Top News:
- GM Bringing Truck Production Back from Mexico – Detroit Bureau: There’s been plenty of coverage of automotive production moving to Mexico, but GM is bringing some production back to the U.S.
- Man appears to snooze at the wheel of his Tesla while the car drives itself on LA highway – Washington Post: Although the Model S is not properly a self-driving vehicle, as it lacks the autonomy of Google’s steering-wheel-free bubble cars, Tesla automobiles do…
- Toyota makes move in networked cars with Uber tie – Nikkei:
- Google Setting Up Suburban Detroit Autonomous Vehicle R&D Hub – Detroit Bureau: Google plans to open a new autonomous vehicle development center near Detroit. The move gets the company closer to customers.
- VW Targets $1.12 Billion in Savings From MAN, Scania Integration – Bloomberg: … business into the world’s most profitable commercial vehicle manufacturer. … Unlike most of its passenger-car siblings, VW’s trucks operation isn’t…
- Takata committee in rescue talks with KKR, other investors: sources – Reuters: T) about a financial investment to bail out the embattled auto parts maker, … The U.S. fund approached the committee, once source told Reuters.
- Mercedes-AMG GT R: 570bhp sports car to make debut at Goodwood – Autocar: Mercedes-AMG will launch a hardcore variant of its GT sports car at this year’s Festival of Speed; its V8 will produce around 570bhp
- Self-driving cars: who’s building them and how do they work? – Guardian: The automotive manufacturers aren’t sitting on their hands either. Elon Musk’s Tesla is working on the technology for its electric cars, while GM,…
- KKR interested in becoming financial sponsor to Takata: Nikkei – Reuters: … Lazard Ltd to lead restructuring efforts as the auto parts supplier potentially … Reuters in April reported that Takata planned to draw up a shortlist of …
- Kahn eyes US expansion with Jeep Wrangler – Autocar: The Kahn-owned Chelsea Truck Company wants to shift its attention to one of America’s best-selling SUVs once Land Rover Defender supply dries up
- Why Elon Musk says Hong Kong will be the ‘beacon city’ for electric cars – Guardian: Yet, in the past two years, the city has seen a boom in registrations for new electric vehicles (EVs), thanks to a tax waiver passed by legislators that will…