- Aston Martin plans to go public as turnaround picks up speed – Reuters: Luxury carmaker Aston Martin plans to float on the London Stock Exchange, completing a turnaround for the once perennially loss-making company that could now be valued at up to 5 billion pounds ($6.4 billion).
- Mexico-U.S. deal includes Mexican auto export cap, report says – Automotive News: A proposed U.S.-Mexico trade deal would allow President Donald Trump to slap punitive tariffs of up to 25 percent on imports of Mexican-made cars, SUVs and auto parts above certain volumes, auto executives and sources told Reuters. http:
- Renault launches Arkana coupe crossover at Moscow motor show – Autocar: New crossover will be firm’s flagship model in Russian market, and is designed to mix saloon and SUV attributes Renault has unveiled a new coupe crossover called the Arkana at the Moscow motor show, with the machine designed to combine design traits…
- Elon Musk doubles down on ‘pedo’ claims against UK cave diver – Guardian: The Tesla chairman was widely criticised last month for making the unfounded allegation against Vernon Unsworth, who was part of an international team that freed the young footballers and their adult coach from the Tham Luang cave complex in northern…
- India’s Mahindra says Fiat Chrysler files patent complaint in U.S. – Reuters: India’s Mahindra and Mahindra Ltd said
- Aston Martin London Stock Exchange flotation intent confirmed – Autocar: Aston Martin is set to list shares for sale on the stock exchange in the coming weeks, as financial results show record profits After rumours began circling last year, Aston Martin has confirmed it intends to float the company on the London Stock…
- A Chinese Tesla Rival Launches $1.3 Billion U.S. IPO – WSJ: Chinese electric-vehicle maker NIO launched a U.S. stock sale that could raise up to $1.32 billion, moving to tap the public markets before generating any substantial revenue.
- Grab says it holds 65 percent of Indonesia ride-hailing market – Reuters: Grab holds 65 percent of Indonesia’s ride-hailing market, its managing director for the country said on Wednesday.
- VW Group hit hard by new emissions test – Autocar: From 1 September, all new cars must be WLTP certified Volkswagen estimates the profit burden of meeting the new rules will be more than €1 billion (£890 million) Car makers are racing to ensure their ranges are compliant with the new Worldwide…
- Electric Peugeot 208 won’t get bespoke design – Autocar: New electric supermini will receive very few modifications, with a flat front grille and some EV-specific infotainment menus The electric version of the next-generation Peugeot 208, due next year, will not get its own bespoke look, the company”s…
- Kia highlights new Stinger customer – Automotive News: In the latest new video to join our charts, Kia highlights a new Stinger customer and why he picked the car. http:
- The Stunning One-Year Turnaround of GM’s German Castoff – Bloomberg:
- Fiat Chrysler’s top ranks in limbo after Marchionne’s death – Detroitnews: New CEO Mike Manley straddles chief exec post, European operations and Jeep and Ram brands
- Activist group asks Tesla, Apple for labor policies – Detroitnews: Non-compete agreements, no-poaching rules, mandatory arbitration or non-disclosure agreements are targeted
- Honda Tops 2018 JD Power Philippines Customer Service Index Study – Yahoo: As for the car brands that met a customer’s satisfaction the most, Honda topped the list for the second straight year, with an overall score of 823 out of a …
- Exclusive: Mexico-U.S. deal includes Mexican auto export cap – Reuters: A proposed U.S.-Mexico trade deal would allow President Donald Trump to slap punitive tariffs of up to 25 percent on imports of Mexican-made cars, sport utility vehicles and auto parts above certain volumes, auto executives and sources said on Tuesday.
- Audi and BMW kick off humorous Twitter war – Autocar:
- Musk’s Rants Rekindle Concern About CEO’s Troublesome Tweeting – Bloomberg: Musk steered clear of making any assertions about Tesla, a key distinction from his posts that are said to be under investigation by the Securities and Exchange Commission. But the missives served as fresh reminders of Musk’s erratic Twitter tendencies …
- Canada rejoins NAFTA talks as U.S. autos tariff details emerge – Reuters: Canada’s top trade negotiator praised Mexico’s trade concessions on autos and labor rights on Tuesday as she rejoined NAFTA talks, while U.S. lawmakers warned that a bilateral U.S.-Mexico trade deal would struggle to win approval in Congress.
