Top News:
- Toyota appeals $327 million tax bill in Thailand – Automotive News: Toyota said its Thailand subsidiary is appealing a Thai government order to pay additional taxes that the Nikkei business daily said would total more than 11 billion baht ($327 million).
- Toyoda defends ‘close friend’ Hamp after arrest – Automotive News: Toyota CEO Akio Toyoda defended his “close friend” and global communications chief Julie Hamp a day after her arrest for allegedly importing narcotic painkillers and promised the investigation will show that the company’s first upper-level female…
- Aston Martin DBX crossover – new pictures – Autocar: Aston Martin confirms production DBX is coming, with boss Andy Palmer releasing new pictures of the crossover
- Toyota President Stands by Arrested Executive – WSJ: Toyota, at a hastily scheduled news conference, declined to say whether Ms. Hamp had a prescription for oxycodone or a medical condition that would…
- BOE Says Driverless Cars May Transform Insurance as Risk Shifts – Bloomberg: Driverless cars developed by companies such as Google Inc. could transform the insurance industry if their accident-avoidance technology sparks a…
- Toyota: American exec did not intend to break Japan law – Detroit News: American executive Julie Hamp is accused of importing a controlled drug into Japan
- Toyota chief vows to stand by arrested executive – FT: Akio Toyoda, Toyota chief executive, on Friday apologised for the arrest of the company’s first female western senior executive, but vowed to stand by her for now. Julie Hamp, who was appointed the Japanese ..
- Toyota in damage control mode after American exec arrested – Reuters: Toyota Motor Corp moved into damage control mode on Friday after its new communications chief Julie Hamp, an American and its first senior woman executive, was arrested on suspicion of illegally bringing pain killers into Japan just two months after her appointment.
- World NewsToyota CEO vows to stand by Julie Hamp – FT: Akio Toyoda, the chief executive of Toyota, apologised on Friday following the arrest of the company’s first female western senior executive, but vowed…
- Toyota Confident Hamp Didn’t Intentionally Break Drug Law – Bloomberg: Toyota Motor Corp. President Akio Toyoda said he’s confident the company’s first female executive, Julie Hamp, didn’t intentionally break Japanese…
- BRIEF-Toyota CEO says believes Julie Hamp had no intent to break law – Reuters: Toyota Motor Corp CEO Akio Toyoda, at a news conference following arrest of a company executive:
- RUSSIA: Rouble pressure “huge advantage”: Bo Andersson – Just-auto: AvtoVAZ says the current weak status of the Russian Rouble is a “huge advantage” as it looks to make hay while the currency sun shines.
- RUSSIA: GAZ ‘war room’ focuses on supplier efficiency – Just-auto: GAZ Group says it is constantly evaluating its supplier base as a depreciating rouble provides genuine opportunity to capitalise on what otherwise is a bleak Russian economic position.
- Paris Smog Obscuring Eiffel Tower Threatens Diesel-Car Dominance – Bloomberg: Famed Parisian landmarks such as the Eiffel Tower have been increasingly obscured in recent years by an oppressive smog.
- Toyota appeals against $327 mln tax bill in Thailand – Reuters: Toyota does not disclose the percentage of parts procured in Thailand. … Early this year, Toyota forecast its sales in Thailand in 2015 would rise 0.9…
- Fiat Chrysler’s long-odds GM pursuit hangs on Marchionne’s deal record – Automotive News: Moves by Fiat Chrysler Automobiles to force General Motors into a merger might have been laughed out of court by now, had its…
- Renault Kwid Engine Details Emerge, AMT in the Offing; What We Know So Far – Ibtimes: Evo India have managed to get the first glimpse of Renault Kwid’s new 800 cc three-cylinder petrol engine and going by their words, Kwid’s engine will…
- RUSSIA: GAZ Group looks to drive RUB5bn cost savings this year – Just-auto: GAZ Group says it aims to achieve RUB5bn (US$93m) in cost savings this year as it prepares to launch its new full metal van based on the Gazelle Next chassis.
- Infiniti reveals 2016 Q30 compact hatch – in camouflage – Automotive News: Infiniti intends to officially unveil the English-made Q30 hatch in September at the Frankfurt motor show. It goes on sale in Europe late this year and is expected in U.S. showrooms some time in 2016.
- Infiniti Q30 Set to Debut at Frankfurt Motor Show – Detroit Bureau: Exactly two years after first unveiling a concept version of the Q30 sedan, Infiniti will pull the wraps off the production model at the 2015 Frankfurt Motor Show, and the automaker is providing its own “spy shot” to give a hint of what’s coming. More from TheDetroitBureau.com.
- Toyota in damage control mode after American executive arrested – Reuters: Toyota in a statement late on Thursday said it was confident the … of a drive to diversify Toyota’s male-dominated, mostly Japanese executive line-up.
- Toyota’s Revamped Turbo Diesel Engines Offer More Torque, Greater Efficiency and Lower Emissions – @ToyotaMotorCorp: Toyota’s newly developed direct-injection turbo diesel engines raise the bar for fuel efficiency, power and quietness.
- Howes: FCA-GM merger talk challenges UAW amid talks – Detroit News: If Marchionne’s proposition gains traction in the next few months, there’s almost no way it won’t impact bargaining.
- GM’s 4G connection to boost consumer features, revenue – Detroit News: Large SUV customers are topping early renewals for OnStar 4G LTE subscriptions; company plans more paid services with 4G