILITY SERVICES TOGETHER??
- Brazil plans to unveil new rules for car subsidies -report – Reuters: Brazil plans to unveil new rules for subsidies to automobile manufacturers by Oct. 3 after its original program was reproached by the World Trade Organization last month, Valor Econômico said on Tuesday.
- Porsche poised for F1 return as engine supplier – Autocar: Comments from senior executive Lutz Meschke suggest German brand will return to F1 in 2021
- Exclusive: EPA eyes limits for agricultural chemical linked to crop damage – Reuters: The U.S. environmental agency is considering banning sprayings of the agricultural herbicide dicamba after a set deadline next year, according to state officials advising the agency on its response to crop damage linked to the weed killer.
- Russia informed of recall of 7,670 Volkswagen cars: standards agency – Reuters: Russia’s standards agency said on Tuesday it had been informed of a recall of 7,670 cars of Volkswagen NFZ Multivan T5 and T6 models by Volkswagen Group sold between 2014 and 2016.
- Volkswagen Is Deaf to Ferrari’s Roar – Bloomberg: For a company the size of Volkswagen AG (more than 10 million vehicles sold each year and 625,000 employees), motorbike maker Ducati (55,000…
- 2018 Aston Martin Vantage sighting shows clear DB10 influence – Autocar: New images show next-generation, almost-production-ready Aston ahead of V8 launch
- Polish new car registrations jump 16.4 pct in August – Reuters: … produced by Skoda, the Czech subsidiary of Volkswagen, followed by the Opel Astra, produced by Germany’s Opel AG, and the Volkswagen Golf.
- Exclusive – Under pressure, Hyundai clashes with China partner over suppliers: sources – Reuters: Hyundai Motor Co is at loggerheads with its Chinese partner over efforts to cut supplier costs, as they grapple with cut-throat competition and the impact of a stand-off between Beijing and Seoul, four people familiar with the dispute said.
- Western Europe car sales lifted by Club Med states – LMC – Reuters: Western European car sales rose 4.9 percent in August, lifted by strong demand in France, Italy and Spain, according to …
- A Vintage Car Guru Releases an Engine-Inspired Watch – Bloomberg: “I wanted to make something that carried over exactly what I do with the cars,” Ward said after the debut in New York. “It took so many years to get it…
- Next Suzuki Jimny spotted testing in run-up to Tokyo reveal – Autocar: Next-gen SUV gets more rugged styling and upmarket interior; test car sighting follows leaked images
- Mercedes-Benz GLC Fuel Cell to enter production following Frankfurt debut – Autocar: Mercedes-Benz to debut fuel cell technology at Frankfurt Motor Show; it will go into production in 2018 as the brand’s first series fuel cell car
- Hyundai hit again by supply disruption in China, one plant halted – Reuters: South Korea’s Hyundai Motor said it had suspended production at one of its China factories on Tuesday after a supplier refused to provide parts due to delays in payment – its second such incident in as many weeks.
- Merkel Says Diesel Needed as Bridge Technology to Electric Cars – Bloomberg: Chancellor Angela Merkel renewed her pledge to avoid diesel driving bans, arguing the technology will be needed for decades to come to reduce…
- Toyota chairman: Battery technology must evolve before widespread electric vehicle adoption – CNBC: Forecasts about electric vehicles aren’t taking customer convenience into account, says Takeshi Uchiyamada.
- Alfa Romeo Has Finally Arrived in America – Bloomberg: August was the third consecutive month in which Fiat-Chrysler’s Alfa Romeo sold more than 1,000 vehicles in the U.S., a modest feat that the marque…
- August UK diesel car registrations slump ahead of ’67’ plate switchover – Autocar: August is typically a quieter month due to the change, but last month’s registrations were the lowest in three years
- Flying taxi startup Lilium raises $90 mln from Tencent, others – Reuters: Lilium, a German start-up with Silicon … develop new types of electric-powered flying vehicles, dubbed flying cars, …
- UK car sales fall again in August – Reuters: British new car sales fell for the fifth month in a row in August, the longest run of declines since 2011, a car industry body said on …
- UK Economy Held Back as Services Weaken, Consumers Struggle – Bloomberg: … reinforced that picture, with Barclaycard say that spending growth slowed in August, while the automobile industry reported a fifth drop in car sales.
- Merkel urges automakers to develop cleaner cars more quickly – Reuters: Chancellor Angela Merkel said on Tuesday Germany should do all it can to avoid a ban on diesel vehicles in cities, adding that …
- Ford recruits industry veteran Vignon as France head – Automotive News: Vignon, 50, returns to Ford after stints working for General Motors, Volkswagen Group, Fiat Chrysler Automobiles and latterly for insurance company…
- New Ford Ecosport launched with European focus – Autocar: Latest variant of Blue Oval’s SUV has been upgraded with a focus on the European market
- Honda CR-V hybrid leads new line-up for VW Tiguan rival – Autocar: Honda is launching a hybrid variant of its CR-V for the first time; it is also ditching diesel from the range
- Can Flying Taxis Work? Tencent Invests in German Aviation Startup Lilium To Find Out – Fortune: The Munich-based firm showed off a smaller prototype of its electric vertical take-off and landing (eVTOL) vehicle earlier this year, demonstrating how…
- Air Taxi Startup Lilium Raises $90 Million For Electric Mini-Jet Service – Forbes: Self-driving cars and Hyperloop trains that shoot passengers through vacuum tubes at 700 miles per hour aren’t the only next-generation…
- Markets await UK services report and car sales after China picks up – business live – Guardian: Markets await UK services report and car sales after China picks up … The Group now prepares to reset the company to deliver on its long-term…
- UK car sales fall by around 6 to 7 percent in August – preliminary data – Reuters: British new car sales fell by between 6 and 7 percent year-on-year in August, according to preliminary data released by an industry body on Tuesday.
- GM August China vehicle sales up 12 percent year on year – Reuters: General Motors Co’s vehicle sales in China rose 12 percent in August from a year earlier to 328,425 units, following a 6.3 percent increase in July, the Detroit-based automaker said on Tuesday.
- Aston Martin Going 100% Hybrid – Detroit Bureau: Best known for sleek sports cars like the new DB11, Aston Martin is plugging into alternative power, the British brand’s CEO telling…
- confidential: Hyundai Kona, Nissan Qashqai, autonomous BMWs, electric Audis – Autocar: The Hyundai Kona is the marque’s ‘halo model’ Our reporters empty their notebooks to round up this week’s gossip from across the automotive industry
- INTERVIEW-Electric cars and renewables not enough to meet Paris climate goal – consultant – Reuters: The cost of electric vehicles (EVs) will fall to match those running on combustion engines by 2022, …
- Middle class bearing Tesla subsidy – Detroitnews: Despite the federal government having provided a $465 million low-interest loan for Tesla to develop a cheap electric vehicle in 2009 and the billions of dollars in tax credits given to buyers, Tesla has continued to turn out $110,000 luxury cars …
- Lilium, a Flying Car Start-up, Raises $90 Million – New York Times: Lilium is among several companies looking to usher in an era of Jetsons-type flying cars, including those backed by the Google co-founder Larry Page…
- Hyundai’s China Woes Continue as Plant Shut Again on Vendor Row – Bloomberg: Hyundai Motor Co. halted production at a plant in China Tuesday after a supplier stopped delivery of parts for air-intake systems, suspending…
- Report on Mexican attorney general’s Ferrari drives corruption debate – Reuters: A report that Mexico’s attorney general owns a … The report said neighbors had never seen fancy cars on their street and …
- Anti-Uber protests disrupt major Chilean airport; one dead – Reuters: Taxi drivers protesting the growth of mobile ride hailing applications such as Uber and Cabify blocked the main road to Chile’s principal airport in capital Santiago on Monday, leading to one death and wreaking havoc on travelers’ plans.
- Hyundai’s China production interrupted again over supplier disputes – FT: Production at one of Hyundai Motor’s factories in China was suspended on Tuesday after a dispute with a supplier, just a week after a major…
- Hyundai Motor Hit Again by Supply Disruption in China – New York Times: SEOUL – Hyundai Motor said it had suspended production at one of its China factories on Tuesday after a supplier refused to provide parts due to…
- Hyundai Motor suspends output at a China factory due to supply disruption – Reuters: Hyundai Motor said on Tuesday it had suspended production at one of its China factories due to a supply disruption.
- Fiat Chrysler Beats Tesla – Forbes: Traditional automobile maker Fiat Chrysler is beating modern electric car maker Tesla, on Wall Street. Fiat Chrysler’s shares have gained 114.37…
- Mercedes’ re-engineered S-class coupe, convertible go on sale in 2018 – Automotive News: Mercedes-Benz will launch a re-engineered S-class coupe and convertible next year with new engines and exterior and interior styling changes.
- German car sales hit eight-year high in August – Reuters: New car registrations in Germany rose to the highest … (Reporting by Jan Schwartz and Andreas Cremer; Editing by David …
- Merkel backs class-action lawsuits for diesel car owners – Reuters: Chancellor Angela Merkel’s support for … ($1 = 0.8406 euros) (Reporting by Andreas Cremer; Additional reporting by …
- Mercedes-Benz’s London Ride-Sharing Plan Is a Challenge to Uber – Bloomberg: Offering rides in specially customized Mercedes Vito and V-Class vans will boost Daimler’s suite of services beyond selling vehicles, in addition to its…
- Hyundai names new China boss after supplier disputes, sales slide – Automotive News: Hyundai Motor appointed a new chief for its China … Hyundai’s joint venture with BAIC Motor in China has five factories, of which one…