Top News:
- Ex-Volkswagen CEO denies early knowledge of diesel emissions cheating – Reuters: Former Volkswagen Chief Executive Martin Winterkorn on Thursday declined to tell German lawmakers when he first learned about systematic exhaust emissions cheating but said it was no earlier than VW has officially admitted.
- Paris to introduce anti-pollution sticker scheme – Autocar: UK drivers could face pollution fines in Paris if they fail to display an anti-pollution sticker in their car’s windscreen
- China’s Future Mobility plans $1.7 bln yuan electric car factory in Nanjing – Reuters: China’s Future Mobility plans $1.7 bln yuan electric car factory in … The company said vehicles produced at the Nanjing plant will be sold …
- Britain says auto industry is a key sector, looking to ensure best EU market access – Reuters: Britain’s car industry is a key part of the economy and the government is looking to ensure the best possible EU market access for all of the country’s important sectors, Prime Minister Theresa May’s spokesman said on Thursday.
- Volkswagen to make first cars with China’s JAC by 2018 – Reuters: REUTERS/Mark Blinch … Heizmann also said Volkswagen expected the Chinese auto market to grow at a slower pace of five percent in 2017, the …
- Volkswagen sees China’s auto market sales expanding 5 percent in 2017 – Reuters: A Volkswagen logo is pictured at the newly opened Volkswagen factory in Wrzesnia, Poland, September 9, 2016. REUTERS/Kacper Pempel/File …
- China EV Startup Future Mobility to Build $1.7 Billion Factory – Bloomberg: s Infiniti among its founding shareholders, said it will spend 11.6 billion yuan ($1.7 billion) to build a factory for electric vehicles in China as the startup…
- This Electronics Giant Wants to Become Much Better Friends with Tesla – Fortune: Panasonic (pcrfy) aims to extend its partnership with electric car maker Tesla Motors (tsla) beyond batteries and into self-driving technology, as the…
- The Tiguan L Is The Volkswagen Allspace For China – Forbes: The new Volkswagen Tiguan L has been launched on the Chinese car market. The L is a long-wheelbase variant of the Tiguan SUV.
- China’s BYD plans to sell passenger cars in US in 2-3 years: executive – Reuters: N), specializes in electric and plug-in petrol-electric hybrid vehicles. At present, its U.S. presence is limited to producing buses and selling fleet … Automaker GM adapts $1 billion recipe for “tough” Indian market – sources – Reuters: After an 18-month review, General Motors Co is nearer to resolving a raft of issues that have hobbled its $1 billion strategy for India, one of the fastest growing emerging markets for automobiles.
- Sell Samsung SDI: China To Slash EV Battery Prices, Warns Morgan Stanley – Barrons: Electric vehicle battery supplier Samsung SDI (006400.Korea) tumbled 4% on Thursday after Morgan Stanley warned that China may cut vendor…
- Takata’s remaining bidders to seek court-led turnaround in Japan – Reuters: REUTERS/Toru Hanai/File Photo … for the Japanese operations of the troubled auto parts maker, the business daily reported on Thursday.
- Lotus SUV could challenge Porsche Macan from 2022 – Autocar: Lotus’s first SUV, as imagined by Lotus’s first SUV is under development; brand aims for it to be lighter and more dynamic than rivals
- California Warns of Break From Washington on Clean-Air Rules – Bloomberg: …. Elon Musk, chief executive officer of electric-car maker Tesla Motors Inc., … As the biggest auto market among U.S. states, California has the market … arguing in part that these vehicles are easier to sell than battery-only cars and still help promote investment in batteries and electric motors.
- VW freezes Audi deal with China’s SAIC Motor – Nikkei: Volkswagen will hold off on producing and selling Audi cars together with China’s SAIC Motor for now, after existing partner FAW…
- Tesla to build motors, gearboxes in Gigafactory – Automotive News: The Gigafactory is a vital component of Tesla’s strategy to become a large-scale vehicle manufacturer, producing 500,000 vehicles annually by 2018.
- General Motors (GM) to Launch 18 Vehicles in China This Year – Yahoo: In order to drive growth in China, General Motors Company GM plans to … SAIC-GM’s battery assembly plant in Shanghai will also start battery pack…
- Renault-Nissan chief ready for Trump Twitter blast – Reuters: The world’s big automakers are a frequent target of Donald Trump’s Twitter feed. Renault-Nissan Alliance Chairman and CEO Carlos Ghosn says he’s …
- GM settles ignition-switch disclosure case with SEC – Automotive News: General Motors today said it will pay a $1 million fine to settle an … The SEC said deficient internal accounting controls hindered GM from…
- Ghosn on the Future of the Auto Industry – Bloomberg: Renault-Nissan Chairman and CEO Carlos Ghosn discusses his outlook for auto manufacturing post-Brexit and under a Trump administration.
- Volkswagen won’t make Audi cars with SAIC in China before 2018 – Reuters: DE) said on Wednesday it would not produce or sell any Audi cars with … for sales and production and so on,” an Audi spokeswoman told .
- JSW Group Plans Venture Into Electric Cars by 2020 – Bloomberg: Sajjan Jindal, chairman at JSW Group, talks about plans to move into electric cars by 2020 as the company expects support of the venture from India’s…