- BMW names new head of autonomous driving development – Automotive News: Alejandro Vukotich will replace Elmar Frickenstein, who has been in charge of the department since it was created in May 2016 and who will retire after a three-month handover phase in March.
- Daimler to buy $23 billion of battery cells in EV push – Automotive News: “We set another important milestone for the electrification of our future electric vehicles,” Wilko Stark, who oversees procurement and supplier quality on the board of Mercedes-Benz Cars, said.
- New 992-series Porsche 911: mild hybrid and plug-in hybrid versions detailed – Autocar: Porsche will add both mild hybrid and plug-in hybrid variants of the new 911 during the sports car’s seven-year lifecycle Porsche has futureproofed its new eighth-generation 911 with a series of engineering measures that will allow it to support both…
- Nissan to correct earnings to account for Ghosn’s unreported income – Automotive News: Nissan will file corrected earnings for past years in which Carlos Ghosn, the company’s ousted chairman, allegedly under-reported his compensation by tens of millions of dollars.
- Why Hyundai’s top two randd execs are poised to resign – Automotive News: Hyundai Motor Group’s two vice chairmen in charge of randd have offered to resign, three people familiar with the matter told Reuters.
- Court rejects Nissan ex-chairman Ghosn’s appeal to end detention – Reuters: A Tokyo court on Tuesday rejected ousted Nissan Motor chairman Carlos Ghosn’s appeal to end his detention following his arrest last month on allegations of financial misconduct.
- Underused Michigan GM plants face risk of closing – Freep: Underused Michigan GM plants face risk of closing Detroit Free Press. Thousands of GM jobs are in jeopardy if two more Michigan plants and two other GM facilities do not get more product to build.
- Exclusive: Hyundai Motor’s two R&D vice chairmen offer to resign – Reuters: Hyundai Motor’s two vice chairmen in charge of research and development, Yang Woong-chul and Kwon Moon-sik, have offered to resign, three people familiar with the matter said on Tuesday.
- Two thirds of motorists ‘don’t want’ hybrids and electric cars – Yahoo: Price contributions for plug-in hybrids were effectively scrapped altogether, while those for electric vehicles were reduced by £1,000. However …
- Uber’s dominant size may rob smaller Lyft of its IPO oxygen – Reuters: Uber Technologies Inc [UBER.UL] and smaller rival Lyft are driving side-by-side on the road to a stock market debut, and that may not bode well for Lyft as investors decide where to place their bets in the ride-hailing sector.
- China car sales drop at steepest pace in almost seven years – Reuters: China’s automobile sales fell about 14 percent in November from a year earlier, the country’s top auto industry association said, marking the steepest such drop in nearly seven years in the world’s largest auto market.
- Hyundai Motor Group commits $7bn to fuel-cell technology – FT: Hyundai Motor Group will pour almost $7bn into developing hydrogen-powered systems for cars, drones and ships as it doubles down on an …
- Hyundai readies Palisade large SUV in another shot at U.S. market – Reuters: Hyundai Motor Co on Tuesday began South Korean sales of its Palisade large sport utility vehicle (SUV), a model it hopes will spearhead a sales recovery in the United States when launched in its major overseas market next year.
- VW Passat 2019 facelift to bring new tech and improved hybrid – Autocar: Volkswagen’s family saloon and estate have been caught winter testing ahead of the car’s mid-2019 unveiling Volkswagen is due to follow next year’s reveal of the Golf Mk8 with an updated Passat range, and new spyshots show the car being put through…
- Nikkei closes at lowest since March on global growth concerns – Reuters: * Automakers fall after U.S. peers make demands for a trade deal
- Musk Disputes Tweet That He Doesn’t Want to Be Tesla Chair Again – Bloomberg: Musk Disputes Tweet That He Doesn’t Want to Be Tesla Chair Again BloombergTesla Inc. Chief Executive Officer Elon Musk disputed a tweet by CBS Corp.’s “60 Minutes” that stated he didn’t want to be the carmaker’s chairman again.
- Nissan ex-chairman Ghosn files complaint for extended detention – Kyodo – Reuters: Carlos Ghosn, the former chairman of Nissan Motor, has filed a complaint with the Tokyo District Court to protest its decision to keep him detained until Dec. 20 after his arrest on suspicion of financial misconduct, Kyodo News reported.
- Buy them before we do: second-hand picks for 14 December – Autocar: The fifth-generation Volkswagen Golf GTI is still a suitably impressive hot hatchback, but what should you look for on a sub-£5000 example? Of the seven generations of Volkswagen Golf GTI, the Mk5 (2004-08) ranks among the best. No – make that the…
- Hyundai to Invest 7.6 tln Won in Hydrogen Cars by 2030 – Bloomberg: Hyundai to Invest 7.6 tln Won in Hydrogen Cars by 2030 The Korea BizwireHyundai Plans $6.7 Billion Investment to Boost Fuel-Cell Output BloombergS.Korea’s Hyundai Motor to expand hydrogen business beyond automobile – Xinhua | English.news.cn…
- Hyundai to boost fuel cell system output 13-fold by 2022 – Reuters: Hyundai to boost fuel cell system output 13-fold by 2022 ReutersSouth Korea’s Hyundai Mobis Co Ltd plans to increase production capacity of its fuel cell systems mainly used in hydrogen-powered cars by 13 times through …
- EU talks to set CO2 emission limits for cars founder – Reuters: The European Union failed on Tuesday to reach a compromise over how sharply to curb carbon dioxide emissions from cars and vans as car-producing countries and more environmentally conscious lawmakers could not find a compromise.
- Volvo’s New Pitch: ‘Don’t Buy This Car’ – Bloomberg: Auto ads are nothing if not predictable, trumpeting the design and comfort of the latest models and urging customers to rush to the showroom.
- Ford Ranger pickup rated at 23 mpg combined, best among gasoline-powered rivals – Automotive News: The Ford Ranger is returning next month as the most fuel-efficient gasoline-powered pickup on the U.S. market.
- Uber plans to integrate London bus, Tube timetables into its app: Financial Times – Reuters: Uber Technologies Inc is planning to integrate into its app the bus and Tube timetables of Transport for London, the government body in charge of the capital’s transport network, the Financial Times reported on Tuesday, citing people familiar with the…
- Careful steering takes General Motors, Takata through quagmire – FT: Careful steering takes General Motors, Takata through quagmire Financial TimesCraig Glidden knew exactly what he was getting into when he joined the carmaker General Motors as its general counsel in March 2015. A year before, the …
- Behind Uber and Lyft’s Big US IPOs Are Two Japanese Companies – Yahoo: As private companies, Uber Technologies Inc. and Lyft Inc. became markets unto themselves, where investors poured in capital and …
- VW says last generation of combustion engines to be launched in 2026 – CNBC: VW says last generation of combustion engines to be launched in 2026 CNBCWOLFSBURG, Germany Dec 4- Volkswagen’s strategy chief said on Tuesday the German carmaker’s core brand will develop its final generation of vehicles …
- Japan keeps distance from FX as US automakers target yen manipulation – Reuters: Auto quotas could open new rift between U.S.-Japan (Adds direct quote, … TOKYO, Dec 11 (Reuters) – Japanese Finance Minister Taro Aso said on …
- Nikkei touches 6-week low in choppy trade; automakers fall – Reuters: * Automakers fall after U.S. peers make demands for a trade deal
- Tesla now valued higher than Daimler – Autocar:
- Nissan set to begin Formula E campaign as first Japanese manufacturer – Nissan-global: Embed this cinemagraph on your website YOKOHAMA, Japan -The Nissan e.dams team is set to kick off its electric street racing challenge when the ABB FIA Formula E championship begins its fifth season of competition this week.Swiss former series’…
- Pininfarina names 1900bhp electric hypercar ‘Battista’ – Autocar: Pininfarina claims its ultra-exclusive electric hypercar will break 250mph, releases images ahead of Geneva 2019 reveal Automobili Pininfarina has released new images of its upcoming electric hypercar, now officially called Battista, and claimed that…
- Hartley back to Porsche in 2019 – Autocar: Porsche motorsport chief Fritz Enzinger confirmed that its first Formula E driver was “already decided” and would be “announced shortly” ahead of the …
- Decades of Growth at Risk as China Car Sales Keep Dropping – Bloomberg: Car sales in China plunged for a sixth consecutive month, intensifying … Demand is also sputtering in Europe and North America, leaving auto brands …