- Tata Motors’ quarterly profit slumps on weak Jaguar Land Rover sales – Nikkei:
- Review: 2019 Volvo XC40 SUV sets the standard with style, safety, value and innovation – Freep: Volvo’s new XC40 compact luxury SUV sets the standard with safety, value and innovation
- Serena Williams, Muriel Bowser, NYSE’s First Female CEO: Broadsheet for May 23rd – Fortune: Mary Barra’s steering GM into the future, D.C. Mayor Muriel Bowser … Barra’s challenge is to reinvent General Motors as a leader in the rapidly …
- Tesla Model 3 registrations zip past rivals in California – Reuters: Tesla Inc’s Model 3 sedan recorded more registrations in California than its class rivals BMW 3-Series and Mercedes C-Class in the first quarter, according to a report by the California New Car Dealers Association (CNCDA). Model 3 registrations totaled…
- Tesla to rally 50% because media negativity is ‘increasingly immaterial’: Baird – CNBC: The deluge of recent negative media coverage on Tesla is missing the real story, according to one Wall Street firm. Baird reiterated its outperform rating for Tesla shares, predicting the electric car maker will make significant progress in raising its …
- Uber widens health cover in Europe as new CEO meets France’s Macron – Reuters: Uber plans to offer all its European drivers an upgraded version of the health insurance it already provides in France in a drive to attract independent workers and fend off criticism over their treatment.
- Tech Company Copies Elon Musk’s Moonshot Pay Package – Bloomberg: In March, the electric-car maker’s investors decided to stick with that model for another decade by approving an award for Elon Musk that could be …
- Consumer groups ask U.S. agency to probe Tesla ‘Autopilot’ ads – Reuters: Two U.S. consumer advocacy groups urged the Federal Trade Commission on Wednesday to investigate what they called Tesla Inc’s “deceptive and misleading” use of the name Autopilot for its assisted-driving technology.
- Brazil signals additional fuel tax cut to end truckers protests – Reuters: The Brazilian government will propose a reduction of the PIS/Cofins tax on diesel in a bid to end a …
- Tata Motors fourth-quarter profit halves, lags estimate – Reuters: India’s Tata Motors Ltd said on Wednesday fourth quarter profit halved, coming in sharply below estimates.
- Diesel Fears Become Reality With First Driving Ban in Germany – Bloomberg: Hamburg, Germany’s second-largest city, will restrict older diesel vehicles … wavering, carmakers such as Toyota Motor Corp. and Nissan Motor Co.
- Tesla hires a Snap exec as its engineering vice president – CNBC: Electric carmaker Tesla said on Tuesday it had hired Snapchat maker Snap’s vice president of monetization engineering, Stuart Bowers, as vice president of engineering, to work on its Autopilot software and other projects. Tesla has seen the departure …
- BRIEF-Tata Motors March Qtr Consol Profit Halves – Reuters: CO WILL CONTINUE TO INVEST ABOUT 4.5 BILLION POUNDS IN FY 2018-19 IN NEW JAGUAR LAND ROVER MODELS AND TECHNOLOGIES …
- Racing innovations made cars safer: Rearview mirrors, laser headlights – Freep: From the all-wheel-drive Audi Quattro to the first rear view mirror in 1911, racing innovations make street cars safer
- India to take a ‘long-term” view on fuel pricing – law minister – Reuters: India wants to take a long-term view on pump prices of petrol and diesel to shield consumers from the volatility in global markets, the country’s law minister said on Wednesday, indicating the government could change its fuel pricing mechanism.
- DS to launch flagship BMW 5 Series-rivalling saloon in 2020 – Autocar: The new saloon will use underpinnings shared with the 7 Crossback (pictured) Car is likely to be based on underpinnings of current 7 Crossback and Peugeot 508 DS is primed to launch a flagship saloon as early as 2020, according to company sources. It…
- German city of Hamburg to restrict older diesel vehicles – Reuters: Germany’s second largest city, Hamburg, will ban the most polluting diesel cars from two major streets from next week, …
- GM Gets Ready for a Post-Car Future – Fortune: A century later, the question facing automakers like General Motors (No. … For almost a century, GM has engaged in a single process: building cars …
- In Trump-Versus-California, One Negotiator Is Unlike Any Other – Bloomberg: Mary Nichols was in classic blunt mode last week, calling the latest Trump administration challenge to Obama-era auto-emission targets “a piece of …
- A Tesla Model X Is Now 6% Cheaper in China – Bloomberg: China’s Ministry of Finance said Tuesday the car import tariff will be lowered to 15 percent effective July 1, from the current 25 percent that has been in …
- Honda to tie up with world’s largest battery maker in China – Nikkei:
- Updated Kia Sportage gains a mild hybrid diesel variant – Autocar: Kia’s rival to the Nissan Qashqai and Seat Ateca has been revamped and a new electrified version, the Sportage Ecodynamics+, has been introduced Kia has introduced a new mild hybrid diesel model, the Sportage Ecodynamics+, which has arrived as part of…
- Sony Car? New CEO Has Always Wanted to Work on Moving Things – Bloomberg: Dyson Ltd., the vacuum cleaner maker, surprised everyone in September when it unveiled plans to build an electric car by 2020, putting one billion …
- Ghosn Cautions It’ll Take Time to Get Renault-Nissan Deal Right – Bloomberg: Carlos Ghosn tamped down expectations of a quick deal to combine Nissan Motor Co. and Renault SA, saying the specter of failed mergers in his …
- Mahathir focuses on cutting debt, reconsiders infrastructure plans – Nikkei: Proton was founded in 1983 by Mahathir during his first stint as prime minister, and is now 49.9% owned by China’s Zhejiang Geely Holding Group, …
- Renault-Nissan merger unlikely before 2020, CEO Ghosn says – Reuters: Renault (RENA.PA) and Nissan (7201.T) are reviewing the ownership structure of their carmaking alliance but are unlikely to merge …
- Ford will add second model at Romania plant – Automotive News: Ford said it will add production of a second model at its plant in Craiova, Romania, alongside the EcoSport small SUV. Ford will recruit 1,500 …
- Hamburg pre-Euro 5 diesel car ban begins May 31 – Autocar: Hamburg has begun putting up diesel ban signage after ruling from Germany’s highest court declares that older, more polluting cars can be banned from city centres Hamburg authorities have announced that a ban of diesel cars up to the Euro-5 standard…
- Hamburg older diesel car ban begins 31 May – Autocar: Hamburg has begun putting up diesel ban signage after ruling from Germany’s highest court declares that older, more polluting cars can be banned from city centres Hamburg authorities have announced that a ban of diesel cars of the Euro-5 standard and…
- Donald Trump does a favor for BMW and Mercedes – Automotive News: BMW, Toyota, Daimler and Volkswagen Group import by far the most cars to China but none exceeds 250,000 annual units, according to a recent …
- Australia can be competitive car manufacturer again, says UK industrialist – Guardian: Australia can be competitive car manufacturer again, says UK industrialist … lighter electric cars is key, says Sanjeev Gupta whose company bought …
- India’s Motherson Sumi Systems Q4 profit rises over 9 pct – Reuters: Auto parts maker Motherson Sumi Systems Ltd posted a 9.2 percent rise in fourth-quarter net profit on Wednesday, but fell short of …
- Israel’s defense expertise drives tech boom for autonomous cars – Reuters: Israel’s defense expertise drives tech boom for autonomous cars …. Both are big markets but we tend to think the electric vehicle market will be much …
- Peugeot to unveil ‘radical’ concept at 2018 Paris motor show – Autocar: Peugeot revealed its Instinct concept at the 2017 Geneva Motor Show Peugeot CEO Jean-Philippe Imparato confirmed that “something very outstanding” will arrive this autumn Peugeot is planning a dramatic new concept car that previews a potential new…
- Tesla trims up to $14,000 off Model X in China after tariff cuts – Reuters: Tesla Inc has slashed up to $14,000 off its Model X in China after Beijing announced major tariff cuts for imported automobiles, a potential sales boost for the U.S. firm as the world’s largest auto market pivots towards electric cars.
- INSIGHT-Israel’s defence expertise drives tech boom for autonomous cars – Reuters: Israeli auto tech startups still raised almost as much as similar U.S. … Valley (entrepreneurs), Ford Executive Chairman Bill Ford Jr. told Reuters.
- Dark Side of China’s Car Tariff Cuts – Bloomberg: Beijing said this week it will reduce the long-held 25 percent tariff on imported cars to 15 percent and slash levies on auto parts to 6 percent from as …
- China’s Reduction of Auto Import Tariffs Steers Asia Stocks Lower – WSJ:
- Why BMW envisions its iNext as an SUV – Automotive News: BMW looks likely to follow Audi’s e-tron and Mercedes-Benz EQC with its own battery-powered full-size SUV, the heart of the premium EV market, …
- Drivers brace for Egyptian ride-hailing laws – Yahoo: New legislation regulating ride-hailing services in Egypt may have been welcomed by Uber and competitor Careem, but some behind …
- SoftBank is selling its entire Flipkart stake to Walmart – CNBC: Major investments by the fund include ride-hailing firm Uber Technologies, co-working space provider WeWork Cos and chip designer Arm Holdings.
- SB Drive Tests Level 3 Self-Driving Bus Technology in Hyogo Prefecture – Japanautomotivedaily: SoftBank Group Corp. (TYO:9984) subsidiary SB Drive Corp. recently announced that it is working with Hyogo Prefecture over May 20-23 []
- Honda Resumes Chinese CR-V Production – Japanautomotivedaily: Honda Motor Co. Ltd. (TYO:7267) on May 22 resumed its CR-V production in China, which had been halted due to []
- The geopolitics of electric cars will be messy – FT: Take electric car batteries and the Democratic Republic of Congo. The African country accounts for more than half the world’s production of cobalt, …
- Chinese carmakers fall after Beijing slashes import tariffs – FT: By mid-morning in Hong Kong, Guangzhou Automobile Group was off 2.3 per cent and Great Wall Motor and Chongqing Changan Automobile were …
- Elon Musk reveals when $35K Tesla Model 3 could start production, admits brake issue – Yahoo: Tesla’s rollout of the Model 3 has been anything but smooth sailing, and thousands of customers are still waiting for one very important Model 3 variant: the base model. It’s the car Tesla CEO Elon Musk has consistently promised would come with a $35 …
- Nissan underlines commitment to EV era at KAIDA forum in Seoul – Nissan-global: Nissan is committed to making electric vehicles more accessible to more customers as the future of mobility fast approaches, Nissan’s head of Asia and Oceania Yutaka Sanada recently told a forum in South Korea.The forum – “The Future of Mobility: Is EV…
- Olympics: Taxi! Tokyo tackles tourist boom with accessible cab – Reuters: The car, which famously features an automatic opening door, has been in production for 22 years but in October last year Toyota launched a new …
- Musk’s Stock-Option Tweet May Invite US Labor Board Complaint – Bloomberg: The United Auto Workers has been Elon Musk’s target for days of derision on Twitter, and his posts may open Tesla Inc. up to trouble with U.S. labor …
