- Alfa Romeo Giulia and Stelvio Quadrifoglio NRING editions heading for Geneva – Autocar: Nürburgring-inspired special editions pay tribute to the brand”s effort in breaking Nordschleife records; Alfa will take a variety of tweaked models to the show
- Brexit: lack of deal would be damaging to UK car industry, say MPs – Autocar: MPs have warned that UK car manufacturing would be badly hit by the failure to agree a Brexit deal Business, Energy and Industrial Strategy Committee says negotiations with the EU are “exercise in damage limitation” for automotive industry
- Boeing Is Getting Ready to Sell Flying Taxis – Bloomberg: Aurora has been inventing autonomous vehicles since the late 1980s, and its portfolio of novel flying machines includes a two-seat robotic copter known as an eVTOL (an abbreviation for electric vertical take-off and landing). For its rideshare of the…
- Uber Scores Victory With New Brazil Legislation – Bloomberg: The legislation is balanced and put Brazil at the vanguard of regulating modern urban transport solutions, Cabify, another car-hailing service, said in a statement. Indicative of the increasingly competitive environment, China’s Didi Chuxing said in…
- Daimler buys Europcar out of car-sharing venture, paving way for BMW alliance – Automotive News: Daimler will buy Europcar’s 25 percent stake in car-sharing service Car2Go for 70 million euros ($85 million), the automaker said in a statement, paving the way for Mercedes and BMW to develop driverless taxis. Daimler and BMW, Germany’s two biggest…
- PSA Profit Hits Record as Tavares Gets Going on Opel Turnaround – Bloomberg: The CEO has pledged to apply the methods he used to revive Peugeot and Citroen following a 2014 bailout that brought in new investors — measures that included freeing pay and reducing the headcount. Europe’s third-largest automaker is negotiating with…
- Peugeot maker PSA reports record profits despite Opel buyout – Washington Post: French carmaker PSA Group says it made record profits and sales last year despite the costs of buying long-struggling Opel. PSA, the maker of Peugeot and Citroen cars, reported Thursday an 11.5 percent rise in net income to 1.9 billion euros ($2.3…
- Renault-Nissan-Mitsubishi will speed up collaborations in key areas – Automotive News: The Renault-Nissan-Mitsubishi alliance will speed up the convergence between the three companies on how they work in key areas, as part of a broader plan to deliver cost savings and boost profits. The alliance said it would be looking to extend its…
- UK auto industry’s only Brexit option is damage control, report says – Automotive News: Since October, PSA Group’s Vauxhall brand has announced 650 job cuts at its factory at Ellesmere Port, while Jaguar Land Rover is also planning UK production cuts, citing Brexit as a factor. Investment from Japan, which has been key for the British car…
- Brexit Bulletin: The Fight’s Back On – Bloomberg: Car Damage | Notwithstanding the reassuring news from Toyota, there’s nothing good to come from exiting the EU for the U.K. auto industry, leaving the government only one option: limiting the damage. That’s the view of an impact assessment from the…
- PSA hits new earnings record despite Opel loss – Automotive News: PSA Group shrugged off losses at the newly acquired Opel division to lift sales, profit and operating margin to new records in 2017. Net income rose 11.5 percent to 1.93 billion euros ($2.35 billion) on 65.21 billion euros in revenue, up 20.7 percent,…
- Daimler buys Europcar out of car-sharing venture – Reuters: German carmaker Daimler (DAIGn.DE) has agreed to buy Europcar’s (EUCAR.PA) 25 percent stake in car-sharing service Car2Go for 70 million euros ($85 million), the two companies said on Thursday, paving the way for a car-sharing alliance with BMW (BMWG.DE).
- S. Korean carmakers unveil new models at Geneva motor show – Yonhap: The car, to be seen for the first time by the general public, will come with two choices of powerpack paired to a 150 kilowatt motor that has been specifically designed for the car. The Kona electric vehicle (EV) will come with either a base 39.2…
- The code that reveals if your car’s airbags are faulty – Yahoo: Vehicles made by Ford, GM Holden, Mercedes-Benz, Tesla, Jaguar, Land Rover, Volkswagen, Audi and Skoda have been added to the recall list to replace … The ACCC announced certain models from Audi, Volkswagen, Skoda, Ford, Holden, Tesla, Jaguar and…
- PSA chief demands fairness on emissions penalties – FT: PSA has pledged to offer electric or hybrid options on every vehicle by 2025, with the first of its cars coming to market next year. On Thursday, the company reported its annual results for the first time since taking over Opel-Vauxhall, the lossmaking…
- Audi builds a muscle car with the RS5 – Detroitnews: Audi melds performance and comfort with its two-door RS5
- Model 3 owners report quality problems. Do they care? – Detroitnews: One firm tore down a Tesla Model 3 and found quality-control problems not seen since the 1970s
- Review: Volvo XC40 speaks with American accent – Detroitnews: Volvo”s first subcompact SUV targets the U.S. market with swagger and space
- Hyundai strengthens ‘N performance’ division – Yonhap: Hyundai Motor Co. said Thursday that it has set up a dedicated unit to handle its high performance “N division,” which recently unveiled a hot hatch based in the i30 small family car and Veloster coupe. South Korea’s No. 1 carmaker said it recruited…
- BMW iX3 to introduce brand’s fifth-gen EV power in 2020 – Autocar: The iX3 will arrive as part of the fourth-generation X3 range… Electric X3 will feature a new all-wheel drive powertrain; following i models will utilise different forms of its setup
