- 2020 Vauxhall Grandland X PHEV to lead fast-paced electric growth plans – Autocar: The Grandland X is already Vauxhall’s second-best-selling car on sale Plug-in model is part of heavy investment from PSA Group Vauxhall has confirmed that a plug-in hybrid version of the Grandland X will arrive in 2020, placing the electrified variant…
- PSA production move wins deal with German unions, angers French – Reuters: French carmaker PSA Group (PEUP.PA) said on Wednesday it will move production of the Opel Grandland X model from France to …
- Toyota’s Trump Pickle: Its Best Seller in the U.S. Isn’t ‘Made in America’ – WSJ: The Japanese auto maker said its exports to the U.S. rose 22% in April, highlighting the problem it faces if the Trump administration makes good on threats to impose higher tariffs on imports.
- Electric vehicles will grow from 3 million to 125 million by 2030, International Energy Agency … – CNBC: Electric vehicle (EV) ownership will balloon to about 125 million by 2030, spurred by policies that encourage drivers, fleets and municipalities to …
- Volkswagen T-Cross due for reveal in 2018 with Polo engines – Autocar: T-Cross name will make production like the T-Roc, and will get an R-Line spec, too The Volkswagen T-Cross will be revealed during the second half of 2018 as one of 19 new SUV models from the brand – a schedule that should see SUVs represent 40% of…
- Kerala to cut taxes on petrol, diesel to reduce retail prices: TV – Reuters: Kerala will cut taxes on gasoline and gasoil to reduce retail fuel prices by 1 rupee/litre from June 1, Finance Minister Thomas Issac told television channel CNBC 18.
- World will need ‘at least’ 10 more EV battery gigafactories by 2025 – Autocar: The world could need 10 more battery factories like Tesla’s Gigafactory Report predicts rapid shift to electrification will see 220 million electrified vehicles on the roads by 2030 Skyrocketing global demand for electrified vehicles will require the…
- Tesla Defends Paying a PE Firm Linked to Its Lead Independent Director. But Investor Activists Want Him Out – Fortune: A private equity firm linked to a Tesla director spent more than 100 days at the carmaker’s battery factory late last year to help increase Model 3 sedan production, according to a filing vouching for its beleaguered board. Valor Management Corp …
- Panasonic plans to develop cobalt-free car batteries – Reuters: Tesla Inc’s battery cell supplier Panasonic Corp said on Wednesday it is aiming to develop automotive batteries without using cobalt in the near future amid soaring prices of the key battery ingredient.
- What’s going to happen to Fiat Chrysler? We’ll know more Friday – Freep: The vision for a post-Marchionne Fiat Chrysler Automobiles and what that means for Michigan should become significantly clearer starting Friday.
- Higher interest rates, gas prices could slow May new car sales – Freep: Those higher costs are cooling demand for pickup trucks. Lower consumer incentives are also making already-expensive vehicles even more …
- European Uber rival Taxify gets unicorn status with $175 million investment led by Daimler – CNBC: Taxify secured a $1 billion valuation after the investment, helping it enter the ranks of Europe’s unicorn companies.
- ‘They blocked the truck!’ Cargo bandits disrupt e-commerce in Brazil – Reuters: It starts the moment you put cargo in the truck and travel across Brazil. …. Fed up with watching their trucks picked off, some companies are taking to …
- Global electric car sales up over 50 percent in 2017: IEA – Yahoo: Electric car sales around the world rose by 54 percent in 2017, taking global stock across the three-million threshold, the International Energy Agency …
- Electric vehicle adoption could cause $100bn fuel tax shortfall – report – FT: Governments across the world face a nearly $100bn shortfall in fuel taxes by 2030 if they aggressively pursue policies to encourage electric vehicle …
- INSIGHT-At Beijing security fair, an arms race for surveillance tech – Reuters: It can crack your smartphone password in … Ford Motor Co, Daimler AG’s Mercedes-Benz and Airbus SE had cars and …
- Electric Vehicles on the Road Are Set to Triple in Two Years – Bloomberg: The global fleet of electric vehicles is likely to more than triple to 13 million by the end of the decade from 3.7 million last year, according to a report …
- Uber’s European Rival Taxify Wins Unicorn Status Raising Funds – Bloomberg: European ride-hailing company Taxify OU has been catapulted into the legion of unicorns with a $1 billion valuation after raising funds from a group of …
- Japanese carmakers ditch diesel in Europe – Nikkei: Nissan, which has tapped the expertise of French partner Renault, will end European sales of diesels around 2021. In Japan and the U.S., the …
- Trump’s auto tariff plan threatens GM’s $7 billion South Korea rescue – Reuters: Fresh off a $7 billion rescue for its loss-making South Korean operation, General Motors faces a new threat as U.S. President Donald Trump considers higher vehicle import tariffs that could “make or break” its Asian subsidiary.
- RPT-Fiat Chrysler investors want electric road map in CEO’s swan song – Reuters: Fiat Chrysler (FCA) boss Sergio Marchionne is expected to outline new plans for electric and hybrid cars in a strategy presentation on Friday, aiming to ensure the world’s seventh-largest carmaker remains in the race in the absence of a merger.
- Fast Europe Open: Germany unemployment, Sweden GDP – FT: The corporate calendar for Wednesday includes De La Rue, LondonMetric, RBS and Jaguar Land Rover. The economic calendar is not holding back …
- INSIGHT-‘They blocked the truck!’ Cargo bandits disrupt e-commerce in Brazil – Reuters: In a bunker-like room in a gritty suburb of Sao Paulo, retired police colonel Antonio Marin and a dozen employees track the location of hundreds of cargo trucks on a bank of monitors.
- Daimler take a stake in ride-on-demand app Taxify – FT: With its fast-growing ride-hailing activities and extensive geographical coverage, Taxify is a perfect fit with Daimler.” Car manufacturers are investing in …
- Daimler leads $175 mln investment in Uber’s EMEA rival Taxify – Reuters: Estonia’s Taxify is set to step up its fight against global rival Uber across Europe and Africa after raising $175 million in funding from a group led by German automaker Daimler.
- Rimac: We will build our name as a serious hypercar manufacturer – Autocar: Rimac”s new electric hypercar covers 0-60mph in 1.85sec Croatian firm has ambitious plans for its new electric hypercar while continuing to supply tech for the likes of the Aston Martin Valkyrie The steady rise in the car industry of Croatian firm…
- Nissan Unveils New Convertible Version of Leaf EV – Japanautomotivedaily: Nissan Motor Co. Ltd. (TYO:7201) on May 25 unveiled a convertible version of its Leaf electric vehicle (EV). The unveiling []
- Toyota, Suzuki Hold Discussions on Joint Projects in Technology, Production and Market Development – Japanautomotivedaily: Toyota Motor Corp. (TYO:7203) and Suzuki Motor Corp. (TYO:7269) announced on May 25 their start of discussions surrounding new joint []
- Infineon to Bolster Semiconductor Production as Automotive Demand Grows – Japanautomotivedaily: Infineon Technologies AG is gearing up for a capital investment to boost its production capacity for power semiconductors and sensors, []
- Hyundai to use $388 million to expand Alabama plant – Yonhap: Hyundai Motor Co. said Wednesday it will invest 419 billion won ($388 million) to construct an engine head production …
- Software Bugs Have a Bounty on Their Heads – WSJ: Over the past two years, General Motors Co. GM -2.40% and the U.S. Defense Department , for example, have begun testing the waters.
- India’s top fuel retailer trims petrol, diesel prices – Reuters: Indian Oil Corp, , the country’s top refiner and fuel retailer, has marginally cut pump prices of petrol and diesel around India, its website showed on Wednesday.
- Ethanol, farm groups sue U.S. EPA over refineries’ biofuels exemptions – Reuters: A coalition of ethanol and farm groups sued the U.S. Environmental Protection Agency on Tuesday, challenging its decision to free three refineries, including one owned by billionaire investor Carl Icahn, from annual biofuels requirements.
- Tesla in Autopilot Mode Crashes Into Parked Police Car in California – Fortune: A Tesla vehicle in Autopilot mode collided with a parked police cruiser in California, authorities said. The Tesla sedan was driving outbound when it struck a parked Laguna Beach police car, the Laguna Beach police department said Tuesday. According to …
- Goodbye Cars, Hello Chips as Toyota Supplier Embraces Tech World – Bloomberg: NSK Ltd. has been making transmissions and ball bearings for Japanese cars for half a century, but the 102-year old manufacturer is now undergoing …
- Daimler reboots Smart car management for EV future – Detroitnews: Head of Smart car to step down as the brand struggles to find a niche
- The Race to Autonomy May Be Won in China – Bloomberg: Take an American electric car that runs 24 hours a day, seven days a week as part of a ride-sharing network. According to Nissan Motor Co. Chairman …
