Top News:
- Saudi Women Drivers Had a Long and Painful Journey – Bloomberg: Mid 2006: Car showrooms staffed by women for female buyers popped up in Saudi Arabia. Saleswomen would discuss automotive features, but were…
- Ford vies with GM in car technology partnerships – FT: Ford will work with Lyft to develop self-driving cars in a move that pits it directly against General Motors, which has also invested in the business.
- Ford extends paid leave for mothers of new children, adds time off for fathers – Automotive News: Ford Motor Co. is expanding paid time for mothers of newborns and newly adopted children, and is introducing paid time off for fathers as…
- Saudi Women Will Soon Drive Cars and Economic Growth – Bloomberg: Saudi Arabia’s decision to allow women to drive should give a major boost to Crown Prince Mohammed bin Salman’s plan to transform the economy…
- PSA Group partners with Changan for pickup truck – Autocar: The Chinese brand is attempting to penetrate Europe, while PSA is looking to increase foothold in China
- Uber defends business model at UK tribunal on worker rights – Reuters: Uber told a British employment appeal tribunal on Wednesday its drivers were self-employed, not workers entitled to a range of benefits, less than a week after it heard it would lose its London license.
- Uber Appeals ‘Perverse’ Driver-Pay Decision by British Judges – Bloomberg: Uber Technologies Inc. said a court ruling that found drivers were employees of the car-sharing service was “perverse,” saying the workers didn’t have…
- PSA, Changan will develop new pickup – Automotive News: The 5008mm-long double cab, ladder-frame model is based on the Dongfeng Rich pickup and uses a Nissan-developed 2.5-liter turbodiesel engine.
- Trump’s Made-in-America Car Campaign Hasn’t Spurred Investment – Bloomberg: Companies including Toyota Motor Corp., Volvo Cars and Daimler AG have announced $5.5 billion in new American factory investments so far this…
- Saudi women rejoice at end of driving ban long backed by clerics – Reuters: Saudi Arabian women awoke to news of a royal decree permitting them to drive starting next year – and some were already …
- Balance of Power: Women Take the Wheel as Saudis Look to Future – Bloomberg: The architect of Saudi Arabia’s modernization effort has implemented one of his boldest moves yet: Ending the country’s status as the only one in the…
- MG XS to be launched in Britain in October as Dacia Duster rival – Autocar: The MG XS is called the ZS in China MG’s upcoming small SUV will also rival the Ssangyong Tivoli; it lands after the larger MG GS
- UK car thefts surge by 30% in three years – Autocar: Thieves are becoming more technologically advanced RAC figures show that thieves stole 85,688 cars last year, although this accounts for just 0.3% of cars
- VW’s Scania Fined $1.03 Billion by EU for Price Fixing – Bloomberg: Those add to other European investigations and lawsuits over the manipulation of car diesel emissions. The firm has already paid billions of dollars in…
- EU regulators fine Scania 880 million euros for truckmakers cartel – Reuters: EU antitrust regulators fined German carmaker Volkswagen unit Scania 880 million euros ($1.03 billion) on Wednesday for taking part in a truckmakers cartel which resulted in a record 2.9-billion-euro fine for four companies in July.
- BRIEF-TfL board member raised questions about Uber’s tax structure – FT – Reuters: * At least one board member of transport for London raised Uber’s tax structure in writing – FT Source text:
- Tesla shifts to Intel from Nvidia for infotainment: – Reuters: The giant information and entertainment screens in Tesla Inc’s cars will now be powered by chipmaker Intel Corp after the electric carmaker …
- Shocking news about used cars that sell the fastest – CBS News: The all-electric Fiat 500e sold the fastest — in an average of 22.2 days on the market. That compares with 33.4 days for all used cars. The average…
- Ford, Lyft will partner to deploy self-driving cars – Reuters: Ford Motor Co said on Wednesday it will collaborate with Lyft to deploy Ford self-driving vehicles on the ride services company’s network in large numbers by 2021.
- Dyson to Build Electric Car by 2020 – Bloomberg: Sir James Dyson say he will build and electric car by 2020. The manufacturer best known for vacuum cleaners, hair dryers and air filters, says it is…
- South Korea’s Hyundai Oilbank looks to buy Canadian oil – Reuters: South Korea’s Hyundai Oilbank is looking to expand its crude supply sources to include Canada for the first time, a company …
- Dyson to Build Electric Car by 2020 – Bloomberg: Sir James Dyson say he will build and electric car by 2020. The manufacturer best known for vacuum cleaners, hair dryers and air filters, says it is investing one billion pounds to develop the car, plus the same sum to create solid-state batteries …
- Saudi Women Getting Keys to Car May Boost Toyota, Hurt Uber – Bloomberg: Saudi Arabia’s move to open up its auto market to about half of its 32 million total population will have a profound impact on vehicle demand, driving…
- German exporters unfazed by stronger euro, car sector less upbeat – Ifo – Reuters: German exporters have become more optimistic about their business prospects as soaring demand from other euro zone countries helps offset worries about the strengthening currency, the Ifo economic institute said on Wednesday.
- Porsche 911 GT2 RS breaks Nürburgring rear-drive record – Autocar:
- Uber seeks UK chairman as threats to its business mount – Reuters: Taxi hailing app Uber [UBER.UL] said on Wednesday it had hired a headhunter to fill a new position of UK chairman, as part of a process which began weeks before London’s transport authority stripped it of its licence.
- Ford and Lyft Sign Driverless-Car Agreement – WSJ: Ford Motor Co. and Lyft Inc. said Wednesday they would develop self-driving vehicles for the ride-hailing service, adding to a growing number of…
- Hong Kong stocks climb as developers, BYD extend rebound – Nikkei: Geely Automobile Holdings, the Hang Seng Index’s best performer this year, advanced 3.6% and on course for a second day of gains. “The market is…
- MIDEAST STOCKS-Saudi bourse may cheer move to allow women to drive – Reuters: Saudi Arabia’s stock market may get a boost on Wednesday from news that women will be allowed to drive cars for the first …
- Ford And Lyft Partner to Bring Self-Driving Cars to Public Roads – Fortune: Ford Motor (f, -0.25%) has struck a partnership with Lyft to develop and test self-driving vehicles on the ride-hailing company’s growing network of…
- A Vacuum Billionaire’s Long Journey to Make a Car That Doesn’t Suck – Bloomberg: Inventor James Dyson confirmed on Tuesday that his eponymous company, best known for its vacuums, is building an electric car. The project has…
- Ford plans to test self-driving cars with Lyft – which is partly owned by GM – CNBC: The U.S. automaker plans to make its autonomous-drive vehicles available to the ride-hailing service’s customers.
- Tesla Inc (TSLA) Stock is a Gamble That Elon Musk is the Next Jeff Bezos – Yahoo: The bears are once again coming out of hibernation and sniffing out Tesla Inc (NASDAQ:TSLA) as a potential target. As a love-hate affair with virtually no middle ground, it’s also no surprise that TSLA stock can be quite volatile. You never know which …
- Tesla’s stock sputters as signs of competition increase – Reuters: ) – Shares of Tesla Inc (TSLA.O) remained in a correction on Tuesday after a billionaire British inventor announced plans for his own electric vehicles, taking the shine off an analyst prediction that Tesla’s cars would be …
- Lyft Adds Ford to Its List of Self-Driving Car Partners – New York Times: A Ford Fusion equipped with autonomous controls in Ann Arbor, Mich. Lyft is working with Ford on a self-driving vehicle partnership. Credit Jeff…
- Dyson’s Electric Car Dreams Hinge On Battery Development. His Not-So-Secret Weapon: Ann … – Forbes: Dyson’s Electric Car Dreams Hinge On Battery Development. … that give Dyson’s privately held, family-owned corporation formidable capabilities in…
- Boats by Bugatti, Aston Martin, Lexus and Mercedes make a splash – FT: … Haslam, the company’s marketing director, who joined from Bentley Motors two…
- UK inventor James Dyson aims for electric car launch by 2020 – Reuters: James Dyson, the billionaire British inventor of the bagless vacuum cleaner, said on Tuesday his company was working on …
- Toyota, Hyundai Dominate Saudi Auto Market Opening Up to Women – Bloomberg: Japan’s Toyota Motor Corp. accounted for 32 percent of the 676,000 vehicles sold in Saudi Arabia last year, while South Korean carmaker Hyundai…
- Tesla shares rebound while signs of competition increase – Reuters: ) – Shares of Tesla Inc rebounded from a correction on Tuesday after an analyst predicted its electric cars would become commonplace within two years and a billionaire UK inventor announced plans for his own electric …
- Toyota to produce Yaris subcompact in Brazil – Nikkei: Toyota Motor is pouring 1 billion reais ($316 million) into a new Brazilian production line for the Yaris, which the Japanese…
- Dacia has no plans to expand model range – Autocar: The recently revealed facelifted Dacia Duster Brand boss Jean-Christophe Kugler says Dacia is under no pressure to add to its model line-up
- Face of LA2028 braced for brave new world – Reuters: LA2028 Chairman Casey Wasserman knows full … Driverless cars, virtual reality, new sports and new athletes, the 2028 …
- GM, Unifor head back to bargaining as strike at Equinox plant continues – Automotive News: “Some progress” has been made in labor negotiations between Unifor and General Motors, the union said Tuesday evening as the strike continued at…
- Video: 2018 Aston Martin DB11 V8 – Better than its V12 brother? – Autocar: Gaydon begins a new era of shared AMG powertrains with this downsized eight-cylinder
- EPA to Spend Nearly $25000 on a Soundproof Booth for Pruitt – New York Times: The Environmental Protection Agency has signed a contract for nearly $25,000 to build a soundproof…
- Cramer sheds light on why the sell-off in top stocks isn’t based on fundamentals – CNBC: “Mad Money” host Jim Cramer explains why stocks like Apple, Facebook and … To add to the pressure, Tesla announced a partnership with Advanced…
- Tesla reportedly switching from Nvidia to Intel for new chip – CNBC: … over Nvidia to make chips for the “infotainment” system in Tesla cars, … Drivers control most of the car’s features through those screens.
- Toyota needs startups on the road to robocars – Detroitnews: … stake worth about $250 million, according to data compiled by . … In the autonomous car race, though, Toyota appears to be behind. … Toyota is aiming for 2020, with a more conservative goal of having vehicles that can…
- JPMorgan scores partial win in $1.5 billion GM bankruptcy dispute – Reuters: JPMorgan Chase & Co (JPM. … on each of these 200,000 assets, cars very well might be flying around Mars by the time …
- Nvidia Drops: Tesla to Switch to Intel for ‘Infotainment,’ Says – Barrons: For the second time in a week, is sending shivers through shares of Nvidia (NVDA), arguing its customer Tesla (TSLA) is looking to use…
- Saudi king decrees women be allowed to drive – Reuters: Saudi King Salman on Tuesday ordered that women be allowed to drive cars, ending a conservative tradition …
- James Dyson to roll out “radically different” electric car – CBS News: James Dyson wouldn’t release details about the vehicle, citing fierce competition in the … Dyson faces a slew of competitors in the electric car field.
- Suez Canal chief says Mercedes-Benz to establish new facility in economic zone – Reuters: (Reporting by Momen Abdel Khalek and Nadine Awadalla in Cairo Additional reporting by Georgina Prodhan and Andreas Cremer Editing by Jeremy …
- Saudi Arabia to Lift Ban on Women Driving, Ending Global Isolation – Bloomberg: Saudi Arabia will allow women to drive cars, ending its status as the only country in the world to ban half the population from getting behind the wheel.
- Uber’s Contrite Stance in London May Hint at a Fruitful New Path – New York Times: Taxi drivers protesting in London last year over what they said was an unfair advantage that Uber enjoyed in the British capital. Credit Dan Kitwood/Getty Images. “Move fast and break things” may have been Facebook’s mantra, but few companies have …
- Saudi Arabia Agrees to Let Women Drive – New York Times: Credit Faisal Al Nasser/ … culture for women to drive, or that male drivers would not know how to handle having women in cars next to them.
- Dyson Will Build `Radically Different’ Electric Car by 2020 (1) – Bloomberg: Dyson Ltd., best-known as a manufacturer of vacuum cleaners, hand driers and air filters, will build an electric car by 2020, founder…
- UK inventor James Dyson to launch electric car – Automotive News: Dyson has been hiring executives from British automakers including Aston Martin and Jaguar Land Rover. Aston Martin’s former director of purchasing…
- Uber says it will pull out of Quebec – Automotive News: Ride-hailing service Uber Technologies Inc. said on Tuesday that it will stop operating in the Canadian province of Quebec next month,…
- Cadillac Finally Has an Answer to Tesla’s Autopilot – Bloomberg: That’s how long a driver can spend checking Instagram while the opulent 2018 version of its CT6 sedan drives itself. Then the first of three escalating…