Top News:
- Electric car drivers to sell power back to National Grid – FT: Owners of electric cars in the UK will be able to sell power from their batteries back to the National Grid under a scheme unveiled by Nissan.
- VW Said to Near Fix for Tainted 3-Liter Audi, Porsche Diesels – Bloomberg: Volkswagen AG is closing in on a fix for tainted 3-liter diesel-powered vehicles in the U.S. that would resolve part of its emissions-cheating scandal…
- Jaguar Land Rover books record April sales – Just-auto: Tata Motors’ Jaguar Land Rover has reported record April retail sales.
- Dacia boosts net profit 20% – Just-auto: Automobile Dacia booked record turnover of over EUR 4.3bn last year, up 1.76% year on year, asnet profit rose 20% to almost EUR100m.
- VW Group’s small SUV push expected to help double segment’s volume by 2022 – Automotive News: Peugeot, Renault, Nissan, Opel are killing us,'” said an auto executive who asked … The Renault Captur was Europe’s top-selling small SUV in 2015.
- Elon Musk May Be Applying The Wrong Lessons to Tesla – Forbes: These have been met with great acclaim from electric vehicle advocates and some on Wall Street, but skeptics have not been mollified. (Great article…
- Tesla Model S Crash Photos Surface: Occupants Survive Even As Car Flies 82 Feet, Crashes … – Ibtimes: Tesla Model S Visitors look at a Tesla Model S car displayed on media day at the Paris Mondial de l’Automobile, Oct. 2, 2014. Photo: Reuters/Benoit…
- Mitsubishi fraud weighs on shareholders as aid contemplated – Automotive News: Support from shareholders may be crucial to Mitsubishi Motors’ weathering a scandal that could result in the company having to compensate customers, Japan’s government and minicar partner Nissan Motor Co
- Renault’s India sales get boost from Kwid – Automotive News: Renault’s sales in India more than doubled last month on demand for its Kwid small crossover. Renault, which is No. 3 in the market, sold 12,426…
- VW will break ground on China plant despite market slowdown – Automotive News: Volkswagen and joint venture partner China FAW Group will begin construction in Tianjin next week on a plant with capacity to produce…
- Qatar to nominate a woman to VW supervisory board -sources – Reuters: HAMBURG/BERLIN May 10 Volkswagen investor Qatar will nominate a woman to represent the emirate on the carmaker’s supervisory board, two …
- Alfa Romeo Stelvio to rival Porsche Macan in 2017 – Autocar: Italian SUV to possess a sporty character; new spy shots reveal bodywork clues as the model enters its final stages of development
- VW Slovakia expects 2016 output to stay at 2015 level – Reuters: Volkswagen is a major exporter from Slovakia, with nearly all of the Slovak factory’s production sent abroad. (Reporting By Tatiana Jancarikova; …
- FAW-Volkswagen JV to build fifth plant in China – Just-auto: FAW-Volkswagen Automotive Company announced it would build a fifth vehicle factory, in the port city of Tianjin, as it looks to increase its exposure to…
- London’s delivery firms tackle pollution with EVs – Automotive News: London’s delivery companies are experimenting with electric vehicles to reduce the pollution produced by vans distributing parcels…
- Bosch returns to Iran as suppliers eye upgrade need – Just-auto: Bosch Group is opening a new liaison office in Tehran and will employ around 50 associates in the Iranian capital by year end.
- Hyundai Santro hatchback making a comeback; likely to be crossover: Report – Ibtimes: One of the most successful nameplates in the Hyundai’s portfolio, the Santro is reportedly coming back and the vehicle is currently under development…
- AUTOMOTIVE NEWS EUROPE E-MAGAZINE – Automotive News: Renault-Nissan CEO Carlos Ghosn and Daimler Chief Executive Dieter Zetsche are as attuned as anyone to the importance of diversity.
- Suzuki sees operating profit slide on stronger yen – Reuters: … 210.16 billion yen from 24 analysts surveyed by Thomson Reuters I/B/E/S/. … Suzuki sells roughly one in every two cars in India where drivers favor …
- Hyundai Grand i10, Xcent special editions to be launched soon; production commenced – Ibtimes: South Korean auto major Hyundai is celebrating its 20th anniversary in India and to add colours to the merriment, the company is readying special…
- China Auto Sales In April Rise As Dealers Offer Discounts – Ibtimes: Over 1.7 million passenger vehicles were sold in China during April, … industry analyst for Bloomberg Intelligence, said: “Many car buyers in China…