- Renault-Nissan alliance, Didi Chuxing to explore China electric car-sharing tie-up – Reuters: The Renault-Nissan-Mitsubishi alliance said on Wednesday it has signed a memorandum of understanding with car-hailing service company Didi Chuxing to explore future business cooperation on a new electric car-sharing service in China. FILE PHOTO: The…
- Nissan sees China growth outpacing market this year, slower than 2017 – Reuters: We’ve told our dealers and others we aim to sell more than 1.6 million vehicles this year, Nissan’s China chief Jun Seki told Reuters ahead of the formal announcement. Seki is president of Dongfeng Motor Co Ltd, a 50-50 joint venture between Nissan and…
- Hyundai Kona Electric to be revealed at Geneva motor show – Autocar: Hyundai’s second electric car after the Ioniq will be a new variant of the Kona small SUV; a range of up to 292 miles from a single charge is anticipated
- Hyundai Set to Lead Global Firms in Race to Sell EVs in India – Bloomberg: The South Korean company plans to bring next year completely-knocked down kits from its factories at home, Y.K. Koo, chief executive officer of Hyundai’s India unit, said at the Auto Expo in New Delhi on Wednesday. Maruti Suzuki India Ltd. will…
- Kia SP Concept heads to India with new design direction – Autocar: Korean car maker will enter India, one of the world”s fastest growing markets, with this new SUV
- Mazda third quarter profit jumps on weak yen, US sales remain sluggish – Reuters: The maker of the Mazda 3 sedan and the popular CX-5 SUV said it sold 404,000 vehicles globally on a group basis in the October-December period, up 4 percent from a year earlier, led by higher sales in Japan, ASEAN countries and in South America. Sales…
- McLaren Senna: full technical breakdown of 789bhp track hypercar – Autocar: This is the McLaren Senna, captured in Autocar’s exclusive pictures Its spec, looks, price, brief and, yes, name make this one seriously hyped hypercar. Justifiably so? We dissect McLaren”s new monster
- McLaren Senna racing intentions confirmed by brand boss – Autocar: The racing McLaren Senna, as imagined by Autocar CEO Mike Flewitt hasn’t ruled out Le Mans 24 Hours entry; it could become possible if 2020 rule changes allow supercars into top class
- Nissan January China sales up 13.1 pct y/y – Reuters: Nissan Motor Co’s sales in China rose 13.1 percent in January from a year earlier to 135,037 vehicles, the company said on Wednesday. In December, sales volume was up 13.4 percent year-on-year. Nissan said it aims to sell more than 1.6 million vehicles…
- Porsche doubles green car investment to $7B to fight Tesla – Automotive News: Porsche will double spending on greener sports cars and SUVs to help fight electric-car maker Tesla. Expenditure on electromobility will be increased to more than 6 billion euros ($7.4 billion) by 2022 from 3 billion, CEO Oliver Blume said in a…
- Tech Guru Bill Joy’s Ionic Battery Venture Raises $65 Million – Bloomberg: … include Joy and Alliance Ventures, a venture capital company comprising automakers Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp. … Alkaline may offer advantages that appeal to the electrical, automotive and consumer electronics…
- US stocks set for a lower open as volatile trading continues – CNBC: Hasbro, Michael Kors, 21st Century Fox, Tesla Motors, Yum China and Yelp are some of the corporates set to publish earnings. A number of members of the U.S. Federal Reserve are scheduled to speak on Wednesday. Alexandra Gibbs | @alexgibbsy. Published…
- Musk’s Big Questions: Can Tesla Make Model 3s and Burn Less Cash? – Bloomberg: Investors and enthusiasts alike know that the chief executive officer’s timelines are often overly aggressive. But with autonomous driving now as hot as electrification-General Motors Co. vehicles are improving fast, and Alphabet Inc.’s Waymo plans to …
- Toyota seeks India sales boost with aspirational, global-spec models – Reuters: Toyota’s current market share hovers around 5 percent and its two India plants operate at about half their capacity to manufacture more than 300,000 vehicles a year. Sales of the last two no-frills models made specifically for India – the Etios sedan…
- China’s Didi sets up electric car-sharing platform – Reuters: Chinese ride-hailing giant Didi Chuxing is setting up an electric car sharing service with 12 automakers, including … Didi, which bought out Uber’s China business in 2016, said in a statement on Wednesday it would build an open new energy car-sharing…
- BMW X3 M40i vs Volvo XC60 T6 – Battle of the Xs – Autocar: Volvo and BMW aren’t natural rivals. They’ve bumped door handles on the race track over the years, though not for a while, and they haven’t been direct showroom rivals but that’s changing with Volvo now aiming higher in terms of luxury and…
- Volvo’s Polestar mulls expanding output of its 600-hp hybrid coupe – Automotive News: Currently, Volvo plans to build 500 units of the Polestar 1 a year over three years on one shift at its new factory in Chengdu, China. “We are looking at whether we could do a higher volume than 500 units a year. We are checking that out,” Polestar CEO…
