- Uber rival Taxify bets on motorcycles and rickshaws in East Africa – Reuters: Taxify, an Estonian ride-hailing company aiming to take on Uber [UBER.UL] in emerging markets, will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles, it said on Thursday.
- Trucking’s Tight Capacity Squeezes U.S. Businesses – WSJ: More companies are pointing to rising freight costs as a drag on earnings and growth, as trucking companies raise rates at a historic pace and one says finding trucks is getting “ugly.”
- Mazda, Suzuki, Yamaha Motor apologise for improper vehicle tests – Reuters: Mazda Motor Corp, Suzuki Motor Corp and Yamaha Motor Co improperly tested vehicles for fuel economy and emissions, the Japanese government said on Thursday, revealing fresh cases of compliance failures by manufacturers.
- Here’s how Elon Musk might put together a deal to take Tesla private – CNBC: ‘s Leslie Picker points out, seems infeasible since Tesla does not generate the …
- Tesla’s wild ride – FT: Tesla later issued a letter to its employees confirming the tweet was legitimate and that going private would allow the company to operate better without the distraction of “wild swings in our stock price”. Mr Musk has clearly had enough of Wall Street …
- Seat drops remaining three-door models – Autocar: There are now just three three-door cars in the Volkswagen Group’s portfolio, as Seat ends production the Leon SC and three-door Mii The Seat Leon SC has been trimmed from the brand”s line-up, becoming the latest in a series of three-door models taken…
- Ford Is Far From First in Driverless Vehicles-and Investors Want In – Bloomberg:
- Elon Musk’s Flawed Plan for Tesla Shareholders – WSJ: Elon Musk”s latest piece of showmanship-an offer to take electric-car maker Tesla private-amounts to a slap in the face for shareholders, writes James Mackintosh.
- Geely Mulls $1.9 Billion Revival Plan for Lotus Cars – Bloomberg: Geely acquired the Lotus stake from Proton Holdings Bhd. last year, when it also announced buying 49.9 percent of Proton. Li said last year that Geely …
- Analysis: Musk’s Tesla buyout plan could test Wall Street’s nerves – Reuters: A leveraged buyout of electric carmaker Tesla could be an ominous sign of market exuberance, but investors may need more justification to run for the exits.
- Next-gen 1000bhp Corvette to go mid-engined – Autocar: How we think the next-generation Corvette could look Hardcore hybrid will be used for C8 version of America”s iconic sports car, due in 2019 The eighth-generation Chevrolet Corvette will switch to a mid-engined layout for the first time in the model”s…
- GM squeezes pounds and pennies to attack Ford’s pickup profit machine – Reuters: When General Motors Co engineers were developing the 2019 Chevrolet Silverado and GMC Sierra pickup trucks, some of them joined public tours of Ford Motor Co’s Dearborn, Michigan factory to watch aluminum-bodied F-series trucks go down the assembly line.
- Musk’s Tesla buyout plan could test Wall Street’s nerves – Reuters: A leveraged buyout of electric carmaker Tesla could be an ominous sign of market exuberance, but investors may need more justification to run for the exits.
- 2019 Audi S3 primed to take on Mercedes-AMG A35 – Autocar: The new A3 will offer four bodystyles, as well as hot S3 and RS3 editions, as spotted here The next-generation Audi S3 has made an outing in prototype guise, previewing an eleven-strong next-generation A3 model line-up due before 2022. Spotted here in…
- Tesla short-sellers remain steadfast on stock slide – FT: Investors betting that Tesla shares are poised for a drop remain undeterred by a jump in its stock price after the co-founder Elon Musk’s claim he has “secured funding” to take the electric carmaker private. Shares in Tesla rose nearly 11 per cent to …
- Suzuki and Mazda admit false emissions tests – Nikkei:
- Electric-car makers amped on Formula E racing – Detroitnews: Some of the world’s top automakers invest in electric-car race series to accelerate development
- Lamborghini, sports car and tractor – Detroitnews: http://rssfeeds.detroitnews.com/~/i/563217490/0/detroit/autosinsider
- Audi reveals juicy e-tron specs – Autocar: Audi tested the systems at Pikes Peak recently and found the prototype recuperating up to 300Nm of torque and 220 kW of electric power, more than …
- Japan says Mazda, Suzuki, Yamaha Motor carried out improper testing – Reuters: * Latest in series of data falsifications by Japan manufacturers
- Hyundai to stop making diesel versions of four models – Yonhap: Hyundai Motor said Thursday it will stop production of diesel versions of four car models due to weak sales. The diesel …