Top News:
- China likely to unveil NEV car quotas soon, but delay implementation: sources – Reuters: China is likely to delay implementing tough new sales quotas for electric plug-in vehicles, giving global automakers more time to prepare, four automaker and industry officials told .
- Siemens buys self-driving software specialist Tass – Reuters: German industrial group Siemens has agreed to buy Dutch self-driving software specialist Tass International for an undisclosed sum to strengthen its automotive business, it said on Wednesday.
- Philippines lifts Uber suspension after it pays nearly $10 million in penalties – CNBC: The Philippines lifted its one-month suspension on Uber Technologies ahead of schedule on Tuesday after the ride-hailing firm paid almost $10 million in a fine and financial aid to its drivers affected by the halted operations.
- BMW M8 GTE racing car to compete at Le Mans 24 Hours in 2018 – Autocar: Racer will be revealed in Frankfurt next month and compete in the World Endurance Championship
- Kia to unveil shooting brake concept for Frankfurt motor show – Autocar: Kia continues its upward ambition into the premium segment with a shooting brake concept
- India cabinet approves raising levy on luxury cars, SUVs – Reuters: Any increase in taxes will impact luxury carmakers in India such as Daimler AG’s, Mercedes-Benz, BMW, Audi, Volvo and Jaguar Land Rover, owned …
- Aston Martin invests £500 million in Japan Meta Technology site – Autocar: New office will allow British brand to cater to Asian demand and help boost electric tech development
- Aston Martin boosts Asia presence with Japan Meta Technology site – Autocar: New office will allow British brand to cater to Asian demand and help boost electric tech development
- Opinion: How Dacia’s ‘honest’ approach has reinvigorated Renault – Autocar: The new-look Dacia Duster retains the simplicity of the previous generation Dacia’s down-to-earth philosophy is a refreshing change in the car world – and has helped out sister firm Renault
- Renault ‘surprised’ other firms haven’t copied Dacia – Autocar:
- Nissan Brings a Tiny Bit of Self-Driving to the Masses – Bloomberg: 5 in the U.S., Nissan Motor Co. will pull the cover off the 2018 Leaf, its first production vehicle that will steer and stop by itself-at least every once in a…
- BRIEF-Xixia Automobile Water Pump signs supply contract with General Motors – Reuters: Henan Province Xixia Automobile Water Pump Co Ltd
- Uber officially welcomes as CEO Expedia’s Dara Khosrowshahi – Reuters: Uber Technologies Inc officially welcomed its new Chief Executive Dara Khosrowshahi, who has led online travel business Expedia Inc for 12 years, in a note sent to employees of the world’s biggest ride-services company late on Tuesday.
- In China, to snag a new home buyers may need to pay huge price for parking space – Reuters: The cost of car parking spaces in new apartment projects in some Chinese cities is soaring as developers roll out their latest secret weapon to counter home price caps imposed by municipal authorities.
- Hyundai resumes production in China after supply hiccup – Reuters: Hyundai Motor said on Wednesday it had resumed production in China after a supply disruption forced the suspension of operations last week, complicating its efforts to lift sagging sales in the world’s biggest auto market.
- New Dacia Duster – official pics show revamped design – Autocar: Sales success of SUV from Renault’s value-for-money brand prompted firm to take evolutionary approach to redesign
- Malaysia DRB-Hicom Plans To Start Sales Of Geely’s Boyue Model By 2018-End, Official Says – Nikkei: Malaysian conglomerate DRB-Hicom plans to start sales of Zhejiang Geely Holdings’ Boyue model by 2018-end,…
- It’s Just Business, Hyundai – Bloomberg: That two giant car companies with $32 billion of cash between them couldn’t afford to keep production going at a longtime partnership was always…
- Hyundai Motor says production in China resumed – Reuters: Hyundai Motor Co said on Wednesday it had resumed production in China after operations at its four Chinese factories …
- (LEAD) Hyundai plants in China resume operations – Yonhap: Hyundai Motor Co., South Korea’s biggest carmaker, said Wednesday its four plants in China have resumed operations…
- A look inside the highly unusual way Uber chose its new CEO Dara Khosrowshahi – CNBC: Picking Uber’s new chief executive was anything but straightforward, the NYT reports.
- Toyota joins Grab’s $2.5 billion fund raising, unveils tie-up – Reuters: Toyota Motor Corp’s trading arm became the latest participant in ride-hailing firm Grab’s current financing round that is expected to raise $2.5 billion, led by Chinese peer Didi Chuxing and Japan’s SoftBank Group Corp.
- Toyota Pushes Deeper Into Ride-Sharing With Grab Investment – Bloomberg: The latest deal comes a year after Toyota bought a small stake in Uber Technologies Inc. as part of alliances it is stitching to explore new revenue…
- Renault-Nissan expands electric push in China – Detroitnews: The Renault-Nissan alliance is expanding its push into China, teaming up with Dongfeng Motor Group Co. on its first locally designed electric vehicle…
- BMW Softens Electric i3 City Car’s Boxy Look to Counter Tesla – Bloomberg: BMW AG is giving its bug-like i3 electric car a sporty makeover to boost its appeal and counter Tesla Inc. as the German carmaker…
- Hyundai Motor says working to resume Chinese production – Reuters: Hyundai Motor said on Wednesday it would resume production in China as soon as the supply of parts resumed, after the South Korean automaker suspended production at its four Chinese factories last week due to supply disruption.
- Uber officially announces Dara Khosrowshahi will be its new CEO – CNBC: Khosrowshahi will be at Uber for an all-hands meeting on Wednesday.
- BRIEF-Uber board announces appointment of Dara Khosrowshahi as new CEO – statement – Reuters: * Uber board announces appointment of Dara Khosrowshahi as new CEO – statement Source text –
- 2018 Audi Q3 – new pics of future BMW X1 rival – Autocar: Prototypes of the second-generation Q3 have been spotted testing; it will go on sale in mid-2018
- Elon Musk’s Battery Demand Boom Lifts Supplier Tanaka in Japan – Bloomberg: Electric vehicle sales will surpass internal combustion engine sales by 2038, according to New Energy Finance. Moreover, the…
- Google, Apple face off over augmented reality technology – Reuters: Many tech industry leaders envision a future in which eyeglasses, car windshields and other surfaces can overlay digital information on the real world.
- Inside Uber’s Choice of a New CEO – New York Times: During his recruitment, Dara Khosrowshahi, chosen by Uber to be its new chief executive, was asked if he knew his Uber rating. Credit David Ryder/. SAN FRANCISCO – By last Friday afternoon, most of Uber’s eight directors had gathered in San…
- FCA suspends minivan output at Ontario plant due to flooding – Automotive News: Flooding from two days of heavy rain halted production at Fiat Chrysler Automobile’s minivan factory in Windsor, Ontario, on Tuesday and the…
- China’s Car Sector Needs a Shakeup – Bloomberg: China’s SUV specialist Great Wall Motor Co. Ltd. may, in the end, never get its hands on Fiat Chrysler Automobiles NV’s Jeep division. But expect…
- The Leaf Is the World’s Best-Selling Electric Car. Now, Nissan Needs to Catch Up With Tesla – Bloomberg: The Leaf Is the World’s Best-Selling Electric Car. Now, Nissan … In an attempt to defend its position in the EV market, Nissan on Sept. 6 in Chiba…
- 2019 Porsche Cayenne Revealed: The Porsche of SUVs, Take Three – Yahoo: But the fact is the Cayenne is spun from the Audi-engineered MLB … Both engines were developed by Audi, and Porsche is more than slightly miffed…
- Mechanics strike over at some Chicago-area car dealerships breaking from bargaining group – Chicago Tribune: The Autobarn Mazda of Evanston typically services 40 to 50 cars daily, Service Director Aidan McCarthy said, but some days during the strike saw…
- Renault-Nissan, Dongfeng teaming up on electric cars – Nikkei: The Renault-Nissan alliance will join with Dongfeng Motor Group to produce compact electric cars in China as competition intensifies…
- Second guilty plea entered in UAW-FCA case – Automotive News: Charged so far, in addition to King, are former Fiat Chrysler executive Alphons Iacobelli; former FCA financial analyst Jerome Durden; and Monica…
- Honda Teases Its Electric Vehicles Plans for Europe – Fortune: Honda will reveal its electric vehicle ambitions for the European market at the upcoming Frankfurt Motor Show with two debuts, including a hybrid…
- Lights, Camry, action: 2018 Toyota Camry is anything but boring – Chicago Tribune: Through July 2017, Camry has been outsold by the excellent Honda Civic compact, which was aggressively redesigned for 2016, winning North…
- Renault-Nissan Join Growing List of Automakers Setting Up Chinese EV Operations – Detroit Bureau: To that list you can now add the Renault-Nissan Alliance and its Chinese partner, Dongfeng Motor Corp. They plan to create a new joint venture, eGT…
- South Korea’s LG Elec has bid for ZKW – Korea Economic Daily – Reuters: South Korea’s LG Electronics took part in a bidding round for car light maker ZKW Group in a deal that could be worth $1.2 …
- Harvey to hurt, then lift US auto sales: analysts – Reuters: Cox Automotive said it had lowered its U.S. auto industry August sales … sales of large pickup trucks, which generate significant profits for the Detroit …
- Renault-Nissan Is Partnering With Dongfeng to Make EVs in China – Fortune: The Renault-Nissan alliance has announced plans to build electric cars in China in a new venture with Dongfeng Motor, joining the scramble by…
- Renault-Nissan to build electric cars Dongfeng – Reuters: The Renault-Nissan alliance has announced plans to build electric cars in China in a new venture with Dongfeng Motor , joining the scramble by …
- Chery reveals design of upcoming SUV destined for Europe – Autocar:
- China’s electric car quotas to be unveiled in coming days: FAZ – Reuters: China will present its final plans for electric and hybrid car quotas in the coming days, German newspaper Frankfurter …
- Renault-Nissan to set up new China electric car venture with Dongfeng – Reuters: Nissan Motor and its partner Renault will build electric cars in China in a new venture with Dongfeng Motor, as global automakers …
- Flooded dealerships, lost inventories, hard-hit workers: ‘Overall, it’s catastrophic. Major damage.’ – Automotive News: Following Hurricane Harvey’s torrential rains, dealers in southeast Texas are bracing for a second wave. Mitchell Dale, co-owner of McRee Ford in…