- Volkswagen boosts electric vehicle production by 50% with 22 million BEVs by 2029 – CNBC: The goal is to build 22 million battery electric vehicles, or BEVs, over the next decade, up from a previous target of 15 million, he said. The move is …
- James Bond to drive electric Aston Martin in new movie – Guardian: But next year’s 25th Bond film looks set to have Ian Fleming’s hero make his first concession to climate change, by driving an electric Aston Martin …
- Renault Is Said to Move Aside Ghosn Protege in Broad Shakeup – Bloomberg: Renault SA is reshuffling senior executives following the arrest of disgraced former Chief Executive Officer Carlos Ghosn, people familiar with the …
- Here are the biggest analyst calls of the day: CVS Health, Carnival, Tesla & more – CNBC: “We are bearish on PBMs and expect 70% of prescriptions to ultimately move online. And we are initiating on CVS at Outperform with a PT of $76 …
- Nissan names 2nd new N. America chairman in 14 months – Automotive News:
- Goldman: Tesla’s earnings and deliveries likely to disappoint this quarter so sell the stock – CNBC: Goldman’s 12-month price target is $210, representing a 25 percent drop from here.
- Bill Ford: We ‘fit together well’ with VW – Automotive News:
- Elon Musk Set to Unveil a New Tesla for the Masses-the Model Y SUV – WSJ: Elon Musk is back to pitching another all-electric vehicle that the Tesla Inc. TSLA … Days after cutting the price of Tesla Inc.’s Model 3 sedan to reach … the Model 3 launch in July 2017, overtaking the much larger General Motors Co.
- Limited-edition Leon Cupra R ST becomes fastest ever Seat – Autocar: Optional ABT upgrade boosts estate version of range-topping hot hatch to 365bhp The limited-run Leon Cupra R ST has officially become Seat’s fastest ever production car, with an optional, factory-approved ABT tuning package increasing the hot estate’s…
- 2019 set to be Volkswagen’s “most important year” – Autocar: Significant investment in electrification could make the next twelve months the most significant in the firm’s history This year will be one of most significant in Volkswagen’s history, according to company bosses. Speaking this morning in Wolfsburg,…
- When Elon Musk Tried to Destroy a Tesla Whistleblower – Bloomberg: By the larger-than-life standards of Elon Musk, the story was far from a blockbuster. On June 4, 2018, Business Insider reported that Tesla Inc. was …
- What Tesla knows about you – Axios: And because data is critical to self-driving cars, it has designed its vehicles from the … As all cars get smarter and more automated, the data they collect will unlock new conveniences for drivers – but also new privacy concerns.
- Volkswagen says no deal Brexit may force price hikes in Britain – Reuters: Volkswagen said British … for VW customers in Britain if tariffs are introduced for imported vehicles.
- Daniel Craig will drive a ‘£250000 electric Aston Martin’ in Bond 25 – Yahoo: He’s set to drive a £250,000 limited edition Aston Martin Rapide E, the first electric car from the British manufacturer, and one of only 155 being built.
- VW Brand to Shrink Workforce Further in Bigger Savings Push – Bloomberg: Volkswagen AG’s main car brand plans to deepen cost cuts and ax more … Click here: VW Boosts EV Push to 22 Million Cars as Costs Squeeze Margins … and digital operations, Osterloh told Bloomberg in an emailed statement.
- Mitsubishi COO Mann to leave the automaker – Automotive News: Veteran Nissan executive Trevor Mann, who served as … president for global commercial vehicles at the Renault-Nissan-Mitsubishi alliance, …
- Toyota wants to put a vehicle on the moon – Automotive News: The announcement comes less than a week after Tesla co-founder Elon Musk’s SpaceX docked a craft at the International Space Station. Toyota’s fuel …
- China’s BYD halts work at electric bus factory – Nikkei: BYD, China’s largest electric-vehicle maker, temporarily halted operations at its EV bus factory in Guangzhou, Guangdong province, …
- The Rise of Silicon Valley’s New Mafias – New York Times: Ms. Kadavy, 33, who left Uber last year, said her network of former ride-hailing colleagues would help her find and vet deals. In addition, it would help …
- Lamborghini Aventador replacement will be a hybrid – Automotive News: The Lamborghini Aventador’s replacement will mark the Italian automaker’s first foray into hybridization, while also holding on to a familiar …
- Nissan asking shareholders to vote to oust Ghosn as director – Washington Post: Japanese automaker Nissan is sending out notices to shareholders asking them to dismiss former Chairman Carlos Ghosn as a director at …
- Nissan HR Executive Exits as Ghosn Power Structure Is Dismantled – Bloomberg: … of a wider senior management shuffle, as the company revamps its leadership following the arrest of former Chairman Carlos Ghosn in November.
- UK Won’t Apply Tariffs on Most Goods in a No-Deal Brexit – Bloomberg: The remainder, including some meat and dairy, as well as finished cars, will have tariffs to protect domestic industry. The list doesn’t include car parts …
- VW brand to cut up to 7,000 jobs for 5.9 billion euro annual savings goal – Reuters: Volkswagen on Wednesday said it will shrink its workforce by up to 7,000 staff, raise productivity and eke out 5.9 billion euros worth of annual savings at its core VW brand by 2023 in a bid to raise VW’s operating margin to 6 percent.
- Volkswagen brand to cut up to 7,000 jobs for 5.9 billion euro annual savings goal – Reuters: Volkswagen on Wednesday said it will shrink its workforce by up to 7000 staff, raise productivity and eke out 5.9 billion euros (£5.1 billion) worth of annual …
- Nissan, Renault, Mitsubishi alliance made a ‘correct move’: Prof – Yahoo: Seijiro Takeshita of the University of Shizuoka explains why he says the Renault-Nissan-Mitsubishi Alliance has taken a “massive, positive, forward …
- Nissan announces regular senior management appointments – Nissan-global: Nissan Motor Co., Ltd. today announced senior management appointments, effective April 1, 2019. The appointments cover the positions of senior vice president (SVP), corporate vice president (CVP) and vice president (VP), and include changes to areas of…
- Japan eyes 2020 Olympics to retake place on tech podium – Yahoo: There are even rumours that a flying car will be used to light the Olympic flame, with a small start-up working on a project to produce such vehicles.
- Uber Adds Several Banks to Lineup of IPO Underwriters – Bloomberg: The ride-hailing company, which could be valued at as much as $120 billion in an IPO, is working with Bank of America Corp., Barclays Plc, Citigroup …
- Ghosn’s Global Auto Alliance Restructures, Leaving Him Behind – Bloomberg: Ghosn’s Global Auto Alliance Restructures, Leaving Him Behind. By … Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. adopted a new …
- The Volkswagen ID Buggy Melds the Past with the Future – Yahoo: After much teasing, the new Volkswagen dune buggy is finally here. All-electric and ready to elicit nostalgia, the cult classic returns, bringing its storied past into …
- Chinese Luxury Car Finance Firm Seeks $428 Million in Hong Kong IPO – Bloomberg: Shanghai Dongzheng Automotive Finance Co., which specializes in loans for luxury cars, is seeking to raise as much as $428 million in a Hong Kong …
- Toyota workers to get smaller base-pay rise than sought -Jiji – Reuters: Toyota Motor workers in Japan will receive a monthly increase in base pay of 10700 yen ($96), lower than what unions were requesting, Jiji Press reported on …
- Elon Musk’s tunnel vision: Las Vegas moving ahead on talks, but Chicago project stalled – Chicago Tribune: Las Vegas could become the first city to build a commercial transportation service dreamed up by Elon Musk, after local authorities voted Tuesday to …
- BMW dives into M3 engine details – Autocar: BMW debuted the new G20 3 Series last year and initial impressions were good. We actually have the new 330i downstairs right now so expect a …
- Audi to unveil two futuristic concepts hinting at future design – Autocar: Aicon concept is 10 years ahead in terms of design Cars bound for Shanghai and Frankfurt motor shows preview production models beyond the E-tron GT and Q4 e-tron Audi will introduce two futuristic concept cars this year, at the Shanghai and Frankfurt…