- Retail Sales in U.S. Decline in August by More Than Forecast – Bloomberg: The median projection of economists surveyed by Bloomberg called for a 0.1 percent decline. Excluding cars, sales unexpectedly fell 0.1 percent.
- The autonomous car that smiles at pedestrians – Autocar: Swedish firm Semcon has developed a smiling concept car to help reassure pedestrians that it’s safe to cross the road
- Ford investment push will cause profit dip in 2017 – Just-auto: Ford CFO Bob Shanks has told a Ford investor audience that the company anticipates a further dip to profits in 2017 as the company ramps up its investment in ’emerging opportunities’, especially electrification.
- BMW contracts some new 5 series assembly to Magna Steyr – Just-auto: Magna International said it would manufacture the new 5 Series sedan for the BMW Group at its contract vehicle assembly facility in Graz, Austria.