Top News:
- Mitsubishi to export new model from Indonesia next year, supply Nissan – Reuters: Mitsubishi Motors Corp will start exporting its new multipurpose vehicle from its Indonesian plant next year, and plans to eventually supply the model to the group’s new parent Nissan Motor , Mitsubishi’s chief executive said.
- VW Group, Tata cooperation talks have ended: source – Reuters: Cooperation talks between Germany’s Volkswagen Group and India’s Tata Motors about joint development of a car for emerging markets, have ended amicably, a Volkswagen Group source said on Thursday.
- VW, Tata Motors Call Off Partnership Plans as Savings Fall Short – Bloomberg: For Volkswagen, the end of the talks represents another setback in its quest to create vehicles thrifty enough to appeal to buyers in countries like India.
- As cars drive themselves, human driving skills may suffer – Automotive News: If your car can hit the brakes in an emergency and check your blind spots, will that make you a worse driver? Increasingly, automakers are worrying it may.
- Tesla seeking to test driver-free electric trucks on public roads – Guardian: While Musk has previously stated aims to build an electric truck, Tesla has yet to announce any autonomous driving aims for the vehicles, which are…
- Tesla seeking to test autonomous electric trucks without drivers on public roads – Guardian: Tesla is working on electric, self-driving trucks that can travel in “platoons” or road trains capable of following a lead vehicle, according to leaked…
- Tesla’s Gigafactory Is Out of Reach for Its New Lenders – Bloomberg: 7 call with would-be bond buyers. It’s the world’s biggest battery factory and central to Tesla’s plans for mass production of its new Model 3 electric car.
- BRIEF-China Automotive Systems reports Q2 earnings per share $0.28 – Reuters: * China Automotive Systems reports 2017 second quarter unaudited financial results
- Volkswagen Group diesel trade-in incentives considered for UK – Autocar: Volkswagen Group diesels with emissions falling into the Euro 1 to Euro 4 categories can be traded in for Euro 6 models
- A peek inside’s VW’s secret fortress – Automotive News: Escorted to the main building, the Scirocco Hall, we are shown prototypes grouped into the three major megatrends of electric vehicles, autonomous…
- Can This Uber Killer Justify Its $50 Billion Valuation? – WSJ: While Uber is trying to dig out from scandals and curtail losses, its former China rival, Didi Chuxing, is spending billions of dollars on other startups around the world. But is it worth $50 billion?
- VW labor leaders warn politicians not to put jobs in jeopardy – Reuters: Volkswagen’s powerful labor representatives on Thursday urged lawmakers not to use the carmaker as a political football ahead of national elections next month and risk threatening jobs in Germany.
- As Robots Take the Wheel, Driving Skills Begin to Hit the Skids – Bloomberg: “Is it going to be people testing their vehicles to the limits? … Kelley Blue Book’s car-shopping website, conducted for News in July.
- BMW to incentivise UK motorists to replace old diesels with £2000 grant – Autocar: BMW could soon offer diesel drivers a grant to buy an i3 The brand’s German scheme is being rolled out across Europe; UK customers are the latest to get grants on models such as the i3
- In Debt We Trust for US Consumers With $12.7 Trillion Burden – Bloomberg: Car sales, while recently showing signs of rolling over, have been an economic mainstay over the past several years. But for all those cars rolling off…
- VW, Mercedes Rebates Set to Lure 1.3 Million Drivers – Bloomberg: As many as 1.3 million German car owners are set to accept rebates of as much as 10,000 euros ($11,700) per car from Volkswagen AG, Daimler AG…
- The rise of electric cars could leave us with a big battery waste problem – Guardian: New electric vehicles parked in a parking lot under a viaduct in Wuhan, central China’s Hubei province. The number of electric cars globally has just…
- Toyota delays opening of Mexican plant until 2020 – Nikkei: Members of Toyota’s leadership and the Mexican government attend a groundbreaking ceremony at the automaker’s Mexico plant in 2016.
- Exclusive: Tesla developing self-driving tech for semi-truck, wants to test in Nevada – Reuters: Tesla Inc is developing a long-haul, electric semi-truck that can drive itself and move in “platoons” that automatically follow a lead vehicle, and is getting closer to testing a prototype, according to an email discussion of potential road tests between the car company and the Nevada Department of Motor Vehicles (DMV), seen by .
- Sensex Sinks With Tata Motors as Profit Outlook Clouds Rally – Bloomberg: The company said Wednesday after markets closed that margins at its Jaguar Land Rover missed analysts’ estimates. Jaguar will also need to…
- Britain to dodge recession but pay to keep getting squeezed – Reuters: Britain will avoid recession in the coming year but economic growth is expected to lag the euro zone, a poll showed on Thursday.
- All-new Honda hybrid drivetrain under development – Autocar: New powertrain will first be used in a US-built car, which will lead the Japanese car maker’s shift towards electrification
- Toyota delays start of output at new Mexico plant – Automotive News: The delay, from 2019 to early 2020, is necessary to adjust the company’s supply chain in Mexico to produce the truck-based Tacoma pickup model instead of the Corolla compact car, Toyota said.
- Safe drivers look beyond the hoods of their cars – Detroitnews: Assess traffic situations before jamming into a tight space
- Land Rovers get heart transplants from Chevy V-8s – Detroitnews: Chevrolet’s 6.2-liter with 6-speed manual motivates aftermarket Land Rover Defender
- Toyota says to delay start of Mexico plant to early 2020 – Reuters: Toyota Motor Corp will push back the start of operations at its scheduled new plant in Mexico, to the first half of 2020 from the initial plan of 2019, the company said on Thursday.
- Here’s One Take on How War in Korea Would Impact the World Economy – Bloomberg: An analysis by Capital Economics Ltd. found that the supply and production of everything from smartphones and cars to flat screen televisions would…
- Hyundai Motor stands to lose No. 3 market-cap status – Yonhap: South Korea’s top automaker Hyundai Motor Co. stands to lose its No. 3 status in terms of market value to surging…
- Honda developing a hotter NSX? – Autocar:
- Kia Mexico optimistic about exports even if NAFTA falters – Reuters: The Mexican subsidiary of Korean car maker Kia Motors said Wednesday that it would be well-positioned to export its …
- Honda, Jaguar ordered to recall 7700 cars – Yonhap: According to the Ministry of Land, Infrastructure and Transport, Honda … Jaguar Land Rover Korea., the local importer and distributor of Jaguar and…
- Emerging Market Must-Reads: Tata Motors Tumbles, Venezuela & More – Barrons: At its Jaguar Land Rover unit, Tata reported a 7.9% margin and analysts were looking for 12.5%, Quint reports. Tata Motor’s 25% rise in net…
- Illinois in hunt for 4000-job Toyota-Mazda plant – Chicago Tribune: In this May 13, 2015 file photo, Toyota Motor Corp. President Akio Toyoda, left, and Mazda Motor Corp. President Masamichi Kogai pose for…
- Livonia homeowners sue Ford over contamination – Detroitnews: Livonia – Homeowners here are suing Ford Motor Co. for groundwater contamination at the transmission plant they say has damaged their property…
- Tesla Meets With California, Nevada on Autonomous Truck Testing – Bloomberg: … about testing an autonomous semi truck ahead of Chief Executive Officer Elon Musk’s unveiling of the next addition to the electric-car maker’s lineup.
- 2016-2018 Infiniti Q50, 2017 Infiniti Q60 recalled over stalling concerns – Washington Post: Nissan is recalling some 14,192 Infiniti Q50 and Q60 vehicles from the 2016, 2017, and 2018 model years. Documents from the National Highway…
- Nissan recalling 52016 Titan pickups in US, Canada – Washington Post: DETROIT – Nissan Motor Co. is recalling 52,016 Titan pickup trucks because their rear seat belts might not adequately protect passengers. The recall…
- Plenty of Juice in This China Deal – Bloomberg: Combining that business with the Nissan unit could strengthen the firm’s hand in China, where there is a plethora of small battery makers as well as…
- Tesla’s electric semi is reportedly autonomous and can move in ‘platoons’ – CNBC: … according to an email discussion of potential road tests between the car company and the Nevada Department of Motor Vehicles, seen by .
- Toyota to make fuel cell trucks for Seven-Eleven Japan – Nikkei: Japanese automaker Toyota Motor will develop fuel cell trucks exclusively for convenience store powerhouse Seven-Eleven Japan, the…
- BMW, Nissan pile on incentives to spur San Diego EV sales – Automotive News: BMW AG and Nissan Motor Co. are offering big discounts in the San Diego area that can knock $20,000 off the cost of a new electric car when…
- Here’s How to Get a $20000 Discount on an Electric Car – Bloomberg: BMW AG and Nissan Motor Co. are offering big discounts in the San Diego area that can knock $20,000 off the cost of a new electric car when…
- Here’s When Tesla Will Actually Start Making Money – Fortune: If only traditional auto and other tech companies were as bold as Tesla. It’s betting itself on the Model 3 moonshot, but de-risking the bet by taking out…
- Toyota’s Hydrogen Fuel Cell Kenworth Can Revolutionize Heavy Transport – Forbes: Our system can pull an 80,000-lb. combined load up a hill,” says Chris Rovik, engineering manager of Toyota Motor North America’s “Portal Project,”…
- Toyota sheds boring stigma with ‘sexy’ sedan, edgy crossover – Chicago Tribune: Base through LE editions have the appearance of an affordable Lexus ES while the XSE looks like a four-door F86 with black roof accents and…
- Hertz shares skyrocket nearly 20% after CEO says there’s been ‘significant progress’ in its … – CNBC: Shares of the rental-car company soared nearly 20 percent on Wednesday after positive comments by Hertz CEO Kathryn Marinello. The CEO…
- Nissan Motor Acceptance’s McConnell retires – Automotive News: Mike McConnell, vice president of operations for Nissan Motor Acceptance Corp., will retire Aug. 31 after about 32 years with the automaker, the…
- Toyota, Lexus captives add key insurance – Automotive News: Toyota Financial Services and Lexus Financial Services launched a key replacement product last week. The rollout is the captives’ latest step in…
- Germany’s FDP says Lower Saxony should sell $9 billion VW stake – Reuters: Germany’s Free Democrats (FDP) party has called for the state of Lower Saxony to sell its $9 billion stake in Volkswagen, seizing on the emissions scandal at the carmaker as an opportunity to burnish its pro-business credentials ahead of an election.
- Hertz CEO touts turnaround plan after Q2 loss – Automotive News: Hertz Rental Cars shuttle buses transport passengers to the Hertz rental location … Photographer: Patrick T. Fallon/ Photo credit: … it’s completed a “transformation” of its fleet to cope with its vehicles losing their…
- Hertz’s 101-Year-Old Business Nearing Twilight in Uber Age – Bloomberg: Perhaps more troubling, however, is that car-rental companies face the kind of threat that felled Blockbuster, which was undone by new technology in…
- VW Workers Want New Car Model for Germany to Boost Flagging Output – New York Times: The unions are concerned that a 3.8 percent drop in VW’s vehicle … is not making any headway,” VW works council chief Bernd Osterloh told ,…
- One-off gain embellishes Tata Motors’ first quarter profits – Reuters: Tata Motors Ltd reported a 42 percent rise in quarterly profit thanks to a one-off gain related to changes to Jaguar Land Rover’s pension plans, masking a fall in the carmaker’s income.
- Tesla: Norway Is Leading The Charge [Infographic] – Forbes: You’ll probably also be surprised by the sheer number of Teslas and other electric vehicles on the country’s winding roads. In 2015, 4,000 Teslas were…