- Enphase Energy names former Tesla executive as CFO – Reuters: Solar inverter maker Enphase Energy on Monday named former Tesla Inc executive Eric Branderiz as its Chief Financial Officer.
- Elon Musk faces votes at Tuesday’s shareholder meeting that will challenge his grip on Tesla – CNBC: Tesla Chief Executive Elon Musk faces votes at Tuesday’s shareholder meeting that will challenge his grip on the electric carmaker.
- GM executive Mark Reuss crashes pace car at Detroit Grand Prix – CBS News: Mark Reuss, an executive for General Motors, was driving the pace car … He also created and led the GM Performance Division in 2001, when he was …
- Fly Me to the Moon, but Not This Year: SpaceX Delays Tourism Plans – Fortune: Elon Musk’s SpaceX announced back in February last year that, in late 2018, it would fly two paying space tourists around the Moon and back to Earth.
- Tesla’s Musk laments Singapore electric vehicle stance – Reuters: Elon Musk, chief executive of U.S. electric vehicle (EV) maker Tesla Inc, defended his view that Singapore was not supportive of EV ownership after a commentary in the city-state’s biggest newspaper criticized the billionaire’s social media post.
- Analysis: Big Tesla investors look like firewall for Elon Musk – Reuters: Tesla Inc Chief Executive Elon Musk faces votes at Tuesday’s shareholder meeting that will challenge his grip on the electric carmaker, but he may be able to count on some powerful friends: big fund managers likely to be fans.
- Lexus RX L: new seven-seat SUV prices unveiled – Autocar: Third row of seating added to the largest Lexus SUV sold in Europe; it lands alongside the larger LX 570 two-row. Starts from £50,995 A larger, seven-seat version of the Lexus RX named RX L has gone on sale in the UK, priced from £50,995. The…
- Big Tesla investors look like firewall for Elon Musk – Reuters: Big Tesla investors look like firewall for Elon Musk … (Reuters) – Tesla Inc (TSLA.O) Chief … The investor compared Musk to Apple Inc (AAPL.
- Tesla Is Rejected by One Class of Investors Who Should Love It – Bloomberg: If there’s any company that socially responsible investors should love, it would probably be Elon Musk’s Tesla, the clean-energy electric-car maker.
- Lotus boss Jean-Marc Gales departs the car maker – Autocar:
- Morning Brief: Trump and US allies to showdown on trade – Yahoo: GM’s rebuilt finance arm may be a profit driver: General Motors Co. (GM) is counting on a profit boost from an unlikely source: its in-house lending arm.
- Exclusive: Lotus boss Jean-Marc Gales departs the car maker – Autocar: Gales joined Lotus in 2014 and was previously a member of the managing board of PSA Gales will head up classic car restorer JD Classics and is replaced by existing Lotus board member Quingfeng Feng Jean-Marc Gales has abruptly left his position as CEO…
- The 13 most expensive cars ever sold – Autocar: Ferrari 250 GTO Classic cars can sell at auction for more than $30 million these days. Here are the 12 priciest cars sold, at auction and otherwise, to date When talking about the world”s most expensive cars, it”s easy to think the numbers run out…
- Sergio’s survival guide for FCA – Automotive News: As fragile as Fiat Chrysler Automobiles has appeared to be in recent years, on Friday the company laid out a determined and doable strategy for the …
- The latest weak attacks on EVs and solar panels – Guardian: Over the past two weeks, media attacks on solar panels and electric vehicles have been followed by Trump administration policies aimed at boosting …
- Italy sales decline 3% on political uncertainty, diesel slump – Automotive News: Skoda volume rose 2.4 percent. Within the PSA Group, Peugeot sales were down 1.5 percent, Citroen sales declined 2.5 percent and Opel …
- Volvo sales up 13% in May on strong US demand – Automotive News: Volvo’s global sales rose 13 percent in May on the back of strong growth in the United States. Sales increased in all the company’s …
- Nissan to halt development of new diesel engines – Nikkei: Nissan Motor plans to end the development of diesel engines, in yet another move by a large automaker to devote management resources …
- Mercedes-Benz recalls 1,426 Sprinter vans in Russia: standards agency – Reuters: Russia’s technical safety watchdog Rosstandart said on Monday it had approved a plan of action with regards to a voluntary recall of 1,426 Mercedes-Benz Sprinter Classic cars sold in October-December of 2017.
- Hyundai Motor says reviews investing in contract manufacturing – Reuters: Hyundai Motor on Monday conducted due diligence on a contract car manufacturing plant site for possible investment, as the South Korean firm seeks ways to cut costs and conserve capital to develop new technologies such as electric vehicles.
- What’s Fiat Chrysler Automobiles Without Fiat and Chrysler? – Detroit Bureau: It’s been nearly a decade since struggling European automaker Fiat combined with the post-Chapter 11 Chrysler, and if the 5-year plan unveiled …
- Paris Motor Show Exodus Accelerates – Detroit Bureau: The Euro-American carmaker follows a growing list of brands skipping the 2018 Paris show, including BMW, Ford, Infiniti, Mazda, Mitsubishi, Nissan, …
- Hennessey: ‘Being the fastest in the world really matters’ – Autocar: Hennessey shows Duff the Venom F5″s go-faster attributes No production car has yet managed to break the 300mph barrier. Hennessey”s Venom F5 has what it takes be the first, its boss tells us The desire to build the fastest road-legal car and to win…
- RPT-INSIGHT-Software and stealth: how carmakers hike spare parts prices – Reuters: Carmakers including Renault, Jaguar Land Rover and Peugeot have boosted revenues by over $1 billion in the past decade by using sophisticated pricing software, according to sales presentations prepared by the software vendor, Accenture, and other…
- Elon Musk: as business fortunes dip, he starts a war with the media – Guardian: His car company Tesla is hemorrhaging money and credibility. Unhappy shareholders want to dump three directors, including Musk’s brother Kimbal, from the board. Lawsuits tangle his clean energy company SolarCity. The entrepreneur has responded to…
- SpaceX Launches Satellite for SES in Its 11th Mission This Year – Bloomberg: SpaceX’s Falcon 9 rocket carried the payload from Space Launch Complex 40 in Florida at around 12:45 a.m. local time. The satellite will be deployed …
- Jaguar Heads for an Indian Pothole – Bloomberg: Still, if the India trend turns against Tata Motors again, there’s always its crown jewel, Jaguar Land Rover. The U.K. unit contributes most of the …
- Fiat Chrysler CEO Marchionne led 14-year turnaround – Detroitnews: Fiat Chryslet CEO Sergio Marchionne presented his final five-year plan that puts Chrysler bankruptcy in rear-view mirror.
- Most people expect driverless cars to become common, and they worry about it – Washington Post: When Tesla’s vehicles in driver-assist mode have crashed, the technology has been confused with fully autonomous cars, creating bulletins such as …
- Canadian Ford dealers not worried in the least over end of sedan production – Automotive News: Canadian Ford dealers say they’re not worried about sales even as the automaker plans to drop most of its sedan models in North America. Dealers …
- The next Toyota Corolla reverses course to just one platform – Automotive News: The worldwide popularity of the Corolla pulled Toyota into creating different architectures for different markets in recent years. And now, as it prepares …
- MERCEDES-BENZ USA’S DIETMAR EXLER: Prepping for the A class – Automotive News: EXLER: The most fascinating new development of technology in the car … is MBUX [Mercedes-Benz User Experience]. The car kind of just talks to you.
- CarSaver seeks to expand dealer network – Automotive News: Lorie Ceal, Internet director at Horne Hyundai, of Apache Junction, Ariz., told Automotive News that being in CarSaver’s network has attracted people …
- Why worry about Chinese vehicles? They’re affordable – Automotive News: Models such as the Geely Yuanjing X1 small car, the Luxgen U5 and Soueast DX3 compact crossovers and the Changan Eado midsize sedan are on …
- Selling an unintelligible dream at Tesla – FT: The past week hasn’t been a great one for Tesla. Last Tuesday, one of the company’s Model S vehicles crashed into five parked cars in Brussels (the owner says this happened when he was not even in the car, which Tesla denies), while another Model S…
- Mitsubishi ponders a midsize pickup – Automotive News: Mitsubishi, meanwhile, sells the L200/Triton midsize pickup outside the U.S.. Diaz, whose … Then Ford and General Motors pulled out. “Now, the …
- How to be green shouldn’t be forced – Automotive News: The electric vehicle movement has a place in the scheme of things, but so do other options (“Emphasis on EVs ignores many green-minded buyers,” …
- S.Korea stocks, won rise on upbeat US jobs report – Reuters: Shares with exposure to North Korea rose on hopes of possible inter-Korea projects, including Hyundai Rotem and Hyundai Elevator, which gained …
- Mazda Aims to Bring Advanced Production System to Overseas Bases – Japanautomotivedaily: Mazda Motor Corp. (TYO:7261) is planning overseas adoption for its Integrated Scheduled Production system, which sees all lines in a []
- METI to Gather Extensive Data in Pursuit of Autonomous Driving – Japanautomotivedaily: The Ministry of Economy, Trade and Industry (METI) is getting ready to make a collection of driving maps and driving []
- Electric cars get a big charge with states, car makers investing millions – Yahoo: Electric cars only make up about one percent of the U.S. car market these days, but that could get a boost with big money coming in to promote electric …
- Toyota builds national team to research core transmission tech – Nikkei: Nine of the participants are rival automakers: Toyota; Honda R&D, a research arm of Honda Motor; Nissan Motor; Isuzu Motors; Suzuki Motor; Subaru; …
- GM executive crashes pace car before IndyCar race in Detroit – Washington Post: The start of Sunday’s IndyCar race in Detroit was delayed half an hour after the pace car crashed into a wall. Both the driver, General Motors executive …
- Brexit Britain Wants to Become a Mecca for Driverless Vehicles – Bloomberg: It’s the second competition in a program that Richard Harrington, the U.K.’s automotive minister, predicts will lead to driverless cars in production within …
- Detroit Grand Prix: Another dominant weekend for Honda on Belle Isle – Freep: It was an embarrassing weekend for Chevrolet on the Raceway at Belle Isle Park. Ryan Hunter-Reay won Dual 2 of the Chevrolet Detroit Grand Prix …
- Hyundai Rotem wins 909.8 bln won train order in Taiwan – Yonhap: Hyundai Rotem Co., an affiliate of Hyundai Motor Group, said Monday it has received a 909.8 billion won (US$849 million) …