Top News:
- Canadian Auto Workers Warn GM Strike is Coming – Detroit Bureau: GM could face a punishing strike in Canada this fall unless it agrees to make a firm commitment to invest in the Oshawa assembly complex and St. Catherine’s engine plant the union said. Get details at TheDetroitBureau.com.
- Saipa sets up parts team as fruits of Citroen JV – Just-auto: Saipa says it has established a special division specifically to examine exporting Iranian parts as the positive fall-out from Tehran’s readmission to the international business community gathers pace.
- Sumitomo to sell fuel cells for CVs – report – Just-auto: Sumitomo Corp. will reportedly start selling fuel cells for commercial vehicles through a partnership with California-based manufacturer US Hybrid, according to a report.
- The Dirty Little Secret of Finance: Asymmetric Information – Bloomberg: In finance, however, these tools have often proven to be less reliable than for cars, houses or other products. Taking complicated credit products to a…
- Mitsubishi’s rival to Hyundai Tucson spotted in tests – Automotive News: Mitsubishi’s newest crossover has been spotted undergoing tests in the California desert, signaling that the troubled automaker is moving ahead with…
- Mercedes outpaces BMW, Audi in July to keep luxury sales lead – Automotive News: Mercedes-Benz brand kept its lead among luxury automakers in July after vehicle sales increased at a faster pace than its German…
- Daimler teases Mercedes-Maybach concept – Just-auto: Daimler has used Facebook to partially reveal a Mercedes-Maybach concept which will be a world premiere at the 2016 Pebble Beach Concours…
- Porsche and JLR reportedly clash over Silverstone purchase – Autocar: Silverstone
- Mercedes-Benz Stays on Course to Win 2016 Sales Crown From BMW – Bloomberg: Deliveries by Mercedes jumped 12 percent to 1.17 million vehicles in the first seven months of the year, compared to a 5.6 percent increase for BMW…
- VW’s Audi posts 2.3 percent rise in July sales – Reuters: Audi’s global sales increased to 149,400 cars and sport-utility vehicles from 146,073 a year earlier, the Ingolstadt-based carmaker said on Thursday, …
- Tesla’s Autopilot Scrapes Up Against Its Chinese Translation – WSJ: “As clearly communicated to the driver in the vehicle, Autopilot is an assist feature that requires the driver to keep his hands on the steering wheel at all…
- Nissan Europe sales boss sees SUVs outselling traditional body styles before 2020 – Automotive News: Nissan has been a big beneficiary of Europe’s growing affection for SUVs and crossovers. Led by the Qashqai, Europe’s best-selling crossover, SUVs…