- Tesla produced 2,020 Model 3 vehicles in the past week – CNBC:
- Geely Chairman Li Shufu will skip Daimler shareholder meeting – Automotive News: Li has built China’s largest independent automotive empire from scratch, founding the Geely brand in 1997 before acquiring Volvo Cars from Ford Motor in … Many people around the world have put money into Daimler,” he told Bloomberg, adding that a…
- Rheinmetall says in talks for UK Boxer partners – Reuters: Rheinmetall said on Tuesday it was in talks with a number of UK partners for the Boxer armoured vehicle, including BAE Systems, Thales UK, Raytheon, Rolls-Royce and Pearson Engineering, after Britain said it would rejoin the programme.
- Uber-Grab Deal Threatened by Regulatory Roadblocks – WSJ: Uber”s landmark deal to exit Southeast Asia by taking a stake in regional competitor Grab is attracting scrutiny from regulators, who have threatened to block the deal on concerns that it could create a monopoly detrimental to ride-hailing consumers.
- Trucking Companies Are Struggling to Attract Drivers to the Big-Rig Life – WSJ: U.S. freight volumes are surging on the back of strong economic growth, as retailers and manufacturers hire more trucks to haul imports from seaports to distribution centers and raw materials to factories. But the flow of new truck drivers is lagging…
- Ford could make EVs in German Fiesta plant, market boss says – Automotive News: Ford Motor could make electric cars in Germany after 2023, when the life cycle of its Fiesta model is due to end, Gunnar Herrmann, chairman of Ford of Germany, told the Handelsblatt business daily. “Purely hypothetically that (2023) could be a good…
- Tesla is facing an ‘existential crisis,’ says market watcher – CNBC: “Tesla is really sort of in an existential moment at this point because they’re facing a massive, massive amount of debt due over the next 18 months and a big capital expenditure spend,” Schlossberg said. By the end of December, Tesla held $7.2 billion…
- How the arrival of electric cars could hurt the beverage industry – Washington Post: If drivers of electric cars aren’t stopping at gas stations to fill their tanks, the opportunities for impulse purchases inside at the convenience store could dry up. That’s a real possibility, according to Morgan Stanley analysts who wrote that…
- Ferrari plug-in hybrid test mule spotted before 2019 production – Autocar: A hybrid engine could appear in Ferrari’s forthcoming SUV Company’s forthcoming hybrid powertrain tipped to be featured on new SUV; it’s running in a 488 GTB mule
- Autonomous cars now allowed to test in California without safety drivers – Autocar: Ford is one of the largest car brands testing autonomous cars in California America”s west coast state has enabled true driverless tests in public, although no companies have begun them yet
- New UK car tax hike affects every new diesel on sale – 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
- Woman executive of South Korea’s Hyundai Motor resigns amid #MeToo wave: Yonhap – Reuters: A female executive of South Korean automaker Hyundai Motor has resigned after being accused of pressuring female subordinates to pour drinks for, and dance with, senior male members of staff, the Yonhap news agency said on Tuesday.
- A Feature of Tesla Cars Makes Crashes Especially Hard to Solve – Fortune: When a Tesla Model X slammed into a concrete highway barrier in California last month, the vehicle’s computers contained a wealth of information about the moments leading to the fatal accident. The problem for U.S. accident investigators is that the …
- Philippine anti-trust agency starts review of Grab-Uber deal – Reuters: The Philippines’ anti-trust agency on Tuesday started a review of Uber Technologies Inc’s [UBER.UL] proposed sale of its money-losing Southeast Asian business to ride-hailing rival Grab, saying the deal could hurt competition.
- Volvo, Seat show strong gains as French sales rise 2% – Automotive News: However, much of that gain was due to the addition of Opel sales after PSA bought the German automaker from General Motors last year. Peugeot brand sales were up 3.5 percent, Citroen sales were flat, and DS sales rose 15 percent with the introduction…
- Ford could make electric cars in Germany after 2023: Handelsblatt – Reuters: Ford could make electric cars in Germany after 2023, when the life cycle of Ford’s Fiesta model is due to end, the head of the carmaker’s German … The Ford logo is seen at the New York Auto Show in the Manhattan borough of New York City, New York,…
- Musk Needs to Recharge Tesla’s Finances to Make the Model 3 Go – Bloomberg: Wall Street has pretty much disregarded Musk’s joking April Fools’ tweet over the weekend that the company “has gone completely and totally bankrupt.” But Tesla’s $10 billion debt load is turning into a real burden as cash dwindles and its bonds…
- GM Ends Monthly Sales Reports, Goes Quarterly for Data `Quality’ – Bloomberg: General Motors Co. will stop reporting monthly vehicle-sales data that investors have relied on for years to check on the health of the world’s … Quarterly reports are better aligned with GM’s business and the “quality of information” will make it…
- Car Makers Get Their Wish on Fuel Standards – WSJ: The Trump administration”s move to ease fuel-efficiency standards is a boon to car executives who for years have said they couldn”t justify making smaller, less-profitable vehicles in an era of cheap gas.
- Honda’s China sales fall in March as quality issue threatens growth run – Reuters: Last year, Honda’s sales volume rose 15.5 percent from a year earlier to 1.44 million vehicles, compared with the 3 percent growth of the overall market. Honda’s China sales were up 24 percent in 2016 and 32.5 percent in 2015. The quality issue Honda…
- How US Fuel Economy Standards Compare to the Rest of the World – New York Times: While the Obama-era standards for cars and light trucks were on pace to become some of the most aggressive in the world by 2025, they were still less … get credit for using refrigerants in vehicle air-conditioning units that contribute less to global…
- US Carmakers May Regret What They Wished for on Pollution Rules – Bloomberg: said Jessica Caldwell, executive director of industry analysis at the car shopping website Edmunds. … The EPA’s move to pare Obama-era vehicle standards dovetails with other Trump efforts to roll back Obama policies combating climate change,…
- Philippines anti-trust regulator starts review of Grab-Uber deal – Reuters: The Philippines’ anti-trust agency said on Tuesday it has started a review of Uber Technologies’ deal to sell its Southeast Asian business to ride-hailing rival Grab.
- Teslas Don’t Have Black Boxes, Making US Crash Probes Harder – Bloomberg: The NTSB concluded in that case that Tesla’s technology was a contributing factor in that crash because it was too easy for drivers to let the car steer itself. There may need to be more legal protection for the NTSB’s access to data in the newest…
- Kumho Tire brand, management to remain intact after acquisition – Yonhap: “Doublestar has pledged to allow an independent management team to run Kumho Tire as was the case of the acquisition of Volvo by China’s Geely Automobile Holdings in 2010,” Kumho Tire said in a statement. “Back then, Geely focused on capital injection…
- Renault: “We must diversify to succeed” – Autocar: Renault’s EZ-Go concept demonstrates its vision for future mobility Renault’s design boss Laurens van den Acker told Autocar the brand must “have its fingers in all areas” to achieve its ambitions
- Dormant Swedish Mine Comes Alive in Rush to Make Car Batteries – Bloomberg: The global race to develop batteries for electric cars is reaching deep into the pine forests of central Sweden, where a dormant graphite mine is getting a new lease on life. … A sustained shift to EVs would be the biggest revolution in the car…
- Toyota and Park24 to Sign Agreement on Car Sharing Service Trial in Central Tokyo – Toyota: Toyota Motor Corporation (Toyota) and Park24 Co., Ltd. (Park24) announce their decision to start a business tie-up for a trial car sharing service in parts of central Tokyo. To achieve a mobility society that enables every individual to experience the…
- Japan’s big brands are trying to shake up its taxi industry – CNBC: Nissan Motor and mobile gaming firm DeNA, meanwhile, have begun testing driverless Nissan Leaf taxis on the streets of Yokohama. The Easy Ride cars work a 4.5-kilometer route around the carmaker’s global headquarters. The carmaker says feedback from…
- Toyota Plugs In – Autocar: Toyota NZ has launched its first plug-in offering on the new car market with the Prius Prime. And it lands with a sharp, no-haggle price of $48,490. Along with a claimed 63km EV range, Toyota is telling us the average fuel consumption is just…
- GM will stop reporting monthly U.S. vehicle sales – Reuters: General Motors Co said on Tuesday it will stop reporting monthly U.S. vehicle sales, saying the 30-day snapshot does not accurately reflect the market and will instead issue quarterly sales.
- GM Scraps a Standard in Sales Reporting – WSJ: General Motors Co. is abandoning its decades-old practice of reporting monthly auto sales, saying a 30-day period doesn’t provide an adequate snapshot of … The move, however, could prompt other large auto makers to eventually follow suit, but the…
- 2018 Jaguar E-Pace – Pace Attack – Autocar: Jaguar has lofty claims for the E-Pace, saying the F-Type not only inspired its styling but also its dynamics. And that’s a difficult objective to achieve because while most of its competitive set are SUVs based on car platforms, this is a Jaguar based…
- Nissan Reveals New Altima at New York Auto Show – Japanautomotivedaily: Nissan Motor Co. Ltd. (TYO:7201) has held the world-first reveal of its new Altima at the New York International Auto []
- Hyundai E&C wins US$540 mln deal in Uzbekistan – Yonhap: Hyundai Engineering & Construction Co., one of South Korea’s leading builders, said Tuesday that it has won a US$540 million order to build a power plant in Uzbekistan. Hyundai E&C said it received a letter of award from JSC Uzbekenergo on Monday for a…
- Toyota Auris Sports Tourer spotted with sleek new design – Autocar: Like the just revealed hatch, the Auris estate looks much sportier than its predecessor
- Regulator attacks ‘virtual monopoly’ of Uber-Grab deal – Nikkei:
- Elon Musk Defends Releasing Information on Fatal Autopilot Death Ahead of NTSB Report – Fortune: Tesla CEO Elon Musk defended his company’s decision to release information about a fatal March 23 crash involving one of the automaker’s vehicles that was operating with its Autopilot feature. Trade blog Tesla Motors Club on Monday tweeted out a link..