Top News:
- Uber Defies Philippine Regulator; Regulator Threatens Arrests – WSJ: Uber vowedto keep operating ride-hailing services in the Philippines despite a one-month suspension imposed by regulators-which responded by threatening Uber drivers with arrest.
- Profit-Rich Pickups, SUVs May Catch Break in Trump Auto Review – Bloomberg: Even Toyota Motor Corp., which has car and truck sales more closely balanced, would catch a break. For the 2016 model year, Toyota forecasts that…
- Mercedes-AMG GLC 63 and GLC 63 Coupe pricing revealed – Autocar: The new Mercedes GLC 63 4Matic+ and GLC 63 Coupe 4Matic models have been revealed New pairing have the same engine as C63 and come in 469bhp regular or 503bhp S guises; prices start from £68,920 for the SUV and £71,410 for the SUV-coupe
- Tesla’s Debut Bond Offering Pays Record-Low 5.3% Yield – Bloomberg: Daybreak: Americas.” (Source:…
- New one-off Ken Okuyama hypercar set for Pebble Beach reveal – Autocar: The designer of the Ferrari Enzo has announced the Kode 0 for the prestigious event. Power comes from a mid-mounted V12
- Uber resumes services in Philippines in defiance of suspension order – Reuters: Uber Technologies Inc resumed its services in the Philippines on Tuesday, defying a regulator’s order that had suspended the ride-hailing firm’s services for a month in the Southeast Asian nation.
- To win 4000 new Illinois auto jobs, Rauner needs an EDGE – Chicago Tribune: Approving EDGE tax credits, which the General Assembly is sending to the governor’s desk, would serve as a strong signal to Toyota-Mazda that…
- How Can A Mid-Tier Carmaker Like Peugeot Survive In The Uber Age? By Outsmarting The Other … – Forbes: So you’ve got to appreciate the candor of Carlos Tavares, the chief executive of France’s Groupe PSA, which makes Peugeot, Citroën and DS brand…
- Uber runs afoul of regulators in yet another country, ignores cease and desist order – CNBC: Philippine regulators ordered Uber to cease and desist its operations after suspending its accreditation for a month.
- How Elon Musk and Cheap Oil Doomed Push for Natural Gas Cars – Bloomberg: New drilling techniques led to a boom in oil supplies from the U.S., and electric cars took off. Tesla Inc., which had yet to deliver its first electric car a…
- Uber says appeals 1-month Philippine suspension, resuming services – Reuters: Uber said on Tuesday it had appealed to the Philippine authorities to reconsider a one-month suspension handed out to the ride-hailing firm a day earlier, and was resuming services as it waits for a decision.
- Hyundai, Kia sets up communication system to push forward autonomous driving – Yonhap: Hyundai Motor Co. and Kia Motors Corp. said they have incorporated the so-called vehicle to everything (V2X) system on a 14-kilometer stretch of…
- 2017 Mazda CX-3 Limited – Lavish Limited – Autocar:
- What to Expect From Nafta 2.0 Negotiations: QuickTake Scorecard – Bloomberg: What makes a car or a can of paint a North American product? Nafta’s “rules of origin,” which lay out the percentages of components in a product that…
- NAFTA re-do could lead to tariffs on U.S.-built cars – Detroitnews: Rules about North American content and currency manipulation are on the table
- Howes: Possible Chinese bid for FCA fuels imagination – Detroitnews: China’s Geely Holding Group did just that in 2010, when it acquired Volvo Cars Ltd. from Ford Motor Co. Armed with Volvo’s global industry cred and a…
- Refreshed F-150 adds technology in a ‘truck way’ – Detroitnews: Ford’s updated F-150 gets some body tweaks and additional features
- Malaysia DRB-Hicom Advisor: Disposal Of Proton, Lotus Stake ‘Fair’, ‘Reasonable’ – Nikkei: Affin Hwang Capital said the proposed share subscription of Proton by Geely is in line with the requirement for Proton to seek a foreign strategic…
- Toyota’s next car could be partly made of wood – CNBC: The global push among carmakers to make lighter vehicles is leading some auto suppliers in Japan to turn to using wood.
- Japan is looking at making auto parts out of wood – CNBC: Researchers at Kyoto University and major parts suppliers such as Denso, Toyota’s biggest supplier, and DaikyoNishikawa, are working with plastics…
- Chad Bettis posts scoreless start in return from testicular cancer – Yahoo: Bettis allowed a leadoff double to Kurt Suzuki. After a sacrifice bunt put Suzuki on third with just one out, Bettis had to find a way to keep Suzuki from…
- Politics aside, Chinese bid for FCA has some merit – Reuters: Fiat Chrysler boss Sergio Marchionne has said the car industry needs to come together, cut costs and stop …
- Tesla shares to surge because the Model 3 opportunity is ‘underestimated’: Analyst – Yahoo: Tesla’s (NASDAQ: TSLA) market-crushing performance this year will continue, according to one Wall Street firm. Baird told its clients the long term opportunity for the company’s Model 3 is larger than investors think. “We expect strong demand for the …
- BMW M8 takes to the Nurburgring ahead of late 2017 debut – Autocar: Hot 8 Series has been confirmed, with an endurance racing GTE variant hitting the Daytona 24 Hours in the new year
- Uber investor gave Kalanick a month before suing to force him off board – Reuters: Venture capital firm Benchmark Capital said on Monday it gave Uber Technologies Inc and its ousted chief executive, Travis Kalanick, a month to review its recommendations before filing a lawsuit last week to force Kalanick off the board and rescind his ability to fill three board seats.
- Why a sale of Fiat Chrysler to a Chinese buyer could happen – Freep: Fiat Chrysler Automobiles, facing the need to catch up to its rivals on both electric vehicles and self-driving car technology, could turn to a Chinese…
- Feds prepared to seize FCA scandal figures’ homes – Detroitnews: Detroit – Federal prosecutors are prepared to seize the homes of two figures in the Fiat Chrysler-UAW scandal, including a $1.3 million mansion,…
- Fiat Chrysler Hits Record as Morgan Stanley Sees Deal-Making – Bloomberg: Fiat Chrysler Automobiles NV shares climbed to a record after Morgan Stanley analysts said they see “substantial hidden value” in several of the…
- Ex-FCA exec’s mansion could be seized – Detroitnews: Federal prosecutors may grab former Fiat Chrysler executive Alphons Iacobelli’s $1.3 million mansion in Rochester Hills. They argue the home is tied to fraud and money laundering and could be forfeited to the government.
- Former Apple Veteran Joins Google After Brief Stint at Tesla – Fortune: Chris Lattner, who helped Apple (aapl, +1.58%) create its SWIFT programming language, said Monday via Twitter that he is joining the search giant.
- Further 15 new EV projects to receive funding – Autocar:
- Benchmark is blocking attempts to sell Uber shares to other investors, say sources – CNBC: … of widespread sexual harassment within the company and a possible legal conflict with Alphabet subsidiary Waymo over self-driving car technology.
- Einhorn’s Greenlight Capital Cuts GM Stake, Exits Time Warner – WSJ: David Einhorn’s Greenlight Capital Inc. sharply pared down its holdings of General Motors Co. and regional pharmacy-chain Fred’s Inc. in the second…
- Germany’s Kuka arms self-driving cart for bigger factory role – Nikkei: Kuka, one of the world’s leading makers of industrial robots, is expanding its lineup with a self-driving assistant capable of picking parts off…
- Google Hires Former Star Apple Engineer for Its AI Team – Bloomberg: After leaving Apple in January, Lattner went to Tesla, a recruiting coup for Chief Executive Officer Elon Musk. Lattner left after six months. “In the end…
- This is the most damning line in Benchmark’s letter to Uber – CNBC: Alphabet’s self-driving car unit, Waymo, has sued Uber, claiming that the ride-hailing start-up is using a key part of Waymo’s self-driving technology.
- Tesla’s Spending is ‘Eye-Watering.’ But Is It Concerning? – Barrons: That seems to be the biggest point of contention between the Tesla bulls and bears. See, Tesla finished the first half of the 2017 with $3 billion.
- Tesla Autopilot chief lands at one of Google’s AI units – CNBC: Alphabet has hired Chris Lattner, previously Tesla’s vice president of the … Lattner is most well-known as the creator of Swift, Apple’s open-source…