- Grab leverages Toyota’s telematics technology as competition heats up – Nikkei:
- Volkswagen to review investment plans to meet new EU CO2 targets: CEO – Reuters: Volkswagen to review investment plans to meet new EU CO2 targets: CEO ReutersVolkswagen will have to review its plans for a shift toward mass production of electric vehicles to meet new European Union CO2 targets in 2030, CEO Herbert …
- Germany: EU deal to cut cars’ carbon emissions is a good result – Reuters: German Environment Minister Svenja Schulze said on Tuesday that new goals agreed by the European Union to slash carbon emissions from cars by 37.5 percent in a decade would help protect the climate and future jobs.
- Morgan to reveal new sports car on fresh platform in 2019 – Autocar: Morgan’s new ‘Wide Body’ sports car is said to be the most dynamically capable car the British maker has ever built Morgan has confirmed it will be launching an all-new sports car next year to mark the firm’s 110-year anniversary. The new model, known…
- Higher sales of heavy trucks boost Navistar profit – Reuters: Truck maker Navistar International Corp on Tuesday reported better-than-expected quarterly profit and revenue, as strong freight demand helped boost sales of its high-margin Class 8 heavy trucks.
- Tesla Shares May Be at ‘Emerging Peak,’ Morgan Stanley Says – Bloomberg: Tesla Shares May Be at ‘Emerging Peak,” Morgan Stanley Says BloombergTesla Inc. could be at an “emerging peak” in both sentiment and share price, according to Morgan Stanley, which reiterated its equal-weight rating and $291 …
- Navistar quarterly profit rises 39 percent – Reuters: Truck maker Navistar International Corp on Tuesday reported a 39.3 percent rise in quarterly profit, driven by robust demand for its trucks.
- The Dark Realities Women Face Driving for Uber and Lyft – Bloomberg: Late one night in June, Jody Pagliocco was driving down a long, wooded road in southern Maine. She was working for Uber, and her passenger, …
- Ghosn’s U.S. Push Raised Tension With Nissan Executives – WSJ: Ghosn”s U.S. Push Raised Tension With Nissan Executives Wall Street JournalCarlos Ghosn’s drive to increase Nissan’s market share in the U.S. created tension with the company’s management, who felt his push came at the expense of …
- EU agrees on 37.5% car emissions reduction target – Autocar: European Union finalises tough CO2 targets for 2030 – which car industry has warned could affect jobs The European Union has agreed to cut carbon emissions from cars by 37.5% within a decade. The new targets are part of a wide EU push to reduce total…
- Audi’s self-driving unit partners with Luminar – Automotive News: Audi and Luminar said they will work together on developing lidar technology for autonomous vehicles.
- China green-lights tougher auto investment rules amid capacity crackdown – Reuters: * Tightens regulation on building new car plants (Adds background)
- Peugeot, Ferrari Defy Trade Concern to Top European Autos Index – Bloomberg: Ferrari is projected to maintain earnings growth potential through higher car shipments, an increase in average unit prices and higher margins, …
- Renault-Nissan leaders to meet amid alliance crisis – Reuters: Renault-Nissan leaders to meet amid alliance crisis Reuters UKThe head of Nissan and acting CEO of Renault will hold talks during a two day meeting of their carmaking partnership starting on Tuesday, sources said, amid a …
- Nissan CEO plans one-on-one meeting with Renault boss in Amsterdam – Reuters: Nissan Motor’s CEO plans to meet one-on-one with the deputy CEO of automaking partner Renault in Amsterdam this week, sources told Reuters, amid tensions over the future of the alliance after Chairman Carlos Ghosn’s arrest last month.
- AI Startup Graphcore Raises $200 Million From BMW, Microsoft – Bloomberg: A U.K. startup that designs semiconductors used for artificial intelligence applications has raised $200 million from investors including BMW AG and …
- Nissan CEO to Travel to Car Alliance Meeting Amid Tensions – Bloomberg: Hiroto Saikawa, the Nissan CEO who’s been thrust into global prominence since the arrest of Carlos Ghosn, is getting his first chance to explain the …
- Ola to invest $100 million in Indian scooter sharing startup Vogo – Reuters: Indian ride-hailing firm Ola will invest $100 million in Vogo, a domestic scooter sharing start-up, and add the company’s fleet of two-wheelers to the Ola app to broaden the range of vehicles it offers, the companies said in a joint statement on Tuesday.
- China to restrict auto industry investment: state planner – Reuters: China to restrict auto industry investment: state planner Reuters UKChina’s state planner said on Tuesday it had approved tougher new regulations on investment in the auto industry that spooked carmakers earlier this year, …
- China’s cash-starved companies offer their prized assets at garage sales to dress up their books … – Yahoo: Tianjin FAW, an automobile assembler that was at risk of being expelled from the Shenzhen exchange, had to ask its parent FAW Group for help for …
- Audi electric compact SUV to arrive in 2020 – Autocar: The small electric SUV is likely to get similar styling to the E-tron Sitting between the Q2 and Q3, the SUV will be revealed in concept form in early 2019 A concept version of Audi”s upcoming compact electric car will be revealed early next year,…
- A Toaster on Wheels to Deliver Groceries? Self-Driving Tech Tests Practical Uses – New York Times: If it all looked a bit ridiculous, that’s because self-driving is still a technology in … Autonomous passenger services, he added, are more like seven to 10 …
- Breakingviews – Didi seizes the wheel of a Chinese carmaker – Reuters: Didi seizes the wheel of a Chinese carmaker Reuters(Reuters Breakingviews) – China’s Didi Chuxing will seize the wheel of a carmaker in 2019. Similar to global peers, the $56 billion ride-hailing unicorn has tied …
- S.Korea to provide $3 bln in financial support for auto suppliers – Reuters: South Korea plans a policy package to support its troubled car parts makers industry that includes providing financial support worth over 3.5 trillion won ($3.10 billion), the government said on Tuesday.
- Elon Musk’s Boring Co. is unveiling its tunnel, and sleepy Hawthorne is ready – Latimes: Elon Musk’s Boring Co. is unveiling its tunnel, and sleepy Hawthorne is ready … The tunnel starts in a parking lot near SpaceX, and runs for about mile …
