- Alabama jury awards $152 million in Ford Explorer rollover case – Automotive News: An Alabama jury awarded $151.8 million to a young man paralyzed in 2015 rollover accident involving a Ford Explorer SUV, Ford and lawyers in the case said.
- Trump adds to carmakers’ woes as global markets fizzle – Automotive News: The tariffs that President Donald Trump may impose on vehicles imported to the U.S. would be just the latest kick in the teeth for carmakers battling cooling markets across the planet.
- British Porsche Customers Could Pay an Extra $11000 after Brexit – Fortune: Porsche is warning its customers in the U.K. that the price of cars delivered after Brexit may increase by up to 10%. The additional cost would be …
- EU does not see US car imports as national security matter: Germany – Reuters: A spokesman for Germany’s government said it was the European Union’s view that the U.S.’s car imports were not a national …
- Tariff uncertainty could hurt auto industry more than plant closures in 2019 – Freep: At issue is the potential for broad U.S. import tariffs and trade restrictions that could … in the trade war include tariffs on steel and aluminum and Chinese imports, which … “Broad Section 232 tariffs on autos and auto parts still present the…
- Top Deutsche Bank Investor Sold Stock at Double Market Price – Bloomberg: Zhejiang Geely Holding Group Co.’s billionaire Chairman Li Shufu agreed to become the biggest shareholder in Daimler AG about a year ago through …
- Trump Says Japan’s Shinzo Abe Nominated Him for the Nobel Peace Prize. Abe Won’t Confirm It – Fortune: … trade talks with the U.S. after Trump threatened tariffs on its vital auto … on the security implications of auto imports, without making its findings public. … The two Koreas remain technically at war and between them station about 1 … Find…
- Trump Adds to Carmakers’ Woes as Markets Across Planet Fizzle – Bloomberg: That was hours before China reported yet another monthly slump in car … amid record spending to finance the shift to electric and self-driving cars.
- Trump Receives Car Import Threat Report – Bloomberg: European car makers are in focus today after the U.S. probe is reported to say that car imports pose a risk. This could ultimately lead to the U.S. ……
- Porsche warns UK buyers of 10% Brexit price rise – Yahoo: The price rise would mean an entry-level Porsche 911 priced at £93,110 … The German car firm’s owner Volkswagen (VOW. … its other luxury brands, such as Lamborghini, Bugatti, and Ducati will follow Porsche’s suit. … more affordable lines, such as…
- Hyundai PH Sales Slowdown in January 2019 – Yahoo: Hyundai Asia Resources, Inc. (HARI), the official distributor of Hyundai vehicles in the country sold a total of 2,758 vehicles for the first month of 2019.
- Who wants VW’s MEB architecture? – Automotive News: Volkswagen Group’s decision to license its MEB electric vehicle architecture could allow the German automaker to more cheaply make EVs, but many …
- China Wants to Build the First Power Station in Space – Bloomberg: … challenging companies such as Elon Musk’s Space Exploration Technologies Corp., Jeff Bezos’s Blue Origin and Richard Branson’s Virgin Galactic.
- New Ford Focus ST packs 276bhp for 2019 – Autocar: Most powerful Focus ST yet gets clever, driver-focused tech and a sportier edge The new Ford Focus ST will offer “the most responsive and agile Focus ST driving experience ever, on road and track”, according to the car maker, thanks to the model”s new…
- New Ford Focus ST packs 276bhp – Autocar: Latest Focus ST is said to be the “most Jekyll and Hyde yet” Most powerful Focus ST yet gets clever, driver-focused tech and a sportier edge The new Ford Focus ST will offer “the most responsive and agile Focus ST driving experience ever, on road and…
- German Carmakers at Most Risk From Trump Tariffs – Bloomberg: European carmakers’ share rally this year might hit a roadblock as a U.S. probe of auto imports raises the potential of new tariffs, with underperforming …
- ECB Sees Dark Days, Trump Car-Tariff Probe, Doves Ready: Eco Day – Bloomberg: ECB Sees Dark Days, Trump Car-Tariff Probe, Doves Ready: Eco Day … whether imported vehicles pose a national security threat, which could lead …
- China’s car sales tumble, road ahead bumpy – Reuters: China’s automobile sales fell for a seventh straight month in January, the country’s top auto industry association said on …
- Car parts group Faurecia hopes to outperform uncertain market in 2019 – Reuters: French car parts company Faurecia (EPED.PA) said on Monday that it hoped to outperform the market in 2019, even though it …
- The 10 least popular cars in America – Detroitnews: For every fast-selling F-150, Camry or CR-V, there”s a bomb like the Fiat 124 Spider
- New 2020 Acadia is first GMC crossover to join AT4 lineup – Detroitnews: GMC’s redesigned 2020 Acadia crossover gets a bolder look, and it becomes the first GMC ute to join the off-road AT4 lineup
- Growing backlash against stair-steps – Automotive News: Some dealers say they’ll no longer chase automakers’ targets in a shrinking market. And one is working to help dealers fight back against the reviled incentives.
- GMC Acadia gets styling, powertrain updates – Automotive News: The freshening for the 2020 model year is part of the plan to get the Acadia “back on track” after a 20 percent sales decline in 2018.
- Mediation ordered for Ford Credit, Texas group – Automotive News: Citing consumers affected by the Texas dealership group as a concern, Judge Robert Jones has ordered Ford Credit into mediation with Reagor Dykes.
- Nissan: Be patient on U.S. sales changes – Automotive News: Nissan’s CEO is urging patience with his fitful fight to break the brand’s addiction to incentives but warns that sliding sales are the inevitable short-term cost.
- Can car companies ever win on Wall Street? – Automotive News: Ford, GM and even Tesla are having little success inspiring confidence among an investment community that’s only growing more skeptical as a market downturn looms.
- China’s car sales in January fell 16 percent, marking seven months of decline – CNBC: China’s Association of Automobile Manufacturers (CAAM) said in an emailed statement to Reuters that sales dropped to 2.37 million vehicles last …
- Oil prices near 2019 highs on supply cuts, trade talk optimism – Reuters: Oil prices on Monday hit their highest levels since … So-called new energy vehicle sales in January, which include electric …
- Brent crude oil slips away from 2019 high after China reports car sales drop – Reuters: Oil prices fell on Monday after climbing to their highest this year earlier in the session as China reported automobile sales in January fell for a seven month, raising concerns about fuel demand in the world’s second-largest oil user.
- Trump Receives Report on US Security Threat of Auto Imports – Bloomberg: An auto trade war would deal a blow to carmakers from General Motors Co. to Toyota Motor Corp., which have built their supply chains to take …
- Carmakers to Face More Pain as Sales in China Continue to Slide – Bloomberg: Car sales in China continued to decline in January after their first full-year slump in more than two decades, adding to pressure on automakers who bet heavily …
- China’s Jan car sales fall 15.8 pct y/y, seven month of decline – Reuters: China’s automobile sales in January fell 15.8 percent from a year earlier, the country’s top auto industry association said on Monday, marking the seventh …
- U.S. agency submits auto tariff probe report to White House – Reuters: The U.S. Commerce Department sent a report on Sunday to U.S. President Donald Trump that could unleash steep tariffs on imported cars and auto parts, provoking a sharp backlash from the industry even before it is unveiled, the agency confirmed.
- Tesla big battery is holding its own in a burgeoning energy storage market – Guardian: The Tesla big battery at Hornsdale in South Australia continues to make its mark on the Australian energy … Tesla founder and CEO Elon Musk recently confirmed that the $95m facility was likely to pay itself back within a few years.
- Denny Hamlin cruises to 2nd Daytona 500 victory, honors late car owner J.D. Gibbs – CBS News: Hamlin won NASCAR’s biggest race for the second time in four years Sunday, leading Joe Gibbs Racing in a 1-2-3 sweep of the podium in overtime.
- Honda boosts active safety on CR-V – Autocar: Honda New Zealand has announced it will include its ‘Sensing’ active safety technology on both CR-V all-wheel drive grades for 2019. The CR-V …
- Rally Sweden: Day 4 Tanak and the Toyota Yaris WRC triumph in Sweden – Toyota: TOYOTA GAZOO Racing World Rally Team is celebrating its first win of the 2019 FIA World Rally Championship season after Ott Tanak clinched a dominant victory on round two, Rally Sweden. It is the second win in three years for the Toyota Yaris WRC on…