Top News:
- UK lawmakers demand more answers from VW over diesel scandal – Reuters: British lawmakers have written to Volkswagen seeking more answers from the German carmaker over the diesel emissions scandal, after criticizing the firm for failing to adequately respond to their queries so far.
- Wave of New BMW and Mercedes Models Threatens Lincoln and Cadillac – Yahoo: Among the reasons for the huge investment is competition with arch rival Mercedes, the global sales of which have moved ahead of BMW. The fallout…
- 2017 Volkswagen Touareg – new image reveals full front-end styling – Autocar: VW’s new large SUV targets the BMW X5 and Volvo XC90; it’ll get a more luxurious interior and evolved design
- BMW’s Hazard Lights Are Blinking – Bloomberg: Then there’s the fairly humdrum design of BMW’s recent cars when compared to Mercedes-Benz — read my colleague Elisabeth Behrmann here on…
- Uber expands international headquarters in Amsterdam – Reuters: The U.S. ride-hailing firm Uber Technologies Inc [UBER.UL] said on Wednesday it will move its international headquarters in Amsterdam to a larger building ahead of plans to increase staff to 1,000 from 400.
- Elon Musk slams Donald Trump’s NASA bill saying it does nothing to help mission to Mars – CNBC: Elon Musk has hit back at claims that President Donald Trump’s new NASA bill will be good for his space business.
- Great British Women in the Car Industry – Rising Stars nominations close 3 April – Autocar: Time is running out to get your nominations in for this year’s Great British Women in the Car Industry shortlist
- Trump Says Regulations Impede. Perhaps Not in the Electric Car Business – New York Times: And it’s happening now in cars. Vehicles powered by electricity keep getting better. Electric cars are getting less expensive, their range is increasing,…
- Fiat Chrysler shares fall after news of French emissions probe – Yahoo: Shares in Fiat Chrysler fell as much as 4 percent on Wednesday, pushed lower by news that French prosecutors have opened a…
- Volkswagen to hold investor call for euro comeback deal – Reuters: Volkswagen International Finance will hold a call with bond investors at 10:00am on Wednesday, according to a lead bank …
- Ginetta buys Blyton Park circuit ahead of Le Mans assault – Autocar: Yorkshire car maker will evolve the Gainsborough track to offer driving experiences with G40 Club model
- London Taxi Company opens Coventry plant for electric black cabs – FT: The first brand new automotive manufacturing facility in Britain for over a decade; the first dedicated electric vehicle factory in the UK; and the first…
- London Taxi Company opens £300m Warwickshire plant to build new electrified black cab – Autocar: The new plant is the first new vehicle manufacturing plant in Britain for more than a decade, and is also its first dedicated electric vehicle production facility
- This Automaker Is Climbing Chinese Sales Charts with Newly Doubled Profits – Fortune: China’s Geely Automobile Holdings posted its biggest profit growth in eight years on Wednesday, as improved product design and engineering…
- SUV sales drive record profit for Geely in 2016 – FT: Shares in Geely Auto clawed their way back into the black after the Chinese carmaker reported net profit rose more than 125 per cent in 2016 thanks…
- China’s Geely doubles earnings as Volvo tech boosts sales – Reuters: China’s Geely Automobile Holdings Ltd posted its biggest profit growth in eight years on Wednesday, as improved product design and engineering following its 2010 purchase of Sweden’s Volvo helped propel it to record sales.
- Labor Voices: Nissan rejects dialogue with workers – Detroitnews: Earlier this month, top executives at Nissan North America received a letter from supporters of the Mississippi Alliance for Fairness at Nissan…
- Renault’s dance move tames Dodge’s raging beast – Automotive News: Dodge unleashed it’s latest caged animal — the Challenger SRT Demon — in a new entry to our weekly viral video chart. But it’s wasn’t enough to tame the dance moves shown off in our highest-rated new video for the Renault Kwid.
- Airbnb is trying to do what Uber couldn’t: win China – CNBC: Airbnb announced Tuesday that it will double its investment in China, aiming to serve more Chinese travelers this year.
- Audi board to meet over recent raids, Stadler – Automotive News: Top officials at Volkswagen AG’s Audi division will meet next week to discuss a raid by German prosecutors on the carmaker’s premises last…
- Uber vows to change direction – Detroitnews: Even as it acknowledges past mistakes, Uber says the fallout hasn’t damaged its business yet
- Audi board to discuss prosecutor raids, CEO’s actions on March 29: sources – Reuters: Audi, its parent company Volkswagen (VOWG_p.DE) and Jones Day, the U.S. law firm hired by Audi and VW to investigate the emissions scandal that …
- The Porsche premium revs up to $17250 – Detroitnews: The Volkswagen AG brand delivered 238,000 of its sinuous vehicles last year and posted an operating profit of $4.1 billion, up 14 percent from 2015.
- BMW challenges Mercedes with new model offensive – FT: BMW aims to wrestle back the European crown from Mercedes-Benz, vowing to become the “number one” luxury car brand in Europe by the end of the…
- New Century Volkswagen advertises College Graduate Program – Yahoo: To help graduating and recently-graduated college seniors get a head start on life, Glendale dealership New Century Volkswagen is currently…
- Trader bets on more pain ahead for auto giant – CNBC: Auto stocks are taking a beating, and options traders are betting on more pain ahead for one in particular: Ford. Big auto names like Ford and GM are…
- UAW-GM and Non-Profit buildOn Partner to Combat Homelessness in Southwest Detroit – Yahoo: The UAW-GM Center for Human Resources (CHR) is the national … of the United Auto Workers International Union and the General Motors Company.
- Subscription-based car model gains traction in cities – Chicago Tribune: Already this year, General Motors Co. has announced a long-term alliance with … Both of GM’s programs are substantially more expensive.
- View Radio: Weekend Edition for the Week of 3-18-17 – Bloomberg: … “Bull Market Isn’t as Old as Some Seem to Think” Leonid Bershidsky, View columnist: “The Electric Car Rush Started Too Early.
- Tesla’s Handicap Now Looks Like an Advantage – Barrons: As General Motors rolls out the Chevy Bolt, dealers can’t seem to agree on … But now it looks like Tesla’s do-it-yourself strategy has some important…
- Porsche plays down impact of Piëch’s VW share sale – FT: Volkswagen’s controlling shareholder, Porsche SE, has played down the potential impact of the carmaker’s former chairman Ferdinand Piëch selling…
- Bearish Thoughts On General Motors Shares – Forbes: While higher interest rates might be a positive for financials, at the margin, however, it comes at a time when credit card debt levels are approaching…