- Fiat Chrysler made $29M profit in its final year before Stellantis merger – The Detroit News
- VW tests self-driving taxis in Germany ahead of 2025 launch – Automotive News
- Tesla Needs to Crack Europe’s $360 Billion Corporate Car Market – Bloomberg
- Tesla won’t be ‘king of the hill’ in electric vehicles forever, says ex-board member Steve Westly – CNBC
- GM, Toyota employees to keep masks on in Texas even as state lifts mandate – Reuters
- Stellantis off to “flying start” – CEO – Just-Auto
- Here’s how much tax Jeff Bezos, Elon Musk, Bill Gates, and Mark Zuckerberg would pay under … – Businessinsider
- Jaguar Land Rover quality issues ‘cost company 100000 sales,’ CEO says – Automotive News
- Five-star safety ratings for Cupra Formentor and Polestar 2 – Autocar
Wednesday Morning Auto News, Mar 03, 2021
Tuesday Morning Auto News, Mar 02, 2021
- Exclusive: India woos Tesla with offer of cheaper production costs than China – Reuters
- Elon Musk: Tesla Full Self Driving subscription to launch in Q2 – Businessinsider
- Toyota to raise $4.7 billion in bond sales to fund futuristic hub in Japan – Automotive News
- Hyundai breaks ground on fuel cell plant in China – Just-Auto
- Men accused of aiding Ghosn escape arrive in Japan after extradition: TV – Reuters
- Mercedes misses fuel economy targets in US, China – Automotive News
- Top Tesla Germany manager jumps ship to Koenigsegg – Just-Auto
- JLR axed electric Land Rover, Jaguar on MLA platform to focus on better tech – Automotive News
- Self-driving startup Aeva hires Waymo, Apple veteran to oversee supply chain – Reuters
- Nio expects Q1 deliveries between 20,000 and 20,500 vehicles – Automotive News
- Dongfeng Motor launches self-driving taxi service in Wuhan – Just-Auto
- Volvo to go all electric by 2030 as it unveils second such model – Nikkei
Monday Morning Auto News, Mar 01, 2021
- Audi names Rittersberger as new chief financial officer – Reuters
- JLR to reduce production capacity by 25% – Just-Auto
- Volkswagen considering ID 3 convertible as first open-roof EV – Autocar
- Nissan’s Saikawa praises ex-boss Ghosn during trial – Automotive News
- Audi Q5 E-tron: Porsche Macan EV sibling due with 300-mile range – Autocar
- Jaguar seeking partners for new EV platform, confirms boss – Autocar
- BYD updates Norwegian Tang EV SUV for 2021 | just-auto – Just-Auto
- Some 2021 Ford F-150 buyers discover rusty parts, corrosion — and automaker isn’t helping – Freep
- A fix may be on the way for a tax incentive rule that makes the Chevrolet Bolt EV pricier – Freep
- GM’s electric vehicle plans begin to take shape with new lower-priced Chevy Bolts – CNBC
- New 2021 Hyundai Bayon crossover to be revealed tomorrow – Autocar
Friday Morning Auto News, Feb 26, 2021
- Toyota develops fuel cell system to cut carbon footprint – Automotive News
- Nissan says makes breakthrough with engine in reducing CO2 emissions – Reuters
- Musk Cites Supply Chain Woes for Tesla’s Brief Production Halt – Bloomberg
- Fisker willing to borrow cash to fund vehicles – Automotive News
- Top VW China Manager Said to Eye Joining Renault as Local CEO – Bloomberg
- Tesla sees post-bitcoin Twitter convos surge | just-auto – Just-Auto
- Volkswagen ID.4: Should Tesla Worry About This New Electric Rival? – Wall Street Journal
- Nissan claims breakthrough in engine CO2 emissions – Automotive News
- Nikola cuts output target; internal probe finds ‘inaccurate’ claims – Automotive News
- Aston Martin prepares for DBX variants by cutting prices – Automotive News
- Top VW China Manager Said to Eye Joining Renault as Local CEO – Bnnbloomberg
Thursday Morning Auto News, Feb 25, 2021
- Tesla short-sellers sitting on $3.5 billion weekly profits: Ortex – Reuters
- Tesla temporarily halts production at Model 3 line in California: Bloomberg News – Reuters
- Lucid takes on Tesla as electric vehicle competition hots up – FT
- Taiwan’s Foxconn shares rise more than 4% after EV deal with Fisker – Reuters
- HMIL announces name of upcoming 7 seater premium SUV – Hyundai ALCAZAR – Just-Auto
- Saudi Wealth Fund’s Lucid Windfall Will Make Up for Tesla Exit – Bloomberg
- This $4,500 electric car is reportedly outselling Tesla’s Model 3 in China by almost two to one – Businessinsider
- Tesla stock driven more by Reddit than fundamentals: Barclays – Businessinsider
- Hon Hai to contract build EVs for Fisker, EV output soon – Just-Auto
- Revised Volvo Pact Better Serves Investors, China’s Geely Says – Bloomberg
- Decision on future of Vauxhall’s Ellesmere Port plant imminent – Autocar
- Aston Martin plots Mercedes powertrain for revised Valhalla – Autocar
Toyota starts the year as World’s Largest Automaker
Toyota Group starts the year with something nearly forgotten since the pandemic hit: Black numbers. Compared to January 2020, Toyota grew its global sales by nearly 4%, powered by strong results in China and North America, and it takes a deserved top spot in the rankings. Volkswagen Group came in not far behind with a slight -1.4% YOY. Volkswagen was dragged down by a 28% contraction at home in Western Europe, which strong China sales (+22.1%) could not quite make up.
The Renault-Nissan-Mitsubishi Alliance, down 8.5% YOY, is still losing precious blood. Of the three, Nissan, down only 1.9% in January, could stem the bleeding to a large degree. Renault however ended January with a nearly 16% open wound.
Wednesday Morning Auto News, Feb 24, 2021
- Suzuki Motor’s CEO, Chairman Osamu Suzuki to Step Down – Bloomberg
- Car chip shortage shines light on fragility of US supply chain – FT
- Fisker to collaborate with Foxconn on EV project – Reuters
- Nissan CEO who oversaw Ghosn’s downfall testifies in court – Automotive News
- An Alternative-Energy Fund Favors Yield Companies and Avoids Tesla Stock – Barrons
- Is Mitsubishi mulling reversal on Europe pull-out? – Just-Auto
- Ford expands King Ranch trim to 2021 Explorer – Automotive News
- Ford building new Texas-style Explorer King Ranch at Chicago plant – Chicago Tribune
- Ark Invest adds $171 million worth Tesla shares – Reuters
- Daimler Truck and Cummins announce global plan for medium duty commercial vehicle engines – Just-Auto
Tuesday Morning Auto News, Feb 23, 2021
- Toyota starts ‘fully connected community’ construction in Japan – Just-Auto
- Mitsubishi could restart European sales, reports suggest – Autocar
- Tesla drops another 6% in premarket, bringing two-day losses to 14% – CNBC
- Tesla shares set to skid into the red for the year – Reuters
- While Mercedes debuts another knockout C-class, Cadillac looks to the future – The Detroit News
- Mercedes recasts C-Class as sportier S-Class – Automotive News
- Faurecia’s future after PSA: Less debt, more premium sales and hydrogen tech – Automotive News
- New Lexus IS 500 F Sport Performance to rival BMW M3 in US – Autocar
- Mitsubishi Motors set to reverse move to withdraw from Europe – FT
- BMW building new vehicle distribution centre in Baltimore – Just-Auto