Top News:
- AutoNation to provide service to Waymo’s self-driving cars – Automotive News: AutoNation will provide “strategic capabilities to maximize the self-driving vehicle fleet’s life across the United States,” the nation’s largest new-vehicle…
- Tesla must stop overpromising, could need more finance -analysts – Reuters: Tesla said bottlenecks in the rampup of production of the more affordable Model 3 sedan, widely seen as crucial to the company’s future profitability, stemmed from its battery module assembly line at its Nevada Gigafactory, where Tesla had to redesign …
- Suzuki frets about India’s electric shift despite sales boom – Reuters: The logo of Suzuki Motor Corp. is pictured at the 45th Tokyo Motor Show in Tokyo, Japan October 25, 2017. Picture taken October 25, 2017.
- Waymo Enlists AutoNation to Maintain Driverless Test Fleet – New York Times: Waymo, one of the leading forces in self-driving technology, is enlisting the largest auto retailer in the United States, AutoNation, to maintain and repair…
- Porsche SE Buys Minority Stakes in 3D-Printing Manufacturers – Bloomberg: Porsche Automobil Holding SE, the investment vehicle whose main asset is a majority holding in Volkswagen AG, acquired minority stakes in two…
- Ferrari Raises 2017 Profit Target on Limited-Edition Cars – Bloomberg: The new five-year strategy, to be presented in early 2018, is set to include expansion into new segments, including sport utility vehicles, to win more…
- Modified Toyota C-HR primed to beat FWD Nurburgring lap record – Autocar: Toyota had called the car ‘world’s quickest SUV’
- California Doesn’t Have Enough Charging Stations to Hit Its Electric Car Goals – Bloomberg: In 2012, Governor Jerry Brown set a goal of putting 1.5 million electric vehicles on California roads by 2025. As of September, the state had 334,393…
- FBI’s UAW training center probe widens to GM, Ford – Detroitnews: The investigation focuses on whether training funds were misappropriated, and if labor leaders at GM and Ford received money or benefits through…
- Nissan, Toyota among winners as French sales rise 14% – Automotive News: New-car registrations in France increased 14 percent in October, with Asian and French automakers both recording growth of more than 20…
- The 5 worst car seat mistakes parents are making – Washington Post: Safe Kids Worldwide says car seats can reduce the risk of death by as … 2 years old or reach the weight and height limits set by the seat manufacturer. … Some suggest you avoid rental car company car seats for the same reasons.
- Mazda’s operating profit rises 2% as weak yen offsets rising costs – Automotive News: Profit at Mazda Motor Corp. inched ahead 1.9 percent in the latest quarter as windfall foreign exchange rate gains offset rising costs and…
- EVs From Tesla and GM May Start Losing Their Tax Credits – Bloomberg: First, buyers of vehicles from leading EV makers such as Tesla Inc. and General Motors Co. could soon use up the maximum value of tax credits for…
- Mazda operating profit edges up in second-quarter on yen, China sales boost – Reuters: Mazda Motor Corp (7261.T) on Thursday reported a 1.9 percent rise in operating profit for the second quarter, supported by a weak …
- Volvo Cars October sales up 5.3 pct yr/yr fuelled by strong China – Reuters: Geely-owned Volvo Car Group said in a statement on Thursday its sales rose 5.3 percent year-on year in October …
- Japan’s Suzuki lifts outlook on strong India sales – Reuters: Suzuki Motor Corp sharply raised its full-year profit forecast on Thursday, driven by strong sales at home and in India, …
- Japan and China sales prop up Mazda in first half – FT: Strong vehicle sales in Japan and China propped up Mazda’s sales in the first six months of its fiscal year, offsetting declines in other geographies.
- Japan’s Suzuki posts second-quarter profit jump, lifts full-year outlook – Reuters: Suzuki Motor Corp reported on Thursday a 56 percent jump in operating profit for the second quarter, driven by strong sales at …
- Mazda Q2 operating profit up 1.9 pct y/y – Reuters: Mazda Motor Corp on Thursday reported a 1.9 percent rise in operating profit for the second quarter, as an increase in …
- Tesla’s Chinese Suppliers Sink on Slower EV Timeline – Bloomberg: Chinese companies that supply Tesla Inc. fell Thursday after Elon Musk indicated his pioneering electric car firm won’t start making vehicles in the…
- Tesla Reveals Time Frame for China Factory – WSJ: Tesla Inc. TSLA -3.15% indicated on Wednesday it plans to make cars and sport-utility vehicles in China in about three years as part of a bet to make the pricey electric vehicles more appealing to local buyers. Chief Executive Elon Musk laid out the …
- Toyota pushes for autonomy regulations tidy up – Autocar: Japanese manufacturer calls on governments to work together to develop harmonised regulations for self-driving cars
- Tesla stock falls on Model 3 delays, biggest-ever quarterly loss – Reuters: … buyers, intended to help manufacturers ramp up electric vehicles, begin to expire after the company sells its 200,000th vehicle in the United States.
- Auto execs tell UK prime minister they need clarity on Brexit transition – Automotive News: But the overwhelmingly foreign-owned industry, dominated by India’s Jaguar Land Rover and Japan’s Nissan, is worried Brexit will add tariffs and…
- Volkswagen Group hybrid hot hatches for 2020 – Autocar: Petrol-electric Skoda Fabia vRS is part of a new generation of performance cars
- Mercedes A class moose-test crisis recalled – Automotive News: Former Daimler executive Juergen Hubbert talked about how Mercedes-Benz came back from its “flip over” crisis in 1997. The automaker’s new A…
- Musk Admits Tesla’s Automated Drive System May Need More Computing Horsepower – Forbes: Tesla wants to create truly self-driving cars, but may need a tweak or two to its current hardware to do that. A year after Tesla started selling vehicles…
- Elon Musk Says This Is Tesla’s ‘Biggest Problem’ – Fortune: Elon Musk has a cold. Tesla’s CEO had bigger troubles than a runny nose to apologize for on the company’s earnings conference call Wednesday, though, and he offered a rare mea culpa after the electric automaker reported disappointing third-quarter…
- Why Tesla Needs China More Than China Needs Tesla – Forbes: China has clear ambitions to lead the world in electric vehicles in a broader effort to build a cleaner, environmentally-conscious society. The timing of…
- Tesla loses $619M in 3Q amid delays in Model 3 sedan – Freep: With delays in Tesla’s highly anticipated Model 3 electric car stacking up, the company swung from a $22 million profit in 2016’s third quarter to a net loss of $619 million, much worse than S&P Global Market Intelligence’s projection of $498 million …
- Maruti Suzuki India will make electrics — but hybrids come first – Nikkei: NEW DELHI Maruti Suzuki India plans to begin producing electric cars to meet the government’s directive that all vehicles sold in the country be…
- Australia’s Holden runs out of road – Nikkei: Holden will live on, but only as a sales and import division of General … Ford Motor, Toyota Motor, Renault, Nissan Motor and Mitsubishi Motors.
- Elon Musk: Why Tesla Fired 700 Employees – Fortune: Tesla CEO Elon Musk called recent media coverage over the company’s decision to fire about 700 employees following annual performance reviews…
- Tesla Model 3 production target falls further behind schedule – FT: Tesla has pushed back production targets for its new Model 3 cars by three months, blaming problems at its giant battery plant in Nevada for the…
- Tesla Is Three Years Away From Making Cars in China, Musk Says – Bloomberg: A plant in China would reduce shipping costs and make vehicles like its new Model 3 sedan more affordable. Autos imported into the country are…
- Before the New York attack: Practicing turns in a truck and watching ISIS videos – Washington Post: … few weeks, Carlos Batista noticed something odd – his neighbor Sayfullo Saipov would occasionally drive a Home Depot pickup truck on the block,…
- Tesla’s Nightmare Before Christmas – Bloomberg: It looks like Elon Musk just canceled Thanksgiving and probably Christmas, too — if you work at Tesla Inc., anyway.
- Tesla plans to be making cars in China in about 3 years, says Elon Musk – CNBC: Tesla is setting a “rough target” of producing cars in China in about three years, said CEO Elon Musk. Musk told analysts Wednesday that Tesla’s…
- Tesla’s Elon Musk Reassures Investors Over Model 3 Delays – New York Times: Elon Musk, Tesla’s chief executive, sought on Wednesday to reassure … Further delays will most likely benefit competitors such as General Motors and…
- CANADA: Trucks drive October sales gain of 6.3 percent – Automotive News: Trucks and utility vehicles drove October sales increases for General Motors Canada and Nissan Canada while F-series trucks proved to be the…
- Tesla posts big loss, delays Model 3 production goals – Detroitnews: … Tesla Inc. reported its biggest-ever quarterly loss as the company delayed by months a … By comparison, General Motors Co. sold 6,710 all-electric Chevrolet Bolts in the third…
- Trucks, SUVs Drive US October New Vehicle Sales – New York Times: DETROIT – Major automakers posted mixed U.S. new vehicle sales in October on Wednesday, though America’s love affair with high-margin pickup…
- Tesla shares drop after posting wider-than-expected loss – CNBC: The company reportedly fired hundreds of workers recently and is facing a … even saw the vehicle, so it’s clear Tesla buyers don’t follow the usual logic-driven car … The company also expected non-GAAP automotive gross margin to…
- US October sales of trucks, SUVs soar, car slump continues – Reuters: The U.S. auto industry has had a strong run that culminated in record sales of 17.55 million units in 2016. New sales got a strong boost in September …
- New Volkswagen Polo GTI ‘more agile’ than Golf GTI, plus exclusive images – Autocar: Tech focus: hottest Polo to feature 197bhp, with dual-clutch DSG gearbox and sharpened chassis