- Aston Martin reveals school-run-cum-track-beast – Autocar: Aston Martin reveals school-run-cum-track-beast … Now you can terrify not just one passenger, but three, thanks to Aston Martin’s latest AMR creation.
- Bets against Tesla just hit another record as shares keep climbing (TSLA) – Yahoo: Short interest in Tesla, the most bet-against stock in the US, hit a new record this week of $12.6 billion, according to data from financial analytics firm S3 Partners. That’s a 17% increase since May 21, when the previous record was nearly $2 billion …
- Congo’s Miners Face Harsh New Reality as Mining Law Finalized – Bloomberg: The expected boom in cobalt demand being brought about by the electric car revolution could be snuffed out before it really gets going if supply …
- Economic boom from self-driving cars will dwarf job dislocation, report says – Automotive News: Driverless cars could shave 0.06 percent from the employment rolls by the early 2030s, and 0.13 percent by midcentury, but their benefits in just one …
- Feds label Fiat Chrysler, UAW as co-conspirators – Detroitnews: Filing alleges years of violations of Labor Management Relations Act
- Fiat, Jeep, Alfa Romeo will skip Paris auto show – Automotive News: Fiat showed the 500 Riva at the last Paris show in 2016. … The Fiat, Alfa Romeo, Jeep and Abarth brands will not have stands at the show, the reports …
- Fuel prices begin comedown as wholesale price drops – Autocar: Amid rising fuel prices at the pumps, the RAC point out wholesale prices have dropped and that the savings aren”t being passed on to the customer; prices are now starting to relax Fuel prices are beginning to relax, as supermarket Asda announced a…
- Grab gets $1bn investment from Toyota – Nikkei:
- Grab Should Beware of Carmakers Bearing Cash – Bloomberg: But even if Grab stops short of owning vehicles itself and merely facilitates loans to buy new cars, the company then bears the responsibility of …
- Hyundai i30 N start price confirmed – Autocar:
- Le Mans 2018: how the new Aston Martin Vantage GTE was created – Autocar: There will be 29 British drivers on the grid at Le Mans this weekend, ranging from former winners and an F1 champion to teenagers and rookies The British firm’s new racing machine, which will fight for GTE class honours in the 24-hour race, was…
- Mazda’s hit CX-8 SUV to make debut outside Japan – Nikkei:
- Nissan announces expansion plans in Africa, Middle East & India – Nissan-global: Nissan Motor Co., Ltd. unveiled a major expansion strategy in the Africa, the Middle East and India region today as part of the company”s six-year midterm plan, Nissan M.O.V.E. to 2022.Nissan aims to build on its strengths in markets including South…
- Nissan doubles down on emerging markets as U.S. sales slow – Reuters: Nissan Motor Co Ltd said on Wednesday it expects vehicle sales in some markets to beat industry growth, driven by countries including Saudi Arabia – crucial for the Japanese firm that is struggling with slowing sales in the United States.
- Polestar Will Pump Up New Volvo S60 Performance Model – Detroit Bureau: Few brands have done more to try to transform their image in recent years than Volvo, and the new S60 T8 Polestar Engineered sedan should …
- Renault-Nissan cost savings build with Mitsubishi on board – FT: The Renault-Nissan alliance saw a 14 per cent year-on-year rise in cost savings to €5.7bn in 2017, with the addition of smaller rival Mitsubishi Motors …
- Tesla Is Coming to Its Financial Senses. That Has Its Own Risks. – New York Times: ______. Tesla, the electric car company defined by the moonshot mentality of its C.E.O., Elon Musk, has started to act with apparent caution. Out of a desire to show some profits, Tesla said on Tuesday that it was laying off around 9 percent of its …
- Tesla to cut 9% of jobs in ‘difficult but necessary’ reorganization – Yahoo: Tesla (TSLA) told employees Tuesday it will cut about 9 percent of its workforce, trimming mostly salaried positions. Since the start of the year, Tesla has added roughly 8,000 jobs and currently employs approximately 46,000 workers. Through this…
- Toyota Motor to invest $1 billion in ride-hailing firm Grab – Reuters: Toyota Motor Corp has agreed to invest $1 billion in Southeast Asian ride-hailing firm Grab as a lead investor in the company’s ongoing financing round, which was launched after it bought Uber Technologies’ regional business.
- Toyota to Buy $1 Billion Grab Stake to Expand in Ride Hailing – Bloomberg: One Toyota executive will be appointed to Grab’s board, and a Toyota employee will be seconded to Grab to as an executive officer, the carmaker said …
- Toyota’s Mobility Grab Risks Being All Talk – Bloomberg: In a statement Wednesday, Toyota said it would spend $1 billion buying a stake in Grab. The investment, Toyota’s second collaboration with Southeast …
- UAW’s new leader faces contract talks, federal probe – Reuters: The union that represents factory workers at the Detroit Three automakers was due to elect a new leader on Wednesday ahead of tough 2019 contract talks likely to coincide with declining U.S. sales of new vehicles.
- VW’s Seat brand plans to join robotaxi revolution – Automotive News: The French automaker offered a peak at its vision in March at the Geneva auto show when it unveiled its EZ-GO driverless electric vehicle. In addition …
- Who cares if Elon is incinerating capital? – FT: In the many critical thought pieces Tesla, and by obvious extension Elon Musk, have generated over the past few years, there seems to be a common …