- Nissan Motor plans up to 40 pct production expansion in China -sources – Reuters: Japan’s Nissan Motor Co plans to invest about $900 million to boost vehicle-making capacity in China by 40 percent by …
- Saudi fund also in talks to invest in aspiring Tesla rival Lucid Motors, sources tell Reuters – Automotive News: PIF and Lucid Motors have drawn up a term sheet under which PIF could invest more than $1 billion in Lucid Motors and obtain majority ownership, sources told Reuters. http:
- Tesla Recoil Stacks Up Against Turkey Takedown: Taking Stock – Bloomberg: Tesla will undoubtedly be at the forefront in today’s session, already dipping below $300 per share in pre-market trading after Friday’s plunge …
- Tesla falls below $300, down another 4% in premarket after last week’s slide – CNBC: Elon Musk’s carmaker was under pressure again to start the week.
- JP Morgan is back to predicting a Tesla stock plunge because funding was ‘not secured’ – CNBC: Tesla shares will fall dramatically the rest of this year as CEO Elon Musk’s going private proposal is becoming more tenuous, according to J.P. Morgan. The firm slashed its December 2018 price target for Tesla shares back to $195 from $308 …Elon Musk…
- China sells diesel to South Africa as refiners seek new export markets – Reuters: State-run oil company Sinopec is selling diesel as far afield as South Africa as China’s refiners seek homes for their surplus fuel in the latest sign of troubles in the domestic refining business.
- Elon Musk says changing his way of working not an option – Automotive News: Tesla’s CEO sees no option but to keep working at his current relentless pace, no matter the deepening concerns of board members and investors about his health and stability. http:
- Greenpeace protests outside Volkswagen UK headquarters – Autocar: Environmental campaign group is demanding an audience with Volkswagen UK boss Paul Willis regarding diesel engines Greenpeace campaigners have blockaded Volkswagen UK’s headquarters in Milton Keynes, protesting against the effects of diesel engine…
- Saudi Arabia Might Not Fund Elon Musk’s Take-Tesla-Private Plans After All – Fortune: The blows just keep coming for Elon Musk. In August alone the entrepreneur has become the subject of an SEC investigation, made a dubious Twitter …
- Daimler says it’s working with German authorities to fix emissions issues – Automotive News: Daimler said it’s working with German authorities to resolve … The maker of Mercedes-Benz cars commented after German magazine Der …
- Nissan to invest $900 million on new assembly plant in China: Nikkei – Reuters: Japan’s Nissan Motor Co will spend around $900 million to build a new auto assembly plant in China that will increase production capacity in the company by 30 percent, the Nikkei newspaper reported on Monday.
- Carmakers struggle to hire hackers, the hottest job in the industry – Freep: He used a computer, some various vehicle spare parts, a turbocharger and the help of few good friends to increase the 120 horsepower normally found in a 1995 Honda Civic sedan to almost 300 hp. “It was a lot of trial and error,” said Trapp, who …
- Porsche Project Gold confirmed with 3.6-litre 444bhp twin-turbo engine – Autocar: Original 993 Turbo engine has been newly made for the restomod project; 444bhp matches the original 993 Turbo”s performance Porsche is to reveal a special restomod project created by its Porsche Classic division, based on a 993-generation 911 Turbo,…
- Nissan to spend $900m on boosting China production by 30% – Nikkei:
- Australia weakens commitment to climate accord after government fractures – Reuters: Australian Prime Minister Malcolm Turnbull on Monday stripped requirements for reducing greenhouse emissions from his centrepiece energy policy in the face of political opposition, although the country remains a signatory to the Paris Agreement.
- [Feature] Akio Toyoda Comment on the 2018 WRC Round 9 Rallye Deutschland Victory – Toyota: At the World Rally Championship held this weekend in Germany, following Rally Finland, Ott Tänak and Martin Järveoja achieved victory, and in addition, Esapekka Lappi and Janne Ferm, who had a frustrating experience in Finland, stood on the third step…
- Elon Musk Tells Arianna Huffington He Can’t Change His Workaholic Ways in 2:30 am Tweet – Fortune: Only a few hours before sunrise in California on Sunday, Musk said he’d just gotten home from the electric-car factory where he has toiled- and often …
- VW averts Mexico strike with pay increase – Automotive News: Volkswagen has agreed to a salary increase of nearly 6 percent for workers in Mexico and another raise for next year, the company’s Mexican union said, averting a potential strike. http:
- Daimler Says Working With Authorities to Fix Emissions Issues – Bloomberg: The maker of Mercedes-Benz cars commented after German magazine Der Spiegel said the manufacturer might be forced to recall as many as …
- Australian PM waters down energy bill to dampen leadership pressure – Reuters: Australian Prime Minister Malcolm Turnbull on Monday averted a possible leadership challenge by dropping targets for cutting greenhouse gas emissions to appease his critics, say local media, as a poll showed his government losing voter support.
- Australian Prime Minister Abandons Climate Targets, Bowing to Party Pressure – New York Times: SYDNEY, Australia – Prime Minister Malcolm Turnbull of Australia abandoned plans for emission targets Monday, bowing to pressure from conservatives who considered toppling Mr. Turnbull’s government over an energy policy that aimed to reduce prices …
- BRIEF-DRB-HICOM’s PROTON & Zhejiang Geely Holding Sign Agreement To Set Up JV – Yahoo: PROTON HOLDINGS BERHAD AND ZHEJIANG GEELY HOLDING GROUP SIGNED HEADS OF AGREEMENT TO SET UP JV; TO TAKE UP EQUAL …
- Meet the world’s greenest soccer club – CNBC: The club has electric car charging facilities at the stadium, to encourage fans to travel to games sustainably and even a robot gardener, known as “The …
- With quotas looming, China’s ‘new energy’ car sales take off – Nikkei: Sales of electric and plug-in hybrid vehicles more than doubled in the first half of this year in China, compared with the same period a year …
- Automakers broaden efforts to help dealerships train, keep service techs – Automotive News: About 9,500 upper-level service technicians work at the automaker’s Nissan and Infiniti dealerships, along with more than 2,800 lower-level lube techs …
- TOYOTA GAZOO Racing Statement – Toyota: TOYOTA GAZOO Racing has lost its one-two victory in the 6 Hours of Silverstone following a post-race technical inspection.
- Function without the flair – Automotive News: Ram and Ford also offer adaptive cruise control on their big pickups, while Chevrolet doesn’t … Overall, is the 2019 Chevrolet Silverado a great truck?
- Who pays for Mitsubishi’s about-face on store design? – Automotive News: Mitsubishi Canada’s 93 dealerships will have to undergo costly renovations as part of the parent company’s global strategy, even though …
- Those who fill car vacuum will win – Automotive News: I believe that those who see this as their chance to take advantage of the vacuum left by Ford, and others who follow suit, will be the winners, and in …
- Ford and Argo AI achieve mutual respect – Automotive News: But as Ford and software partner Argo AI prepare the automaker’s first autonomous vehicle for 2021 deployment, such collaborations are becoming …
- The juke owner who had enough – Automotive News: The headline “Juke dropped from Nissan lineup” (July 30) made me smile, as it reminded me of a situation when a Juke customer traded in her fairly …
- Integrated Vehicle Solutions Group Sues Rick Case Automotive – Automotive News: A major provider of dealership management software is suing Rick Case Automotive Group for allegedly breaching its license agreement and misappropriating trade secrets. http:
- Auria Solutions retools factories for GM acoustics work – Automotive News: Auria is launching a new technology in sound and vibration deadening for GM, to the tune of $100 million. http:
- Longo Toyota launches Spanish website – Automotive News: A California dealership, Longo Toyota, has developed a store website for its Spanish-speaking customers. http:
- Auto subscriptions programs face hurdle in state laws – Automotive News: A subscription ban in Indiana and a California proposal to make automaker subscription programs go through dealers are the first steps taken in what could be a wave of scrutiny over subscription programs in state houses across the country. http:
- McLaren Automotive plans hybrid conversion by 2025 – Automotive News: McLaren is preparing for electrification #8212; but stands by a flat no to SUVs. http:
- Ford and Argo AI achieve mutual respect – Automotive News: How are Ford Motor Co. and software partner Argo AI from Silicon Valley getting along as they prepare Ford’s first autonomous vehicle for a 2021 deployment? http:
- Mark Wahlberg Chevrolet must build on its star power – Automotive News: Actor Mark Wahlberg and partner Jay Feldman are adding staff and bolstering promotional tactics at their new Chevy store in Ohio as they seek to ramp up sales. http:
- EPA concerns may fuel legal challenges to Trump’s CAFE rollback – Automotive News: A document detailing EPA staff concerns provides fodder for legal challenges to the Trump administration’s proposal to roll back federal fuel economy standards. http:
- Hyundai’s N performance line starts fast, boding well for Veloster – Automotive News: Encouraged by the promising start of its performance line in a demanding European market, Hyundai hopes its upcoming Veloster N sports car can raise its perception among U.S. buyers. http:
- Toledo, Ohio — Jeep’s hometown — puts on a show – Automotive News: More than 1,600 Jeeps of every size, stripe and flavor filled the streets of Toledo, Ohio, Aug. 10 to Aug. 12 for the city’s second Jeep Fest — a celebration of the town’s long love affair with its most famous local product. http:
- Byton offers window into China’s EV craze – Automotive News: China has emerged as a global incubator for next-generation electrified driving and as a potent Silicon Valley rival. Some call it a boom, others a bubble. To understand the China EV craze, look no further than Byton. http:
- Exclusive: Saudi PIF in talks to invest in aspiring Tesla rival Lucid – sources – Reuters: PIF, the Saudi Arabian sovereign wealth fund that Tesla Inc CEO Elon Musk has said could help him fund a $72 billion deal to take his electric car maker private, is in talks to invest in aspiring Tesla rival Lucid Motors Inc, people familiar with the…
- Used cars, GM hire and Opel’s new life – Automotive News: Used cars, GM hire and Opel’s new life Automotive NewsFull coverage
- GM’s dog won’t hunt – Automotive News: GM’s dog won’t hunt Automotive NewsFull coverage
- China’s EV startups: Boom or bubble? – Automotive News: A fledgling electric vehicle maker needs, of course, oodles of cash. … including an upcoming K-Byte sedan with Level 4 autonomous driving ability.
- Electric cars: the race to replace cobalt – FT: But they are also key for electric cars to replace petrol-powered vehicles and for … Since then sales of battery electric vehicles and plug-in hybrid vehicles … trucks and buses) produced between now and 2030, according to analysts at … They…
- DC United continues playoff push with win over Revolution – Washington Post: But over three games in eight days at Audi Field, United has rejuvenated the campaign, and with a nine-point rush, D.C. has joined the scramble for …
- Hong Kong Bears Pile Into Short Bets on Chinese Automakers – Bloomberg: Hong Kong Bears Pile Into Short Bets on Chinese Automakers … Bears are betting on a persistent drop in auto sales on the mainland due to a slowing …
- Hyundai Department Store, Amazon join hands for ‘next-generation’ store – Yonhap: Hyundai Department Store Group said Monday it has joined hands with Amazon to develop the “next-generation” retail …
- Tesla Stock in Focus After Wrapping Up Worst Week Since 2016 – Bloomberg: Tesla plunged Friday, capping its worst week since 2016 after the New York Times reported Elon Musk frequently teared up in an interview as he …
- Hyundai Rotem wins 361.5 bln won train order for Seoul subway – Yonhap: Hyundai Rotem Co. said Monday it has received a 361.5 billion won (US$322 million) order to build 50 trains for the …
- Tesla Slashes Spending, and May Add to Its Troubles – New York Times: As questions swirl about whether Tesla will go private – and the well-being of its chief executive, Elon Musk – one crucial factor looms large over the …
- Rallye Deutschland: Day 4 Tanak and TOYOTA GAZOO Racing celebrate back-to-back wins in Germany – Toyota: The TOYOTA GAZOO Racing World Rally Team is celebrating a second straight victory after Ott Tanak followed his Rally Finland triumph by securing victory on Rallye Deutschland. The result is the maiden win on asphalt for the Toyota Yaris WRC. As in…