Top News:
- China’s Tesla Remains at the Mercy of the State – WSJ: The national-government subsidy for pure-electric cars of a certain range is down this year by 35% on average, says LMC Automotive’s Scarlett Liu.
- Is Faraday Future Hinting Formula E Racing Plans? – Forbes: Faraday Futures concept race car FFZER01 (credit: Faraday Future) … The all-electric vehicle racing series is in its second season, and the Long Beach … However, he stopped short of saying that the EV startup will participate in…
- Renault confirms Zoe recall in UK – Autocar: Almost half of Zoes sold worldwide have been recalled; 999 examples in the UK
- France Plays Politics With CEO Pay – Bloomberg: Tavares has slashed fixed costs and PSA’s purchasing bill, whilst not cutting corners on vehicle styling (which in turn has helped the company improve…
- Volkswagen Ameo may be launched in June in India – Ibtimes: The new compact sedan Volkswagen Ameo is likely to have its India launch in June this year. The Ameo, which was showcased at the Auto Expo…
- Volkswagen’s Electric Offensive in the US Just Stalled – Fortune: News of the recall may overshadow the company’s launch last week of its new ‘BUDD-e’ electric vehicle at the New York International Auto Show, the…
- VW Touareg and Porsche Cayenne recall: UK figures confirmed – Autocar: A faulty pedal mechanism is cited as the reason behind a recall of 391,000 VW Touaregs and 409,477 Porsche Cayennes built between 2011 and 2016
- The 17 Secrets We Think We Know About Tesla’s Model 3 – Bloomberg: Tesla is getting ready for its biggest-ever unveiling: the Model 3, the $35,000 sedan designed to take electric cars mainstream. As the fateful date…
- Ford partners with Spotify on FordPass – Just-auto: Music streaming app Spotify is to joins McDonald’s, 7-Eleven and BP as a partner in the FordPass membership service that Ford is pitching to its customers and potential future customers.
- China’s GAC to build plants in Iran, Russia – Just-auto: China’s GAC Motor plans to build new vehicle assembly plants in Iran and Russia to capitalise on growing demand for Chinese products, according to local reports.
- Chinese automaker BYD earnings surge to continue in Q1 on green cars – Reuters: SHANGHAI, March 29 Chinese automaker BYD Co Ltd , backed by Warren Buffett’s Berkshire Hathaway Inc, said late on Monday that it expects profit …
- Datsun redi-Go global entry April 14, India launch likely by May-end – Ibtimes: The launch in India of the redi-Go, the latest offering from Nissan’s low-cost brand Datsun, has been marked for end of May, says a recent Autocar…
- BYD Sees Electric-Car Sales Tripling in Market Coveted by Tesla – Bloomberg: A BYD electric car is charged at the company’s campus in the Pingshan district of … BYD may sell as many as 150,000 new-energy vehicles this year, … Industrywide EV sales surged more than threefold to 331,000 units last year as…
- Nissan unit maintains strength in US, Middle East – Nikkei: Sales of Patrol four-wheel-drive SUVs, which are produced at Nissan Shatai’s Shonan plant in Hiratsuka, Kanagawa Prefecture, are growing in the…
- ANALYSIS – Hyundai bets big on Genesis – Just-auto: Hyundai has just added a limousine at the top of its Genesis line-up, and revealed a concept preview of a BMW 3 Series sized sedan. Between those…
- Nikkei edges down as soft US data dent exporters – Reuters: * Automakers hardest hit, led by Nissan Motor and Toyota Motor