Top News
- Almost half of U.S. vehicles aren’t covered under existing safety regulations – Automotive News: Hundreds of crashes involving defective cars are going unreported each year because under federal safety rules automakers aren’t required to report suspicious accidents for models more than 10 years old.
- Renault CEO Ghosn’s clash with French state comes to the boil – Automotive News: Ghosn is CEO of both Renault and Nissan and has steered the 16-year-old alliance for a decade. He’s due to collect 7.22 million euros ($8.1 million)…
- Why Marchionne needs a powerful ‘mother-in-law’ – Automotive News: The last time we saw this tactic employed Renault Nissan CEO Carlo Ghosn was in the husband role, activist investor Kirk Kerkorian was the…
- Renault CEO Ghosn Clashes With French State on Shareholder Votes – Bloomberg: Ghosn is CEO of both companies and has steered the 16-year-old Renault-Nissan alliance for a decade. He’s due to collect 7.22 million euros ($8.1…
- Fiat Chrysler shares extend losses after CEO’s consolidation plea – Reuters: Sources told Reuters earlier this month that Marchionne was hoping for a big deal, possibly in the United States, to plug the carmaker’s weaknesses…
- Honda prices HR-V SUV below $20K, goes on sale in May – Detroit News: Honda expects to sell 70,000 of the small SUVs a year.
- Continental sees further growth after Q1 profit, sales rise – Reuters: German automotive supplier Continental expects earnings growth to accelerate this year after first-quarter profit and sales…
- ‘Man from Toyota’ may give BOJ’s stimulus a reality check – Reuters: Now an adviser to Toyota, Funo brings a distinctive corporate culture, such as the “Five why’s” rule that urges employees to ask themselves at least…
- U.S. Consumers Snap Up Trucks in April as Gasoline Worries Fade – Bloomberg: It’s getting so hard to sell a small car, Ford Motor Co. is laying off 700 … These SUVs, known as crossovers because they combine attributes of cars and … increase, the average estimate of eight analysts surveyed by Bloomberg.
- Socialist France’s Undercover Capitalist – Bloomberg: Macron and Turrini together orchestrated the Renault operation and have shored up the fund’s influence at other APE companies. The father of three,…
- GM could get $97M in tax breaks for Warren project – Detroitnews: General Motors Co. could receive nearly $97.1 million in property tax savings over more than a decade through tax breaks the City of Warren…
- Marchionne on consolidation: ‘Something needs to give’ – Detroit News: Fiat Chrysler Automobiles NV CEO Sergio Marchionne laid his cards on the table about industry consolidation being the cure for the industry’s “value-destroying addiction to capital.”
- Fiat Chrysler profit jumps to $99M – Detroit News: Fiat Chrysler said first-quarter EBIT profit jumped 22 percent, backed by strong U.S. sales
Other news, rumors and, gossip
- General Motors Company Behind Tesla Motors Inc’s Direct Car Sales Woes – Learnbonds: It is emerging that General Motors Company (NYSE: GM) has been deploying a number of lobbyists in key states all in the attempt of blocking Tesla…
- This is one crazy Nissan GT-R with 1400 HP – Inautonews: Besides the impressive amount coming from under its hood, the Nissan GT-R by Jotech has also received a full carbon fiber body kit, which also…
- Apple wants to make navigation more human – Livemint: On 23 April, Apple filed for a patent with the US Patent and Trademark Office, one that could change the way in-car and smarphone-based navigation…
- BMW Fan Buys a Chassis Packed in Banana Crates, Turns It into Beautiful 303 Model – Video – Autoevolution: BMW’s campaign that has various owners stepping up in front of the camera to present their cars’ stories reached a turning point. This time, instead of…
- Gov’t to Continue Subsidies for New-Energy Car Purchases – Caixin: (Beijing) – The central government has announced a plan to continue subsidizing the buyers of new-energy vehicles in a bid to promote the…
- Why we love speed, but won’t be able to enjoy it for long – Globe and Mail: A fast car is more accessible than a wing-suit plunge through the Alps, and driving a Porsche 911 or a C7 Corvette takes you into an enchanted world…
- Renault Samsung appoints first Korean research head – Koreatimes: Renault Samsung said Thursday that it has appointed a Korean national as the chief of its research and development (R&D) division for the first time in…
- China billionaires take Tesla for example – Inautonews: US-based electric automaker Tesla Motors has swiftly graduated from being a new energy startup to a fully fledged automaker that has its shares…
- Toyota to make comfy plane seats – Travel: ANA and Toyota claim that their new economy class seat will reduce muscle fatigue and help passengers maintain a relaxing posture, the Telegraph…
- 2017 Nissan GT-R to feature Le Mans-based engine? – Paultan: In an interview with Top Gear UK, Nissan’s LMP1 team principal and technical director Ben Bowlby, allegedly, confirmed that the 2017 Nissan GT-R…
- Japanese PM seeks tech innovation in Silicon Valley visit – Yahoo:
- Tesla Motors Plans To Invest In Solar-Powered Charging Infrastructure In Japan – Franchiseherald: Tesla Motors has announced that it plans on investing in solar-powered charging infrastructure throughout Japan. “We’ll buy utility power that’s coming….
- UAW claims 55 percent of workers at Volkswagen plant in Chattanooga – Timesfreepress: Employees at the Volkswagen plant in Chattanooga work on the assembly of a Passat sedan in this 2013 file photo. Photo by Associated Press/Times…
- Why Tesla Motors Stock Shot Up Monday Morning – Rapidnewsnetwork: Tesla jumped more than 7 percent percent Monday, apparently on expectations surrounding a pending announcement on new battery products.
- BMW boycotts China’s parallel imports – Wantchinatimes: BMW has reportedly tampered with China’s policy on parallel imported cars as a means to secure profit for its sole distributor in the country, reports…