- JP Morgan predicts Tesla shares will plunge more than 40% before the end of the year – CNBC: Tesla shares will fall dramatically the rest of this year due to its high valuation and rising competition, according to J.P. Morgan. The firm reaffirmed its underweight rating for Tesla shares, saying other automakers may price their electric cars …
- 2019 Aston Martin Vantage will be first to mate manual gearbox to AMG V8 – Autocar: British brand”s next Vantage will ignore industry trends to strive for a more engaging experience Aston Martin”s engineers have been challenged to be the first to mate a manual gearbox to the AMG-sourced V8 engine of the Vantage, producing a more…
- Tesla to unveil new model in St. Louis – CNBC: Tesla will have its first public showing of its $35,000 “more affordable” family sedan in at the company’s University City showroom Friday, the St. Louis Business Journal reports.
- US probes complaints that some Ford Escapes overheat – Detroitnews: Investigators say it has 40 complaints from consumers about stalling, including two alleging that engines caught fire
- Hey, You Didn’t Pay! Uber Regulars Have Forgotten How to Behave in Regular Cabs – WSJ: Accustomed to cashless apps, taxi passengers forget to give directions-or pay; it”s ‘dining and dashing, but for a cab.”
- Hyundai Motor reaches a tentative wage deal with South Korean union – Reuters: Hyundai Motor on Friday reached a tentative wage deal with its South Korean labour union, a company spokesperson said.
- Mitsubishi recruits former Maserati, Audi exec Dambrosio to head advanced design – Automotive News: Mitsubishi Motors has recruited former Maserati and Audi designer Alessandro Dambrosio as executive design director. Dambrosio will lead …
- Kansas City Southern profit rises 10.3 pct – Reuters: Regional U.S. railroad Kansas City Southern reported a 10.3 percent rise in quarterly profit on Friday, boosted by higher revenue in its automotive, chemicals and petroleum segments.
- Ford (F) Set to Report Q2 Earnings: What’s in the Cards? – Yahoo: In the last reported quarter, Ford beat estimates by 4.9%. In fact, the automaker surpassed estimates in three of the trailing four quarters, delivering an …
- Luxembourg police deploy Tesla cars to help nab criminals – Reuters: Police in Luxembourg have added two Tesla electric cars to their fleet, hoping that their rapid acceleration capacity will help them nab more criminals and speed offenders while also trimming the tiny country’s carbon emissions.
- Nissan Leaf Nismo electric hot hatch launched in Japan – Autocar: Sporty EV could preview what”s to come with a UK-bound Nismo trim variant Nissan has launched a Nismo version of its Leaf electric hatchback in Japan, offering a more urgent powertrain, sportier handling and an aggressive look. The Leaf Nismo has been…
- Germany aiming for decision on diesel retrofits by end-Sept -Merkel – Reuters: Chancellor Angela Merkel said on Friday the German government did not yet have a common position on whether diesel cars needed to be retrofitted with catalysts but hoped to come to a decision by the autumn.
- Honda Civic saloon to go on sale in August priced from £19,395 – Autocar: Two engines will be offered: a 1.0 petrol or 1.6 diesel, with manual, CVT and automatic gearboxes available Honda has confirmed that its Civic saloon will be priced from £19,395 when it goes on sale in Britain in August, marking a return for the…
- New Kia Niro EV crossover to launch at Paris motor show – Autocar: Kia will launch the Niro EV in Europe this October Electric version of Korean firm’s hybrid SUV is already on sale in Korea; it’ll arrive here following the Paris show in October The new Kia Niro EV will be launched in Europe after it makes its debut…
- Buy them before we do: second-hand picks for 20 July – Autocar: Fancy a Hummer H3 for just £17,500? These are our top bargain buys we’ve spotted for sale The used car market is brimming with tasty deals, but sometimes it can be hard to tell the wise buys from the potential money pits. Fear not, our used car…
- Nobody wins with US auto tariffs, Ghosn says – Nikkei: Asked about the future direction of the alliance, which also includes Japan’s Mitsubishi Motors, Ghosn stressed that “performance and sustainability” …
- Peugeot 508 GT to come with high-output all-wheel drive hybrid system – Autocar: Front axle uses a mild hybrid powertrain, while the rear is electric only Around 200bhp is expected to be offered by the 508 PHEV”s four-cylinder engine, with the motor providing an additional 100bhp The Peugeot 508 range will be boosted by a new…
- Geely on the move on Fortune Global 500 – Autocar: Geely Holding attributes the big sales numbers to the core subsidiaries of the group: Geely Auto of China and Volvo Cars. In total, Geely Auto sold …
- Toyota Motor Corporation Founder Kiichiro Toyoda Inducted into Automotive Hall of Fame – Toyota: Cited for his extraordinary vision and entrepreneurial spirit, Toyota Motor Corporation founder and former president Kiichiro Toyoda was inducted into the Automotive Hall of Fame last evening in Detroit.
- Hedge fund Elliott raises stake in Japan’s Alpine – Reuters: U.S. hedge fund Elliott Management has raised its stake in Japan’s Alpine Electronics Inc to 6.3 percent, a regulatory filing showed, less than a week after it said it could make “significant proposals” to the components maker.
