Top News:
- Dramatic Nissan BladeGlider concept returns – Autocar: Innovative electric sports car has now been engineered as a fully working prototype with the help of Williams Advanced Engineering
- Musk criticizes California board over emission credits standards – Automotive News: Tesla CEO Elon Musk hammered the California Air Resources Board over its emission credits program, saying the standards need to be raised. It was a rare public tirade against an agency that has done more than any other state in the U.S.
- GM’s July Sales Soar in China – Detroit Bureau: While some are concerned about U.S. sales slowing down, GM enjoyed a strong July in China as sales soared 18%. Find out more at TheDetroitBureau.com.
- Jaguar, Land Rover, Volvo Gaining on Luxury Leaders – Detroit Bureau: For the first time in a decade, the luxury car leaders like Mercedes, BMW and Lexus are being challenged for sales.
- Mitsubishi XM concept previews 2017 crossover MPV – Autocar: New crossover MPV, due next year, will be influenced by Japanese brand’s latest concept; name comes from X for crossover and M for MPV
- FCA Stock Rockets on News of Possible Sale – Detroit Bureau: Rumored talks of the sale of Magneti Marelli by Fiat Chrysler sent the stock soaring on both sides of the Atlantic Ocean. Find out why at TheDetroitBureau.com.
- Datsun Go, Go+ Style edition launched; Price, features, all you need to know – Ibtimes: Datsun India launched special editions to its Go hatchback and Go+ MPV, christened as the Style Edition. Both the vehicles have been priced at Rs. 4…
- Tesla Loss Widens as Costs Rise, Deliveries Fall Short – WSJ: Tesla’s loss widened in the second quarter amid higher costs, but the company stuck to an ambitious plan that calls for building nearly 80,000 cars in 2016 and pulling forward a cheaper sedan aimed at the mass market.
- Toyota Revises Down Full-Year Earnings Projection – WSJ: Toyota revised down its full-year earnings projection after first-quarter net profit tumbled 14.5% on a strengthening yen and as the Japanese auto maker plays catch-up with changing U.S. consumer tastes.
- Crossovers and SUVs ruled July US sales – Just-auto: US ight vehicle sales squeaked by with a 0.5% gain in July, totalling just over 1.5m and beating last July’s total by 7,760 units.
- Tesla reports losses of PS220 million for second quarter of 2016 – Autocar: As well as the losses, sales and deliveries were lower than predicted; Gigafactory 1 is now 14% complete
- Video: Aston Martin Vulcan – PS1.8m, 820bhp hypercar driven – Autocar: Join Matt Prior as he tests the incredible Aston Martin Vulcan hypercar at Silverstone
- Google’s Driverless-Car Czar on Taking the Human Out of the Equation – Bloomberg: The driverless cars we’re working on now are consistent with those … When you’re hurtling down the road at 60 miles an hour in a two-ton vehicle?
- Toyota slashes full-year operating profit, sees 44% drop – Nikkei: Toyota Motor reported a 14.5% slide in net profit for the three months ended in June as a stronger yen took its toll, forcing the company to cut…
- Job Cuts Loom as Daimler’s Mytaxi Merges With London’s Hailo – Bloomberg: The merger of U.K. taxi-hailing app Hailo with Daimler AG’s Mytaxi will cut as many as 50 jobs at Hailo headquarters in London, Chief Executive…
- Toyota Cuts Its Full-Year Forecast in the Face of a Stronger Yen – Fortune: Toyota Motor TM 0.09% cut its full-year forecast for operating profit, expecting it to fall 44% from a year ago as the Japanese automaker expects to take…