Top News:
- General Motors re-thinks India strategy – report – Just-auto: General Motors officials have said the automaker is re-evaluating its planned US$1bn spend to date in India and has put on hold moves to bring a new car platform to the country.
- Tesla and SolarCity Are Said to be Close to a Merger Deal – Fortune: Tesla Motors TSLA 0.80% and SolarCity SCTY 0.19% have made progress in … As chief executive of Tesla, chairman of SolarCity and the biggest…
- MDL Watch: Viagra, Bair Hugger and Volkswagen cases heat up – Reuters: A newly formed multidistrict litigation over claims that Pfizer’s “little blue pill” Viagra causes melanoma more than doubled in size over the past month, …
- EU working with consumer groups to pressure Volkswagen for compensation – Reuters: The German carmaker has pledged up to $15.3 billion to compensate 475,000 owners of VW diesel-powered cars, but has so far rejected such calls …
- BRIEF-BYD’s unit to win bid for new energy buses for 1.5 bln yuan – Reuters: July 25 BYD Co Ltd. * Says unit expects to win bid for new energy buses for 1.5 billion yuan ($224.62 million) in Shenzhen. Source text in Chinese: …
- Indonesian dealers claim compensation as Ford pulls out – Just-auto: Ford dealers in Indonesia are demanding compensation following the carmaker’s announcement earlier this year to exit the market by the end of 2016, according to local reports.
- Smart City Cars to Become Delivery Stations in DHL German Test – Bloomberg: Smart cars will become delivery boxes for Deutsche Post AG’s DHL package operation in Germany this year in the largest test so far of the mail and…
- BMW to invest in Thai hybrid battery plant – Just-auto: BMW reportedly is considering spending THB2bn on a new battery plant for plug-in hybrid vehicles in Thailand, according to local reports, citing…
- New Mercedes-Benz E-Class Estate pricing revealed – Autocar: Mercedes-Benz’s new E-Class load-lugger starts at £37,935; deliveries to begin in October
- 2016 Lexus LS 600h L: The Synthetic Down Pillow Of Luxury Sedans – Forbes: That spontaneous remark caught me by surprise as it’s a phrase I never expected to hear from a rear-seat passenger in a Lexus – a Japanese…
- Kia Motors to finalise Indian factory location by next month: Report – Ibtimes: Kia Motors, South Korea’s second-largest automobile manufacturer and a subsidiary of Korean auto giant Hyundai, is reportedly close to identifying…