- Aston Martin wants women in the boardroom – Yahoo: Aston Martin wants to diversify its board of directors ahead of its initial public offering in the coming weeks. So far nine men sit on the British luxury sports car maker’s board, but it’s keen to add women executives to its ranks. According to …
- Audi A5 Sportback: looks, performance and utility – Detroitnews: It’s a question I am asked all the time; what is the best car on the market? Of course, there is no straightforward answer. It all depends on what type of vehicle you need. But if pressed today, I would say that for me there is one design that stands …
- Car-Sharing Boom Gets Unlikely New Entrant in Oil Giant Repsol – Bloomberg: While carmakers including Kia, Renault SA and Daimler AG are flocking to the car-sharing business, it’s a much rarer event for an oil producer to get involved. Yet for Repsol, it fits with a strategy to expand into both electricity production and …
- China’s Tesla Wannabe Asking Investors to Pay for Potential – Yahoo: More from Bloomberg.com: Mercedes Unveils First Tesla Rival in $12 Billion Attack. In addition, there are several established electric-car makers in China with years of experience in manufacturing. Those companies — including BYD Co. and Beijing …
- Crowdsourced app Waze seeks stranglehold of sat-nav market – Autocar: The Google-owned app uses real-time data gathered from users to help refine traffic routes With 100 million monthly users already, including 2.1 million in the UK, the app’s makers feel they can become a market leader The maker of crowdsourced sat-nav…
- Egypt’s GB Auto Sees Sales Doubling as `Different World’ Sets in – Bloomberg: The Cairo-based company, which also has operations in Iraq, Jordan and Algeria, expects automobile sales to surge by 25 percent to 4,800 cars in September as it resumes distribution of China’s Geely vehicle this month, GB Auto’s chairman and chief …
- Elliott reviving push to overhaul Hyundai Motor – BBG – Reuters: Elliott Management Corp is resuming its push for restructuring at the Hyundai Motor Group after the activist fund forced the South Korean automotive company to scrap an $8.4 billion deal earlier this year, Bloomberg reported on Thursday.
- Elliott Reviving Push to Overhaul Hyundai Motor, Letter Shows – Bloomberg: News, billionaire Paul Singer’s fund called for the merger of some key units to bolster shareholder value and improve the group’s structure. One option is for car-parts maker Hyundai Mobis Co. to …
- Elliott reviving push to overhaul Hyundai Motor: Bloomberg – Reuters: 14 letter from Elliott to Hyundai. (bloom.bg/2CrvfAG). Elliott has invited Hyundai to discuss options including sale of car-parts maker Hyundai Mobis Co’s after-sale service business to affiliate Hyundai Motor Co, the report said. The hedge fund has …
- Elon Musk’s lofty Tesla goals made this supplier recoil at risk – Automotive News: Tesla wanted Nemak to supply aluminum housing components for its Model 3 electric sedans, but Tesla’s production goals and pricing created too much risk for the Mexican company.
- Ford is recalling 2 million trucks in North America to address fire concerns for seat belt parts – CNBC: Ford Motor on Thursday said it is recalling about 2 million 2015-18 Ford F-150 trucks in North America for a fire hazard.
- Ford recalls 2 million trucks to address seat-belt fire concerns – Reuters: Ford Motor Co said Thursday it would recall 2 million F-150 pickup trucks in North America to address fire and smoke concerns in seat-belt pretensioners.
- Ford recalls two million trucks to address seat-belt fire concerns – Reuters: Ford Motor Co said on Thursday it would recall 2 million F-150 pickup trucks in North America to address fire and smoke concerns in seat-belt pretensioners.
- Head of ANCAP disappointed by Porsche and Tesla – Autocar: James Goodwin, chief executive of ANCAP (Australasian New Car Assessment Program), recently slammed Porsche and Tesla for not offering vehicles and data to ANCAP for safety testing, calling the behaviour “disappointing.” Goodwin was focused on …
- Higher truck sales drive Navistar profit beat – Reuters: * Q3 truck business sales jump ~25 pct (Adds background, shares, forecast details)
- Hyundai Avante refresh shines for its practicality – Yonhap: By Choi Kyong-ae. NAMYANGJU, South Korea, Sept. 6 (Yonhap) — Hyundai Motor Co.’s significantly redesigned Avante compact on Thursday proved it is a really suitable entry-level vehicle for everyday city driving in terms of fuel efficiency and safety …
- Hyundai Santa Fe: Comforting in a monotonous world – Detroitnews: It seems unfair, but it’s true: weekends fly, and weekdays walk. For the most part, life is a day-to-day drill of monotony punctuated by a few moments of pleasure. This explains why comfort and convenience, not high horsepower thrills, is what most …
- India Proposes a Goal of 15% Electric Vehicles in Five Years – Bloomberg: While cumulative global sales of passenger electric vehicles likely surpassed 4 million last week, with China accounting for more than a third since 2011, India sold an estimated 2,000 EVs last year. EVs may account for about 7 percent of sales in …
- Job cuts loom over Ford’s mysterious ‘fitness’ plan – Freep: “The problems for Ford now aren”t financial, they”re strategic,” said Marick Masters, a business professor at Wayne State University.
- Navistar profit beats estimates on higher truck sales – Reuters: Truck and engine maker Navistar International Corp topped Wall Street’s quarterly profit estimates on Thursday, as hauliers replaced more trucks and strong freight demand boosted vehicle sales.
- New Lister LFP is 200mph Jaguar F-Pace SUV – Autocar: Lister’s heavily modified, £140k F-Pace is set to be the world’s fastest SUV, thanks to a 670bhp engine The Lister Motor Company has revealed its latest Jaguar-based model: the LFP. Set for release in the next few weeks, it claims to be the world’s…
- Opel joins Ford, FCA and others skipping Paris show – Automotive News: Opel/Vauxhall has joined the list of brands skipping the Paris auto show next month, citing a shift to put more emphasis on its own events. The news means that the German brand, owned by France’s PSA Group, will be absent from both major European …
- Pay-with-your-face systems and self-driving cars: Inside Baidu’s headquarters in Beijing – CNBC: This week, Baidu announced it will work with BYD – China’s leading electric car maker, which is backed by Warren Buffett – to reach mass production of autonomous cars within three years. Baidu has already produced more than 100 autonomous buses …
- RPT-UPDATE 2-German court says Frankfurt must ban older diesel cars – Reuters: Frankfurt, Germany’s financial centre, must ban highly-polluting, older diesel vehicles from the city centre from next February as part of a plan to improve air quality, the country’s administrative court ruled on Wednesday.
- S Korea plans tougher penalties for carmakers that hide defects – FT: The South Korean government plans to strengthen penalties on carmakers that cover up manufacturing defects and expand punitive damages for consumers affected by delayed recalls, amid growing criticism over BMW’s response to dozens of engine fires …
- Tesla shares bounce after Elon Musk retweets favorable sales report – CNBC: Tesla shares bounce after Elon Musk retweets favorable sales report. CEO Elon Musk says Tesla was “1st, 2nd & 3rd in August sales” among electric vehicle automakers. Musk cited a reported by InsideEVs, a monthly scorecard which says it tracks “all the …
- The 2018 E-Pace small SUV is Jaguar’s future, but old problems remain – Freep: (Automatic transmission, all-wheel drive models). Jaguar E-Pace P250 AWD: $38,600. Audi Q3 2.0T Premium Plus Quattro: $36,000. BMW X1 xDrive 28i: $35,900. Infiniti QX30 Premium AWD: $37,700. Land Rover Range Rover Evoque: $41,400. Mercedes …
- Toyota Is Betting Big on Hybrid Cars, Just Ask its Battery Maker – Bloomberg: “We are still playing catch up in those technologies,” Suzuki, who led next-generation battery development at Toyota until taking his current position in 2013, said at PEVE’s headquarters in Kosai, Japan, on Friday. “Toyota’s strength is hybrid, and …
- Toyota says in talks with Geely on cooperation in hybrid vehicle tech – Reuters: Toyota Motor Corp said on Thursday it is in talks with Chinese automaker Geely about cooperation in gasoline-electric hybrid vehicle technology, but nothing has been decided on the matter.
- Uber launches taxi-hailing app in Japan’s Nagoya – Reuters: Uber Technologies [UBER.UL] on Thursday said it would launch a taxi-hailing app for taxis operating in Nagoya, as the U.S. firm tries to expand its foothold in a country where it has been blocked from offering its own ridesharing service.
- Volvo unveils fully autonomous 360c concept – Yahoo: To further illustrate how Volvo is going all-in with the driverless theme with this one, the 360c is what’s described as a Level 5 autonomous vehicle. That means it is designed to require no human input whatsoever, and even abandons the traditional two …
- Volvo’s Autonomous Commuter Pod Concept Lets You Spend More Time Working – Yahoo: Perhaps more than any other automaker besides Tesla, Volvo has embraced the idea of autonomous cars. The latest manifestation of that enthusiasm is this 360c concept, an electric driverless pod designed to explore the possibilities of Level 5 autonomy …
- Walgreens to supply Kaleo’s allergy shots as EpiPen shortage drags – Reuters: U.S. drugstore chain Walgreens Boots Alliance Inc said on Thursday emergency allergy shots from Kaleo will be available in its stores, the latest effort to address shortages of the lifesaving treatment during the back-to-school season.
- Walmart Canada to buy 30 more Tesla semi-trucks – Reuters: Walmart Canada, the Canadian unit of Walmart Inc, said on Thursday it would buy 30 more Tesla semi-trucks, adding to the 10 it ordered in November, as part of a plan to have 100 percent of its fleet use alternative power by 2028.
- Walmart wants to buy more Tesla trucks – Automotive News: Walmart’s Canadian unit said it would buy 30 more of Tesla’s all-electric 18-wheeler semi-trucks as part of a plan to have 100 percent of its fleet use alternative power by 2028.
- Why Ford is recalling 2 million F-150 pickup trucks – Automotive News: Ford said it would recall 2 million F-150 pickups in North America to address fire and smoke concerns in seat-belt pretensioners.
- Why so many automakers are skipping Paris show – Automotive News: Automakers accounting for almost 40 percent of European sales will be missing from this year’s biannual event in Paris.
- World’s Biggest Auto Markets Are Flashing Yellow and Red – Bloomberg: …
