Top News:

• Ford, China’s Zotye Auto invest $756 million in electric vehicle JV – Reuters: Ltd, plans to build a manufacturing plant in Zhejiang province and will sell all-electric vehicles under a new Chinese brand, tapping into a boom for …
• EU plans credit system, fines to push low-emission car production – Reuters: The European Commission is keen for legislation to stimulate European industry to develop electric vehicles, afraid that it is falling behind China, …
• Wall Street’s torrid love-hate relationship with Tesla – CBS News: That’s because a torrid love-hate relationship currently exists between investors and Tesla (TSLA), the maker of revolutionary electric cars. The stock…
• Why Mercedes expects big boost from first pickup – Automotive News: Mercedes-Benz Vans is the third-largest manufacturing arm of Daimler after cars and trucks, generating 12.8 billion euros in revenue with an operating…

• New EU vehicle emissions rules disappoint climate activists – FT: Brussels has proposed new rules to try to prod car makers to invest in electric vehicles and meet climate change goals – but the targets have left…
• All five-star ratings in latest Euro NCAP test batch – Autocar: Citroën, Seat, Skoda, Mitsubishi, Vauxhall, Volkswagen and Volvo all score big wins in an SUV-dominated batch
• EU to set 30% CO2 reduction target for automakers, push EV sales with credits – Automotive News: Electric-car production in the European Union will get a spur under a proposal by regulators to introduce credits for EVs as part of…
• Uber Partners With NASA in Vision for Managing Flying Cars – Bloomberg: Uber Technologies Inc. advanced its vision of a network of flying cars by … Uber’s flying car initiative, dubbed “Uber Elevate,” comes at a time when…
• Ford to Invest $756 Million in China With Zotye for Electric Car – Bloomberg: Ford Motor Co. and partner Anhui Zotye Automobile Co. will invest 5 billion yuan ($756 million) to make and sell small electric cars in China as…
• Carl Icahn, the Car Guy: Why He Bets on Hertz, Lyft and Pep Boys – Bloomberg: Carl Icahn rarely takes his Mercedes out for a spin. And he figures many people in the U.S. will eventually treat their vehicles as dismissively as he…
• Social Media Has Failed Its Self-Driving Test – Bloomberg: Most agree that algorithms aren’t ready to drive cars without human … I wouldn’t be surprised if a company testing autonomous vehicles took seriously…
• Qualcomm buy may pit Broadcom against Intel in ‘connected car’ fight – Reuters: If Broadcom Ltd’s unsolicited $103 billion bid for Qualcomm Inc succeeds, it could set up a battle with Intel Corp for dominance in the …
• Cities urged to help cut global supply chain emissions – Reuters: TEPIC, Mexico (Thomson Foundation) – Cities should try to slash the … emissions – those generated along the global production chain when cars, … to do something about them, he told the Thomson Foundation.
• Schaeffler to create 900 jobs at new German supply site – Reuters: German automotive supplier Schaeffler said it will spend 180 million euros ($209 million) to build an assembly and …
• Nissan CEO Emphasizes Profits Over Volume – WSJ: YOKOHAMA, Japan- Nissan NSANY -0.10% Motor Co. Chief Executive Hiroto Saikawa said fierce competition in the U.S. has been eating into…
• PSA Restructuring Plan May Slash Opel-Vauxhall Jobs, Factories – Forbes: Up to 6,000 jobs could go and some factories could be closed Thursday when France’s PSA Group announces its restructuring plan for Opel-Vauxhall,…
• Waymo announces driverless Uber alternative – Autocar: Google parent company Alphabet’s driverless ride-hailing service will launch in the US in the next few months
• Citroen Wants to Be Like Cartier and Cognac (in China) – Bloomberg: An employee polishes the badge of a Citroen C3 Aircross automobile, manufactured by PSA Peugeot Citroen, during the second media preview day…
• Europe Steps Up Electric-Car Push to Close `Huge Gap’ With China – Bloomberg: Electric-car production in the European Union will get a spur on Wednesday when EU regulators act to close a technological gap with…
• Nissan tries to put inspection scandal behind it – FT: Nissan laid out its goals for the next six years in an effort to move past the inspection scandal that forced it to lower full-year profit guidance and…
• Nissan cuts profit outlook on inspection scandal after downbeat Second quarter – Reuters: Japan’s Nissan Motor Co (7201. … for a special loss of 4.5 billion yen to pay for re-inspections for the recalled cars.
• The House Tax Cut: Who Gets What – Bloomberg: Effect: This provision is understandably unpopular with businesses such as car dealerships that borrow to buy inventory and have low margins.
• EU to set 30 percent CO2 reduction target for cars and vans – Reuters: The European Commission will propose on Wednesday tougher carbon dioxide reduction targets for new cars and vans of 30 …
• Nissan’s Moving Targets Aren’t Restoring Confidence: Gadfly – Washington Post: So it’s worrying that Nissan Motor Co. CEO Hiroto Saikawa spent much of an hour-long press conference Wednesday, called to discuss the first-half…
• Modern slavery seeps through murky world of Britain’s car washes – Reuters: Tricked into washing cars in London for 12 hours a day without pay and treated like a slave, Bogdan quit …
• Nissan cuts profit outlook on inspection scandal after downbeat Second quarter – Reuters: Japan’s Nissan Motor Co (7201. … Leaf electric car and Rogue SUV crossover, told reporters at an earnings briefing …
• It’s Not Tesla That Scares Europe in Electric-Car Race – Bloomberg: The plan, which would progressively tighten existing CO2 limits, will feature incentives for automakers to shift to electric vehicles, a top commission…
• Faulty inspections push down Nissan’s yearly financial forecast – Nikkei: “Faulty inspections by uncertified personnel will put pressure on corporate profit,” said Nissan CEO Hiroto Saikawa at a Wednesday news conference.
• Scandal-hit Nissan slashes annual operating profit forecast – Yahoo: The manufacturer left its forecasts for net profit and sales unchanged at 535 … post at Nissan to focus on overhauling scandal-hit Mitsubishi Motors.
• Toyota won’t release autonomous features until they’re safe – Autocar: In order to protect its customers and the integrity of the brand, Toyota won’t release certain features until they have been proven
• Peak Oil? Majors Aren’t Buying Into the Threat From Renewables – New York Times: A analysis of clean energy investments and forecasts by oil majors, along with … Natural gas can also fuel the power needed for electric cars.
• Waymo’s Autonomous Cars Ditch Backup Human in Breakthrough Test – Bloomberg: For almost a decade, self-driving cars have graced public roads — but always with a person behind the wheel. Now Waymo is yanking…
• Nissan Q2 profit disappoints, cuts annual view on Japan inspection costs – Reuters: Nissan Motor Co (7201. … Nissan has led Japanese automakers in sales in the world’s biggest auto market this year, …
• Nissan second-quarter operating profit drops 21.6 percent, misses estimates – Reuters: Nissan Motor Co (7201.T) on Wednesday reported a 21.6 percent drop in operating profit for the second quarter due to weakness …
• China October Auto Sales Rise 2.7% on New Models in Local Market – Bloomberg: General Motors’ China sales increased 10.7 percent in October from a year earlier to 382,723 units, led by growth in its Baojun and Cadillac brands. Honda sold 132,807 cars in the same month, a gain of 14 percent, benefiting from new models including …
• Rev-Up: – New York Times: Technically speaking, self-driving cars are already here. But in even the most optimistic scenario – given their persistent difficulties with situations as…
• Green driving’s dirty secret: how clean is your car? – FT: From a government standpoint, all electric vehicles are equally green … electric vehicle sold today offers a range of less than 250km, according to EV…
• Nissan trims FY profit guidance after 1.2m vehicle recall – FT: Nissan lowered its profit guidance for its fiscal year owing to its recent certification scandal that led to the recall of 1.2m vehicles destined for the…
• Nissan Slashes Profit Forecast After Announcing Japan Recall – Bloomberg: Nissan Motor Co. cut its annual profit forecast by almost 6 percent after announcing a recall of vehicles in Japan that went through an inspection…
• Geely Automobile To Buy Engine, Parts Units From Parent For CNY1.83 Billion – Nikkei: Geely Automobile Holdings agreed to buy three engine and auto parts units from its parent company Geely Holding Group…
• Southeast Asian auto sales poised for growth again in 2017 – Nikkei: A Mitsubishi Motors-affiliated dealership in Bangkok. … BANGKOK–The Southeast Asian auto market, buoyed by strong sales in Thailand and the…
• Waymo removes human monitors from self-driving cars; FDA issues warning to pot industry over … – Washington Post: Chief executive John Krafcik said Tuesday that the company, which grew out of Google’s self-driving-car initiative, has begun running some of its fully…
• Carlos Ghosn Does It Again – Bloomberg: The auto patriarch who last year folded troubled Mitsubishi Motors Corp. into the Groupe Renault-Nissan Motor Co. global alliance has seen the value…
• Lamborghini Unveils a Self-Healing Electric Supercar – Bloomberg: Automobili Lamborghini unveiled its Terzo Millennio (“third millennium”) concept car at the EmTech conference in Cambridge, Mass., on Monday.
• The US and Japan Don’t Have a Trade Problem – Bloomberg: Most of the Japanese brand cars sold in the U.S. are made in North America. Some of that is in Mexico, but much — for Nissan, around three quarters…
• The company behind ‘Grand Theft Auto’ gave strong guidance, and shares are popping – CNBC: … analysts average estimate of $546 million, according to Thomson . … The iconic “Grand Theft Auto V” has also been a consistent revenue…
• The biggest problem with electrified cars may be car buyers – CNBC: The biggest enemy of electric cars in America may be the average car … Ride-hailing company Lyft has said it wants its own self-driving fleet to be…
• Tesla learned of Dyson’s EV plans 2 years early – Detroitnews: What they didn’t know was that an engineer who they had picked for a small and highly secretive group to work on it already had a job offer from Tesla…
• Toyota cuts production costs to fund research – Detroitnews: While Toyota joins Honda Motor Co. in raising annual profit forecasts, Subaru Corp. cut its estimate for the fiscal year and Mitsubishi Motors Corp.
• Oz could be electric car ‘world leader’ – Yahoo: The council’s chief executive Behyad Jafari told the committee looking into the future of electric cars that while Australia has rich reserves of minerals…
• Tesla Learned About Dyson’s Secret Car Plans Two Years Early (1) – Bloomberg: When Dyson Ltd. started developing an electric car — a radical departure for a company known for vacuums and hand dryers…
• German minister warns EU against toughening car emissions targets – Reuters: German Foreign Minister Sigmar Gabriel has told … toughening of European car emissions targets by 2025, warning that stricter …
• Mitsubishi swings to quarterly operating profit – Automotive News: Mitsubishi Motors swung to a quarterly operating profit as cost cuts and favorable exchange rates helped it to rebound from a…
• Investments Weigh on BMW Profit as It Strives to Regain Industry Lead – New York Times: By REUTERS NOV. … BMW, the top seller of luxury cars for more than a decade, was overtaken by Mercedes last year, and its third quarter operating…
• Germany’s Greens drop key demands ahead of crunch coalition talks – Reuters: The leaders of Germany’s Greens said on … down coal-fired power stations and ban cars with internal combustion engines, ..