- What risks are we willing to accept for a world of self-driving cars? – Washington Post: Now humans could be freed from parking – cars would do it themselves. And freed from driving – a driverless car ordered online would come pick you up and take you wherever you wanted to go. But, as Burns tells it, the industrial story is a familiar …
- Ford is using drones to keep an eye on its UK factories – and save money – CNBC: A Ford engine plant in London is using drones to inspect machinery, roofing and other equipment – saving time, money and improving safety.
- From Unilever to Ford, companies in Venezuela cling on by cutting products – Reuters: Unilever’s factory in the outskirts of the northern Venezuelan city of Valencia once bustled with activity as it produced everything from soap to toothpaste for one of South America’s wealthiest economies.
- U.S., Canada slug it out as deadline looms to clinch NAFTA – Reuters: Canada and the United States will make a final push to iron out differences on a pact to modernize the North American Free Trade Agreement (NAFTA) on Friday, with Mexico on standby to return to talks aimed at ending a year of hard-fought negotiations.
- Renesas Electronics weighs deal for U.S. chip maker, reports say – Automotive News: Japanese automotive chipmaker Renesas Electronics, looking to further expand into chips for self-driving vehicles, is considering buying U.S. chipmaker Integrated Device Technology, Reuters and the Nikkei reported.
- Why you may want to try a car subscription instead of rental – Freep: Mobiliti app and Tamaroff Auto Group team up to offer customers 30-day vehicle subscriptions in lieu of car ownership.
- Production 2019 Tesla Roadster to arrive next week – Autocar: Grand Basel invite shows a fragment of a new Tesla; the event celebrates “automotive masterpieces” Tesla’s upcoming Roadster is tipped to be revealed at the Grand Basel motor show, with an invite sent to owners revealing a glimpse of the reborn…
- Carmakers Drop as Trump Snubs EU Overtures on Tariff Cuts – Bloomberg: . Juncker added that he expects the U.S. to adhere to an agreement to …
- Japan’s Renesas Electronics considering buying U.S. chip mak – Reuters: Japanese automotive chipmaker Renesas Electronics Corp is considering buying U.S. chipmaker Integrated Device Technology Inc, a person familiar with the matter said on Friday.
- Lynk&Co 03 saloon revealed: new pictures show interior – Autocar: Geely-owned brand shows third model based on modular platform shared with Volvo, which goes on sale in China this year Lynk&Co’s third production model, the 03 saloon, has been detailed in new images after its public debut at the Chengdu motor show….
- Juncker vows to lift auto tariffs if Trump reneges on agreement – Reuters: The European Union will respond in kind if U.S. President Donald Trump reneges on a pledge to refrain from imposing car tariffs, European Commission President Jean-Claude Juncker said, as trade tensions between Europe and the United States rose again.
- Renesas chases $6bn deal for IDT to enhance self-driving chips – Nikkei:
- Coca-Cola-Costa, Trade War Threats, BlackRock and Tesla: CEO Daily for August 31, 2018 – Fortune: BlackRock-run funds voted for the recent Tesla shareholder proposal that would have seen CEO Elon Musk replaced as chairman with someone independent-had the proposal succeeded. Tesla said 17 million shares backed the proposal, while 86 million …
- All Peugeot, Citroen and Vauxhall cars now compliant with WLTP regulations – Yahoo: PSA Group has announced that all Peugeot, Citroen, DS and Vauxhall vehicles are now certified to WLTP fuel economy regulations. WLTP, or Worldwide Harmonised Light Vehicle Test Procedure, is the latest system of classifying vehicles’ fuel economy, and …
- Trump Approach on Nafta Relieves Automakers’ Worst Fears – New York Times: As the Trump administration sought trade concessions from Mexico in recent weeks, automakers and their suppliers feared that manufacturing costs could increase by billions of dollars. Now, they are breathing a sigh of relief. The auto industry is still …
- S. Korea to carry out intensive tests on fire-prone BMW cars – Yonhap: SEOUL, Aug. 31 (Yonhap) — South Korean automobile experts plan to carry out a wide range of tests on three BMW 520d sedans by December to try to determine the exact cause of fires that have destroyed dozens of cars here. The Korea Automobile Testing …
- BRIEF-Geely And Smart Eye Collaborate To Make Semi-Autonomous Car In 2019 – Yahoo: Smart Eye Ab (Publ):. * GEELY AND SMART EYE COLLABORATE TO MAKE SEMI-AUTONOMOUS CAR IN 2019. * GEELY AUTO GROUP WILL WORK WITH SMART EYE ON DEVELOPMENT OF A NEW RANGE OF HIGH-END SAFETY SYSTEMS. * GEELY …
- EU will respond in kind if U.S. imposes car tariffs: Juncker – Reuters: European Commission President Jean-Claude Juncker said he hoped a July “ceasefire agreement” with U.S. President Donald Trump to refrain from imposing car tariffs would prevail, but the EU would impose its own tariffs if the U.S. changed course.
- Lyft in talks to hire advisor for 2019 IPO – Bloomberg – Reuters: U.S. ride services firm Lyft Inc is in talks with an advisor for a targeted March or April 2019 initial public offering, Bloomberg reported, citing people familiar with the matter.
- Volkwagen pushing R division due to recent success – Autocar: VW”s upcoming T-Roc R will have only a few styling tweaks over the standard car Due to success with models such as the Golf R, the performance arm is playing a greater role in developing Volkswagens Volkswagen R performance variants are now so…
- Buy them before we do: second-hand picks for 31 August – Autocar: Fancy a McLaren with a five-figure price tag? These are the 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…
- Canadian trade minister says need ‘right deal, not any deal’ on NAFTA – Reuters: Canada’s trade minister said on Friday that Canada, the United States and Mexico are working to “get the right deal, not any deal” on a revamped North American trade pact, and there were risks to all if no agreement could be reached.
- TMC Announces Regular Personnel Changes – Toyota: On September 1, Toyota Motor Corporation (TMC) intends to make the following personnel changes at the sub-executive managerial level.
- U.S., Canada make late-night push for NAFTA; no deal yet – Reuters: Top NAFTA negotiators from Canada and the United States wrapped up a third day of two-way talks on Thursday, agreeing to meet the next day to resolve final differences before a deadline, with Mexican counterparts on standby to rejoin negotiations.
- Should you buy an electric car? – FT: Sitting in an electric car on the start line at Silverstone, about to go head to head with the latest Aston Martin, I quietly wonder what on earth I am doing. While the guttural rumbling from the Aston’s V8 engine seeps into my right ear, the Tesla S I …
- Lyft Is Said to Hire Adviser to Prepare for Targeted 2019 IPO – Bloomberg: Lyft Inc., the second-biggest U.S. ride-hailing company, has started the process for an initial public offering in an effort to beat Uber Technologies Inc.
- China’s Ganfeng Lithium files for Hong Kong listing – Reuters: China’s Ganfeng Lithium Co Ltd has filed for a Hong Kong stock market flotation, betting on a rise in demand for lithium as electric cars …
- Tesla (TSLA) Dips More Than Broader Markets: What You Should Know – Yahoo: Tesla (TSLA) closed at $303.15 in the latest trading session, marking a -0.65% move from the prior day. This change lagged the S&P 500’s 0.44% loss on the day. At the same time, the Dow lost 0.53%, and the tech-heavy Nasdaq lost 0.26%. Coming into …
- Canada’s Freeland says NAFTA talks with U.S. to resume Friday – Reuters: Canada’s foreign minister Chrystia Freeland said on Thursday that talks between Canadian and U.S. officials over the renegotiation of the North American Free Trade Agreement (NAFTA) would resume on Friday.
- BlackRock voted to replace Tesla’s Musk with independent board chair – Reuters: Funds run by BlackRock Inc voted over Tesla Inc’s objections in favor of a shareholder proposal in June that would have required the electric carmaker to replace Elon Musk with an independent board chairman if the motion had not been defeated, a…