- Belgium’s Umicore beats estimate on strong battery materials growth – Reuters: Belgium’s Umicore (UMI. … Demand for electric vehicles is expected to surge in the next decade as governments move to ban petrol and …
- BMW to build 1 billion euro car factory in Hungary – Reuters: BMW said it is investing 1 billion euros ($1.17 bln) in a new car factory in eastern Hungary, a project that could contribute to the country’s growth and strengthen its position as a centre for premium car manufacturing in the region.
- BMW to Expand European Footprint With $1.2 Billion Hungary Plant – Bloomberg:
- Britain’s car industry cautions: No-deal Brexit is our nightmare – Reuters: A no-deal Brexit would seriously damage the car industry in Britain and the European Union by raising costs and sowing chaos for carmakers and consumers alike, the head of Britain’s car industry warned on Tuesday.
- Faraday Future FF 91 on track for December customer deliveries – Autocar: Sino-American brand”s first body-in-white production car has been completed and its aim for first deliveries before the year”s end reiterated Customer deliveries of Faraday Future”s first model, the FF 91 electric SUV, will commence by the end of the…
- Honda resists U.S. tariff hit for now, first-quarter profit at 12-year high – Reuters: Honda Motor said the impact of U.S. steel and aluminum import tariffs on its bottom line had so far been limited, as it posted a surprise jump in quarterly profits to their highest in more than a decade on improving North American sales.
- Japan’s Denso sees 70-80 billion yen hit from U.S. import restrictions: media – Reuters: Japanese automotive components maker Denso Corp said on Tuesday that it expects to take a hit of up to 80 billion yen ($719 million) this year if the United States raises auto tariffs, Japanese media reported.
- Racing Mustang from ‘Bullitt’ a Goodwood hit – Detroitnews: Ford flew the 1968 Mustang from “Bullitt” to England for the Goodwood Festival of Speed.
- Skoda Karoq Scout confirmed for Paris motor show debut – Autocar: Toughened four-wheel-drive small SUV gets three engines, styling tweaks and upgraded equipment Skoda will take the Karoq Scout – a more off-road-friendly version of the Karoq, its Nissan Qashqai rival – to the Paris motor show in October. The Karoq…
- Tata Motors reports first quarter loss – Reuters: India’s Tata Motors Ltd reported on Tuesday a loss for the three months through June, hurt by higher raw material costs.
- Tesla Model S vs Jaguar I-Pace: EV twin test – Autocar: The Jag”s range is 298 miles; Tesla claims 304 After conjuring up premium electric cars without peer for 10 years, has Tesla finally met its match in Jaguar”s new I-Pace? We pit it against a Model S to find out In 1949, De Havilland unveiled the…
- Volkswagen to name company insider as VW brand COO: source – Reuters: Volkswagen is set to name Ralf Brandstaetter, the procurement chief of its core VW brand, as Chief Operating Officer of the brand, a person familiar with the matter said.
