Top News:
- Self-driving start-up set to roll out first laser sensors – Reuters: … Russell said Lidars for self-driving cars on the market were developed from hardware that …
- A 22-Year-Old CEO Has A Vision For Making Self-Driving Cars A Reality – Forbes: As a teenager, Austin Russell started thinking about creating better 3D imaging technology while spending his last couple years of high school at the…
- Ford first-quarter China sales slump more than one-fifth as tax cut rolled back – Reuters: Ford Motor Co said on Thursday that its China vehicle sales fell by 21 percent in the first quarter compared with a year ago, after a tax cut on small-engined vehicles was rolled back.
- Volvo will build first EV in China for export, sources say – Automotive News: Volvo will build its first full-electric car in China, sources told Europe ahead of an official announcement planned for the Shanghai…
- Uber CEO’s iron grip poses challenge in COO search – Reuters: Help Wanted: A chief operating officer to help change a Silicon Valley giant’s now-notorious “bro” culture, but who can thrive in a power dynamic that hands the boss overwhelming control.
- RPT-Self-driving ‘arms race’ complicates supplier alliances – Reuters: The race to develop and exploit autonomous vehicle technology is reshaping the hierarchy of the automotive industry, replacing traditional top-down manufacturing relationships with complex webs of alliances and acquisitions.
- Most extreme Porsche 911 GT2 due this year with 700bhp turbo engine – Autocar: The next Porsche 911 GT2 RS will be the most powerful and extreme road going 911 produced yet when it arrives in the coming months Maddest 911 road car is expected in the coming months; it’s been spotted testing at the Nürburgring with new intakes
- Uber reportedly used secret software called ‘Hell’ to track rival Lyft drivers – CNBC: Uber used the app between 2014 and 2016 to try and steal drivers from Lyft.
- Race for primacy in self-driving cars heats up in Asia – Nikkei: Japan’s push to become Asia’s leader in self-driving cars got a boost Thursday, when the authorities unofficially approved the testing of…
- Uber resumes ride-hailing service in Taiwan after talks with authorities – Reuters: Uber Technologies Inc said it will resume its ride-hailing service in Taiwan on Thursday after “constructive talks” with island authorities, ending a two-month suspension that came after mounting fines from the government.
- Driverless cars will make our roads safer, says Oxbotica co-founder – Guardian: That could mean picking up groceries from the supermarket or driverless goods vehicles in warehouses or self-driving “pods” at airports, he says.
- Howes: No stinkin’ electric cars for muscle-bound NYC – Detroitnews: Judging by the stock-market hysteria surrounding Tesla Inc.’s bid to become America’s most valued automaker, you’d think electric cars are the only…
- Kia adds a hybrid crossover to its mix – Detroitnews: 2017 Kia Niro goes up against the Prius V and RAV4
- Lucid Air and Jaguar I-Pace take on Tesla – Detroitnews: Two luxury EVs could steal customers from Tesla
- BRIEF-Ford says March China vehicle sales -21 pct y/y – Reuters: * March China vehicle sales total 90,457 units, -21 percent y/y, versus +2 percent in Feb
- Lamborghini Claims Production Car Nurburgring Record With Huracan Performante – Forbes: At an evening event during the 2017 New York Auto Show, Italian sports car builder Lamborghini introduced one of its fastest cars yet in the form of the…
- ASEAN and Japan aim to foster startups in Southeast Asia – Nikkei: Suzuki said more than 20 companies in the region had raised at least $10 million since October 2015, including Indonesia’s popular ride-hailing app…
- Automakers to feed SUV craze with small to large utes – Detroitnews: New offerings coming from Volkswagen, Subaru,
- Hyundai unveils all-new Genesis concept SUV in New York – Yonhap: Hyundai Motor Co., South Korea’s dominant carmaker, has unveiled a concept SUV under its Genesis luxury brand at the…
- Musk Promises Two New Directors for Tesla Amid Shareholder Criticism – WSJ: Tesla Chief Executive Elon Musk on Wednesday suggested the Silicon Valley auto maker plans to add two independent directors, responding to pressure from a group of shareholders complaining about the electric-car company’s governance. The criticism…
- GM up for Calif. tax credits for expansion and hiring – Detroitnews: If incentives are approved, GM would hire 1,100 and invest $14 million in technology efforts near San Francisco
- Einhorn Ratchets Up GM Pressure – WSJ: Investor David Einhorn ramped up pressure on General Motors Co. to split its common stock into two classes, proposing candidates for the company’s board and disputing criticism of its earlier proposal.
- Elon Musk just fired back at the investors who want Tesla to shake up its board – Yahoo: Tesla CEO Elon Musk fired back at a group of investors who are calling on … chief financial officer of SolarCity, which Tesla acquired last November.
- GM Idling Truck, SUV Factories 10 Weeks to Retool for New Models – Bloomberg: General Motors Co., drawing attention with elevated inventory levels in the U.S., said it’s been building supply because several plants will spend a…
- GM exec on Tesla value: ‘We look at… delivering’ – Detroitnews: That’s the viewpoint of Mark Reuss, General Motors Co.’s executive … Last week, Tesla jumped Ford Motor Co. in the valuation of outstanding shares.
- Peugeot Sets Sights on U.S. Car Market – WSJ: Peugeot, on the heels of acquiring GM’s Opel unit in Europe, plans to take on the Detroit auto giant in its own backyard. The catch is it could take a decade to get there.