- Breakingviews – KKR throws autos shareholders into a spin – Reuters: A slowdown in China and worries that new fuel-economy standards will hurt demand in Europe have led to a number of profit warnings in recent months from suppliers like Continental and Michelin, paints specialist PPG Industries, and carmakers Daimler …
- BASF and Nornickel join forces in European EV battery push – Reuters: Germany’s BASF and Russian miner Norilsk Nickel (Nornickel) have struck a nickel and cobalt supply deal to meet growing demand for electric vehicle (EV) batteries.
- 2019 Volkswagen T-Cross details teased ahead of official reveal – Autocar: Volkswagen has begun to tease the final design of its upcoming T-Cross compact SUV, ahead of an official unveiling later this month. The company showed off a close-up of the supermini-SUV’s headlights and daytime running lamps on Twitter, while also …
- How government policies and taxpayer money have helped Elon Musk and Tesla – CNBC: From subsidies at the national and state level, to federal tax credits for consumers buying electric cars and solar panels, to fuel efficiency standards that help bring millions in revenue for Tesla and vital government contracts for SpaceX …..
- (3rd LD) GM Korea says separate R&D not aimed at laying foundation for exit – Yonhap: In a parliamentary audit, Vice President Choi Jong said the carmaker’s plan to spin off its research and engineering divisions in December should not be seen as U.S. parent General Motors Co.’s efforts to scale down operations in the long term. He said …
- Rapid-transit test tunnel under LA will open to the public on December 10, Elon Musk says – CNBC: Elon Musk tweeted that his Boring Company will unveil a stretch of a rapid-transit tunnel under Los Angeles to the public on Dec. 10.
- How Ford and the UAW cut a deal to bring Ranger back to the US – Freep: A secret meeting in 2015 between Ford Motor Co. and the UAW led to job security and a sigh of relief among factory workers three years later as they begin manufacturing the Ford Ranger midsize pickup truck at the Michigan Assembly Plant in Wayne.
- No head start for Tesla in the electric semi race – Reuters: Tesla was first to unveil its electric semi last year- with CEO Elon Musk driving it on stage for a flashy show. And while the Model 3 maker had a head …
- (2nd LD) GM Korea says separate R&D not aimed at laying foundation for exit – Yonhap: In a parliamentary audit, Vice President Choi Jong said the carmaker’s plan to spin off its research and engineering divisions in December should not be seen as U.S. parent General Motors Co.’s efforts to scale down operations in the long term. He said …
- Fiat Chrysler Shares Are Soaring After It Announced the $7 Billion Sale of Its High-Tech Car-Parts Unit – Fortune: Fiat Chrysler Automobiles NV agreed to sell its high-tech car-parts unit, Magneti Marelli, to KKR & Co.’s Calsonic Kansei in a 6.2 billion-euro ($7.1 billion) transaction, marking the first major deal for the Italian-American carmaker under new Chief …
- JLR Solihull plant begins two week shutdown as sales decline – Autocar: China trade tensions and import duty changes blamed for decline in overseas demand Jaguar Land Rover’s Solihull factory has begun a planned two week shutdown, following a significant decline in global sales in September. The company had already begun…
- BASF selects Finland for electric vehicle battery materials site – Reuters: Germany’s BASF has selected Finland as the first location for a plant to produce battery materials for Europe’s …
- Calsonic $7.1bn deal to buy of Magneti a move into autonomous era – Nikkei: TOKYO — Japanese auto parts maker, Calsonic Kansei, announced on Monday plans to buy Italy’s Magneti Marelli from Fiat Chrysler Automobiles for 6.2 billion euros ($7.14 billion), as it aims to develop electronic parts for next-generation cars …
- ‘Too Far Away to Grab Onto the Pole, She Caught My Eye With a Panicked Look’ – New York Times: Dear Diary: I got on a No. 4 train at 86th Street at rush hour. It was crowded, but there was enough room to stand comfortably. By the time we got to 59th Street, hands were covering the car’s center pole from top to bottom. It was a rough ride. The …
- 2019 Jaguar XE: hybrid model caught testing on UK roads – Autocar: Caught by an eagle-eyed spy photographer outside Jaguar Land Rover’s engineering centre, this XE is no different visually from the prototypes spotted hot weather testing in Nevada earlier this year. However, a check of the number plate reveals that …
- Factbox: Manufacturers’ plans for electric big rig trucks – Reuters: Since Tesla Inc announced late last year that it planned to come to market by 2019 with an all-electric Class 8 big rig truck called the Semi, other companies have unveiled their own plans to do the same. Here is a list of the planned vehicles:
- Truck makers rev up for rollout of electric big rigs – Reuters: The first of Toyota’s working hydrogen fuel-cell trucks was designed with a 200-mile (322 km) range for daily operations and has already logged more than 10,000 miles running short routes around the ports. The newer second iteration has a 300-mile …
- Hydrogen bus launched on regular route in Ulsan – Yonhap: ULSAN, Oct. 22 (Yonhap) — Hyundai Motors Co., South Korea’s biggest automaker, launched a hydrogen bus on a regular route in Ulsan for the first time in the nation after a one-year trial period, the industry ministry said Monday. The hydrogen fuel …
- (LEAD) KDB not ‘unconditionally’ opposed to GM Korea’s spin-off plan – Yonhap: … not “unconditionally” opposed to a controversial plan by General Motors Co. … GM Korea’s shareholders approved the spin-off plan Friday, sparking …
- Fiat Chrysler agrees to sell Magneti Marelli to Calsonic Kansei: sources – Reuters: MILAN/LONDON (Reuters) – Fiat Chrysler (FCA) has agreed to sell its Magneti Marelli unit to KKR’s Calsonic Kansei, two sources familiar with the matter said on Sunday, adding the deal would be announced on Monday. A screen displays the ticker …
- Toyota boss Akio Toyoda: no-deal Brexit must be avoided – Autocar: In his role as chairman of Japan’s motor industry association, Akio Toyoda has called for a UK-EU Brexit deal Toyota chairman leads Japanese car industry call for frictionless UK-EU borders Toyota boss Akio Toyoda has warned of the potential impact…
- Addison Lee aims to deploy self-driving cars in London by 2021 – Guardian: Self-driving car services could be on the streets of London within three years under a partnership between the private hire firm Addison Lee and the British driverless car pioneers Oxbotica. The companies have signed a deal to develop and deploy …
- Jamie Butters joins Automotive News in new role of content officer – Automotive News: Jamie Butters has joined Automotive News in the new role of chief content officer. The move positions Butters to succeed Richard Johnson when he retires as editor of the weekly print edition on March 1, 2019.
- Honda tests V2X technology at intersection in Marysville, Ohio – Automotive News: Last November, the city of Marysville, Ohio, mounted four cameras above the traffic lights at an nondescript intersection as part of a pilot project with Honda. Residents thought it was a way to trap them with speeding tickets.
- Why automakers let some outdated vehicles hang around – Automotive News: Automakers are usually all about what’s new — new product, new technology, new brand image. But they’re also pragmatic businesses willing to milk profits out of vehicles overdue for a refresh.
- New car buyers feel the pinch as interest rates rise and incentives dip – Automotive News: Customers coming back to the new-vehicle market are finding heftier price tags and dwindling financing options.
- Enterprise, Avis invest to stake claim in mobility future – Automotive News: Rental car companies are partnering with some mobility players, acquiring others and leveraging their scale and expertise to play a key role in the future of transportation.
- Can suppliers handle autonomous-era exposure? – Automotive News: This year’s fatal crash in Arizona involving a pedestrian and a self-driving Uber was believed to have been the first but certainly won’t be the last death attributed to an autonomous car, and the implications for parts makers have yet to be determined.
- Hackett’s vision for Ford is still a blur – Automotive News: Ford Motor Co. CEO Jim Hackett no longer qualifies as new on the job. By Halloween, Hackett will have passed the halfway point of Mark Fields’ 34.5-month tenure – today is Hackett’s 17-month anniversary – and yet we still know so little about where …
- Heavy trucks do heavy lifting for 3D printing – Automotive News: Daimler Trucks North America uses 3D printers to produce interior trim pieces, dashboard covers and other plastic parts that customers can’t find anywhere else. “We’re only doing non-safety-relevant parts, never something that could cause a truck to …
- Dissecting a Tesla – Automotive News: One of Tesla’s “barnacles” made news this week after he picked apart a Model 3 and went over his findings with a Bloomberg reporter. Sandy Munro, the founder of Munro & Associates, a small consulting company that disassembles new cars piece by piece, …
- Rivian ready to reveal first products in LA – Automotive News: The latest electric vehicle startup doesn’t come from a tech titan, and it isn’t funded by the checkbook of a Chinese billionaire.
- ‘Ford Proud’ campaign shows company’s swagger – Automotive News: LAS VEGAS – Ford Motor Co. is transforming its business for the future, but it wants consumers to know that it’s still very good at building the cars and trucks on sale today. The automaker over the weekend planned to debut a new marketing campaign …
- Dealers in Florida and Georgia rebuild after Hurricane Michael – Automotive News: Photos shown of the damage include insulation, piping and pieces of roofing material all over the inside of the Mazda dealership. Mazdas in the showroom can be seen covered with debris. Windows appear to have been blown out and blue sky was visible …
- Uber to appeal Singapore’s competition watchdog decision on Grab deal – Reuters: Uber Technologies Inc has decided to appeal a decision by the Singapore competition regulator that its merger with regional rival Grab violated the city-state’s competition laws, the firm said on Monday.
- From Model T to driverless: Ford to launch fleet of robot cars in Washington – Washington Post: The black Ford Fusion hybrid with a tiara of laser sensors looped twice through a four-mile stretch of a changing Washington, passing a trendy food hall and a sagging strip mall as it vacuumed up data to build a citywide network of self-driving cars …
- KDB not ‘unconditionally’ opposed to GM Korea’s spin-off plan – Yonhap: KDB not ‘unconditionally’ opposed to GM Korea’s spin-off plan … he is not “unconditionally” opposed to a controversial plan by General Motors Co.
- ‘Ultra rapid’ electric car charging network coming to Australia – Guardian: Drivers travelling between Australia’s major cities could soon charge their electric vehicles in just 15 minutes with a super-fast network being rolled out …
- Elon Musk says first tunnel for proposed underground transportation network will open in December – Latimes: Elon Musk announced Sunday that the first tunnel of a proposed underground transportation network across Los Angeles County would open Dec. 10.
- Uber Ambitiously Eyes 2021 for Food-Delivery Drones Launch – WSJ: Uber Technologies envisions taking to the skies with a fleet of food-delivery drones in as little as three years, an ambitious timeline for a ride-hailing company that would face technical challenges and regulatory hurdles.
- This Firm Promises Electric Car Charging in Just 15 Minutes – Bloomberg: It will take just 15 minutes for Australians to fire up their electric cars for long-distance road trips at a proposed national network of charging stations.
- What’s Next for Saudi Arabia’s Sovereign Wealth Fund – Bloomberg: It’s heavily involved in transportation technology, with a 5 percent stake in electric car-maker Tesla Inc., valued at around $2 billion; $1 billion in Tesla’s …
- Elon musk says first tunnel is almost done, opens December 10: tweet – Reuters: A company owned by Elon Musk that is trying to lower the cost of building high-speed transit tunnels is nearing completion on the first tunnel, Musk said on Twitter on Sunday.
- London Taxi Firm Addison Lee Promises Self-Driving Cars by 2021 – Bloomberg: A fleet of autonomous taxis could roll onto the streets of the U.K. capital within three years, after one of London’s biggest private-hire taxi companies …
