Top News:
- Lincoln marketing chief to leave brand for Ford Europe – Detroitnews: who helped launch the popular Matthew McConaughey ad campaign – will move to become vice president of marketing for Ford of Europe,…
- Nissan says Datsun Redi-Go compact car to be priced starting $3732 – Reuters: June 7 Nissan Motor Co Ltd. * India exec says Datsun Redi-Go compact hatchback car to be priced starting at 249,220 rupees ($3,731.96) …
- Hyundai chairman’s son ventures into luxury with Genesis brand – Automotive News: Hyundai Chairman Chung Mong Koo proved the South Korean automaker can build reliable, value-for-money cars by beating Toyota and Volkswagen in benchmark U.S. quality surveys. His son now wants to show Hyundai can be synonymous with luxury, too.
- Japanese New Vehicle Sales Continue to Slump – Detroit Bureau: The delay of a two percentage point increase in Japan’s sales tax until 2019 is expected to have an adverse impact on Japan’s carmakers.
- Fast-E EV charger project starts across EU – Just-auto: Gareth Dunsmore, director of electric vehicles for Nissan Europe, said: “Our investment in this project is another demonstration of our commitment to…
- Cars in Britain among best kept in the world – Autocar: British motorists spend 12% more than the global average for looking after their cars each year; UK aftermarket sector set to rise
- Troubled Proton gets $305 million government bailout – Nikkei:
- Solar power for Toyota Texas HQ – Just-auto: Toyota claims the 7.75 megawatt solar power system planned for its newNorth American headquarters in Plano, Texas will be “the largest corporate office on-site solar installation among non-utility companies in the state”.
- Samsung SDI said to be making progress in talks to supply Tesla Model 3 batteries – Automotive News: Samsung SDI is making progress in talks with Tesla to supply batteries for the Model 3 electric car as well as its energy storage products, a source with direct knowledge of the matter told Reuters.
- Barra says ‘undervalued’ GM can sustain profit long term – Automotive News: GM CEO Mary Barra made the case in an interview with Bloomberg Television that GM can handle a downturn and sustain profits if the economy slumps in the next few years.
- Honda expects profit increase on strong US, China sales – Nikkei: Japanese automaker Honda Motor expects its group operating profit to jump 19% to 600 billion yen ($5.58 billion) for the fiscal year ending…
- Cadillac eyes virtual reality sales for small dealers – Just-auto: No cars in stock, just virtual reality headsets and service bays, a few demonstrator/service loan vehicles. That is the possible Cadillac dealership of the future, at least at a certain level, and is an idea division president Johan de Nysschenhas been floating for months.
- 2017 Porsche Panamera teased – new video – Autocar: The next-generation Panamera has been spotted testing almost completely uncovered, and Porsche has released a teaser video of the new saloon
- Buckle up: Car insurance rates are set to soar – CBS News: Are higher car insurance rates coming? Ask the residents of Georgia, where Allstate Property & Casualty Insurance has just raised some auto…
- Mercedes-Benz E-Class All Terrain confirmed for Paris motor show – Autocar: The all-wheel-drive estate will be a rival for the Audi A6 Allroad; it’s set to go on sale next year after making its debut in Paris
- Datsun’s most affordable car, the redi-Go, launched at Rs. 2.38 lakh; all you need to know – Ibtimes: Nissan’s low-cost brand Datsun pulled the wraps off its much-awaited car, the redi-Go entry level hatchback, in India on Tuesday, June 7.