Top News:
- Musk Bets What’s Good For America Is Good For Tesla – Forbes: Elon Musk is still advising President Donald Trump on economic issues. He’s taking some heat for that with customers but has chosen to stand his ground, arguing on Twitter: “Activists should be pushing for more moderates to advise (the) president, not …
- Fiat Chrysler Automobiles allowed to skip emissions tests in Italy – Autocar: Reports suggest an Italian emission-cheating investigation allowed FCA to skip tests designed to catch cheat devices
- Volvo Throws Down the Gauntlet to Luxury Rivals – WSJ: Volvo Car Group forecast record sales in 2017 after profit surged last year on strong demand in the U.S. and China, as the Chinese-owned auto maker…
- Honda muscles into No. 2 spot among automakers in Indonesia – Nikkei: Japanese car maker Honda Motor jumped to the No. 2 position in Indonesia’s auto sales last year, shouldering out Daihatsu Motor, which…
- BRIEF-Volkswagen’s Skoda Auto chief designer Kaban leaves for BMW – Reuters: MOSCOW, Feb 8 Russian President Vladimir Putin will meet Volkswagen Chief Executive Matthias Mueller in Moscow later on Wednesday, Kremlin …
- South Africa targets auto sector with fuel cell plant – Reuters: The number of vehicles using fuel cells has grown rapidly as car-makers including Toyota, Honda, Hyundai and Daimler invest in technology to cut …
- Tesla may launch in India this summer – Musk – Reuters: Electric car maker Tesla Inc may enter the Indian market this summer, Chief Executive Elon Musk tweeted on Tuesday.
- The Volvo numbers that really stood out – Automotive News: Volvo’s latest financial results were full of positive numbers but a couple really stood out. “Cash flow is maybe the most important slide in the…
- 2018 Porsche Macan – SUV to get new turbocharged V6 petrol engines – Autocar: Porsche’s facelifted sporty SUV gets a new range of turbocharged V6 petrol engines co-developed with Audi, plus cosmetic tweaks
- Renault-Nissan Nears GM Global Sales After Ghosn’s Japan Rescue – Bloomberg: Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. combined delivered 9.96 million vehicles last year, the alliance said in an e-mailed…
- Mercedes gears up to say ‘goodbye’ to the G-Wagon – Yahoo: To mark the 38th and final year of production of the current-generation G Class SUV, Mercedes is set to unveil a very special drop top edition at the…
- Subaru parent’s earnings fall on Takata costs, incentives, currency – Automotive News: The maker of Subaru vehicles said spiraling warranty costs, higher incentives and big foreign exchange rate losses sent operating profit plunging 35 percent in the latest quarter.
- BRIEF-Avis Budget Group signs agreement with Uber Technologies – Reuters: has signed an agreement with Uber Technologies, Inc
- Volvo Cars posts strong earnings on record sales – Yahoo: Swedish carmaker Volvo Cars, owned by Chinese group Geely, said Wednesday it posted a healthy profit rise in 2016, boosted by…
- Will Trump short-circuit the electric car market? – CBS News: President Donald Trump’s nominee to head the Environmental Protection Agency has said he wants to review tough federal gas mileage and greenhouse gas standards for 2025 that were set up under President Barack Obama. One effect of a rollback could…
- Russian car sales fall 5 pct y/y in January – AEB – Reuters: … hurry to do so,” said Joerg Schreiber, chairman of the AEB Automobile Manufacturers Committee.
- Toyota caught between Trump and a pledge to Japan – Nikkei: At any rate, succumbing to Trump and boosting production in the U.S. would lead to a decline in production in Toyota’s home country. This has the…
- BRIEF-Renault-Nissan alliance delivers significant growth in 2016, extends electric vehicle sales … – Reuters: Groupe Renault’s sales were up 13.3 percent to 3,182,625 vehicles in 2016 for the last year of the “Drive the Change” plan. * Nissan Motor Co.
- Geely’s Volvo Car Group upbeat on 2017 after earnings jump – Reuters: Samuelsson told he expected profitability to stay at a “very strong level” this year as the automaker continued to replace older models with the …
- Hyundai may source car batteries from China amid political tension – Reuters: Hyundai Motor said on Wednesday it may procure electric vehicle batteries from Chinese companies for a planned China model after South Korean battery makers failed to make a list of approved vendors last year.
- Volvo CEO predicts 4th straight year of record sales – Automotive News: Because of high demand for the XC90 (shown), SUVs accounted for 52% of Volvo’s global sales last year. Samuelsson, shown, expects that number…
- Changan Auto sells 3m cars in record year – Nikkei: Changan Automobile executives attend a ceremony in December at its flagship Chongqing plant to celebrate sales of 3 million cars in 2016.
- Volkswagen to abandon small diesels in favour of mild hybrids – Autocar: Volkswagen has halted development of a new turbocharged 1.5-litre four-cylinder originally scheduled for introduction in 2018 in the upcoming…
- Geely’s Volvo sees record sales in 2017 as new models spur demand – Reuters: … Operating earnings at Volvo, bought by Zhejiang Geely Holding Group Co.
- Subaru maker Fuji Heavy raises profit forecast, says watching US policy – Reuters: Fuji Heavy Industries Ltd (FHI)’s Subaru logo is seen on a wheel of a car … Analysts polled by Thomson I/B/E/S/ have forecast a net profit of …
- Trump lashes out at Toyota even as local production hits record high – Nikkei: The results showed the company’s U.S. production has reached the highest-ever level, which should mean Toyota has increased its hiring locally.
- Audi spotlights gender pay equality – Automotive News: In the latest new spot to top our weekly viral video charts, Audi shows a meaningful moment between a daughter and her father.
- German Automakers Step Up to Silicon Valley Challenge – New York Times: Daimler, the maker of Mercedes-Benz cars and trucks, has similarly been investing in digital alternatives. Of the three automakers, it has also been the…
- Honda and Hitachi To Jointly Build Electric Motors For Themselves And Others – Yahoo: Honda and Hitachi are creating a joint venture company supplying electric vehicle motors to meet growing demand and strict vehicle emissions…
- How South Korea Plans To Put Driverless Cars On The Road By 2020 – Forbes: The race is heating up to launch self-driving cars worldwide, and Asia is off with a jolt as some 10 million driverless cars are predicted to hit the roads…
- This New Electric Sports Car Goes Up To 160 MPH – Forbes: Even though it’s still crowdfunding, the new electric sports car, Tomahawk is checking all the right boxes. Canadian newcomer Duboc Motors has…
- Toyota, Suzuki to ally as vehicle tech push accelerates – Detroitnews: Tokyo – Japanese automakers Toyota and Suzuki, which began discussing a partnership in October, said Monday they would work together in…
- Honda bets on tie-up to catch up in e-vehicle race – Nikkei: Honda Motor, a latecomer to the electric-vehicle race, will team with Hitachi Automotive Systems in hopes of playing catch-up.
- VW to spend $2 billion on zero emissions efforts – Freep: Volkswagen was forced to allocate the money toward the development of electric vehicle infrastructure as part of a federal civil settlement and…
- EXCLUSIVE-Italian diesel probe omitted key tests for Fiat Chrysler models – Reuters: The Italian report may raise questions for Fiat Chrysler (FCA) as it faces a U.S. criminal investigation for alleged emissions manipulation and German …