Top News:
- Fast and Dirty Natural Gas Plants Get Boost From Electric Cars – Bloomberg: The challenge for the U.K. is to have enough power plant capacity to cover demand peaks until electric-car users adjust their charging habits to when consumption and prices are low. Britain will need to add 52 terawatt-hours of power capacity between …
- 2019 Porsche 911 Cabriolet seen testing with new rear wing – Autocar: The eighth-generation 911 will mark the end of naturally aspirated engines with the introduction of a petrol-electric version
- Tata Power June-quarter profit more than doubles – Reuters: Tata Power Co Ltd’s first-quarter profit more than doubled, helped by higher income from its core power generation business.
- EV push could boost polluting gas plants in UK, utility firm says – Automotive News: The government’s goal to replace gasoline and diesel cars with those powered by electricity could see the construction of so-called open-cycle gas…
- Exiled tycoon bets big on Chinese new-energy vehicles – FT: The former head of Brilliance Auto Group has spent the past eight years of his exile formulating an electric vehicle venture called Hybrid Kinetic Group…
- Chinese automakers covet FCA – Automotive News: Different sources have pointed to involvement by different ones — Dongfeng Motor, Great Wall, Zhejiang Geely Holding Group or FCA’s current joint…
- Indonesia plans to cut domestic sedan sales tax, aims to buoy production – Reuters: Indonesia plans to lower taxes on domestic sedan sales in a bid to promote the country, the biggest car market in …
- Could Smart get any smaller? – Automotive News: More than two-thirds of U.S. Smart retail outlets have opted to stop selling Daimler AG’s microcar brand after it switches this year to offering only…
- Why Toyota is doubling down on N. America – Automotive News: Toyota doesn’t have the capacity at its plants, including the Baja California factory seen above, to meet the demand for its Tacoma midsize pickup.
- Hyundai’s little brother is finally having his day – Automotive News: Actually, neither has had a stellar year in the U.S. Sales for both Hyundai and Kia declined sharply in June and July, due mainly to reduced fleet…
- Toyota plant shuffle scrambles supplier plans – Automotive News: Toyota’s abrupt change of plans for its new Mexico assembly plant is scrambling the lives of about 70 suppliers that agreed to expand or build factories…
- For Fiat Chrysler, anybody but a Cerberus – Automotive News: But CFIUS, as its known, could weigh in on any potential Chinese purchase of Fiat Chrysler Automobiles, and it’s where things are likely to get very…
- Reborn JLR and Volvo hitting their strides – Automotive News: Volvo, owned by China’s Zhejiang Geely Holding Group, is preparing electrified powertrains for vehicles introduced in 2019 and beyond, and it is…
- BMW knows what it doesn’t know – Automotive News: BMW has announced that, like the rest of us, it doesn’t have the slightest idea what is going to happen in the next few decades regarding vehicle…
- New Aston Vantage looks built for Bond – Automotive News: Fresh photos of the new Aston Martin Vantage sports car undergoing testing show how closely the design follows that of the 2015 DB10 that was built…
- Toyota had HQ builders on tight schedule – Automotive News: PLANO, Texas – To give employees time to plan for a move to Texas or an exit from the company, Toyota created a relaxed, three-year timeline.
- Mercedes’ Vision of a roadster? – Automotive News: Mercedes-Benz plans to show a new version of its Vision concept this weekend at the Pebble Beach Concours d’Elegance classic car show in…
- Crossover EV coming to US in ’20, VW says – Automotive News: Volkswagen has shown three electric concept vehicles built on its new MEB platform – a five-door hatchback, a minivan and a crossover – and the…
- Tesla will reduce electrical wiring in Model Y, Musk says – Automotive News: Tesla CEO Elon Musk wowed analysts in May when he revealed that the Model Y would have its own architecture, rather than riding on the new Model…
- Volvo’s battery-powered revival – Automotive News: Volvo CEO Hakan Samuelsson promised to introduce three electrified vehicles between 2019 and 2021, including an all-electric vehicle with about…
- Lynk debuts in US in 2019 with 01 crossover – Automotive News: Lynk & CO, Volvo’s new sibling brand under the Geely Holding Group umbrella, will make its U.S. debut in 2019, experimenting with sales, mobility…
- Jaguar and Volvo’s Asian Owners See Their s Diverge – Bloomberg: Since Geely’s $1.5 billion purchase of Sweden’s Volvo Cars in 2010, the Chinese automaker has seen the share price of its listed unit increase sixfold…
- For ASEAN, Japan is a key counterbalance to China – Nikkei: In June, Chinese automaker Zhejiang Geely Holding Group agreed to buy 49.9% stake in Malaysian peer Proton Holdings. Malaysian Prime Minister…
- Corvette dragster crowned ‘King of Woodward’ after Roadkill washout – Detroitnews: Gary Box of Cleveland, Ohio won $10,000 grand prize after his Corvette did the 1/8 mile in 5.7 seconds
- Why the Gas Station Isn’t a Model for Electric Cars – WSJ: Optimism surrounding electric cars has swelled with the launch of Tesla … about his company’s unique approach to one of the EV’s biggest barriers.
- Uber Board Considers 3 Investment Offers to Buy Company’s Shares – New York Times: Masayoshi Son, the founder and chief executive of the Japanese conglomerate Softbank, which has expressed interest in investing in Uber. Credit Issei Kato/. SAN FRANCISCO – Uber’s board has voted to move forward on proposals by two…
- China a sweet spot for US companies’ earnings in second quarter – Reuters: For example, Chinese auto manufacturer Geely Automobile Holdings (0175.HK) announcing last week that its July sales climbed 89 percent from the …
- Infiniti shows off retro Prototype 9 racer – Autocar:
- Teaching AI Systems to Behave Themselves – New York Times: At OpenAI, the artificial intelligence lab founded by Tesla’s chief executive …
- Angela Merkel rival takes aim at German car chiefs – Guardian: The crisis in the sector blew up when Volkswagen admitted to cheating … VW, along with German manufacturers BMW, Daimler, Audi and Porsche,…
- Merkel rival Schulz says executives endangering German car industry – Reuters: Martin Schulz, the main challenger to Chancellor Angela Merkel in Germany’s Sept. 24 election, accused the country’s auto …
- Merkel’s predecessor critical of her handling of diesel scandal: Blick – Reuters: Former German Chancellor Gerhard Schroeder has … carmakers agreed to overhaul engine software on 5.3 million diesel cars.
- Merkel criticizes German auto execs in opening election rally – Automotive News: Instead, Merkel called for a bigger picture strategy for helping the auto industry make the transition to producing electric cars. “We need to innovate…
- Gasoline Reaches Its Tipping Point – Bloomberg: Electric vehicles aren’t going to destroy the fossil fuel industry any time soon, but they don’t need to in order to disrupt it. And that could happen within…
- Infiniti’s Irreverent Sense of Humor Manifests Faux Heritage Prototype 9 Racer For Pebble Beach – Forbes: Infiniti possesses no century of excellence to match the best European brands, no gravitas borne of a storied racing heritage or legacy of engineering…
- The best and worst things I’ve seen this week – 11 August 2017 – Autocar: LOTUS EUROPA: Lotus’s second-best-selling car of all time, the Europa, is an absolute stunner. With 82bhp, it’s just 7bhp up on my 1.4-litre VW Lupo, but was doubtless an absolute peach to drive. Behind-the-scenes glimpses and other observations from the last seven days around the car industry