Top News:
- Volkswagen manager told CEO about U.S. “cheating” in July 2015: media – Reuters: A former senior quality manager at Volkswagen has told investigators he informed then-CEO Martin Winterkorn on July 27, 2015, that the carmaker had “cheated” during emissions tests in the United States, German media reported on Friday.
- Tesla appears to be preparing a streaming music service called ‘TTunes’ – CNBC: New images have emerged that allegedly portray a streaming music service from Tesla, called “TTunes.” The images were provided to Tesla blog Electrek by an insider named “Green” who digs around inside of Tesla’s software. It’s not immediately known if…
- Tesla’s ‘long-haul’ electric truck aims for 200 to 300 miles on a charge – Automotive News: … 200 to 300 miles, has learned, a sign that the electric car maker is targeting regional hauling for its entry into the commercial freight market.
- Semi-automated trucks to hit UK roads by end of 2018 – Reuters: Britain will begin trials of semi-automated, wirelessly connected truck convoys on public roads by the end of 2018, in a bid to find more fuel-efficient ways to transport goods.
- Auto Repairs Pad US Dealers’ Revenue Amid New-Car Sales Slump – Bloomberg: Car dealers didn’t use to handle so much repair work. But when the auto market last contracted in 2008 and 2009, new-car retailers looking for a…
- Fiat Says It Reviews Strategic Proposals as Spinoffs Examined – Bloomberg: Fiat Chrysler Automobiles NV did little to quell speculation that the manufacturer is considering ways to streamline its portfolio to focus on mass-market…
- Turning the smartphone into a smart car key – Yahoo: And as innovative as Perfectly Keyless sounds, so far, the best alternative digital key system is Jaguar Land Rover’s Activity Key. It’s a slim waterproof…
- The UK Is Launching a Test of Self-Driving Truck Convoys – Fortune: The British government has announced £8.1 million ($10.4 million) in funding for a trial of self-driving trucks that operate in an automated convoy.
- Sales at Toyota’s Lexus brand slide in first-half as sedans suffer – Reuters: Toyota Motor Corp (7203.T) on Friday said its luxury Lexus brand suffered its first fall in half-year global sales in six years as …
- Tesla lorry to be revealed next month with 200 to 300-mile range – Autocar: The Tesla lorry has been part-revealed in a preview image shown during an interview with TED Tesla CEO Elon Musk has shown the brand’s upcoming lorry in an interview with academic media outlet TED
- Ford to Look Beyond Credit Scores in Sales Push – WSJ: The move by Ford Motor Co.’s financing unit is expected to unfold in coming years, even as concerns mount about rising auto-loan losses in the…
- Can’t Afford to Buy a $3 Million Ferrari Enzo? Lease One Instead – New York Times: Aston Martins at the Putnam Leasing showroom in Greenwich, Conn. Not everyone can afford to buy a collectible supercar, but for some, leasing them…
- Shai Agassi And A Better Place, A Greek Tragedy – Forbes: To recap, Shai Agassi was a successful software entrepreneur who wanted to better the planet and came to the conclusion that electric vehicles was…
- Auto sector slips in Q2 – Automotive News: Renault was the only vehicle manufacturer that recorded a rise in shareholder value during the second quarter, but that gain was just 1.1 percent.
- Self-driving lorries to be tested in UK next year – FT: Britain will begin testing convoys of self-driving lorries on public roads late next year, more than two years after similar tests were carried out across…
- Why it makes sense for Great Wall to buy Jeep – Automotive News: Last week, three other Chinese automakers — Geely, Dongfeng Motor Co. and Guangzhou Automobile — indicated they have no intention to buy Jeep.
- Fiat Chrysler says will always evaluate deal inquiries – Reuters: Fiat Chrysler (FCA) said on Friday it would evaluate any inquiries about potential transactions, but did not have anything to add to its previous comments on reported interest from China’s Great Wall Motor in its Jeep brand.
- Fiat Chrysler responds to share price move after takeover rumours – FT: Fiat Chrysler has issued a statement to the Italian stock exchange following a 16 per cent rise in the company’s share price over the last five days amid…
- Ride hailing firm Grab commits $100 million to expand in Myanmar – Reuters: Ride-hailing firm Grab, the main Southeast Asian rival of Uber Technologies Inc, said it would commit $100 million over the next three years to deepen its presence in Myanmar, grow to more cities and roll out its other services.
- VW engineer to learn fate in emissions scandal – Detroitnews: Engineer James Liang will be sentenced Friday for his role in VW diesel emissions scandal
- Egyptian students produce fuel from used car tyres – Reuters: A group of Egyptian students have built a machine they say can produce fuel from worn-out vehicle tyres, after big rises in energy prices as part of recent economic reforms.
- Ride-hailing service Grab commits $100 million for Myanmar growth in latest challenge to Uber – CNBC: Ride-hailing service Grab has made a fresh challenge to rival Uber by committing $100 million to Myanmar.
- European carmakers on the road back to Iran after nuclear deal – FT: “My next car will be a Peugeot 2008 [SUV] which looks gorgeous,” Amir says. “It is inspiring to see new models and flexible payment terms . . . which…
- Our editorial: Put brakes on driverless auto taxes – Detroitnews: As fuel economy improves and electric vehicles proliferate, the gas tax pool becomes shallower. Automated vehicles could further this trend since they…
- Two Uber Investors Seek to Defend Former CEO in Legal Battle – WSJ: Shervin Pishevar and Steve Russell have asked a court to let them intervene in a lawsuit against Travis Kalanick, Uber’s former chief executive and co-founder.
- Tesla Is About to Unveil Something Elon Musk Called ‘Seriously Next Level’ – Fortune: Tesla Inc next month plans to unveil an electric big-rig truck with a working range of 200 to 300 miles, has learned, a sign that the electric car…
- Investor Benchmark claims ex-Uber CEO is a ‘corrosive influence’ – Reuters: Benchmark Capital called ousted Uber Technologies Inc Chief Executive Travis Kalanick a “corrosive influence” on the ride-services company in a court filing on Thursday, the latest salvo in a battle between the two over Kalanick’s presence on Uber’s board.
- Fiat Chrysler talks joint production with VW: report – Yahoo: Fiat Chrysler Automobiles (NYSE:FCAU) has talked to Volkswagen about jointly building light-utility vehicles, according to a report…
- Next Suzuki Jimny leaked ahead of Tokyo reveal – Autocar:
- Driverless Cars of the Future Confront Rules Written for Drivers – Bloomberg: When the U.S. government finally got around to regulating auto safety in 1967, it insisted that every car have seatbelts and that the…
- Searching for Baidu’s Future – Bloomberg: All the talk of late has been of driverless cars and artificial intelligence, the company’s attempt to play off its big data chops. Neither of those arenas are…
- Audi board to decide management reshuffle on Monday, report says – Automotive News: Sources had told earlier this week that Audi’s management was to be reshuffled by the start of the Frankfurt auto show in mid-September. Audi…