Top News:

• China Gives Carmakers More Time in Biggest Electric-Vehicle Plan – Bloomberg: China unveiled a comprehensive set of emission rules and delayed a credit-score program tied to the production of electric cars, giving automakers…
• Saudi minister says adding women drivers will reduce car crashes – Reuters: Saudi Arabia’s lifting of a much criticized ban on women drivers will reduce the number of car crashes in a country with one of the …
• Battleground stock: Why valuing Tesla proves a divisive puzzle – CNBC: Bernstein analyst Toni Sacconaghi reiterated his market perform rating and $265 price target on Wednesday, explaining that “we worry about whether Tesla can successfully build the mass-market Model 3: (1) with good gross margins, (2) with good quality,…
• Toyota to form electric car technology venture with Mazda – Reuters: Toyota Motor Corp has established a new venture to develop electric vehicle technology with partner Mazda Motor Corp , seeking to catch up with rivals in an increasingly frenetic race to produce more battery-powered cars.

• Ride-hailing service Lyft is close to selecting an IPO advisor – CNBC: Lyft is close to hiring an initial public offering advisory firm, in the first step by the second biggest U.S. ride service to become publicly listed.
• Toyota, Mazda, Denso Join Forces for EV Development – Detroit Bureau: … new regulations that mandate a certain proportion of electric vehicle sales are beginning to…
• 2020 Mercedes-Benz S-Class: more autonomy, electrification and space – Autocar:
• BRIEF-Penske Automotive: Q3 performance to be adversely impacted due to impact from hurricanes – Reuters: * Penske Automotive Group Inc says as a result of hurricanes, company’s Q3 2017 financial performance is expected to be adversely impacted
• India says GE diesel locomotive factory on track, but to pursue electrification – Reuters: General Electric’s plan to build a diesel locomotive factory in eastern India is proceeding as planned, Railways Minister Piyush Goyal said on Thursday, aiming to allay the U.S. firm’s concerns that India was unilaterally making changes to the contract.
• BRIEF-Penske automotive comments on impact from hurricanes – Reuters: * Penske Automotive Group Inc says as a result of hurricanes, company’s Q3 2017 financial performance is expected to be adversely impacted
• Upstart fund to launch ‘future car’ ETF in Canada – Reuters: A Canadian investment fund will launch the world’s first “future car” exchange-traded fund on Friday, giving investors one-stop access to companies involved in electric, autonomous and connected car supply chains, senior fund executives said.
• Ford’s Welsh engine plant to lose JLR business in 2020 – Reuters: Jaguar Land Rover (JLR) will stop sourcing petrol engines from Ford’s plant in Bridgend, Wales, after ending its current contract earlier than expected in 2020, creating uncertainty over around 750 jobs.
• California Today: Talk of a Ban on Non-Electric Cars – New York Times: Gov. Jerry Brown is said to have considered the question. According to a report in , he asked a state regulator about a plan by China to…
• Future of Ford Bridgend engine plant further clouded by Jaguar decision – FT: The future of Ford’s engine plant at Bridgend has been thrown into further uncertainty after Jaguar Land Rover cancelled a contract that accounts for a…
• Ford ponders building electric van in Cologne – Reuters: Ford is considering building the electric Streetscooter minivan developed by German logistics firm Deutsche Post DHL Group as both companies explore ways to expand the project, a senior official of the carmaker in Germany said.
• Fiat Family Value Surges Past Tesla, GM on Marchionne’s Overhaul – Bloomberg: Fiat just ain’t what it used to be, and that’s been a boon for investors, who have made the former Italian industrial conglomerate the most valuable automotive group on Wall Street amid speculation that more wheeling and dealing awaits. “Old Fiat” now…
• Mazda and Toyota EVs to come from new joint venture – Autocar: Toyota is putting in 90% of the investment of the joint venture, which will produce multiple cars
• Taiwan’s Gogoro plans to ride into Japan, to offer battery-sharing infra – Reuters: Taiwanese electric scooter maker Gogoro plans to enter Japan and offer its battery sharing infrastructure to automakers in the country, a top Gogoro official said, apart from competing in the two-wheeler market dominated by giants including Honda Motor Co. The start-up, which sells scooters in Taiwan and operates a battery distribution network for riders, last week said it had secured investment from Japanese trading house Sumitomo Corporation, opening the door to the countr
• Audi E-tron FE04 revealed as brand’s first all-electric racing car – Autocar: German marque’s new Formula E machine ditches three-speed for new single-cog transmission
• China to Start New Energy Vehicle Production Quota From 2019 – Bloomberg: … electric-vehicle market in China, local manufacturers such as Geely Automobile Holdings Ltd. have also found considerable success in the market,…
• Chevy trucks celebrate 100 years of shaping how Americans work and travel – Freep: Chevy trucks turn 100 this fall, just in time for the brand to capitalize on its … “The Silverado pickup and Suburban SUV grew up with America.”.
• Soaring Hertz Stock Defies Dour Outlook as Shorts Get Squeezed – Bloomberg: the Company & Its Products Anywhere Remote …. Investors also expect bonus revenue from drivers needing cars in the wake of … may have been lost or damaged in Harvey, giving used-vehicle prices a boost. … it had successfully slimmed its bloated fleet of fast-depreciating cars.
• 2018 Honda Odyssey Is A Family Road Trip Champion – Forbes: Then Honda lent my family its new 2018 Odyssey minivan for this year’s summer road trip, and my family saw the light. No stranger to the minivan…
• BRIEF-Constellium says extends long-term partnership with Fiat Chrysler Automotive – Reuters: * Extends its long-term partnership with Fiat Chrysler Automotive to supply aluminium auto body sheet for new Alfa Romeo Stelvio Source text for Eikon: Further company coverage:
• Uber launches in new Southeast Asian markets amid push for government blessing – Reuters: Uber Technologies Inc [UBER.UL] launched operations in Cambodia on Thursday after it received local regulatory approval amid a wider push to secure the blessings of authorities in the markets within which it operates.
• China sets 2019 deadline for automakers to meet green-car sales targets – Reuters: China has set a deadline of 2019 to impose tough new sales targets for electric plug-in and hybrids vehicles, slightly relaxing an earlier plan to launch the rules from next year that had left global automakers worried about being able to comply.
• China to begin new energy vehicle production quota starting 2019 – Automotive News: … of the electric-vehicle market in China, local manufacturers such as Geely Automobile Holdings have also found considerable success in the market,…
• Exclusive: Lyft close to selecting IPO adviser – sources – Reuters: Lyft Inc is close to hiring an initial public offering (IPO) advisory firm, in the first concrete step by the second biggest U.S. ride service company to become publicly listed, according to people familiar with the matter.
• JD.com Partners SAIC Maxus, Dongfeng For Autonomous Van Research – Nikkei: JD.com, China’s largest retailer by revenue, on Thursday said it has formed separate partnerships with vehicle…
• World’s Largest Automakers: Alliance And Toyota Neck-And-Neck, Volkswagen 3rd – Forbes: This time of the year, it usually is pretty clear who will be the world’s largest automaker once the year ends. This time it’s different: All we know is that…
• British drivers to defend employment rights at Uber tribunal – Reuters: Two drivers were set to defend a British tribunal decision giving them workers’ rights at Uber on Thursday, the latest threat to the taxi app’s business model which is battling to keep its licence in London.
• Daimler buys German ride-sharing service flinc – Reuters: * Daimler declines to give transaction price (Adds detail and background)
• UK production fell 5% in August as Brexit worries weigh – Automotive News: … along with BMW Group’s Mini and Rolls-Royce brands, Volkswagen Group’s Bentley, Tata’s Jaguar Land Rover and the PSA-owned Vauxhall unit.
• One of the best-known leaders in the auto industry sees no growth in the US market – CNBC: Reanult-Nissan’s Carlos Ghosn tells he doesn’t expect the U.S. market to grow over the next few years. Ghosn is best-known for radically…
• Fiat Chrysler will engage in US settlement talks over diesel emissions – Automotive News: Fiat Chrysler Automobiles next month will engage in settlement talks with lawyers representing vehicle owners suing the automaker…
• Daimler says acquires ride sharing provider Flinc – Reuters: German carmaker Daimler (DAIGn.DE) said it had agreed to fully acquire ride-sharing company Flinc. In a statement on …
• Shell explores electric vehicle charging, energy management businesses – Reuters: L) is working on developing new energy technologies like ‘smart’ electric vehicle charging and models to reduce customers’ energy use, the head of …
• U.S. senators announce deal on self-driving car legislation – Reuters: Two U.S. senators said late on Wednesday that they had reached a bipartisan deal on legislation aimed at easing hurdles to getting self-driving cars to drivers.
• Toyota, Mazda, Denso to create new company to rush electric car development – Nikkei: Toyota Motor, Mazda Motor and Denso will establish a new company to promote development of electric vehicles, The learned on…
• Japan’s Toyota, Mazda, Denso to tie up to develop electric vehicles, sources say – CNBC: Toyota, Mazda and parts maker Denso are planning to set up a joint venture to develop electric vehicles, sources familiar with matter said. Toyota…
• Insight: Speed over safety? China’s food delivery industry warned over accidents – Reuters: A scooter driver in a bright blue jacket on a food delivery run dashes across a busy intersection slick with rain, hits a turning car and is hurled along the tarmac in a video posted by Chinese police warning that couriers should slow down.
• China to Require Minimum Alternative Energy Car Output in 2019 – Bloomberg: China will require automakers to comply with a cap-and-trade auto emission rule starting from 2019, marking an important step in the government’s…
• Audi electric cars to be built around the world -CEO – Reuters: Audi plans to build electric cars at all of its factories … (Reporting by Andreas Cremer; Editing by Christoph Steitz).
• Toyota will partner Mazda, Denso for electric car venture – Automotive News: The new company, called EV C.A. Spirit, will cooperate on the developing the architecture and components of electric cars for use in a wide range of…
• Toyota and Mazda Are Teaming Up to Make Electric Car Tech – Fortune: Toyota Motor (tm, +0.12%) is establishing a new venture to develop electric vehicle technology with partner Mazda Motor (mzday, +0.40%), seeking to..
• Toyota, Mazda set up venture to develop electric cars – Reuters: Toyota Motor Corp and Mazda Motor Corp said on Thursday they were forming a joint venture to develop electric cars, seeking to catch up with global rivals in the market for battery-operated vehicles
• 100 days in, Ford CEO Hackett must articulate vision – Detroitnews: Stakes are huge for new Ford chief Jim Hackett as he lays out his company’s future
• Subaru exec: Safety and phone connectivity sell cars – Detroitnews: Subaru of America president talks about what makes the automaker unique
• Rich People’s Problems: Should I sell my unreliable Aston Martin? – FT: It was the saddest thing to see Dougal winched on to a low loader. He’s a dear old friend. Perhaps it’s inevitable that if you take an elderly Aston Martin…
• Audi shows the car of tomorrow – today – Detroitnews: As automakers drive toward a world of electrified and self-driving vehicles, one of the biggest questions centers on the design of cars of tomorrow.
• S.Korea to offer tax help, loans to firms hit by China reprisals – Reuters: South Korea said it will offer tax and loan … to auto parts makers hit by declining sales of South Korean cars in China.
• Toyota, Mazda, Denso to form electric vehicle venture: sources – Reuters: Toyota Motor Corp, Mazda Motor Corp and parts maker Denso Corp are planning to set up a joint venture to develop electric vehicles, sources familiar with matter said.
• Palladium Eclipses Beaten-Down Platinum as Drivers Shun Diesel – Bloomberg: … for gasoline-powered cars and trucks, while demand has slipped for platinum, which helps reduce smog from diesel vehicles. An ounce of platinum…
• US Senators Say They’ve Reached a Deal on Self-Driving Car Legislation – Fortune: General Motors (gm, +0.82%), Alphabet (googl, +2.38%), Ford Motor (f, +0.25%) and others have lobbied for the legislation to speed deployment of…
• 3 Must Read Stories: China Developers Debt Risk, China Traders Should Take a Holiday, Tesla in … – Barrons: Chinese property developers have been among the best performing stocks this year as the housing market boom has boosted first half profits.
• Merkel May Have Promised Too Much in Carbon Pollution Fight – Bloomberg: But there’s no way the goal can be met by improving energy efficiency or encouraging electric car use at the pace required within four years, he said.
• Rick Pitino’s legacy: Glory tainted by disgrace – Yahoo: Never should have ended with him getting out of a silver Lexus SUV on Wednesday morning, rushing up the steps of Grawemeyer Hall, Louisville’s…
• I Can’t Wait to Drive in Saudi Arabia Again – New York Times: In May 2011, I drove a car in the city of Khobar, Saudi Arabia, to protest the kingdom’s ban on women driving. As a result, I was arrested, taken from my home in the dark of night and jailed for nine days, during which time I was interrogated, strip …
• Jaguar Land Rover to implement new naming convention – Autocar: Jaguar Land Rover look to be adding more letters and digits to the rear … An Auto Express reader spotted a Jaguar F-Type with a new “P380 AWD”…
• Uber Closes Xchange Leasing After Losing $9000 Per Car – Fortune: In 2013, the company partnered with automakers GM, Toyota, and several unnamed financial institutions launch a leasing program that would reduce…
• Midsize US Sedan Demand Stalls Out to Lowest on Record – Bloomberg: Only about one in 10 new cars sold in the U.S. is a midsize sedan, a sharp … in 20 of the last 27 years, according to data from car-shopping website Edmunds. … behind compact SUVs, large trucks, midsize SUVs and compact cars.
• Amazon announces new Echo devices, voice aide Alexa coming to BMW – Reuters: Amazon also said that its voice aide Alexa, which powers the Echo devices and competes with Apple Inc’s Siri, would be available in some BMW cars …
• Watch This Porsche GT2 RS Set a New Record at Nürburgring – Fortune: The Porsche GT2 RS made it around the Nürburgring Nordschleife circuit in 6 minutes and 47.3 seconds, beating out Lamborghini to become the..
• Audi will build EVs in factories worldwide, CEO says – Automotive News: Audi will build electric vehicles at its plants across the world, … add EVs built on a new premium electric platform it is developing with Porsche. … uses a network of facilities run by VW and Skoda to build vehicles overseas.