- General Motors Sells July Record 249,734 Vehicles in China – GM: General Motors and its joint ventures in China set a new domestic sales record for July of 249,734 vehicles. Demand increased 12.7 percent from the same month in 2013.
- Pickup trucks rising, thanks to oil boom – Automotive News:Full-sized pickup sales are rebounding to big volumes — even without the complete return of new-home construction. Through seven months, sales of full-sized pickups in the United States rose 4 percent in an overall market that increased 5 percent.
- Tesla reaches settlement to end China trademark dispute – Automotive News: Tesla Motors said it resolved a trademark dispute in China that threatened to complicate the company’s plans to increase sales in the world’s largest auto market.
- Fiat shares fall to yearly low on Chrysler merger concerns – Automotive News: Shares in Fiat fell to their lowest level this year, with traders citing concerns that investors who voted against the carmaker’s merger with Chrysler would exercise their right to sell the stock, potentially jeopardizing the tie-up.
- Toyota’s Shift to Hydrogen From Battery-Electric Jolts Industry – Wards: When the world’s largest producer of gas-electric hybrids decides to take the road less traveled, you can bet on a seismic shift in the industry’s market focus to fuel cells. Final Inspection
- Closer Look: Why E-Cars Are Not Selling in Beijing – Via Google News: Companies and individuals in the capital got 9,382 license plates for electric cars in the first six months of this year, but only bought 331 …
- RUSSIA: Market could fall 30% this year as confidence stalls: Ernst & Young – Just-auto: Turmoil currently engulfing relations between Russia and the West is starting to feed through to domestic consumer confidence with some forecasts estimating the market could plummet by as much as 30% this year.
- THAILAND: Political unrest gives carmakers cause for concern – Just-auto: Months of political unrest is threatening to drive some vehicle makers out of Thailand. The country’s auto sector, the biggest in Southeast Asia, has already witnessed production and job cuts this year.
- China says to punish Audi, Chrysler for monopoly behaviour – Reuters: China’s antitrust regulator said on Wednesday it would punish Audi and Chrysler for monopoly practices, potentially paving the way for the automakers to be fined up to 10 percent of their domestic annual sales revenue in the world’s biggest car market.
- How Hackable Is Your Car? Consult This Handy Chart – Via Google News: For 24 different cars, we examined how a remote attack might work, says Valasek, director of vehicle security research at the security consultancy …
- Fiat falls 8.5 percent, traders cite Chrysler merger concerns – Reuters: Shares in Fiat fell more than 8.5 percent on Wednesday to their lowest level this year, with traders citing concerns that investors who voted against the Italian carmaker’s merger with Chrysler would exercise their right to sell the stock, potentially jeopardizing the tie-up.
- China says it will punish Audi, Chrysler for monopoly behavior – Automotive News:China said it will punish Audi, Chrysler and 10 Japanese spare-parts makers for antitrust violations. The Chinese government is scrutinizing pricing practices as the country becomes an increasingly important profit source for foreign automakers.
- AVTOVAZ sells six SUVs of its top managers – Via Google News:AVTOVAZ sells off the park of the foreign cars that were used by the top … placed on the area of the automobile service center “Tolyatti VAZ” with the plate “for sale”. The cost of the cars will be announced soon, but it is known that the …
- SKorea foreign car sales hit record in July – Via Google News:Foreign car sales in South Korea hit a new monthly high last month on the back of robust demand for foreign luxury brands, industry data showed …
- Victim claims on GM compensation fund near 100 – DetN: General Motors Co.’s compensation fund for those killed or injured as a result of defective ignition switches had received 93 applications for awards through Monday.
- Rolls-Royce confirms a new model by mid-2016 – Via Google News: The new car is currently undergoing a rigorous process of prototype testing as it enters its next stage of development. There have been rumours …
- Tesla resolves trademark dispute in China – Reuters: U.S. electric carmaker Tesla Motors Inc said it has “completely and amicably” resolved a trademark dispute in China, removing a hurdle that had threatened CEO Elon Musk’s ambition to expand rapidly in the world’s biggest auto market.
- The Connected Car, Part 1: The Future Starts Now – Will Linux Drive It? – Via Google News:The Age of the Connected Car is dawning. The Linux Foundation is positioning an open source Linux OS to take the front seat in steering carmakers to …
- Anti-trust investigation expands to foreign auto giants – Via Google News: German automobile giant Daimler AG’s subsidiary luxury brand Mercedes-Benz confirmed Tuesday it is cooperating with China’s anti-monopoly …
- Daimler, Chrysler Face Hits in China – WSJ: Foreign auto makers came under new pressure in China Tuesday, with Daimler saying it is assisting Chinese authorities in an investigation of its Mercedes-Benz brand. Chrysler unveiled price cuts.
- S. Korea’s imported car sales jump 21.1 pct in July – Via Google News: Imported car sales in South Korea jumped 21.1 percent on-year in July on strong demand for foreign car brands by …
- Chrysler, Nissan looking into claims their cars ‘most hackable’ – Reuters: Chrysler and Nissan said they are reviewing a report by well-known cyber security experts that rates their vehicles among the three “most hackable” cars on the market, along with a General Motors model.
- Bugatti plans new 286mph, 1479bhp Veyron successor – Autocar: New hypercar to feature a hybrid powertrain mated with a heavily updated version of its predecessor’s turbocharged 8.0-litre W16 engine.
- GM’s subprime auto lending draws attention of U.S. investigators – Automotive News: Federal prosecutors are asking questions about the practices of GM’s financing unit, subpoenaing the company in the midst of a resurgence in U.S. auto sales fueled partly by a subprime lending boom.