All the auto news, less filling
- Parts Supplier to Challenge VW, Ford With $14 Billion Push Into Self-Driving Cars – Bloomberg: Volkswagen AG and Ford Motor Co. are set for more competition in the race to role out self-driving vehicles as parts supplier ZF Friedrichshafen AG develops its own offering in the latest sign of how technology shifts are upending traditional roles in …
- German regional government to appeal Frankfurt ban on older diesels – Reuters: A looming ban on older diesel vehicles from Germany’s financial capital faces a legal challenge from the state government, deepening controversy over how to handle the fallout from an emissions cheating scandal that has rocked the car industry.
- Abarth 124 GT: hard top sports car costs £33,625 – Autocar: A coupe Abarth 124 isn’t happening, but the 124 gets a carbonfibre removable hard top and exclusive parts Abarth has announced that the 124 GT will be priced from £33,625, with only 50 units heading for UK roads. The brand revealed its lightened…
- Why automotive employment continues to grow globally – Automotive News: Of the 13 publicly traded automakers with at least 100,000 workers at the end of their most-recent fiscal year, 11 had more staff compared with 2013, according to data compiled by Bloomberg.
- AutoNation starts search for a CEO as Jackson steps back – Reuters: AutoNation Inc said on Wednesday it will begin a search for a new chief executive as longtime CEO Mike Jackson plans to move to an executive chairman role at the largest U.S. auto retail chain next year.
- AutoNation’s Outspoken Chief Executive to Step Down Next Year – WSJ:
- End of a Car-Selling Era as AutoNation Chief Steps Down – New York Times:
- Tesla criminal probe into Elon Musk tweet may open Pandora’s box – Automotive News: Now that federal prosecutors have a toehold on their investigation, they can dig in to look for other signs of misconduct at Tesla.
- Daimler Trucks expects sales, earnings records in 2018 – Yahoo: HANOVER, Germany (Reuters) – Daimler’s (DAIGn.DE) truck division, the world’s largest commercial vehicle maker, expects to post record sales and earnings in 2018 as the economic environment offsets the flow of negative news about trade restrictions.
- Buyer found for classic car firm JD Classics – Autocar: After falling into administration following legal battles between former management and previous business associates, JD Classics has a new owner JD Classics, one of the country”s most prolific classic car firms which last week went into…
- In a World of Robots, Carmakers Are Hiring More Humans – Bloomberg: Car-industry employees concerned that robots will put them out of work … A trio of Chinese automakers, SAIC Motor Corp., Dongfeng Motor Group and …
- The Crossword Garage: 8 Car Makes and Models You Should Know – New York Times:
- Tesla reportedly faces criminal probe over Elon Musk’s st… – Yahoo: Tesla reportedly faces criminal probe over Elon Musk’s st… CNBC Videos September 18, 2018. CNBC’s Dominic Chu reports shares of Tesla falling on a Bloomberg story about the automaker potentially facing a criminal probe into CEO Elon Musk’s “take …
- Consumers will pay the price of a global trade war, Daimler executive says – CNBC: on Wednesday. “The steel and aluminium prices …
- Lexus ES revealed as driver-focused £35,150 GS replacement – Autocar: Seventh-generation ES is first to enter Europe, with design and handling tailored for that market Lexus will replace its low-selling GS with the new ES, which costs almost £1000 less than the previous entry-level GS at £35,150. The ES made its world…
- Porsche creates fast-charging ‘pit-stop’ parking bays – Yahoo: Porsche has developed a new electric vehicle rapid charging system that, it says, will help electric cars “gain acceptance”. The system, which is …
- Suzuki Jimny’s ‘underwhelming’ safety systems earn three stars in Euro NCAP tests – Autocar: The Japanese manufacturer’s new baby SUV achieved only three stars out of five in safety tests; Audi”s A6 and VW”s Touareg got a full five The new Suzuki Jimny has scored three stars out of five in the Euro NCAP 2018 crash test rating – the lowest…
- Latest US Tariffs Could Make Auto Parts Pricier – WSJ:
- TomTom CFO says Google deal with carmakers could hit orders -ANP – Reuters: Google’s deal with carmakers Renault, Nissan and Mitsubishi might limit future orders for digital mapping company TomTom, its chief financial officer told Dutch news agency ANP on Wednesday.
- Germany mulls fund to fend off Chinese tech takeov – Reuters: DE) by Chinese carmaker Geely [GEELY.UL]. Chinese companies completed 30 acquisitions in Germany last year, nearly double the number for 2016 …
- Toyota’s Vision of Autonomous Cars Is Not Exactly Driverless – Bloomberg: Inside squats a silver Lexus LS 600hL sedan. It’s not just any Lexus-this one is vital to Toyota’s effort to develop driverless vehicles. Leonard, vice president for automated driving research at the almost three-year-old Toyota Research Institute …
- Nissan reveals Navara Dark Sky Concept in Germany – Autocar: Brand teamed up with the European Space Agency to create the perfect car-trailer combo to view the night sky Nissan has revealed the Navara Dark Sky Concept – a highly modified version of its Navara pick-up designed to transport astronomers to remote…
- Nissan unveils mobile space lab – Navara Dark Sky Concept – Nissan-global: Embed this cinemagraph on your website HANNOVER, Germany – Nissan today unveiled the out-of-this-world Nissan Navara Dark Sky Concept at the 2018 Hannover Motor Show, proving that the sky is never the limit.Developed in the UK in collaboration with the…
- Peugeot coupe concept to be revealed tomorrow – Autocar: The 504-like car, which draws styling cues from the Instinct concept, has been two years in the making Peugeot will show a concept coupe tomorrow ahead of an official appearance at next month’s Paris motor show, and it has been previewed in a series…
- From Lucid to Tesla, Saudi Wealth Fund Goes on Spending Spree – Bloomberg: In recent months, the Public Investment Fund has agreed to invest more than $1 billion in electric car startup Lucid, built a roughly $2 billion stake in Elon Musk’s Tesla Inc. and is in talks to sell its stake in chemical producer Saudi Basic …
- No-Deal Brexit Could Cost $7 Billion in Car Tariffs, Lobby Says – Bloomberg: The Society of Motor Manufacturers and Traders said Wednesday the estimate is based on levies of 10 percent on cars exports and imports from an …
- How Renault competes with rivals in China – Yahoo: Francois Provost, chairman of Asia Pacific Region at Renault says the French company enjoys a first-mover advantage on electric cars.
- Rule out ‘no deal’ Brexit, UK car industry warns in Brussels – Reuters: London and Brussels should rule out a ‘no deal’ Brexit, which could add at least 5.7 billion euros (£5.06 billion) in car tariffs and snarl up production, Britain’s automotive industry body warned on Wednesday.
- No-deal Brexit to fuel £1500 rise in cost of EU car in UK, says motor trade – Guardian: Its latest intervention comes hard on the heels of a string of warnings by car makers operating in the UK, including BMW, Honda and Jaguar Land Rover. Honda said a no-deal Brexit would cost it tens of millions of pounds a year, while BMW revealed plans …
- Bosch’s car unit targets 4 percent revenue growth in 2018 – Reuters: Bosch’s [ROBG.UL] core auto parts unit aims to grow revenues by 4 percent this year, the world’s largest supplier to the car …
- Former GM exec Bob Lutz predicts conspiracy theorists will soon be asking ‘Who killed Tesla?’ (TSLA) – Yahoo: Bob Lutz, the former vice chairman of General Motors and prominent Tesla critic, would like you to know that he still believes Tesla’s days are numbered. Lutz said in an interview with CNBC on Tuesday that the totality of the electric-car maker’s …
- Aston Martin celebrates 100 years of Zagato with DBZ pair – Yahoo: Aston Martin’s partnership with Zagato borders on legendary. For nearly 60 years, the two have partnered for some genuinely spectacular automobiles. It seems odd that the classic British automaker and a coachbuilding company from Italy would have such …
- Tesla Partner Neoen to Seek $525 Million in Largest French IPO – Bloomberg: Neoen, the renewable energy project developer controlled by French billionaire Jacques Veyrat, plans to raise about 450 million euros ($525 million) in an initial public offering, which would be the largest in France this year. The company will use the …
- Morgan Stanley Sees $2.5 Billion Equity Raise for Troubled Tesla – Bloomberg: Musk has repeatedly said Tesla doesn’t need to raise capital as the electric-car maker’s finances improve. Musk said last month he expects the company to generate positive free cash flow in the second half of this year, and become sustainably …
- Thai cave rescuer sues Elon Musk over ‘pedo’ slur – Yahoo: A British cave diver, who helped rescue 12 boys and their coach from a Thailand cave, is suing Elon Musk for defamation. Vernon Unsworth, who lives …
- Thai cave rescuer sues Elon Musk for defamation – Reuters: That complaint brought by Vernon Unsworth, who helped rescue 12 Thai boys and their soccer coach from a flooded cave in July. Musk had also …
- Japan exports rise as US-bound shipments grow amid trade war fears – Reuters: U.S.-bound car exports fell for a third straight month, pulling back from last … Japan is hoping to avert steep tariffs on its car exports and fend off U.S. … through on proposals to hike tariffs on autos and auto parts to 25 percent. … Chinese…
- Hyundai invests in Swiss augmented-reality firm WayRay – Yonhap: SEOUL, Sept. 19 (Yonhap) — Hyundai Motor Co., South Korea’s largest carmaker by sales, said Wednesday it has invested in WayRay, a Swiss company that aims to enable holographic augmented reality (AR) displays in cars. In a strategic partnership, …
- Audi unveils the eTron with an eye on Tesla – Reuters: That could give Audi and other established brands an opening, says Reuters global automotive editor, Joe White.>> They’re starting conservatively, …
- Carmakers fret latest round of U.S.-China tariffs – Detroitnews: Automakers stand to be exposed to new tariffs on goods ranging from tires to transmission and brake parts in a burgeoning U.S.-China trade war.