- Tesla names Zachary Kirkhorn as CFO – Reuters:
- Audi will continue to develop performance models – Autocar:
- Tesla’s Next Model, the Latest on Trade, and More to Know About Stocks for Thursday – Barrons: European stocks were up this morning too, but U.S. stock futures were modestly lower as investors awaited news from Tesla (ticker: TSLA) and …
- Porsche, Buick tops in service, Power study finds – Automotive News:
- Audi says it is considering China joint venture stake increase – Reuters: Volkswagen’s premium brand Audi is reviewing whether to raise its stake in its Chinese joint venture partner companies, the premium brand’s China chief Alexander Seitz said on Thursday.
- VW halts truck IPO until market conditions improve – Automotive News: In September Volvo Cars and its Chinese owner Geely also postponed plans to list the Swedish automaker blaming trade tensions and a downturn in …
- Audi set for rebirth with 2019 transformation plan – Autocar: Q4 e-tron is the latest model unveiled in Audi’s electric push Electrified model portfolio will enhance global viability and help the marque to move beyond Dieselgate Audi bosses had vowed that the company will bounce back this year after the impact…
- Mahindra takes second crack at US auto market with ‘India tough’ off-roader – Reuters: A decade ago, Mahindra tried to break in to the U.S. market with a low-cost pickup truck. The foray ended in failure and a lawsuit from dealers …
- Bugatti mulls adding an electric car – Automotive News: Last week, during the Geneva auto show, Bugatti unveiled the world’s most expensive new car, a 16.7 million euros ($18.9 million) coupe made as a …
- Tesla Model Y party puts Musk back in the spotlight – Automotive News:
- Audi directors committed to TT’s survival – Autocar: Model’s uncertain future has been an “emotional” topic of discussion in boardroom meetings The Audi TT could live on in the brand’s electrified future, according to board member for technical development Hans-Joachim Rothenpieler. Asked if the…
- Opel will resume Russia sales – Automotive News: … the midsize Zafira Life passenger variant and Vivaro Transporter commercial version, which correspond to the Peugeot Expert and Citroen Jumpy.
- Ford fears double hit from no-deal Brexit tariffs – Automotive News:
- Axios AM – Axios: We saw this when a driverless car killed a pedestrian in Tempe, Ariz. And now it’s a … Just wait until drones, robots and flying cars go mainstream.
- With Tesla Model Y Party, Elon Musk Goes Where He’s Comfortable: The Spotlight – Bloomberg: Elon Musk needs a win, so he’s taking a page out of a tried-and-true … a third company he runs, SpaceX, and told reporters it was “incredibly profound.
- Custom Cars, Made to Order While You Wait (a Couple of Months) – New York Times: People who are about 35 to 55 years old have their own ideas of what a car should look like. The company that makes their dream car a reality is the …
- Audi Plans Fresh Overhaul to Regain Lost Ground to BMW, Mercedes – Yahoo: Volkswagen AG’s Audi division will present a new plan in May to regain momentum after falling behind rivals Mercedes-Benz and BMW …
- Audi blames WLTP for 3.5% decline in deliveries last year – Autocar: Company CEO refers to gaps in product range and ensuing shift cancellations as primary reasons for shortfall Audi AG CEO Bram Schot has revealed that the company delivered 3.5% fewer vehicles to customers in 2018 than in 2017. Speaking at the…
- China customs lifts suspension on Tesla Model 3 import – Reuters: China’s customs authority has lifted their suspension on imports of Tesla’s Model 3 after the U.S. electric car maker made the necessary rectifications, two sources familiar with the matter said on Thursday.
- Audi sees margin target hit by electric car investments – Reuters: Audi the premium brand owned by Volkswagen said it expects to deliver an operating return on sales between 7 percent and 8.5 percent, below its long-term target, as costs for developing electric cars weigh on profits.
- PSA Group’s Opel to resume production in Russia in fourth-quarter – Reuters: French carmaker PSA Group’s Opel said on Thursday it would resume production at a factory in Kaluga, Russia, in the fourth quarter after exiting the Russian …
- Ineos will use BMW engines for Defender-inspired SUV – Automotive News: UK petrochemicals company Ineos will source from BMW gasoline and diesel engines for its new Land Rover Defender-inspired SUV, …
- F1 legend backs Daniel Ricciardo for dream podium finish – Yahoo: Hill, who raced to the 1996 crown in a Renault-powered Williams FW18, also says Ricciardo’s decision is a smart one for the medium-term – with the …
- Dacia backs veterans in Morocco rally bid – Autocar: 1430-mile Carta rally will see four race-prepped Duster SUVs piloted by ex-military personnel Dacia will support a fleet of veterans and ex-military service personnel to contest a series of cross-country rallies in Morocco and the UK as part of a…
- Brookfield’s Oaktree Deal Marks Ascent as Private Equity Giant – Bloomberg: Brookfield Business Partners LP, the firm’s private equity arm, agreed to buy Johnson Controls International Plc’s car battery business for $13.2 billion …
- Councils stall on adding charging points for electric vehicles – Guardian: At least a quarter of local authorities in England and Wales have put a brake on the expansion of charging networks for electric vehicles. More than …
- South Korean pension fund deals blow to Elliott in Hyundai fight – Reuters: Elliott Management received a potentially fatal blow in its proxy fight to shake up South Korea’s Hyundai Motor Group on Thursday when major shareholder the National Pension Service (NPS) said it would vote down the U.S. hedge fund’s proposals.
- Frank Cali, Gambino crime boss, killed in front of Staten Island home – Washington Post: … approached by a blue pickup truck. Known as “Franky Boy,” the Gambino boss was reportedly shot six times in the chest and run over by the truck, …
- Nissan and Mitsubishi to launch new kei cars as collaboration expands – Nissan-global: Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation will introduce four new minivehicles in Japan through their joint venture, as the companies continue to expand their collaboration.Production of the all-new Nissan Dayz, Nissan Dayz Highway Star,…
- McLaren to race without BAT logo in Australia – Reuters: A McLaren spokesman said in an email to Reuters on Thursday: So BAT decided in advance not to brand the car or team with A Better Tomorrow but …
- Renault nudges Ghosn aide aside in executive shake-up – Nikkei: Renault nudges Ghosn aide aside in executive shake-up … PARIS — French carmaker Renault has announced the resignations of three … other roles as chairman of Renault’s alliance partners, Nissan Motor and Mitsubishi Motors.
- S.Korea’s pension fund backs Hyundai in blow to Elliott – Reuters: South Korea’s National Pension Service said on Thursday it would vote for proposals made by Hyundai Motor and …
- Americans Still Fear Self-Driving Cars – Bloomberg: GM plans its own driverless ride-hailing service in a U.S. city later this year. Meanwhile, driverless test cars are logging millions of miles on public …
- Next mayor should pick mobility chief to handle issues like electric scooters, self-driving cars: report – Chicago Tribune: The next mayor should have a chief mobility officer to handle issues like ride-share regulation and self-driving cars, as technology continues to change …
- Nikkei rises as SoftBank surges on Uber self-driving investment hopes – Reuters: Japan’s Nikkei rose on Thursday morning driven by gains in index-heavyweight SoftBank Group while investors bought futures as global risk issues such as a no-deal Brexit receded.
- Cadillac’s new badging system torques comprehension – Detroitnews: Ready for the Cadillac XT6 AWD 400? The brand’s new badging system requires a code-breaker.
- Toyota, SoftBank in talks to invest $1B in Uber AV unit, report says – Automotive News: A group of investors led by SoftBank Group Corp. and Toyota Motor Corp. is in talks to invest $1 billion or more in Uber Technologies Inc.’s self-driving …
- Raikkonen says partying made him a better driver – Yahoo: The Finn, known as “Iceman”, has won 21 Grand Prix since his debut in 2001 with Sauber, the team — now named Alfa Romeo — he will race for again …
- SoftBank, Toyota in talks to invest $1 bln in Uber’s self-driving unit – Reuters: A group of investors led by SoftBank Group Corp and Toyota Motor Corp is in talks to invest $1 billion or more into Uber Technologies Inc’s self-driving vehicle unit, which would value the unit at $5 billion to $10 billion, said two people familiar…
- Community hears about FCA’s Detroit expansion – Detroitnews: First meeting under Detroit’s Community Benefits Ordinance lays out plans for FCA’s expansion in city, lets residents weigh in
- Nissan may ask ex-Toray boss Sakakibara to chair board meeting – Reuters: Nissan Motor is considering asking ex-Toray Industries chief and Japan Inc heavyweight Sadayuki Sakakibara to chair its board meetings while leaving vacant the chairman post previously held by Carlos Ghosn, a source said on Thursday.
- Mercedes-AMG to give all models plug-in option – Autocar: Mercedes-AMG’s CLS53 already features a mild hybrid powertrain Performance sub-brand will use a tuned version of EQ range’s hybrid system Mercedes-AMG will develop a plug-in hybrid version of every model in its line-up in the future, featuring a…