- Toyota pushes hybrids despite slowing gas-electric auto sales – CNBC: Toyota’s emphasis of hybrids comes at a time when U.S. demand for the traditional gas-electric vehicle is dropping. LMC Automotive estimates full hybrid sales in the U.S. fell 6 percent last year, while Toyota’s hybrid sales dropped 5 percent.
- London taxi-maker delays arrival of first van – Reuters: The London Electric Vehicle Company, which makes the city’s famous black taxis, is delaying the arrival of its first van as it now plans to work more closely with Chinese parent company Geely , its boss said.
- Cruise exec leery of spinoff from GM – Automotive News: A top executive at General Motors’ Cruise is cautious about an idea Wall Street keeps raising: The automaker’s self-driving unit ought to spin off from the core car business and cash in on its potential.
- Why JLR is losing money and how it plans to return to profit – Automotive News: Tata Motors has publicly backed its Jaguar Land Rover unit amid speculation about the future of its troubled UK subsidiary. But JLR is losing money and it faces many problems, including the costs associated with the industry shift to EVs and…
- Saudi business partner, in Ghosn’s defense, details work for Nissan – Automotive News: Nissan’s Saudi business partner Khaled Juffali said his company received $14.7 million for helping the automaker resolve a dealership dispute and to pave the way for a joint venture.
- Inside the race for next-generation EV battery supremacy – Automotive News: Scientists are struggling to crack the code of how to significantly boost the amount of energy a battery cell can store and bring an EV’s driving range into line with a full tank of gasoline. That quest has zeroed in on solid-state technology.
- Ex-Nissan boss Ghosn: misconduct charges are ‘meritless’ – Autocar: Carlos Ghosn strongly denies financial misconduct charges on first court appearance since arrest last November Former Nissan chairman Carlos Ghosn has said he has been “wrongly accused” of serious financial misconduct, following his first court…
- Abu Dhabi’s green energy firm launches region’s first all-electric bus – Reuters: Abu Dhabi Future Energy Company (Masdar) has launched the region’s first fully electric passenger bus as the capital of the United Arab Emirates pursues clean and energy efficient transport.
- Which Electric Car Is Right for You? – Bloomberg: Which Electric Car Is Right for You? BloombergDepending on your needs, there’s a perfect electric or hybrid option for you out there. We’re here to help.
- Oracle’s Ellison Reveals $1 Billion Stake in Tesla – Bloomberg: Oracle’s Ellison Reveals $1 Billion Stake in Tesla BloombergLarry Ellison has disclosed a $1 billion stake in Tesla Inc. The 10-figure holding was revealed in a filing with the U.S. Securities & Exchange Commission.
- BRIEF-Ningbo Xusheng Auto Technology To Invest 100 Mln Yuan To Set Up Auto Parts Unit In … – Yahoo: Ningbo Xusheng Auto Technology Co Ltd : * SAYS IT PLANS TO INVEST 100 MILLION YUAN ($14.59 million) TO SET UP AUTO …
- China gives long-awaited GM crop approvals amid U.S. trade talks – Reuters: * Two of the products had been waiting for approvals for 6 years
- ‘Your Honor, I Am Innocent:’ Carlos Ghosn Defends Himself in First Court Appearance Since Arrest – Fortune: ‘Your Honor, I Am Innocent:’ Carlos Ghosn Defends Himself in First Court Appearance Since Arrest FortuneCarlos Ghosn rejected prosecutor claims of financial wrongdoing in the car titan’s first public comments since his shock arrest in Japan almost two…
- Ghosn’s Exit From Nissan Was Ugly But Overdue – Washington Post: Where did Nissan Motor Co. end and the world of Carlos Ghosn begin? It’s unclear after his decades-long reign. “I have dedicated two decades of my …
- Ghosn’s lawyer: Nissan agreed on transfer of currency contracts – Reuters: Ghosn’s lawyer: Nissan agreed on transfer of currency contracts ReutersNissan Motor Co had agreed with former chairman Carlos Ghosn to take on his personal foreign exchange contracts, his lawyer said, disputing allegations of …
- India December retail passenger vehicle sales down 3 percent on year – dealer body – Reuters: India’s retail passenger vehicles sales for December fell 3 percent from a year ago, while two-wheeler sales rose 11 percent, according to data from the country’s car dealers association.
- Geely shares sink most in three years on weak 2019 forecast – Nikkei: Geely shares sink most in three years on weak 2019 forecast Nikkei Asian ReviewHONG KONG (Nikkei Markets) — Shares of Geely Automobile Holdings on Tuesday suffered their steepest fall in more than three years after the Chinese a.
- Apple and Tesla shares on the blockchain could be the next big thing in crypto – CNBC: digital versions of financial securities like stocks and bonds – are becoming a new buzzword in crypto.
- EV startup Byton aims to raise $500 mln to fund growth – Reuters: Chinese-funded electric vehicle manufacturer Byton is seeking to raise at least $500 million to finance growth, valuing the nearly three-year-old company at more than $4 billion, two people familiar with the matter told Reuters.
- More US regions see job openings outnumbering jobless – Reuters: Job openings are … Last year auto parts supplier Lear Corp held a job fair in Flint, Michigan, to recruit …
- Toyota seeks to establish self-driving technology standard – Nikkei:
- Hyundai Unveils a Car That Can Walk – Bloomberg: Move over, Spiderman. @Hyundai just unveiled its own superhero for the auto industry with its 4-legged Elevate #CES2019 #HyundaiElevate …
- Ex-Nissan COO and close Ghosn aide Shiga to retire in June – Nikkei:
- French car parts manufacturer Valeo plans more cuts – FT: French car parts manufacturer Valeo plans more cuts Financial TimesGroup hit by slowing consumption in China and emission regulations in Europe.
- China — the core problem – Nikkei: Car giants General Motors, Jaguar Land Rover and Volkswagen have all enjoyed recent bumper rides in China, and all are now suffering. The same …
- Liang withdraws nomination for Fed board seat – Reuters: Former Federal Reserve economist Nellie Liang said on Monday she had withdrawn her nomination for a seat on the Fed’s Board of Governors, citing concern over a lengthy Senate confirmation process.
- Carlos Ghosn’s full statement – Nikkei:
- Fast-growing Byton ready to mass-produce premium EV in China – Nikkei:
- HIGHLIGHTS-Points from ousted Nissan Chairman Ghosn’s court appearance – Reuters: Nissan Motor Co Ltd’s ousted Chairman Carlos Ghosn declared he was innocent in his first public appearance since his …
- Nissan’s Ghosn claims innocence in first appearance since November arrest – Reuters: Nissan Motor Co Ltd’s ousted Chairman Carlos Ghosn declared he was innocent on Tuesday in his first public appearance since his arrest in November, telling a Tokyo court that he was wrongly accused of financial misconduct.
- AutoNation’s four top execs leave amid restructuring, bleak outlook – Reuters: AutoNation Inc said on Monday four senior executives including chief operating officer are leaving the company as it restructures to cut costs and expects automotive retail to be challenging this year.
- ‘I always acted with integrity’, Carlos Ghosn tells court in first public appearance – Guardian: which has yet to appoint a … with Agence France-Presse on the eve of the hearing, Nissan’s chief executive, …
- Statement by ex-Nissan chairman Carlos Ghosn in Tokyo court – Reuters: The following are prepared remarks by Carlos Ghosn, ex-chairman of Nissan Motor Co , for his court appearance in Tokyo on Tuesday regarding allegations against him of aggravated breach of trust. The statement was released by Ghosn’s lawyers in the…
- Toyota Plans to Share Life-Saving Driving Technology With Rivals – Bloomberg: Toyota Plans to Share Life-Saving Driving Technology With Rivals BloombergToyota Motor Corp. — in an unusual move for the cut-throat car business — has decided to share with rivals an automated safety system that uses self-driving …
- Infiniti sales, marketing chief Christian Meunier succeeds Krueger as president – Automotive News: The former head of Nissan sales in the United States, Christian Meunier, has been named global president of the automaker’s Infiniti arm in the latest management shakeup following the arrest of former Chairman Carlos Ghosn.
- Suarez to drive 41 car for SHR this Cup season – Reuters: 41 Haas Automation/ARRIS Ford Mustang after spending the first two years of his Cup career at Joe Gibbs Racing. He also won the NASCAR Xfinity …
- Fed Nominee Nellie Liang Withdraws From Consideration – New York Times: Fed Nominee Nellie Liang Withdraws From Consideration The New York TimesWASHINGTON – The White House said Monday that Nellie Liang, an economist and financial regulation expert nominated by President Trump for a seat on the …
- Ghosn: ‘I have been wrongly accused’ – Automotive News: A handcuffed Carlos Ghosn made his first public appearance since being arrested almost two months ago, telling a Tokyo court he was “wrongly accused and unfairly detained” as he mounted a point-by-point defense against the accusations facing him. Ghosn…
- Gaunt, graying Ghosn protests his innocence in court – Automotive News: A gaunt and graying Carlos Ghosn, appearing for the first time in public after nearly two months in a Japanese jail, told a Tokyo court that he was “wrongly accused and unfairly detained.” Ghosn mounted a point-by-point defense against the accusations…
- Ghosn declares innocence in first appearance since Nov. arrest – Automotive News: Nissan’s ousted Chairman Carlos Ghosn defended himself against allegations of financial misconduct in a Tokyo court on Tuesday, declaring his innocence in his first public appearance since his arrest in November.
- Ford’s 2020 Escape caught testing near Detroit – Automotive News: The crossover, which trails only Ford’s venerable F-series pickup in U.S. sales, has been redesigned for the 2020 model year with more refined styling to help set it apart from the rugged off-road Bronco and a smaller off-road crossover – dubbed the…
- Carlos Ghosn Emerges to Say He Was ‘Wrongly Accused and Unfairly Detained’ – New York Times: In his first public appearance since his arrest nearly two months ago, Carlos Ghosn pushed back on Tuesday against the accusations that …
- Carlos Ghosn denies all charges in Nissan case – FT: Carlos Ghosn has used his first public appearance since his November arrest to express his “genuine love and appreciation” for Nissan and to …
- Ghosn Says He’s Innocent in First Appearance Since Arrest – Bloomberg: Ghosn Says He’s Innocent in First Appearance Since Arrest BloombergCarlos Ghosn rejected prosecutor claims of financial wrongdoing in the car titan’s first public comments since his shock arrest in Japan almost two months ago.
- Nissan Saudi Partner Details Lobbying Work in Ghosn’s Defense – Bloomberg: s Saudi Arabian business partner said his company helped the automaker … In a legal drama that has transfixed the global auto industry, Ghosn has …
- Toyota’s safety technology guardian to be available in the 2020s – Reuters: Toyota Motor Corp’s automated safety technology “Guardian” will be available “in the 2020s,” Gill Pratt, chief executive officer of the Toyota Research Institute, said on Monday in Las Vegas.
- Mini plots maiden hot hatch EV for 2019 reveal – Autocar: Performance-focused Cooper S E will be first for the brand and the first all-electric hot hatchback on sale Mini”s first electric car will also be the industry”s first electric hot hatch, engineering sources in Germany have revealed. Rather than a…
- James Ruppert: calling an end to acrimony-inducing acronyms – Autocar: A £600 Volkswagen Lupo isn’t going to depreciate Prospective car buyers are up against MSRP, GFV, PCP and APR, but Bangernomics wonders if it might all be a little bit, well… TMI Well, at least it made me snigger. We get avalanches of press releases…