- BorgWarner to restate certain financial statements – Reuters: U.S. auto parts makers BorgWarner Inc said on Friday it would restate its financial statements for fiscal years 2015 and 2016 to re-evaluate accounting of its asbestos-related charges.
- Porsche 718 Boxster Spyder: new pictures of flat-six featherweight – Autocar: Lightened drop-top will swap turbo-four power for high-revving unit of its sibling Development of the most driver-focused version of the Porsche 718 Boxster is now at an advanced stage, suggesting that the car is due for reveal this summer before…
- Ford Unit Teams With Startup Developing ‘Waze’ for Self-Driving Cars – Bloomberg: Most of these companies are building tools to make driverless cars a reality. RideOS, based in San Francisco, is aiming for the future when they are on …
- Ford’s China struggle continues as May vehicle sales slump 29 pct – Reuters: Ford Motor Co’s struggle to boost sales in China showed no sign of ending soon with volumes for May sliding 29 percent despite steps being taken by the U.S. automaker like appointing a new sales leader and readying launches of new products.
- Ghosn says Renault-Nissan alliance will be reworked by 2022 – Automotive News: Renault CEO Carlos Ghosn said the automaker’s alliance with Nissan and Mitsubishi Motors will be reworked by the end of his term in 2022.
- Volkswagen names Christian Schulz as new trucks CFO – Reuters: Volkswagen’s truck and bus division on Friday named Christian Schulz as its new finance chief, replacing Matthias Gruendler, who resigned for personal reasons last month.
- Renault-Nissan Alliance to Be Reworked by 2022, Ghosn Says – Bloomberg: Renault SA Chief Executive Officer Carlos Ghosn said the automaker’s alliance with Nissan Motor Co. and Mitsubishi Motors Corp. will be reworked by …
- Ford’s May China vehicle sales -29 pct y/y – Reuters: Ford Motor Co’s sales in China fell 29 percent in May from a year earlier to 61,744 vehicles, the company said on Friday, as the U.S. automaker continued to grapple with the sales doldrums, caused in part by a dearth of competitive fresh product.
- European sales flat in May on fewer sales days – Automotive News: Sales at Toyota grew 4.2 percent, helped by a healthy 21 percent gain at its Lexus brand. Nissan’s volume was down 16 percent while Kia gained 3.4 …
- Opinion: Can driving simulators replicate reality? – Autocar: Not all race simulators are convincing from a driver”s perspective With even the best driving simulators leaving us unconvinced, we take a look at some tech that could solve this Say you wanted a vehicle simulator that accurately represented all of…
- Tesla Model Y: small SUV is key to brand’s self-sustainable future – Autocar: How we think the Model Y will look Crossover will take the fight to the Jag I-Pace and Audi E-tron with radical new tech Tesla”s upcoming Model Y crossover could be the company”s most important model yet, finally propelling it into a long-promised…
- Opinion: Is Tesla moving too quickly? – Autocar: Tesla Model 3 With Tesla having revealed so many new plans in recent months, we discuss whether its moving too quickly Tesla has long acted more like a tech company than a car company, so perhaps it is not a surprise that the speed of innovation could…
- Mazda Signature line targets Canada’s premium segment – Automotive News: Mazda is making a concerted effort to steal some sales from the lower end of the premium market with a new Signature trim level.
- Advanced Automatic Collision Notification Service “D-Call Net(R)” Expanded Nationwide – Toyota: Full-scale implementation of the advanced automatic collision notification system D-Call Net(R) is now underway at approximately 730 locations within Japan. A trial service has been ongoing since November 2015, whereby base hospitals and air ambulances…
- Chinese ride-sharing giant Didi picks Australia for first Western foray – Reuters: Didi Chuxing Technology Co Ltd, the Chinese ride-sharing company which bought the mainland operations of Uber Technologies Inc [UBER.UL], said it will begin offering its service this month in Australia, its first foray in a Western country.
- China Gets Four New Billionaires in a Week After Battery IPO – Bloomberg: A surge in the shares of the world’s biggest maker of electric-vehicle batteries for a fifth day after listing has added a fourth billionaire to the ranks of …
- Daihatsu Looks Toward Increased Local Development for Indonesia – Japanautomotivedaily: Daihatsu Motor Co. Ltd. plans to locally develop its next-generation vehicles for Indonesia, looking to do this for vehicles introduced []
- Renault to Invest $1.2 Billion in French Plants to Make E-Cars – Bloomberg: Renault SA will invest more than 1 billion euros ($1.18 billion) to boost production of electric vehicles in France in a move that could go some way at …