Top News:
- BRIEF-Volvo Cars announces acquisition of Luxe, a U.S. based valet and concierge service – Reuters: * Volvo Cars announces acquisition of Luxe, a U.S. based valet and concierge service; no financial details of transaction were disclosed Source: [
- FBI investigating Uber’s ‘Hell’ program that let it snoop on Lyft, says report – CNBC: The United States FBI is investigating Uber to determine whether or not its “Hell” program illegally targeted Lyft giving Uber an unfair advantage.
- Hyundai Motor says will continue China JV with BAIC – Reuters: South Korean automaker Hyundai Motor Co said on Friday it will continue its Chinese joint venture with BAIC Motor , shrugging off investor concerns about soured relationships between the partners.
- FBI probing if Uber used software to interfere with rivals – WSJ – Reuters: The Federal Bureau of Investigation is probing to see if Uber Technologies Inc [UBER.UL] had used software to illegally interfere with its competitors, the reported on Friday.
- Uber Faces FBI Probe Over Program Targeting Rival Lyft – WSJ: Federal law-enforcement authorities in New York are investigating whether Uber used software to interfere illegally with its competitors, according to people familiar with the investigation, adding to legal pressures facing the embattled ride-hailing company.
- BRIEF-Uber faces FBI probe over program targeting rival Lyft – WSJ, citing sources – Reuters: * Uber faces FBI probe over program targeting rival Lyft – WSJ, citing sources Source text:
- Electric-Car Makers Turn to Tested Formula: the Racetrack – WSJ: Germany’s motor-sport icons have decided to join the electric-car equivalent of Formula One as the global auto industry accelerates its shift toward electric cars.
- Uber: London drivers must use hybrid or fully electric cars from 2020 – Guardian: Uber drivers will be banned from using vehicles that are not a hybrid or fully electric in London from 2020, as part of a plan to help tackle illegal levels…
- BMW Goes Big With Three-Row SUV Monster to Fund Electric Shift – Bloomberg: BMW AG is unleashing its biggest-ever sport utility vehicle, a brawny three-row luxury cruiser targeted at churning out fat margins to help fund the…
- Uber announces ‘clean air’ fund and switch to electric cars in UK – FT: The firm also launched an electric vehicle program in London last September, and plans to operate solely electric Uber cars in London by 2025.
- Uber to stop using diesel cars in London by end 2019 – Reuters: Uber [UBER.UL] will cease using diesel cars in London by the end of 2019 and the vast majority of rides will be in electric or hybrid vehicles by then, the taxi app said on Friday.
- PSA Group accused of using emissions cheat software in two million cars – Autocar: Euro 5-rated diesels reportedly could have illegal software; PSA denies allegations
- Taxify halts London services after regulator questions licence – Reuters: Uber rival Taxify said on Friday it had temporarily halted operations in London after just three days when regulator Transport for London stepped in to call out the Estonian start-up for failing to obtain an operating licence.
- French probe alleges 2 million PSA cars had engine cheats: Le Monde – Reuters: The French investigation into alleged emissions cheating by PSA Group found that suspect software had been used on almost 2 million vehicles sold by the maker of Peugeot and Citroen cars, Le Monde reported on Friday.
- Fresh China worries hit Hyundai, suppliers even as plant restarts – Reuters: Shares in Hyundai Motor and its suppliers slid on Friday on fresh worries over their position in China after highly critical state newspaper comments, even as the South Korean automaker managed to get a Chinese car plant restarted.
- Three vehicles torched in long-running South African taxi war – Reuters: One Uber vehicle and two other taxis were torched in South Africa’s main business district on Thursday night in a feud over fares, but no one was injured, Uber and police said on Friday.
- BMW’s X7 shows up in plug-in concept form – Automotive News: The segment is dominated by the Mercedes GLS, Cadillac Escalade and Escalade ESV, Range Rover and Range Rover Sport, Infiniti QX80 and…
- Does top speed really matter? – Autocar: Ariel’s P40 hybrid will only run flat-out for up to 20 minutes With the hybrid Ariel supercar on the horizon, we discuss the real-world usability of top speeds
- Toyota Chairman looks to embrace change without losing the love for driving – CNBC: Yet, the Toyota chairman says it was a Volkswagen vehicle, not a Japanese car, that put him on a path to lead one of the world’s top carmakers.
- Big Sur Is Back in Business-and Better Than Ever – Bloomberg: Because they have 15 hybrid vehicles on property, guests can drive down the stretch of the highway that’s bounded by the bridge closure and the…
- UK Manufacturing Jumps, Construction Falls as Quarter Starts – Bloomberg: Manufacturing rose in July for the first time this year, boosted by a strong rebound in car production, and the trade deficit was little changed from a…
- China EV venture Future Mobility launches Byton brand, eyes US, Europe – Automotive News: Two key features of the Byton vehicle’s interior are a touch pad the size of Apple’s smaller iPad, integrated into the steering wheel, and a massive…
- Carmakers bemoan flip-flopping India, urge stable policies to foster investment – Reuters: After 18 months of sudden rule changes that left … India is one of the world’s fastest-growing car markets, and getting more …
- 500bhp TVR Griffith revealed at Goodwood Revival – Autocar: All-new British V8 sports car uses Gordon Murray’s iStream architecture and gets a flat floor for ground effect
- German trade surplus narrows as industrial motor sputters – Reuters: German imports grew far faster than exports in July, … in Germany will continue despite concern about a car emissions scandal.
- I’m Not Sold on Self-Driving Cars – Bloomberg: If you believe the optimists, self-driving cars will dominate our roads within a couple decades. This will reduce or even eliminate such human-created…
- EVs were Europe’s fastest growing segment in the first half – Automotive News: It received a big boost from the new Peugeot 3008, which added more than 81,000 sales during the half, helping the SUV to finish at No. 3 in the…
- Hyundai Motor shares slide as it spars with China partner – FT: Hyundai Motor shares continued to slide on Friday as the group battled with its China joint venture partner over supplier strategy, and following a drop…
- Mercedes Fields Buzz Aldrin to Take on BMW While Fiat Stays Home – Bloomberg: While there will be new models and concept cars aplenty, from Bentley’s Continental GT to Mini’s electric prototype, some of the biggest manufacturers…
- New car-hailing apps threaten Uber’s dominance in London – FT: Without competition from other car-hailing apps, the city has become a bright spot of profitability for Uber, according to accounts filed with Companies…
- Hyundai China plant restarts but investors fret over supplier problem – Reuters: KS) said a Chinese car plant had resumed production after a delayed payment … with local brands, sources familiar with the matter have told .
- Suzuki’s walk-off single lifts Braves over Marlins – Reuters: Kurt Suzuki’s two-out single in the ninth capped a two-run rally and helped the Atlanta Braves beat the Miami Marlins 6-5 on Thursday at …
- S.Korea stocks fall as fears over Chinese ventures hurt automakers – Reuters: KOSPI down after gaining over 1 pct on Thursday * Hyundai Motor falls 3 pct, Kia Motors at 7-yr low; worries over THAAD grow * Current situation …
- Morning News Call – India, September 8 – Reuters: President T. Suzuki, Mahindra & Mahindra MD Pawan Goenka at ACMA event in New Delhi. 9:30 am: Hindustan Aeronautics CEO Kaveru …
- Payne: In the backseat of a self-driving Uber – Detroitnews: I am in the backseat of a self-driving Uber vehicle, a Volvo XC90 being tested like a lab mouse through a maze of urban streets. Cruising south on…
- Hyundai China plant resumes operations but payment dispute persists – FT: Production at one of Hyundai Motor’s factories in China has resumed while talks over a payment dispute with a key supplier continue. The plant in…
- Travelers Hop Off Norwegian’s Mystery Miami Cruise to Nowhere – Bloomberg: Departing passengers faced a mad rush on a hot summer day to either get to an airport or find a rental car, while most of the surrounding area of…
- Volkswagen engineer to appeal U.S. prison sentence – Reuters: Former Volkswagen AG engineer James Liang plans to appeal a 40-month prison sentence for his role in Volkswagen’s multiyear scheme to sell diesel cars that generated more pollution than U.S. clean air rules allowed, according to a court filing on Thursday.
- Hyundai resumes output at China plant, in payment talks with supplier – Reuters: Hyundai Motor said a Chinese plant had resumed production from Thursday afternoon, after output had been suspended earlier in the week due to a supply disruption.
- UK Growth Outlook Cut as Trade Proves Little Help to Economy – Bloomberg: Manufacturing rose in July for the first time this year, boosted by a strong rebound in car production, and the trade deficit was little changed from a…
- BMW gears up to mass produce electric cars by 2020 – Reuters: REUTERS/Fabrizio Bensch … BMW, which launched the i3 electric car in 2013, said it was now readying its factories to mass produce electric cars by …
- Ford Union Bosses Hope for Peek at CEO’s Plan Before Wall Street – Bloomberg: the Company & Its Products Anywhere Remote …. The mid-September meeting in Detroit with United Auto Workers leaders from … lay out plans to accelerate development of autonomous cars and boost Ford’s … “Hackett is obviously not a car man, but he knows manufacturing and…
- House speeds deployment of self-driving cars – Reuters: The U.S. House approved a proposal that would allow automakers to obtain exemptions to deploy self-driving vehicles without meeting existing auto …
- AutoNation to shutter 35 Florida stores as Hurricane Irma approaches – Automotive News: The company said JM Lexus, which has around 300 employees, will be closed Friday through Sunday. It’s the top Lexus store in the country, selling…
- VW eyes sale of assets accounting for 20 percent of revenues: WSJ – Reuters: A man uses phone under a Volkswagen logo at the Shanghai Auto Show, in Shanghai, China April 20, 2017. REUTERS/Aly Song.
- Nissan Looking to Add Electric SUV – Detroit Bureau: Nissan was the first automaker to put a battery-electric vehicle into high-volume production and, since its 2010 launch, the Leaf has been the most…
- Jaguar Land Rover Says Florida Dealerships Shut as Irma Nears – Bloomberg: Jaguar Land Rover stores in the path of Hurricane Irma have effectively shut down to prepare for the storm by moving cars indoors or to higher ground,…
- Lyft to offer rides in self-driving cars in San Francisco area – Reuters: A self-driving car will soon be one ride option available from Lyft in the San Francisco Bay Area, as the ride-services company ramps up its efforts to become a serious player in autonomous vehicle technology.