- Lucid Motors in talks with automakers to share EV tech – Automotive News: The company plans to go public in a few years, a senior executive said.
- Renault-Nissan alliance, Google to partner on self-driving cars – Nikkei – Reuters: The Renault-Nissan-Mitsubishi alliance will tie up with Alphabet Inc’s Google to develop autonomous taxis and other services using …
- Nissan shareholders to meet in April to replace Ghosn on board – Automotive News: Nissan will hold an extraordinary shareholders meeting to formally discharge its former chairman, Carlos Ghosn, and name Renault Chairman Jean-Dominique Senard as a director.
- Germany ready to buy company stakes to safeguard under-threat industry – Reuters: * Identifies Siemens, Thyssenkrupp, Deutsche, carmakers as key
- Ford Updates Cash-Cow ‘Super Duty’ Truck as Rivals Raise the Bar – Bloomberg: The automaker, which dominates the growing U.S. commercial-vehicle market, also is adding advanced safety features, such as automatic emergency …
- Volkswagen courting Swedish investors to anchor Traton truck IPO – Reuters: Volkswagen is in talks with Swedish institutional investors AMF, AP Fund 1 and 4, Investor AB and Folksam about being cornerstone shareholders in the dual listing of its trucks unit Traton in Stockholm and Frankfurt, people familiar with the talks said.
- Ford cranks up massive V8, towing capacity for 2020 Super Duty pickups – Freep: Most powerful F-series yet arrives to challenge the Chevrolet Silverado, GMC Sierra and Ram HD pickups as the pickup wars gather force.
- China’s CATL, Honda plan to co-operate on EV battery development – Reuters: IndiaContemporary Amperex Technology Ltd and Honda Motor have signed an agreement to co-operate on jointly developing lithium ion batteries for electric …
- Nissan to hold extraordinary shareholders meet on April 8 to approve new director – Reuters: Nissan Motor said on Tuesday it will hold an extraordinary shareholders meeting on April 8 to formally discharge its ex-chairman Carlos Ghosn following his arrest on financial misconduct charges.
- Latest Toll of Ghosn Probe: Trust Between Nissan and Renault – WSJ: Latest Toll of Ghosn Probe: Trust Between Nissan and Renault The Wall Street JournalTensions stemming from the investigation into auto-industry titan Carlos Ghosn are hampering efforts at Renault SA and Nissan Motor Co. to shore up their …
- German sales fall 1% in January even as diesel market recovers – Automotive News: Tesla, Volvo and Ford were the big winners while Porsche, Nissan, Honda and Alfa Romeo were the biggest losers. Porsche’s registrations plunged …
- Nissan-Renault venture paid $686,000 to France’s former Justice Minister – Nikkei:
- Mazda to reveal new SUV at Geneva show – Autocar: New Mazda SUV New machine, set to rival the Nissan Qashqai, will share design traits and powertrains with recently launched Mazda 3 Mazda will launch a new SUV, likely to slot in above the CX-3 in its range, at this year”s Geneva Motor Show. The…
- Volvo excels, Audi and Porsche flop in January registrations – Autocar: “Encouraging” January UK sales data from SMMT marked by dramatic contrasts between some premium brands A number of premium car makers saw big drops in new car registrations in January, according to data from the Society of Motor Manufacturers and…
- Nissan sets extraordinary shareholders meeting – Nissan-global: Nissan Motor Co., Ltd. today held an extraordinary meeting of its board of directors, at which it decided to hold an extraordinary meeting of shareholders in April limited to the following aims: 1) Discharge of directors Carlos Ghosn and Greg Kelly; 2)…
- UK new car sales fall 1.6 percent in January – Reuters: British new car registrations dropped 1.6 percent last month as a double-digit drop in demand for diesel vehicles continued to weigh down sales, according to data from a car industry body.
- Land Rover launches 170mph Range Rover Velar SVA – Autocar: New range-topping Velar shares a powertrain with the Range Rover Sport Velar SVAutobiography Dynamic takes the fight to Porsche’s Macan Turbo with a 542bhp 5.0-litre V8 Land Rover has pushed the performance envelope of the Range Rover Velar by…
- Nissan-Renault alliance to tie up with Google on self-driving cars – Nikkei: The Nissan-Renault-Mitsubishi alliance is set to enter a tie-up with Google to develop autonomous taxis and other services using …
- Fitch puts ratings of Jaguar Land Rover under review citing Brexit – Reuters: Fitch Ratings said on Tuesday it has placed the credit ratings of Britain’s biggest carmaker Jaguar Land Rover under review for possible downgrades, citing increasing risks of a disorderly Brexit.
- How VW, Daimler, BMW, others are transforming into tech companies – Automotive News: Mercedes, meanwhile, opted to unveil its new CLA last month at CES in Las Vegas, where incoming Daimler CEO Ola Källenius said the automaker …
- Tesla to buy California battery technology company for $218m – Nikkei:
- Suzuki posts 33 percent drop in third-quarter operating profit – Reuters: Suzuki Motor Corp on Tuesday reported a 33 percent drop in third-quarter operating profit, stung by the negative impact of depreciating emerging market …
- Toyota Establishes New Company “KINTO” – Toyota: Toyota Motor Corporation (Toyota) announces today it has established KINTO Co., Ltd. (KINTO), a new company to manage and operate its beloved-car subscription service that proposes a new user-car relationship. The new company is jointly funded by…
- UK Parliament Warned on No-Deal Brexit as Nissan Backs Out – Bloomberg: Parliament’s failure to agree on Brexit is holding back investment, Business Secretary Greg Clark said after Nissan Motor Co. abandoned plans to …
- Panasonic shares plunge after profit warning, Tesla’s Maxwell deal – Reuters: Shares of Panasonic Corp fell more than 6 percent on Tuesday after the Japanese electronics company reported disappointing quarterly results and cut its full-year outlook.
- Blazer shows up at right time for Chevrolet – Detroitnews: The revived Blazer comes at a critical time for Chevy as the sporty two-row crossover busts into a growing and competitive segment.
- Lucid in Talks to Partner With Carmaker, Plans IPO in Few Years – Bloomberg: Lucid Motors Inc. is in talks with automakers about potentially sharing its … of a plant in Arizona this spring and begin building the car in late 2020.
- Nissan Juke to go hybrid? – Autocar:
- UAW leaders to attend State of the Union to protest GM cuts – Detroitnews: U.S. Reps. Andy Levin, Tim Ryan invite presidents from Local 909 in Warren, Local 1112 in Lordstown to protest GM’s restructuring plants
- Alphabet’s higher spending worries investors, shares dip – Reuters: Alphabet Inc reported sharply higher fourth-quarter spending on video content, employees and facilities, worrying investors who sent the tech company’s shares down about 3 percent after hours on Monday.
