Top News:
- ANALYSIS – Beijing bling: Hyundai plots China branding reboot after missile row – Reuters: Bruised by anti-Korean sentiment in its biggest market and losing ground to local automakers, Hyundai Motor will open its first Chinese brand store, and may locally assemble its premium Genesis cars and accelerate the launch of a sport-utility vehicle (SUV), people familiar with the plans said.
- Will Volkswagen’s New SUVs Finally Provide A Winning US Formula? – Forbes: The automotive world throws up some weird imponderables. How is it that Lexus sells high price premium vehicles in the U.S. and steals sales from…
- EU ministers agree car approval rules after dieselgate – Reuters: EU ministers agreed on Monday on draft new rules for approving cars for sale in order to prevent a repeat of the Volkswagen emissions scandal and giving the European Commission the power to fine cheating manufacturers directly.
- BMW factories hit by shortage of Bosch parts – Automotive News: BMW factories in Germany, China and South Africa have been forced to reduce production after supplier Robert Bosch was unable to…
- BMW factories hit by supply shortage – Automotive News: BMW was extending production halts in Germany to China and South Africa on Monday as the automaker grapples with a shortage of…
- Japan to finalise strategy for drones, self-driving trucks on June 9 – govt sources – Reuters: Japan aims to finalise on June 9 plans to allow package delivery by drone sometime from 2020 and the commercialisation of self-driving trucks by 2022, as it scrambles to breathe new life into its corporate sector, sources told .
- Half of us happy to switch to self-driving taxis – Nikkei: Results showed that 46% said they would not buy a car again if fully … Overall, 37% said they would consider buying an electric vehicle for their next car. … were the most likely to go electric, with 60% saying they would buy an EV,…
- Toyota Backs New Flying Car Project That Will Light Tokyo’s Olympic Flame In 2020 – Forbes: Japan’s auto companies have ambitious goals for the 2020 Tokyo Olympics. Industry heavyweights like Toyota and Nissan are planning autonomous…
- Mazda’s road to premium – Automotive News: CHICAGO – Mazda is a small child up against a professional sumo wrestler in terms of its place in the global automotive industry. At least that’s how…
- Subaru ‘pretty confident’ of another U.S. sales record – Automotive News: Subaru of America President Tom Doll wants Subaru’s younger employees to realize that one day setting sales records might not be this easy.
- Nissan’s Jose Munoz says there is money in fleet sales – Automotive News: NEW YORK – Jose Munoz was named chief performance officer for Nissan Motor Co. in late 2016, an assignment that makes him responsible for…
- Embattled FCA denies it cheated on diesel testing – Automotive News: The government’s civil suit over diesel compliance could cost cash-poor FCA more than $1 billion.
- Toyota CEO Akio Toyoda reaffirms U.S. commitment ahead of Camry launch – Automotive News: In an effort to dispel any doubt about how seriously Toyota takes its commitment to the U.S., CEO Akio Toyoda himself made an appearance at the…
- How Lotus can thrive under China’s Geely – Automotive News: China’s Geely, which is taking a majority stake in Lotus, is already making positive noises about revitalizing the product lineup of the underfunded…
- Subaru may electrify its existing nameplates – Automotive News: Subaru is considering installing electric powertrains in current nameplates rather than designing an all-new electric vehicle, CEO Yasuyuki Yoshinaga, told … “Providing the choice of an EV means the customer can still desire the…
- Volvo preps dressed-down interior for XC40 – Automotive News: The interior of the new Volvo XC40 shown in this spy photo reveals a simpler cabin without the wood trim of the crossover’s larger XC90 and XC60…
- BMW to challenge M-B S-class coupe, convertible with 8 series – Automotive News: BMW unveiled a concept of its revived 8 series that will become a new flagship coupe. The concept appears sleeker and sportier than the 6-series…
- GM’s finance focus shortsighted – Automotive News: As a General Motors retiree, I am gobsmacked at recent management … Now, the termination of GM sales in India and South Africa is equally inept…
- Hinrichs, Farley divvy up Ford operations – Automotive News: DETROIT – Ford Motor Co.’s revamped management structure installs two veteran executives in new, more powerful positions that could put one of…
- Bringing clarity to Ford’s mobility strategy – Automotive News: Ford Motor Co. has tapped a company veteran and information technology expert as its next head of mobility, a post left open by the promotion of…
- Volvo CEO the leader in likability – Automotive News: 1 on the list of 22 auto execs was Volvo CEO Hakan Samuelsson, who is so friendly that when you speak to him, you have to remind yourself that he is…
- China auto ABS motors ahead, despite bond slowdown – Reuters: Auto loan securitisations have continued to thrive this year in China, in contrast with the sharp decline in vanilla bond …
- Insight: why demand from China could spur growth of electric car sales – Autocar: The incentives to buy an electric car in the UK may have been reduced, but more and more people are still making the switch away from conventionally powered vehicles. So far this year, sales of ‘alternatively fuelled’ vehicles have accounted for around …
- Jaguar unleash XE SV Project 8 – Autocar: Jaguar Land Rover recently took the wraps off the super-sedan, which is set to be the most powerful road-legal Jaguar ever built. Powered by a…
- Takuma Sato Becomes First Japanese to Win the Indy 500 – Bloomberg: The Andretti family has struggled for decades to win this race, but as a car owner, Michael Andretti certainly knows the way to victory lane.
- BMW to Stop Production in China, South Africa on Shortage – Bloomberg: BMW AG is set to extend production halts in Germany to China and South Africa on Monday as the luxury-car maker grapples with a shortage of…
- Why outlandish one-off could be the future of Rolls-Royce – Autocar: The Rolls-Royce Sweptail is a bespoke one-off creation, designed by the firm in conjunction with a customer The Rolls-Royce Sweptail is a window into the world of the ultra-rich – and that’s why it could prove significant for the British marque