Top News:
Note: Ed and Bertel are traveling in Europe. The morning news may arrive later, or not at all. Your indulgence is appreciated.
- VDA warns against post- Brexit customs barriers – Just-auto: Germany’s automotive manufacturing and supplier body, VDA, is cautioning against any European Union (EU) imposition of customs barriers following the UK’s decision to exit the Brussels association.
- China’s Carmakers Need Some Tough Love – Bloomberg: The plan was simple: Overseas car companies would clamor for a stake in what is now the world’s biggest auto market. Beijing should let them in only…
- Penske, Group 1 assess the damage – Automotive News: Penske Automotive and Group 1 Automotive took an immediate stock-price hit in the wake of Britain’s vote to exit the European Union. Earnings will suffer from a collapsing British pound. But the longer-term impact remains unclear.
- What do Mustang and Camaro have in common? – Automotive News: Despite partisan loyalties on each side, starting next year the Chevrolet Camaro will share a transmission with the Ford Mustang.
- Mercedes execs to sample retail experience – Automotive News: About 40 Mercedes-Benz USA managers will each spend a week this summer working at a Mercedes-Benz dealership.
- Goodbye to the Europe I knew – Automotive News: I am deeply shocked and disappointed by the decision of British voters to leave the European Union. A place I loved called Britain may no longer be so great any more.
- IIHS signals impatience on passenger protection – Automotive News: The Insurance Institute for Highway Safety is using its powerful megaphone to send a message to automakers: Don’t slack off on passenger-side safety.
- Are shifters getting too complicated? – Automotive News: The death of 27-year-old Star Trek actor who was pinned to his death by his own Jeep Grand Cherokee has brought scrutiny to a driving function that has changed with the advance of electronic controls.
- ZEV mandates get harder to ignore – Automotive News: Automakers were never enthusiastic about California’s stricter air-quality rules, especially the electric-vehicle sales mandates that have been copied…
- Is sim racing the future of junior motorsport? – Autocar: GT Academy star Jann Mardenborough has proven the benefits of gaming
- Why EVs flow to California – Automotive News: The travel provision allows an EV sold in any of the 10 states that adhere to the California zero-emission vehicle mandate to count toward an…
- Musk is losing big on Tesla’s SolarCity bid – Automotive News: On Tuesday, June 21, Elon Musk’s Tesla Motors offered to buy Elon Musk’s … Either way, for now, the tie-up translates into a drag on Tesla’s shares.
- How Nissan can keep its EV edge – Automotive News: By virtue of mass-marketing its Leaf electric vehicle in the U.S. for the past five years, Nissan is already in full compliance with the ZEV requirements…
- Le Mans a great win for Ford – Automotive News: Half a century ago, Henry Ford II, having lost the chance to purchase Ferrari and frustrated by previous attempts to win the 24 Hours of Le Mans,…
- A new giant could make more vehicles than Toyota – Automotive News: Nissan’s proposed takeover of Mitsubishi Motors would produce a Renault-Nissan-Mitsubishi giant that by 2017 could overtake Toyota to become No.
- Nissan Sues South Korea Over Emissions-Cheating Accusations – WSJ: SEOUL-Nissan Motor Co.’s South Korean unit has filed a lawsuit over the Korean’s government’s claims that the Japanese auto maker rigged…
- Another death in Malaysia linked to airbag rupture in Honda car -media – Reuters: Honda Malaysia spokesman Jordhat Johan said the company was … and two in a Mercedes, which the Honda had bumped into, were all unhurt, the ..
- China May Lift Cap on Foreign Carmaker Stakes in Joint Ventures – Bloomberg: Backers of allowing foreign carmakers to control their operations in the world’s largest auto market include Li Shufu, the billionaire chairman of Volvo…
- Japan Shares Rebound After Brexit Spurs Biggest Rout Since 2011 – Bloomberg: Mazda Motor Corp. plunged 11 percent after Nomura cut its rating on the automaker, citing a slowdown in the European car market and a stronger yen…
- Mazda MX-5 long-term test review: a practical drop-top? – Autocar: Mazda’s MX-5 gets a dog’s seal of approval, but does the drop-top fare well when put to our practicality test?
- CompaniesBrussels demands VW give Europeans better treatment – FT: Brussels is once again demanding Volkswagen give Europeans equal treatment to US car owners in the diesel emissions scandal, implying the…
- Fiat Chrysler Pulled From Goldman ‘Conviction List’ After Brexit – Bloomberg: Fiat Chrysler Automobiles NV is no longer a “conviction” buy at Goldman Sachs Group Inc. because of the economic uncertainty in Europe created by…