- Canadian supplier Linamar at center of Trump-NAFTA clash – Automotive News: Going global has paid off handsomely for Linamar. Enter Donald Trump. The U.S. president’s election is the latest in a string of populist, anti-globalization events. Linamar CEO Linda Hasenfratz is undaunted.
- Oil powerhouse Total predicts a boom in EV sales – Automotive News: and that’s not just the opinion of carmakers anymore. Total, one of the world’s biggest oil producers, is now saying EVs may constitute almost a third of new-car sales by the end of the next decade.
- GM investors will ‘vote with their wallets,’ says Greenlight Capital – Automotive News: Greenlight Capital, which has been pressuring General Motors to restructure its share class, said it believed the automaker’s shareholders will vote in their best financial interests and support the hedge fund’s two-class stock proposal and nominees…
- Tesla Model S loses top rating from Consumer Reports over brake issue – Reuters: Tesla Inc has lost its top safety rating from Consumer Reports, which said the electric carmaker failed to install an emergency braking feature that it promised to owners as standard equipment.