- FCA makes official trade complaint to block Jeep-like Mahindra Roxor – Autocar: “Boxy body shape with flat-appearing vertical sides and rear body ending at about the same height as the hood” are Jeep hallmarks, said Fiat Chrysler Automobiles” complaint Fiat Chrysler Automobiles (FCA) has attempted to block Indian car maker…
- NASA to unveil the astronauts who will relaunch human flights from US soil – Washington Post: The crews would fly on spacecraft developed not by NASA, but by two corporations, SpaceX and Boeing, which are under contract to provide a …
- RPT-GM seeks to exclude China-made Buick SUV from tariff – Reuters: General Motors Co is seeking an exemption to a 25 percent U.S. tariff on its Chinese-made Buick Envision sport utility, the automaker said on Thursday, in a move to prevent the key model in the brand’s U.S. lineup from becoming a victim of the…
- Audi steps up production ahead of new pollution rules – Reuters: Audi has stepped up production ahead of a September deadline when it becomes harder to register vehicles as roadworthy, the German premium carmaker said on Friday.
- Toyota logs record 2Q profit – Detroitnews: Toyota Motor Corp. has reported its quarterly profit climbed 7.2 percent, helped by strong sales in the U.S., overseas
- Mercedes-Benz reveals prices and spec for plush X-Class pickup – Autocar: Mercedes” first pickup starts at an almost identical price to the Volkswagen Amarok after VAT Mercedes-Benz has revealed pricing for its X-Class pickup truck: it is almost the exact same price as its closest rival, the Volkswagen Amarok. Starting at…
- Opel to slow production at two German plants: newspaper – Reuters: Carmaker Opel, a unit of France’s PSA Group , plans to slow production at two German sites after the summer to help cut costs in response to declining sales, regional newspaper Allgemeine Zeitung reported on Friday.
- Toyota Land Cruiser Utility Commercial is a go-anywhere van – Autocar: Prices start at £27,546 for the Land Cruiser van – almost £6000 less than the entry-level passenger version Toyota has begun deliveries of the Land Cruiser Utility Commercial; a two-seat van version of its ultra-tough SUV. Removal of the rear seats…
- Tesla Shorts Stand Their Ground After $1.7 Billion Loss – WSJ: Short sellers taking aim at Tesla Motors are holding onto bets that the electric car maker is on borrowed time, undeterred by the stock”s biggest one-day rally in years.
- NASA Has Finally Named a Winner in the SpaceX vs. Boeing Race to Send Astronauts Into Space – Fortune: Elon Musk’s SpaceX is going to start putting people on its test flights in April next year, ahead of Boeing, NASA has revealed in a schedule published …
- Toyota and Isuzu put the brakes on capital tie-up – Nikkei:
- Nissan agrees to sell car battery unit to China’s Envision Group – Reuters: Nissan Motor Co said on Friday it agreed to sell its electric car battery unit to Chinese renewable energy firm Envision Group for an undisclosed sum.
- Facing U.S. tariff threat, Toyota warns car costs could rise – Reuters: * U.S. tariff rise would add $1,800 cost to firm’s U.S.-made cars
- Toyota faces up to $4.2bn hit if Trump raises tariffs – Nikkei:
- Japan weighs sovereign wealth fund for U.S infrastructure investment-Nikkei – Reuters: * Finance Minister says no specific plans for fund (Adds comment from Toyota executive, Sumitomo Corp)
- Isuzu and Toyota to Dissolve Capital Ties – Toyota: Toyota Motor Corporation (Toyota) and Isuzu Motors Limited (Isuzu) agreed today to dissolve their capital tie-up, with Toyota planning to sell its entire stake in Isuzu in the future. The two companies intend to maintain their strong relationship,…
- Toyota reports 19% increase in profit for quarter ended June – Nikkei:
- Toyota books best quarterly profit in 2.5 years on higher Asia sales – Reuters: Toyota Motor Corp on Friday posted a 19 percent profit jump for the first quarter, beating estimates and clocking its best quarterly performance in two-and-a-half years on the back of higher sales and cost reductions in Asia.
- GM Seeks Tariff Exemption for Its China-Made Buick Envision SUV – Bloomberg: General Motors Co. asked the Trump administration to exclude the China-made Buick Envision from import tariffs, saying they would harm the …
- Volkswagen R division considers hot EV – Autocar: First ID model to arrive will be the hatch in 2020 New ID family is tipped to provide the first R-branded electric performance VW Volkswagen is evaluating a high-performance electric R model based on one of the forthcoming ID range – but will commit…
- Lexus chases 100,000 annual sales after design revolution – Autocar: Lexus hopes the striking new UX small SUV will boost its European sales of 75,000 cars per year The brand has targeted growing European sales from 75,000 to at least 100,000 cars a year by 2020 The consistent family look Lexus has given its model…
- Toyota Motor reports 19 percent rise in first-quarter profit, beats estimates – Reuters: Toyota Motor Corp on Friday posted a 19 percent rise in first-quarter profit, beating estimates, on the back of sales growth in Asia and cost reductions in that region and at home.
- Suzuki on way to 2030 goals after strong quarter in India – Nikkei: