- Auto task force member wants to join GM board, push for stock buyback – Reuters: General Motors Co said on Tuesday a former member of the U.S. auto task force that helped restructure the company in 2009 during its bankruptcy wants to join the board of directors and have the automaker commit to a $8 billion share buyback program.
- Tim Cook to address hacking at White House summit – CNN: Apple CEO Tim Cook will talk about hacking at a White House summit at Stanford University.
- Exclusive: GM’s Barra faces roadblocks in rebuilding Cadillac brand – Reuters: General Motors Co Chief Executive Mary Barra’s strategy of rebuilding the Cadillac brand has run into twin roadblocks: the carmaker can’t persuade enough American sedan buyers to switch from foreign competitors such as BMW or Mercedes, and it can’t make enough of its Escalade SUVs to satisfy domestic demand.
- Robot Cars and the Language of ‘Coordinated Chaos’ – WSJ: Maarten Sierhuis, director of the Nissan Research Center, is trying to teach autonomous cars how to “think” like human drivers.
- Europe’s Budget Car Brands Gaining Share – WSJ: The biggest sales increases in Europe’s nascent auto recovery are coming from low-cost brands from Renault and Volkswagen, a sign of buyers trading down amid continued weak economies.
- China Jan vehicle sales rise 7.6 pct y/y -industry association – Reuters: Automobile sales in China totalled 2.32 million in January, up 7.6 percent from a year earlier, an industry association told…
- Baillie Gifford raised stake in Fiat Chrysler to 7.29 pct – SEC – Reuters: Edinburgh-based asset manager Baillie Gifford has increased its stake in car maker Fiat Chrysler to 7.29 percent, a regulatory filing with the Securities and Exchange Commission showed on Tuesday.
- New report says most car companies couldn’t counter a cyber attack – Autoblog: Only two automobile manufacturers of the 16 surveyed could describe how they would respond to a real-time infiltration of a vehicle, the report said.
- GERMANY: Porsche January sales rise by a third – Just-auto: Porsche sales in January rose 31% year on year to 16,000 units.
- Paris moves to ban most polluting vehicles from its roads – Autocar: The Parisian emissions restrictions will become progressively stricter until 2020 French capital unveils new restrictions designed to lower its pollution levels
- UK: New Land Rover Discovery Sport takes to the road – Just-auto: Land Rover said it received 3,400 orders in the UK for its new Discovery Sport ahead of its start of sales at the end of January although there is a feeling among some industry insiders that many potential customers will wait for new engines due to be launched later this year.
- RUSSIA: Sales hangover as Sword of Damocles dangles over Moscow – Just-auto: Hopes December’s sharply improved figures were a portent of better times to come in Russia, have been severely dented by January’s data showing passenger car and LCV sales slumping nearly 25%.
- RUSSIA: January sales slump 25% as crisis deepens – Just-auto: Hopes December’s sharply improved figures were a portent of better times to come in Russia, have been severely dented by January’s data showing passenger car and LCV sales slumping nearly 25%.
- India Car Sales Slow in January – WSJ: Sales of new cars, sport-utility vehicles and vans grew 3.2% from a year … data issued Tuesday by the Society of Indian Automobile Manufacturers.
- BMW Group says January sales rise 7 pct to 142,154 cars – Reuters: BMW Group said deliveries of BMW, Mini and Rolls-Royce cars rose 7 percent in January to 142,154 thanks to robust demand in Europe and a 41 percent rise in sales of its X5 offroader, it said on Tuesday.
- New Kia Optima concept breaks cover – Autocar: Kia’s as yet unnamed concept car is expected to closely preview the fourth-generation Optima
- FCA’s 3 super spots score – Automotive News: Fiat Chrysler scored all three of its Super Bowl spots onto our top 10 viral video rankings this week.
- Daimler targets at least 10 pct sales growth in China this year – Reuters: German premium automaker Daimler is targeting minimum sales growth of 10 percent this year, the company’s China chief Hubertus Troska told reporters in Beijing on Tuesday.
- Toyota’s in the Fast Lane – Barrons:
- Senate report says car manufacturers unprepared for hacking attacks – Mashable: Most of the companies making these cars, however, don’t have plans for … Perhaps even more troubling: Just one of the automobile manufacturers…
- New Koenigsegg Regera ‘megacar’ for Geneva motor show – Autocar: The Koenigsegg Regera could become the Swedish company’s flagship car Swedish supercar maker releases teaser shot of possible new range-topper
- Investors betting big on automobile classifieds platforms like CarTrade.com – Economic Times: NEW DELHI/MUMBAI: The automobile classifieds segment is being … Mumbai-based online auto classifieds platform CarTrade.com has raised an…
- Windsor minivan plant gets biggest overhaul since 1980s – Freep: New robots, assembly line are among the changes coming to Windsor’s Chrysler minivan plant.
- Warren Buffett’s old Cadillac heads to the auction block – Reuters: Warren Buffett has put his 2006 Cadillac on the auction … the BNSF railroad, Dairy Queen ice cream and Geico auto insurance.
- Tesla Stock Tests 50-Day Line Ahead Of Earnings – Investors:
- Uni-Select to sell US auto parts business to Icahn Enterprises – Reuters: Canada’s Uni-Select Inc said it would sell its U.S. auto parts distribution business to activist investor Carl Icahn’s investment company…
- Auto Companies Should Protect Cars From Hackers Infiltration – US Senator – Sputniknews: Senator Edward Markey said that the United States needs to do more to protect US drivers on the road from the possibility of having their automobile…