Top News:
- Autonomous Vehicles: “Zero Human Intervention Is Still Several Years Away.” – Forbes: Though opinions vary, it is hypothesized that we will be safer in autonomous vehicles (AKA self-driving cars). And while we would really need…
- Ford’s Dozing Engineers Side With Google in Full Autonomy Push – Bloomberg: As Ford Motor Co. has been developing self-driving cars, the U.S. automaker has started noticing a problem during test drives: Engineers monitoring…
- It’s Do or Die in Europe’s Mass Market for Cars – Bloomberg: s neglected regional business may be the best chance Peugeot, Citroen and Opel have to thrive. Buying Opel and its sister brand, Vauxhall, would…
- Comment: Why the Aston Martin AM-RB 001 is practically a racing car – Autocar: The three main partners involved in Aston Martin’s ambitious AM-RB 001 project are all motorsport specialists; this bodes very well
- Will cockpits of tomorrow require one-stop suppliers? – Automotive News: Adient and Faurecia are locked in a race to produce complete cockpits for self-driving vehicles, and there is some irony in that. To reduce…
- German govt has spoken to PSA and GM over Opel – econ ministry – Reuters: German government representatives have met with bosses at General Motors and Peugeot regarding talks between the two carmakers on the French group buying GM’s European arm Opel, a spokeswoman for the German economy ministry said on Friday.
- Opel labor chiefs say prepared for constructive talks with PSA – Reuters: Workers’ representatives of General Motors’ European arm Opel are prepared to hold “constructive” talks with prospective new owner PSA Group if the French group buys Opel, known as Vauxhall in Britain, they said on Friday.
- BRIEF-Fitch downgrades Rolls-Royce to ‘A-‘; outlook stable – Reuters: * Fitch on Rolls-Royce Holdings- downgrade reflects view that Rolls-Royce will achieve a weaker than expected recovery in its key credit metrics
- France pledges daily contacts with UK, Germany on PSA-Opel – Reuters: … sale of General Motors’ Opel division to Peugeot maker PSA Group in close daily …
- Opel to remain independent firm in possible PSA deal: Manager Magazin – Reuters: The logo of German car manufacturer Opel is pictured at the compnay headquarters in Ruesselsheim , Germany February 15, 2017. REUTERS/Ralph …
- ArcelorMittal, SAIL’s India joint venture talks at an impasse – sources – Reuters: A proposed joint venture between state-owned Steel Authority of India Ltd and ArcelorMittal SA to build an $897 million automotive steel plant in India has hit an impasse, with the two disagreeing on key terms, officials said.
- Aston Martin looks to leverage Daimler technology without being bought – Automotive News: Andy Palmer laid out the Aston Martin’s plan for the next few years, which will involve introducing seven new products over each of the next seven…
- Hyundai gives i30 a tech boost – Automotive News: The i30’s new front-end design will appear across the brand’s range. It has a reworked hexagonal grille with a concave element, which Hyundai calls a…
- How sour dealer relations wreaked havoc on Audi’s China sales – Automotive News: Audi has lost its premium sales lead in China as the brand was finally overtaken last month by rivals Mercedes and BMW. Audi attributed this loss to its dealers, but it has only itself to blame.
- Audi China Dealers Demand $4 Billion to Cover Sales Losses – Bloomberg: Audi dealers in China are demanding 28 billion yuan ($4 billion) to cover losses over the past three years that they blame on the automaker adding…
- Britain says PSA bosses wish to build on Vauxhall’s success – Reuters: Bosses at the Peugeot-maker PSA Group have told the British government they would seek to build on the strengths of the Vauxhall car business if they succeed in buying its parent company, Opel.
- BRIEF-Peugeot invests 200 mln euros in Sochaux plant upgrade – Reuters: LONDON The decline of Britain’s biggest gas storage site and the lack of new-build to replace it will increase dependency on imports over the next few …
- Where Flying Cars Might Take Us – Bloomberg: I’ve always thought that the fastest way to get flying cars would be to spread rumors that China built one first. Well, Dubai’s Roads and Transport…
- BRIEF-R&I affirms Nissan Motor Co Ltd’s rating at “A+” and changes outlook to positive from stable … – Reuters: NEW YORK Demand for frac sand has surged in recent weeks as U.S. producers rush back to the oil patch, stoking concern that supplies of the key …
- Japan January exports seen up for second straight month – Reuters: Shipments of auto parts and electronic parts are expected to have contributed to export growth, while a weak yen and commodity price recovery likely …
- Historic Daytona win redefines Cadillac – Detroitnews: In winning the elite 24 Hours of Daytona, Cadillac race is transforming itself into a 21st-century performance brand
- Lexus LS boasts of safety functions – Guardian: The new-generation 2018 Lexus LS makes a design breakthrough for the brand with curvaceous lines and an aggressive front end. But the car’s chief…
- Auto union courts Tesla workers, amplifies ‘buy American’ message – Reuters: Auto union courts Tesla workers, amplifies ‘buy American’ … plans to boost efforts to convince U.S. consumers not to buy vehicles built in …
- Germany urges fair business environment for its carmakers in China – Reuters: REUTERS/Carlos Barria … By 2020, China wants 5 million plug-in cars on its roads. … SS) to explore making electric vehicles in a new joint venture.
- Analysis: how PSA could make Opel profitable again – Autocar: General Motors Europe has been losing money since 1999, but there could be some ways to turn the Opel brand around under PSA ownership
- Automakers boosting output in the Philippines – Nikkei: The Philippines’ auto manufacturing sector is kicking into higher gear as Japan’s Mitsubishi Motors prepares to launch a new production…
- Uber’s former strategist fined $90,000 for violating lobbying law – Reuters: Chicago’s ethics board voted unanimously to fine Uber Technologies Inc’s former strategist, David Plouffe, $90,000 for illegally lobbying in the city.
- Tesla Has An ‘Unneeded Distraction’ – Barrons: A skeptical analyst thinks SolarCity could be a drag on Tesla’s results. … Since then, Tesla has dropped the word Motors from its name, emphasizing…
- EPA Workers Try to Block Pruitt in Show of Defiance – New York Times: Employees of the Environmental Protection Agency have been calling their…
- California man severely injured by car thief during chaotic Oroville Dam evacuation – CBS News: A 33-year-old man was hospitalized with severe head injuries suffered when someone stole his father’s pickup truck during the chaotic…
- GM’s Opel, Peugeot lagging rivals in strong European market: ACEA – Reuters: General Motors (GM.N) and PSA Group (PEUP.PA) posted weaker European sales in January than any other major carmaker as they discuss …