Top News:
Note: Ed and Bertel are traveling in Europe. The morning news may arrive later, or not at all. Your indulgence is appreciated.
- Q&A: When Will VW Start Writing Checks? – Detroit Bureau: VW has agreed to a $14.7 bil settlement for rigging 2.0-liter diesel emissions tests, $10 bil to go to diesel owners. When will that money be paid out? Who will qualify for buybacks and what if someone wants to keep their TDI model? TheDetroitBureau.com looks at what you need to know.
- GM economist sees negligible impact of Brexit on U.S. autos – Automotive News: General Motors chief economist Mustafa Mohataram said the automaker sees no significant impact to the U.S. auto market from U.K. voters’ recent decision to exit the European Union.
- Former N.Y. Nissan dealer to repay customers nearly $102,000 for illegal fees, fraud – Automotive News: A former New York dealer has agreed to pay $101,986 in restitution to 119 consumers for charging them illegal fees and employing deceptive sales and advertising tactics, New York Attorney General Eric Schneiderman said.
- For one VW owner, satisfaction won’t come easy – Automotive News: Under Volkswagen’s proposed $14.7 billion make-good for skirting U.S. diesel emissions rules, there won’t be a quick and tidy resolution to the mess for many VW owners.
- Iranian Automaker in Talks With LG to Make Electric Vehicles – Bloomberg: “We are currently carrying out the plans to developing electric vehicles and to setting up charging infrastructure in Iran,” said an LG spokesman.
- Our Autonomous Vehicle Future – Forbes: Here we are. We’re tantalizingly close to the realization of the first autonomous vehicles (AVs) to hit the market. Quite honestly, I thought we’d be far…
- GM slashes 4G broadband data-plan pricing – Automotive News: General Motors is cutting rates in half on its OnStar 4G LTE data plans, a bid to drive greater use of in-vehicle Internet service and plug what the company sees as a key differentiator.
- Citroen ‘re-boot’ to include electric cars and more expressive design – Autocar: Linda Jackson, the British CEO of Citroen, says two electric vehicles are due by 2020
- Porsche Panamera debuts MSB platform & new engines – Just-auto: The second generation Porsche Panamera has been shown to the media. As well as being the first model for MSB, a Volkswagen Group RWD/AWD architecture, the new hatchback sees the arrival of a fresh V8 diesel engine, now compliant with the latest EC emissions legislation.
- EU commissioner urges Volkswagen to compensate drivers for diesel scandal – Reuters: BRUSSELS/BERLIN Europe’s Industry Commissioner Elzbieta Bienkowska has called on Volkswagen (VOWG_p.DE) to also compensate European …
- Brexit: Porsche remains committed to UK market – Autocar: Porsche chief executive officer Oliver Blume
- Retiring GM design chief Ed Welburn on his greatest achievements – Autocar: The man responsible for the Chevrolet Corvette and recently revealed Vauxhall GT concept will retire after 44 years at General Motors
- Vroom will make cash offers to private sellers on eBay – Automotive News: Online veteran eBay and online upstart Vroom have teamed up to pilot a program that will give eBay customers another option to sell their vehicles for cash and Vroom another way to source vehicles for its used-car operations.
- ‘Star Trek’ actor’s death hastens Fiat Chrysler gearshift probe: 266 crashes, 68 injuries – Chicago Tribune: 5, 2015, file photo, 2015 Grand Cherokees appear on display at a Fiat Chrysler dealership in Doral, Fla. Fiat Chrysler is speeding up a recall of 1.1…
- Airbumps for PSA project B618 – next Citroen C3 – Just-auto: The next Citroen C3 has been shown to the media at a special event ahead of its public debut at the Paris motor show show in the autumn. Developed on PSA’s elderly PF1 platform using the B618 project code, the new model sports an evolution of the C4 Cactus’ Airbumps.
- Brexit set to drive up fuel prices – Autocar: The fluctuation of sterling following the EU referendum may cause fuel prices to rise, warns the RAC
- Uber Isn’t Going to Conquer the World – Bloomberg: which started as a taxi-hailing app but expanded into private cars in response to Uber — was better anyway, she added,.
- Daimler Transfers Its Renault, Nissan Stakes Into Pension Funds – Bloomberg: The change has no effect on cooperation with the Renault-Nissan Alliance that includes building compact cars together. “With this contribution, we are…