- As Tesla hits the skids, one market watcher sees a ‘line in the sand’ for investors – CNBC: Production setbacks, car crashes and wary analysts have put the Tesla faithful on alert. While a few key levels are holding the stock together, any more pain might push investors to their breaking point, according to one market watcher. “It has two key …
- Volvo to dump diesel from next S60 sedan – Automotive News: Volvo will not offer a diesel in its new S60 sedan, which will debut later this spring and will be built at the automaker’s new U.S. plant. The new S60 will …
- Volvo S60 spearheads brand’s no-diesel future – Autocar:
- Volkswagen trucks CFO quits for personal reasons, no successor yet – Reuters: The finance chief of Volkswagen’s (VOWG_p. … the MAN and Scania brands and a Brazil-based commercial vehicles business, …
- The Autonomous-Car Company That’s Selling Safety First – Bloomberg: Mobileye sells its chips to auto suppliers for about $55 each-you’ll pay around $1,000 at the dealership for the full system-and they’re already on …
- GM’s Next Battle With Ford: Really Big Pickups – WSJ:
- UK Government: diesel cars remain important to meet emissions targets – Autocar: Business secretary Greg Clark is optimistic about diesel’s future Business secretary Greg Clark is confident that diesel-powered cars have a future on UK roads, despite oilburners currently being out of favour Sales of new diesel engines have a future…
- TVS Motor Co fourth-quarter profit up 31 percent, lags Street – Reuters: India’s TVS Motor Company Ltd posted an about 31 percent increase in quarterly profit on Wednesday, helped by higher vehicle sales at home and growth in exports, but missed analysts’ estimates.
- CATL to finish study for European electric-vehicle battery plant – Nikkei: Contemporary Amperex Technology, one of the world’s leading battery makers for electric vehicles, will soon decide whether …
- Vietnam says eyeing formal antitrust probe into Uber-Grab deal – Reuters: Vietnam’s trade ministry said on Wednesday it is considering launching a formal investigation into the takeover of Uber Technologies’ Southeast Asia business by rival Grab after an initial probe showed the deal would violate antitrust law.
- Renault Clio proves to be a sprightly, fuel-efficient package – Yonhap: Renault S.A.’s Clio is not really performance-oriented, but it nevertheless proved to be a sprightly and highly …
- Volvo CEO says focussed on electrification, automation regardless of IPO – Reuters: Volvo is working on how to meet the challenges of electrification and self-driving cars and has the funds to do so …
- Now Volvo Says It Will Ditch Diesel in Europe – Bloomberg: Diesel’s demise in Europe, the main market for the engine type, is accelerating with Volvo Cars saying it won’t be offered for the upcoming S60 sedan …
- Britain’s strategy to meet climate change targets not sufficient – MPs – Reuters: The British government’s Clean Growth Strategy to reduce greenhouse gas emissions will not be enough to meet legally binding climate change targets, a committee of cross-party lawmakers said on Wednesday.
- George Soros’ fund bought $35 million of Tesla bonds while loading up on Amazon, Netflix stock – CNBC: George Soros’ investment firm bought a large amount of Tesla bonds in the first quarter of 2018, giving the under pressure electric carmaker a major …
- Maybach targets new luxury tech – Autocar: Mercedes-Maybach Vision Luxury is an electric SUV concept Merc sub-brand plans camera-influenced suspension and a chauffeur drive mode Upcoming Mercedes-Maybach models will have “next-level” suspension systems that will be an advanced version of…
- Mercedes-Maybach GLS to feature “next-level” suspension tech – Autocar: Mercedes-Maybach GLS, imagined by Autocar Merc sub-brand plans camera-influenced suspension and a chauffeur drive mode Upcoming Mercedes-Maybach models will have “next-level” suspension systems that will be an advanced version of Mercedes” existing…
- Volvo’s IPO Valuation Isn’t Built for Safety – Bloomberg: Zhejiang Geely Holding Group Co. has discussed valuing the business at somewhere between $16 billion and $30 billion and is looking at a dual …
- Mazda Picks Akira Marumoto as New President, CEO – Japanautomotivedaily: Mazda Motor Corp. (TYO:7261) announced on May 11 that it intends to promote Representative Director Akira Marumoto, 60, to the []
- Auto Parts Manufacturers Target Electrification Trends – Part 1: Sanden and Electric Compressors – Japanautomotivedaily: Trends toward automotive electrification are speeding up around the globe. In response, various auto parts manufacturers are looking to bolster []
- Subaru Forecasts Profit Decline in Face of Exchange Rates, Rising Interest Rates – Japanautomotivedaily: Subaru Corp. (TYO:7270) on May 11 announced its fiscal 2018 forecast for consolidated financial results. The Japanese automaker is predicting []
- Hyundai Motor says ISS opposition to overhaul plan ‘deeply regrettable’ – Yonhap: Hyundai Motor Group on Wednesday accused U.S. proxy advisor ISS of misleading the market by opposing its corporate …
- Proxy adviser Glass Lewis opposes Tesla board renominations – Reuters: Criticism mounted over Tesla Inc board’s move to renominate three directors, including CEO Elon Musk’s brother Kimbal Musk, with proxy adviser Glass Lewis & Co on Tuesday opposing their re-election and seeking appointment of an independent chairman.
- Tesla Board Opposition Builds as Proxy Firm Slams Bad Governance – Bloomberg: The firm also believes the electric-car maker’s investors would be better served by separating the chairman and CEO roles that Musk has held for at …
- EV owners want more charging points – Autocar:
- Meet Tesla’s new bondholder: Billionaire George Soros – Reuters: The investment firm founded and chaired by billionaire George Soros took a stake in Tesla Inc bonds during the first three months of the year, giving the electric carmaker run by Elon Musk a prominent supporter.