- Aston Martin’s first SUV will get gasoline engine only – Automotive News: The SUV will be launched next year into the ultraluxury SUV space where it will rival the Bentley Bentayga, Rolls-Royce Cullinan, Lamborghini Urus, a Ferrari SUV and high-end versions of the Range Rover. The five-door SUV is expected to be called…
- Hidden by Model 3 Mess, Tesla’s Other Problem Is About to Emerge – Bloomberg: Mounting financial pressures, in addition to the Model 3 shortfalls, spurred Moody’s Investors Service’s downgrade of Tesla’s credit rating last week to B3, six levels below investment grade. In recent months, Tesla’s solar business lost the …
- Via offers cheap, shared rides – but only in certain parts of the city – Washington Post: A app-based ride-hailing service is violating D.C. law by serving only select neighborhoods – none east of the Anacostia River – and risks losing its license if it does not expand coverage across the District in 90 days, city officials said this week….
- Grab and Uber put off merger in Singapore for a week – Nikkei:
- Uber Hires Chair of YouGov, Acromas Executive to UK Board – Bloomberg: The world’s largest startup is appealing a London regulator’s decision to revoke the car service’s license. … new rules for private hire taxi companies, such as requiring them to limit working hours for their drivers, share data on travel patterns,…
- Uber appoints two new non-executive board members in Britain – Reuters: Uber said on Friday it had appointed two new independent non-executives in Britain as it fights to keep its license in its most important European market, London.
- Ford turns to Mahindra again as it seeks to seize potential in India – Freep: Ford’s agreement with Mahindra comes as the company looks at budget electric-vehicle technologies and access to affordable suppliers. The Indian government has said that it wants companies to transition to electric vehicles by 2030 as it announces…
- 2018 Mercedes-Benz GLE: new pictures of 603bhp GLE 63 – Autocar: Spy shots of Mercedes-Benz’s upcoming off-roader show it has bigger wheel arches and a more raked rear window
- Could China Scuttle Qualcomm’s $44 Billion NXP Deal? – WSJ: NXP is the world leader in automotive microchips, a field expected to grow rapidly as cars become ever more like computers on wheels. This is the attraction for Qualcomm, which is under pressure to revive growth by diversifying away from the sluggish…
- CNBC Transcript: Anthony Tan, Group CEO, Grab – CNBC: NH: Speaking of Uber’s options, you may have a pretty good idea of what Uber and SoftBank are both thinking now when it comes to ride hailing. Do you think India could be next when it comes to another deal for Uber there? Anthony Tan: I’m not in a…
- New UK diesel car tax hike now in force – Autocar: Industry experts claim that targeting new diesel cars is counterproductive More stringent taxation for new diesel cars has now kicked in; no new diesel-powered vehicles on sale in the UK are believed to be exempt
- Uber Fights Suit by Woman Hit on Freeway After Exiting Car – Bloomberg: On the way home from downtown Santa Barbara, the driver — “without legal justification or good cause” — pulled over to the median and ordered the woman and her brother out of the car, according to the complaint. Margaret Schimmel says she was struck…
- South Korea urges GM, union to reach wage deal swiftly as tension rises – Reuters: South Korea on Friday urged General Motors Co’s local subsidiary and labor union to reach a wage deal swiftly, saying the government will be able to discuss support for the money-losing unit on condition of an agreement.
- Singapore regulator says Uber app to delay shutdown amid competition review – Reuters: Singapore’s competition watchdog said Uber will delay the ride-hailing app’s shutdown in the city-state by a week to April 15.
- Daimler sales set record on SUVs, China growth – FT: Despite widespread concern in recent years that the global car market has peaked, or that the internal combustion engine will soon die, parent company Daimler reported that it sold more than 237,000 Mercedes passenger cars last month, reflecting…
- Softbank is reshaping tech in a massive way. Here’s how it became so big – CNBC: Softbank has become an investing powerhouse, investing in the likes Alibaba and Uber. Here’s how it became so massive.
- Uber rival Didi makes Mexico launch official, recruits drivers – Reuters: Chinese ride-hailing company Didi Chuxing has publicly launched in Mexico with a website advertising its service to drivers and passengers and setting the stage for a potentially expensive showdown with rival Uber.
- Ford wins approval for German banking licence – Reuters: Ford said it had won approval from the European Central Bank for its application to set up a bank in Germany as part of its strategy to mitigate any risk from Britain leaving the European Union. The European Central Bank has approved Ford Credit Europe…
- Grab’s Uber deal still has some obstacles to navigate – Reuters: Regulatory scrutiny could complicate ride-hailing company Grab’s takeover of Uber Technologies’ Southeast Asian business, but there is little the authorities can do to stop Uber from simply exiting the region, lawyers and analysts said.
- Analysis: Grab’s Uber deal still has some obstacles to navigate – Reuters: Regulatory scrutiny could complicate ride-hailing company Grab’s takeover of Uber Technologies’ Southeast Asian business, but there is little the authorities can do to stop Uber from simply exiting the region, lawyers and analysts said.
- GM Workers Trash Korea CEO Office After Company Holds Back Bonus – Bloomberg: General Motors Co. workers in South Korea forced their way into company executive offices, destroying and removing furniture, shortly after the local unit of the … could not be reached for comment, was protesting the company’s decision and urged the…
- Matt Prior: The affordable performance car might die – Autocar: Subaru BRZ and its Toyota GT86 twin are born to be mild With emissions regulations getting increasingly strict, manufacturers may struggle to produce such cars
- Mitsubishi recalls 86,620 Outlander cars in Russia: watchdog – Reuters: Russia’s standards agency Rosstandart said on Friday it has been informed about the recall of 86,620 Mitsubishi Motors Corp Outlander cars sold in Russia from February 2007 to June 2012.
- Yonhap News Summary – Yonhap: Audi Volkswagen Korea (AVK) said Friday that 25 percent of all cars it aims to sell in South Korea by 2020 will run on electric power as the German carmaker moves toward a “greener” model lineup. The announcement to strengthen its electric vehicle (EV)…
- Toyota Environmental Activities Grant Program Accepting 2018 Applications – Toyota: Toyota Motor Corporation began accepting applications today for this year’s Toyota Environmental Activities Grant Program, which is designed to support environmental revitalization and conservation activities aimed at sustainable development.
- (LEAD) EVs to make up quarter of Audi VW sales in S. Korea by 2020 – Yonhap: The 40 new models the company plans to introduce will be sold under four brands: Audi, Volkswagen, Bentley and Lamborghini. The German carmaker has recalled 51,613 vehicles since February 2017 in South Korea. It has yet to recall 73,902 vehicles sold…
- Volvo S90 T8 R-Design – Hybrid with GT creds – Autocar:
- Chevrolet refreshes Malibu, Cruze and Spark for 2019 – Detroitnews: The Malibu gets an RS trim, and the Cruze and Spark get front-end makeovers
- Car trouble brings Elon Musk back to earth – FT: Elon Musk is the Robert F Kennedy of transportation. The liberal icon once described his credo thus: “There are those that look at things the way they are, and ask why? I dream of things that never were, and ask why not?” Mr Musk embodies that…
- Hino Motors to Bolster Sales Efforts in US – Japanautomotivedaily: Hino Motors Ltd. (TYO:7205) plans to expand its number of retail locations in the U.S. to 300 stores, a 25 []
- METI Looks Into Further Deregulation for Hydrogen Stations, FCVs – Japanautomotivedaily: The Ministry of Economy, Trade and Industry (METI) recently started up an investigative commission to look into deregulation for hydrogen []
- EVs to make up quarter of Audi VW sales in S. Korea by 2020 – Yonhap: Audi Volkswagen Korea (AVK) said Friday that 25 percent of all cars it aims to sell in South Korea by 2020 will be electric vehicles as the German carmaker moves toward a “greener” model lineup. The announcement to strengthen its electric vehicle (EV)…
- Trump Taps Heidi King to Run National Highway Traffic Safety Administration – WSJ: Photo: Eric Thayer/Bloomberg News … Nearly all auto makers are in the process of addressing tens of millions of vehicles with as many as 70 million Takata air bags that risk rupturing, a defect linked to nearly two dozen deaths, hundreds of injuries…
- Porsche looking for sustainable petrol power – Autocar:
- South Korea’s Hyundai Mobis to meet Elliott next week: sources – Reuters: South Korea’s Hyundai Mobis (012330.KS) plans to meet U.S. activist hedge fund Elliott Management next week, two sources told Reuters, after Elliott launched a campaign to pressure Hyundai Motor Group to improve governance and boost returns. The…
- China’s trade threat could hurt German automakers more than US car companies – CNBC: https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcQvGisS0HzA_2aTyTBzVfqlZ7-MBmy7zrXfOY0jH382zEDRAu00h5E2FN71GLYuupy32RULV-UWRAChina’s trade threat could hurt German automakers more than US car companies CNBCFull coverage
- Mercedes-Benz to launch ultra-luxurious EQ S electric saloon in 2020 – Autocar: S-Class: new EV will be at same level but with another name Large-cars project boss Michael Kelz says a new model will join EQ range and rival Audi’s next-generation electric A8
- Commentary: Why the EPA’s fuel-efficiency plan is bad for jobs, security and trade – Reuters: REUTERS/Robert Galbraith. Fuel efficiency standards also help create jobs in related industries, such as auto parts manufacturing. Over 288,000 Americans now work making components for fuel-efficient vehicles. In Michigan, for example, LG Electronics…
- Nissan Eyes Bigger East African Market With Kenyan Vehicle Plant – Bloomberg: Nissan will submit a proposal to the government once market studies and due diligence assessments are complete, and may have an operational assembly line by the end of 2019 if it receives a green light. The company would work at an established plant,…