Top News:
- Nissan Motor says CEO Saikawa to brief on uncertified inspection issue – Reuters: Nissan Motor Co Ltd said Chief Executive Hiroto Saikawa will hold at news conference 1000 GMT on Thursday to brief on its uncertified inspection scandal.
- Tesla to raise pay by 30 percent at German division – works council – Reuters: Luxury electric car maker Tesla Inc (TSLA.O) and … Writing by Andreas Cremer,; Editing by Douglas Busvine and Adrian Croft.
- Aluminum From Kobe Steel Clears Auto Makers’ Safety Checks – WSJ: Toyota Motor, Honda Motor and Mazda Motor said they haven’t found vehicle-safety issues from aluminum supplied by Kobe Steel, which sparked world-wide concern when it admitted falsifying documents about the metal.
- BMW planning more driver-focused GTS and CSL models – Autocar:
- Toyota, other Japanese carmakers say hoods containing Kobe Steel aluminium are safe – Reuters: Three Japanese automakers on Thursday confirmed the safety of aluminium components made by Kobe Steel Ltd, allaying some concerns that Kobe’s falsified quality data had compromised the safety of the products.
- Toyota, Mazda, Honda say Kobe Steel aluminum parts are safe – Nikkei: This is the first safety confirmation of Kobe Steel products among automakers after Kobe Steel acknowledged last week that it had falsified…
- Play Your Corporate Scandal Right – Bloomberg: Take what happened at Volkswagen AG or Mitsubishi Motor Corp. Shares of both plunged after the automakers admitting to cheating on diesel…
- China’s electric car output to hit 1 million next year – BAIC chairman – Reuters: China’s electric vehicle (EV) production could touch 1 million units next year and 3 million units by 2020, said Xu Heyi, chairman …
- This ex-Googler is bringing self-driving excavators to construction sites – CNBC: Built Robotics has raised $15 million in a round led by NEA to do for construction equipment what Waymo is doing for automobiles.
- Toyota says aluminium plates from Kobe Steel meet standards – Reuters: Toyota Motor Corp on Thursday said that it had confirmed that aluminium plates supplied by Kobe Steel Ltd with falsified quality data which were used in parts for some of the Japanese automaker’s vehicles had met safety and durability standards.
- How supercar dealers clinch a sale – Detroitnews: Smart dealers of exotic cars see their business as pure luxury retail – like hawking a Birkin bag or Gucci shoes
- Toyota, Honda and Mazda Say Aluminum From Kobe Steel Cleared Safety Checks – WSJ: Toyota Motor Corp. TM 0.77% , Honda Motor Co. HMC 0.16% and Mazda Motor Corp. 7261 -0.40% said Thursday they haven’t found vehicle-safety…
- (LEAD) Hyundai Jan-Sept China sales plunge 42 pct amid THAAD woes – Yonhap: South Korea’s Hyundai Motor Group said Thursday its sales in China plunged 42 percent in the January-September…
- Japan Transport Ministry Considering Checks of Cars, Trains Using Kobe Steel Products: Kyodo – New York Times: TOKYO – Japan’s transport ministry is considering convening a meeting to probe the safety of automobiles, trains and planes using products from…
- Hyundai, Kia continue to suffer setbacks in China amid THAAD woes – Yonhap: Hyundai Motor Co. and its affiliate Kia Motors Corp. said Thursday they posted a 20-percent on-year drop in China sales…
- Hyundai Motor Group receives most fines among top 10 conglomerates: FTC – Yonhap: Hyundai Motor Group has been fined the most among South Korea’s 10 biggest conglomerates in the past 18 months for…
- U.S. diesel margins to drive refiner profits for third quarter and beyond – Reuters: U.S. refiners are set to blow past quarterly earnings expectations after margins surged to a two-year peak on the back of a crippling hurricane season that squeezed already tight gasoline and diesel supplies.
- Former Uber Executive Is Dropped From Privacy Lawsuit – WSJ: Uber’s former chief business officer, Emil Michael, was dropped as a defendant in a lawsuit that alleges top Uber executives invaded the privacy of a woman raped by a driver in India.
- Honeymoon’s Over? GM Cruise Said To Turn To Uber As Lyft Alliance Cools – Forbes: … lined up a string of additional pilot programs with other autonomous tech developers, including Waymo, Jaguar Land Rover, nuTonomy and Drive.ai…
- Einhorn Says GM Outmaneuvered Him in Stock Split Battle – Bloomberg: Hedge fund manager David Einhorn said he bungled his campaign to get General Motors Co. to split its stock and conceded he was outmaneuvered…
- Why there’s a need for protocol on self-driving car accidents – Automotive News: A self-driving car festooned with cameras, radar and lidar will be much safer than conventional vehicles. For example, such a vehicle can calculate…
- Honda eyeing electric scooter that can power home appliances – Nikkei: Japan’s Honda Motor plans to start selling motorized scooters that run on detachable batteries in Southeast Asia starting as early as 2019,…
- Former workers accuse Tesla of racial discrimination at California factory – Reuters: Tesla Inc was hit with a racial discrimination lawsuit in California state court accusing the electric car manufacturer of running a workplace so hostile to black workers that it was reminiscent of the Jim Crow era. In a lawsuit filed on Monday …
- Porsche, Nissan to recall vehicles over fuel pump, air bags – Yonhap: Nissan Korea issued a recall on 11 Infiniti Q50 Hybrid models manufactured in January over problems in the driver’s frontal air bag inflator. The recall…
- Mitsubishi Ready to Implement Three-Year Comeback Plan – Detroit Bureau: The resurrection of Mitsubishi Motors Corp. begins with a plan that calls for a 30% increase in sales during the next three years, coming in three major…
- Illinois no longer a contender for Toyota-Mazda plant or its 4000 potential jobs – Chicago Tribune: In this May 13, 2015 file photo, Toyota Motor Corp. President Akio Toyoda, left, and Mazda Motor Corp. President Masamichi Kogai pose for…
- Fuel cell, electric cars to grab spotlight at Tokyo Motor Show – Nikkei: … Nissan Motor will debut a souped-up version of its flagship electric vehicle, the Leaf, … Honda Motor’s Sports EV Concept will make its world premiere at the Tokyo show.
- Hyundai Kona about to hit NZ streets – Autocar: Hyundai New Zealand General Manager Andy Sinclair says the level of awareness and interest among consumers has been “quite phenomenal”.
- How Trump Getting His Way on Nafta Would Reshape the Auto Sector – Bloomberg: President Donald Trump’s proposed changes — including requiring vehicles have 85 percent Nafta-sourced parts with half coming from the U.S. to…
- VW’s Seat abandons ambitions to enter Iranian market – Reuters: Volkswagen’s Spanish division Seat is no longer …
- Thai Sept car exports at 2-year high as Mid-East demand recovers – Reuters: (Adds detail, graphic). * Sept car exports +7.19 pct y/y, domestic sales +21.9 pct y/y. * Auto exports, domestic sales may beat targets – federation.
- Toyota Targets 620-Mile Driving Range With Fuel-Cell Concept Car – Bloomberg: Toyota Motor Corp. is set to unveil a fuel-cell concept car that aims to offer 50 percent more driving range than its current…