- Infiniti pulls out of Europe – Autocar: Luxury brand no longer considered viable, UK production to end in July Infiniti is pulling out of Western Europe after the Nissan”s premium arm was no longer considered a viable business here. Production of the firm”s two UK-built models, the Q30 and…
- VW Group announces six all-new models at annual conference – Autocar: New models from Porsche, Bentley, Audi and Volkswagen are set for launches in the next few years VW has officially announced six new models at its 2018 Annual Conference in Wolfsburg, including the Porsche Cayenne Coupe. All of them are additions to…
- DS3 Crossback poised to shake up key SUV segment – Automotive News: At 4200 mm long, 1800 mm wide and 1534 mm high, the DS3 Crossback’s dimensions are nearly identical to those of the Audi Q2 and Mini …
- Ford Expects Health-Care Costs to Top $1 Billion in 2020 – Bloomberg: Ford Motor Co. expects the cost of health insurance for its 56,000 hourly workers in the U.S. to top $1 billion for the first time next year, according to a …
- Breakingviews – Renault-Nissan love-in swerves main bumps in road – Reuters: Renault and Nissan Motor’s Yokohama love-in swerves around the main issues with the carmakers’ alliance.
- Stocks making the biggest moves in the premarket: Boeing, Microsoft, Tesla, Amazon & more – CNBC: Check out the companies making headlines before the bell: Dick’s Sporting Goods – The sporting goods retailer earned an adjusted $1.07 per share for its …
- Ghosn still too weak for press conference, wife says – Automotive News: Attorney Junichiro Hironaka said Carlos Ghosn also wants more time to plan his remarks.
- Opinion: Why Volvo’s 112mph speed limit is a first step towards a slower future – Autocar: The Swedish car maker”s self-imposed maximum speed for all of its cars from 2021 could be about more than paying lip service to public opinion Volvo, you might have read, is going to limit the top speed of all the cars it sells from 2021 onwards to…
- If driverless cars are going to change the world, they have to be affordable – Guardian: although the time scale keeps shifting – tech manufacturers say driverless cars will replace their traditional counterparts, car parks will become …
- Volkswagen Group reveals 2018 sales figures and best-selling models for each brand – Autocar: A sales boost in China helped the Volkswagen Group to sell 10.9 million units in 2018 The empire sold 10.9 million cars worldwide in 2018, largely thanks to trend-busting growth EU and China The Volkswagen Group”s global car sales crept up to 10.9…
- Why Mitsubishi gave its new Europe boss more control – Automotive News: Mitsubishi is shifting control of its European distributors network to Europe from Japan and handing control to former Nissan executive Bernard Loire.
- Morgan Stanley’s Jonas: Tesla’s stock to drop because price cuts reveal demand ‘air pocket’ – CNBC: Tesla’s Model 3 price cut suggests the electric car maker is approaching an “air pocket” in demand, Morgan Stanley says.
- Nissan and Renault Overhaul Alliance as They Look Past Carlos Ghosn – New York Times: Nissan and Renault on Tuesday vowed to preserve their sprawling car-making alliance and overhaul how it works, as the …
- PSA’s China JV with Dongfeng loses $552 million in 2018 as sales plunge – Automotive News: PSA’s China joint venture with Dongfeng lost nearly $552 million last year as sales of Peugeot and Citroen cars in the market plunged 33 percent.
- Honda to recall about 1 million vehicles in the US with Takata airbags – Reuters: Honda Motor Co said on Tuesday its American unit will recall about 1.1 million Acura and Honda vehicles in the United States to fix a defect in Takata airbags in driver’s seat.
- What Ford’s defense of van ‘tariff engineering’ could mean for trade war – Automotive News:
- What Ford van ‘tariff engineering’ case could mean for trade war – Automotive News:
- China’s Car Market Is Stuck in Beijing Traffic – WSJ: Investors hoping Beijing will reintroduce tax breaks to juice the car market have been disappointed so far. China’s market may not be getting too much worse, but …
- DealBook Briefing: Elon Musk Accuses the SEC of Unconstitutional Censorship – New York Times: Good Tuesday morning. (Was this email forwarded to you? Sign up here.) Elon Musk fights back against the S.E.C.. The Tesla C.E.O. responded to the …
- Volkswagen to unveil U.S. plan at end of first quarter, mulls further China steps in 2019 – Reuters: Volkswagen will decide whether it makes sense to raise its stake in Chinese joint venture companies toward the end of this year or beginning of next year,…
- Toyota shoots for the moon with lunar rover plans – Nikkei: Toyota Motor is taking its automotive know-how to the moon. Japan’s No. 1 automaker announced on Tuesday that it will jointly develop a fuel.
- Ford readies new Fiesta-based small SUV to replace Ecosport – Autocar: Bulky camouflage masks a Fiesta-aping front grille and bumper Reinvented compact crossover shows close alignment to Fiesta as prototypes begin winter testing New images show Ford’s Fiesta-based small SUV, which will replace the Ecosport in the firm”s…
- Volkswagen says making electric cars will lead to job cuts – Yahoo: VW announced a massive acceleration of its electric-vehicle program earlier today, saying it aimed to increase its electric lineup up to 70 models …
- Why A.I. Without Humans Will Not Solve Our Problems – New York Times: Let’s not let artificial intelligence put society on autopilot.
- Volkswagen CEO says he has not considered taking a minority stake in Waymo – Reuters: Volkswagen has not considered taking a minority investment in Google’s autonomous cars project Waymo, Chief Executive Herbert Diess said on Tuesday, adding that talks about developing self-driving cars with Ford continue.
- Volkswagen Steps Up Electric Car Drive as Profits Weaken – WSJ: The first of Volkswagen’s new electric vehicles will begin rolling off the production line at the end of this year, including Porsche’s first all-electric sports …
- Momentum Slips for Auto Import Tariffs – WSJ: WASHINGTON-President Trump’s threat to impose tariffs on car imports is facing increasing headwinds amid congressional opposition, legal …
- UK Economy Begins 2019 on a Stronger-Than-Expected Footing – Bloomberg: Pharmaceuticals provided the biggest positive contribution, while car production fell. Overall industrial production rose 0.6 percent as oil and gas …
- Ex-Nissan’s Ghosn won’t meet press this week: lawyer – Reuters: Former Nissan boss Carlos Ghosn will not hold a highly anticipated news conference until next week at the earliest and is not now planning to attend the carmaker’s shareholders meeting next month, his lawyer said on Tuesday.
- Former Nissan boss Carlos Ghosn won’t meet press this week: lawyer – Reuters: Former Nissan boss Carlos Ghosn will not hold a highly anticipated news conference until next week at the earliest and is not now planning to attend the carmaker’s shareholders meeting next month, his lawyer said on Tuesday.
- Taking a Spin Through American Car Culture – New York Times: Through photography, painting, sculpture and more, a show opening in June at the Toledo Museum of Art will explore the car’s impact on American life.
- VW Increases Electric Vehicle Target by 50% – Bloomberg: Volkswagen AG said it aims to produce almost 50 percent more electric cars in the next decade than it previously targeted, boosting a bet that already …
- Volkswagen accelerates electric push as core brand margin slips – Reuters: Volkswagen said it will cut jobs as it launches almost 70 new electric models by 2028, accelerating its rollout of zero-emission cars as earnings revealed the operating margin at its core brand had taken a hit.
- Nissan, Renault break up almighty chairmanship in wake of Ghosn’s ouster – Reuters: Japan’s Nissan Motor and France’s Renault said they would … The companies, together with junior ally Mitsubishi Motors, on Tuesday said the chairman of Renault would serve as the head of the …
- Volkswagen Aims to Keep Profitability at 2018 Level This Year, Says CEO – Bloomberg: Herbert Diess, chief executive officer at Volkswagen, discusses his outlook for profitability in 2019, his expectations for Brexit, the impact of the U.S.-China trade …
- After Ghosn, Nissan and Renault retool alliance as ‘equals’ – Reuters: Japan’s Nissan Motor and France’s Renault on Tuesday retooled the board structure of the world’s largest car-making alliance, putting themselves as equals after the ouster of former boss Carlos Ghosn.
- VW brand margin slips on WLTP, EV investments – Automotive News: VW Group, which includes brands such as Audi, Porsche, Bentley, Skoda and Seat, as well as VW, released full earnings on Tuesday after …
- Volkswagen Group expands electric car plans – Autocar: The Volkswagen ID hatch will launch later this year Group will now launch almost 70 full electric models by 2030, and says they will comprise around 40 per cent of total vehicle sales The Volkswagen Group has expanded its electrification plans, and…
- CEO says Volkswagen’s accelerated electric cars push will cause job cuts – Reuters: Volkswagen said its aggressive push to build electric cars will force it to cut jobs.
- Japan Wants to Put a Toyota on the Moon – Bloomberg: Toyota Motor Corp. is scoping out a new frontier: lunar rovers.
- Ford’s China Partner Sees Its Sales Rebounding on New Models – Bloomberg: Ford Motor Co.’s partner in China, Chongqing Changan Automobile Co., expects sales to rebound this year as the automakers introduce more models to help …
- Nissan, Renault retool alliance board structure in wake of Ghosn’s ouster – Reuters: Japan’s Nissan Motor Co and France’s Renault SA on Tuesday unveiled a new board structure for their alliance that will see the chairman of Renault serve as a director of Nissan.
- Nissan, Renault, Mitsubishi launch post-Ghosn era with new board – Nikkei: Nissan Motor, Renault and Mitsubishi Motors on Tuesday sought to end months of turmoil over the future of their automotive alliance with the …
- Volkswagen CEO hopeful a Brexit deal will be reached – Reuters: Volkswagen’s Chief Executive Herbert Diess said he still believed that Britain and the European Union would strike an agreement to prevent a chaotic breakup of the European Union as Prime Minister Theresa May faces a crucial vote at home.
- Elon Musk accuses SEC of “unconstitutional power grab” over tweets – Axios: Elon Musk’s lawyers told a federal judge Monday the Tesla CEO should not be held in contempt of court for tweets the Securities and Exchange …
- VW accelerates electric push as core brand margin slips – Reuters: The profit margin at its core VW brand slipped to 3.8 percent last year, down from 4.2 percent, as higher investments into electric cars and challenges …
- China’s car sales have fallen for 8 straight months. It may get worse before it gets better – CNBC: Chinese auto sales declined almost 14 percent in February, an industry group announced. That’s the eighth straight month of year-on-year decline in the…
- BHP Crew Applied Brakes to Wrong Train Before Runaway Crash – Bloomberg: At about 4:40 a.m., the driver “heard air venting from the ore car brakes and shortly after noticed the train begin to move forward.” About 20 minutes …
- Ghosn ‘disappointed’ at ban from Nissan meeting, wants to fulfill duties – Reuters: Former Nissan Motor Co boss Carlos Ghosn said he was disappointed that a Tokyo court had rejected his request to attend the car maker’s board meeting on Tuesday, and that he was still willing to carry out his duties as a board member.
- Elon Musk shoots down U.S. regulator’s complaint about his Tesla tweet – Reuters: Tesla Inc Chief Executive Elon Musk shot back against U.S. securities regulators on Monday, arguing in a filing that his recent tweet about the electric vehicle maker’s production volume did not violate his fraud settlement and he cannot be held in…
- Tesla Will Now Keep Stores Open and Raise Prices – Bloomberg: Tesla has changed course again on its recently revamped business plan. Only recently, on February 28th, shares plunged almost 8% after the company said it …
- Nissan, Renault and Mitsubishi shore up alliance amid Ghosn’s departure – Latimes: Nissan, Renault and Mitsubishi shore up alliance amid Ghosn’s departure Los Angeles TimesThe automakers are planning to form a single board that will oversee its governance and operations, Renault said in a statement, confirming earlier media …
- Elon Musk tells judge he shouldn’t be held in contempt for tweets – Washington Post: Tesla CEO Elon Musk tells a judge he should not be held in contempt of court for allegedly violating a settlement agreement with the Securities and Exchange …
- Musk Defends Tesla Tweets That SEC Says Violated Court Order – Bloomberg: Elon Musk told a New York judge that a pair of tweets he sent last month about Tesla Inc. weren’t improper, refuting a request by the U.S. Securities …
- Nissan and DOCOMO test I2V technology using 5G in moving vehicle – Nissan-global: Nissan and NTT DOCOMO, INC. are putting Nissan”s Invisible-to-Visible technology through its field test in a moving vehicle, using DOCOMO”s fifth-generation mobile communications connectivity.The technology, first revealed at the CES trade show in Las…
- OpenAI turns itself into a for-profit enterprise – FT: … the tech world’s most radical thinkers, including Elon Musk and Peter Thiel, … The founder of Tesla and SpaceX has since distanced himself from the …
- UN probing North Korea sanctions violations in 20 countries – Washington Post: … in North Korea of a Rolls-Royce Phantom, Mercedes-Benz limousines and Lexus all-wheel drive luxury vehicles in violation of a luxury goods ban.
- In shadow of Ghosn, Nissan, Renault and Mitsubishi meet to hash out future – Reuters: When the three leaders of the world’s top car-making alliance gather in Japan on Tuesday, they will be looking to secure a partnership that was built by former Nissan boss Carlos Ghosn and then possibly imperiled by his ouster.
- Infiniti plans bold new range of EVs – Autocar: QX Inspiration will lead Infiniti”s drive to an EV future QX electric SUV concept is an opportunity to ‘reinvent” the brand in Europe, claims design boss Infiniti”s forthcoming electric production cars will present a chance to reset the brand in…
