Top News:
- Tesla And China: What The Electric Car Maker Can Learn From Porsche – Forbes: In autos, as in almost every other industry, China is now the largest market in the world. At the same time, China is also one of the most difficult markets…
- Volvo will go all electric by 2019, drop traditional engines – CBS News: In Volvo’s view, the combustion engine is going the way of tailfins and ashtrays. Volvo will begin producing electric motors on all its cars from 2019,…
- Baidu Head Takes Self-Driving Car to Beijing AI Conference – WSJ: Self-driving cars may be the future of personal transportation, but they are still forbidden on the crowded streets of China’s capital city-as Baidu Chief Executive Robin Li was reminded Wednesday.
- Daimler, BAIC to invest $735 million in electric vehicles in China – Reuters: Germany’s Daimler and its Chinese joint venture partner BAIC Motor Corporation have agreed to jointly invest 5 billion yuan ($735 million) in battery electric vehicle production in China by 2020 and to provide the infrastructure needed.
- GM Korea head to resign – Automotive News: James Kim is leaving GM’s South Korean unit amid falling demand and a … After a year and a half at the helm, the CEO of General Motors’ massive…
- Aston Martin CEO: customers banned from selling Valkyrie build slots – Autocar: Andy Palmer pledges to delete reservations if customers are caught trying to ‘flip’ their hypercar
- BRIEF-Group 1 Automotive acquires UK dealership group – Reuters: * Group 1 Automotive acquires significant uk dealership group
- Volvo Just Said Goodbye to the Traditional Car Engine – Fortune: All Volvo car models launched after 2019 will be electric or hybrids, the Chinese-owned Swedish company said Wednesday, making it the first major…
- Volvo, Betting on Electric, Moves to Phase Out Conventional Engines – New York Times: FRANKFURT – Volvo Cars said on Wednesday that all the vehicle models it introduces from 2019 will be either hybrids or powered solely by…
- Renault-Brilliance deal seeks to tap China van growth – Reuters: FILE PHOTO: Workers check a car at Renault’s assembly plant in Wuhan, Hubei province, China, February 1, 2016. REUTERS/Darley Shen/File Photo.
- Go Long Chicken Wings: The Hunt for Driverless-Car Winners Is On – Bloomberg: When analysts at Morgan Stanley were trying to handicap the driverless car race, their thoughts kept turning to chicken wings. And the Disney film…
- Bosch developing computer ‘brain’ for autonomous vehicles – Autocar:
- 2018 Nissan Leaf confirmed with Propilot Park tech – Autocar: The next-gen car is expected to have a 340-mile range Design will take influence from the Micra; it’s confirmed to be available with Nissan’s Propilot autonomous system
- Avis’s car-sharing service Zipcar quits Austria – Reuters: Zipcar, the car-sharing service of auto group Avis, will exit Austria by Aug. 6 after five years, a spokeswoman said on Wednesday, adding customers would be offered refunds for fees already paid beyond that date.
- Spy Picture of the newly-released Geely car model is exposed – Automotive News: Currently, a group of newly-released Geely car model is exposed. It shows that the model is equipped with high-end interior decoration. Besides, the…
- Volvo and China Charge Up Electric-Car Drive – WSJ: The Swedish company’s historic move follows Beijing’s update to its electric-vehicle policy last month, designed to encourage more production of cars…
- Geely’s Volvo to go all electric with new models from 2019 – Reuters: All Volvo car models launched after 2019 will be electric or hybrids, the Chinese-owned company said on Wednesday, making it the first major traditional automaker to set a date for phasing out vehicles powered solely by the internal combustion engine.
- BMW X2 patents show it will retain concept looks for production – Autocar: X2 patents follow sightings of a prototype spotted testing on the Nürburgring with minimal tweaks to the concept’s design; an M-fettled version is coming, but no X2 M yet
- UK car sales continue to decline in June – Autocar: Diesel sales slumped again in June, whereas petrol and alternatively fuelled vehicles rose compared with last year
- She took on Tesla for discrimination. Now others are speaking up. ‘It’s too big to deny’ – Guardian: AJ Vandermeyden sued Tesla for discrimination and sexual harassment. She believes her firing was retaliation for raising concerns about workplace…
- Insight: why demand from China is spurring growth of electric car sales – Autocar: Here comes the EV avalanche… (click the image to enlarge) The take-up of electric cars in Europe and the US remains a trickle, but China’s push towards electrification is set to unleash a flood of new models over the next few years
- Volvo to Switch to Electric, in First for Major Auto Firm – WSJ: Volvo will become the first major auto maker to abandon the conventional car engine-technology that has powered the industry for more than a century. All new Volvo models from 2019 would be either fully electric or a hybrid.
- China private equity player GSR eyes stake in $9 billion Chilean lithium miner SQM: Sources – CNBC: GSR, an investor in clean technology and electric cars, met the Chilean government in April to discuss the potential purchase and was now moving…
- Geely’s Volvo to Sell Only Electric Vehicles from 2019 – Barrons: HK) revved up as much as 2.3% after subsidiary Volvo said it would sell only electric or hybrid vehicles from 2019 onwards. That marks the end of…
- Renault shares edge higher on new venture deal with Brilliance China Automotive – Reuters: Raindrops cover the logo of French car manufacturer Renault on a automobile seen in Paris, France, January 14, 2016. REUTERS/Christian …
- 2017 Bentley Continental GT prototype driven – Autocar: Bentley’s bo ffins tells us how they’re achieving it, then let him loose in a … started the platform work with Porsche a good year and a half before that.”.
- European Companies Flocking Into Tehran Widen Divide With Trump – Bloomberg: Volkswagen, which last sold cars in Iran 17 years ago, signed a deal with a local importer to offer Tiguan compact SUVs and the Passat family car at…
- UK new car sales drop around five percent in June – preliminary data – Reuters: British new car registrations fell by around 5 percent last month year-on-year and overall sales for the first six months of the year dropped by 1 percent, according to preliminary data from an industry body.
- Alpine A110 first ride: will it be a Porsche 718 Cayman beater? – Autocar:
- Baidu Snags 50-Plus Partners for its Apollo Driverless Car – Bloomberg: Baidu listed four Chinese carmakers, suppliers Robert Bosch GmbH and Continental AG and technology companies including Microsoft Corp. as part…
- GM China says sales rebound in June, promises 10 models in second half – Reuters: General Motors Co on Wednesday said sales rose in China in June after two consecutive months of decline, and promised to rebuild momentum in the world’s largest car market with 10 new or refreshed models in the second half of 2017.
- All Volvo models to become electrified from 2019 – Autocar:
- TomTom, Baidu to collaborate on maps for computer-assisted driving – Reuters: FILE PHOTO: A TomTom navigation device is seen in this photo illustration taken in Amsterdam, Netherlands, February 28, 2012. REUTERS/Robin …
- Daily briefing: Missile standoff, Volvo ditches petrol, San Francisco fires – FT: The stakes are getting higher and higher with North Korea. Pyongyang said its new intercontinental ballistic missile (ICBM) can carry a large nuclear…
- A Brilliant Chance at Reinvention – Bloomberg: For one, Renault is one of the few foreign carmakers with only one Chinese joint venture, limiting its business in the world’s largest car market.
- Opinion: is it too soon to make every car electrified? – Autocar: The Volvo XC90 T8 Twin Engine uses a plug-in hybrid Volvo will only offer electrified models in future, with its boss saying the firm wants to respond to customer demands. We consider whether it’s a good move
- BRIEF-General Motors June China vehicle sales +4.3 percent y/y – Reuters: * June China vehicle sales total 285,191 units, +4.3 percent y/y, versus -0.3 percent in May
- Baidu Enlists More Than 50 Companies For Open-Source Driverless Tech Project – Forbes: Pushing an open-source approach to self-driving vehicles with more than 50 partner companies may well help Baidu refine the technology faster and…
- Volvo to Roll Out Five Electric Cars By 2021 – Bloomberg: Volvo Car Group will offer a range of five electric cars by the start of the next decade, the latest manufacturer to woo customers to battery-powered…
- Volvo steers toward electrified future – Automotive News: Volvo will only offer electrified powertrains in models that it launches starting in 2019, a move that signals its intention to phase out the internal…
- Volvo to use electric motors in all cars from 2019 – FT: Tesla, which sold 76,000 cars last year, plans to produce 1m cars a year by 2020, yet at $58bn its market valuation is already larger than General Motors, which sold 10m cars last year. Tesla has garnered wild-eyed support from investors, who believe …
- Volvo signals end of internal combustion engine – FT: Volvo Cars announced that every model from 2019 onwards would have an electric motor, making it the first traditional carmaker to call time on…
- BRIEF-Baidu forms alliance to accelerate adoption of autonomous driving – Reuters: * Baidu forms alliance to accelerate adoption of autonomous driving
- Ghosn Boosts Renault Stake in China With Brilliance Venture – Bloomberg: … AG at two plants in Shenyang, including the 3-Series and 5-Series sedans, while Renault makes autos with Dongfeng Motor Group Co. in Wuhan.
- China’s Electric Cars Are Actually Pretty Dirty – Bloomberg: Encouraging as that may be, though, the move away from conventional cars and trucks won’t immediately reduce the country’s carbon emissions.
- Australia new vehicle sales surge to record in June – Reuters: Australian new vehicle sales jumped to a record in June, a second straight month of bumper results that augured well for consumer demand across the economy.
- BRIEF-Renault confirms new deal with Brilliance China Automotive – Reuters: Groupe Renault will purchase from CBA a 49% equity interest in Shenyang Brilliance JinBei Automobile Co., Ltd. (SBJ) with SBJ being restructured …
- CANADA: Ford, Honda, Nissan,Toyota GM rise, FCA dips – Automotive News: Three compact car nameplates that added new hatchback variants for 2017 – the Chevrolet Cruze, Honda Civic and Toyota Corolla – are all showing…
- CANADA: GM rises, FCA dips – Automotive News: Kia Canada’s sales were up 8.8 percent in June and the luxury brand Infiniti saw sales increase 25 percent. The 1,202 vehicles it sold represented the…
- New EU court blow to Uber over French taxi case – Reuters: Uber [UBER.UL] suffered a new setback in Europe on Tuesday when a European Union court adviser said France was entitled to charge local managers of the U.S. ride-hailing app firm with running an illegal taxi service.
- VW Resumes Iran Exports, Picks Mammut Khodro as Partner – New York Times: Volkswagen will start exporting cars to Iran next month, returning to the resurgent Iranian market after more than 17 years in a move that may help the German carmaker reduce its reliance on volatile markets such as China and Brazil …