This edition of the Morning Auto News brought to you from a beach in Thailand
- Market uncertainty for automakers clouds 2019 Shanghai auto show – Automotive News: Automakers will offer a bit of everything as a decline in sales, trade wars and the unknowns of electrification cloud this month’s Shanghai auto show.
- RPT-INSIGHT-How Wells Fargo’s regulators and employees drove out its CEO – Reuters: … other key regulator, ordered the bank to make similar fixes and repay customers to whom it had improperly sold mortgages and auto insurance.
- Alphabet’s drone delivery service takes off in Australia – Reuters: Google parent Alphabet Inc’s drone service made its first air delivery in North Canberra, Australia, on Tuesday after getting approval from the country’s civil aviation authority.
- Tesla opens quarter with another round of sales staff cuts – Automotive News: The latest round of staff reductions are part of the retail retrenchment Tesla announced in February.
- Skoda’s 2018 sales harmed by lack of production capacity – Autocar: Skoda boss Bernhard Maier claims the firm would have sold 100,000 more cars if it had room to build them Sales of new Skoda cars were held back by around 10 per cent last year because its factories were working flat-out and couldn”t produce more cars….
- Carlos Ghosn says ‘backstabbing’ Nissan conspiring against him – Guardian: Carlos Ghosn has accused Nissan executives of conspiring to have him arrested over unfounded fears about his plans for the Japanese carmaker, …
- U.S. Tariffs Put Billions in European Carmaker Profits at Risk: Evercore – Bloomberg: Arndt Ellinghorst, global head of automotive research at Evercore ISI, discusses proposed tariffs by President Donald Trump’s administration on some $11 billion …
- Carlos Ghosn Accuses Nissan Officials of Mismanagement – New York Times: Carlos Ghosn, the former head of Nissan Motor, slammed the company’s … to turn the company into a subsidiary of its alliance partner Renault. … At that meeting, the company’s current chief executive, Hiroto Saikawa, …
- Ghosn slams “backstabbing” former Nissan colleagues in video address – Reuters: * Ghosn says plotters wanted to destroy Nissan-Renault alliance (Recasts, adds comments)
- Carlos Ghosn releases video message protesting innocence – Autocar: Former Renault and Nissan chairman claims he is being framed by colleagues after being arrested for the fourth time Former Nissan and Renault boss Carlos Ghosn’s lawyers have released a video messages showing him accusing former colleagues of “playing…
- New pickups come with ordinary interiors at luxury car prices – Automotive News: Though factories are stamping out increasingly opulent and expensive pickups, their creature comforts and tech amenities still fall years behind what buyers typically find on similarly priced luxury cars.
- Kia mulls EV production in Europe – Automotive News: Kia could build full-electric cars in Europe to overcome supply constraints and to help reduce its carbon footprint.
- BRIEF-Audi Says March Deliveries Fall 0.5 Percent in March – Reuters: (Corrects Asia deliveries figures). April 9 (Reuters) – Vw’s Audi: * DELIVERED 182,750 CARS IN MARCH (-0.5 PERCENT). * MARCH DELIVERIES +1.5 …
- PSA chairman Carlos Tavares on the group’s next steps – Autocar: Tavares says PSA will ‘survive and adapt” but is open to partnerships PSA”s boss gives Autocar a frank assessment of the challenges facing the motoring industry As head of the PSA Group, which comprises Citroën, DS, Peugeot and Vauxhall/Opel, Carlos…
- BRIEF-Dongfeng Motor Group Posts Total Production & Sales Volume for March 2019 – Yahoo: Dongfeng Motor Group Co Ltd: * TOTAL MARCH PRODUCTION VOLUME 273,829 UNITS VERSUS 310,995 UNITS. * MARCH …
- Ford’s overhaul in Europe diminishes German operations – Automotive News: Ford Motor’s restructuring of its European operations and its shift toward SUVs has one significant effect: Germany’s importance to the automaker in …
- China Car Slump Persists With Sales Plunging for 10th Month – Bloomberg: The persisting slump threatens to leave global carmakers from Ford Motor Co. and Toyota Motor Corp. to local players such as SAIC Motor Corp. with …
- Potential U.S. auto tariffs would hurt Germany, Japan, Korea: Moody’s – Reuters: Ratings firm Moody’s said on Tuesday that potential auto tariffs by the United States would be a risk to global growth, hindering economic momentum in Germany, Japan and Korea.
- Carlos Ghosn Says Nissan Executives Played a ‘Dirty Game’ – WSJ: TOKYO-Carlos Ghosn said in a video message released Tuesday that he is innocent of all charges, and that his actions were twisted to make him …
- In first public address, Ghosn says he is innocent and victim of backstabbing – Reuters: Ousted Nissan boss Carlos Ghosn said he was innocent and slammed former colleagues whom he accused of backstabbing and conspiring against him, addressing the public for the first time since his initial arrest last year.
- Carlos Ghosn blames arrest on ‘plot’ by individuals inside Nissan – FT: Carlos Ghosn has blamed his arrest on “a plot, conspiracy and back-stabbing” by individuals inside Nissan in a seven-minute video message that was …
- Analysis | India’s $70 Billion Car Market Could Use a Jump – Washington Post: Sales have been plummeting despite Modi’s campaign pledges to help consumers. They’ll need more than empty promises to start buying.
- Political intervention may not be best way to help Ghosn – French finance minister – Reuters: Political interventions might not be the best way to help ousted car executive Carlos Ghosn, French Finance Minister Bruno Le Maire told FranceInfo radio on Tuesday.
- Ghosn Blames Nissan Executives for ‘Playing a Dirty Game’ – Bloomberg: Carlos Ghosn, speaking in a video message recorded before he was arrested last week, blamed Nissan Motor Co.’s executives for “playing a dirty game” by …
- Ghosn warns Nissan will fail after ‘dirty game’ to oust him – Nikkei:
- Former Nissan Chairman Carlos Ghosn says in a video statement that a conspiracy at the … – Washington Post: Former Nissan Chairman Carlos Ghosn says in a video statement that a “conspiracy” at the automaker is behind his arrest. Copyright 2019 …
- Skoda Kodiaq vRS review: plenty of Utility, but not enough Sports – Yahoo: It’s school sports day, and the dads’ race is next on the schedule. A horde of middle-aged, comfortably-built men line up at one end of the sports pitch, clothed in …
- Details on Apple’s ‘Project Titan’ autonomous car – Autocar:
- Uber’s long list of legal woes ahead of its stock market listing – FT: No company in recent history has come to the public markets under more of a legal shadow than Uber. In the coming weeks, documents will be made …
- The Coalition government’s newfound war on electric cars is very strange – Guardian: By far and away the strangest thing about the Liberal and National parties’ newfound war on electric cars is that it runs contrary to a longstanding …
- Uber, ahead of IPO, sees some time before self-driving cars dominate the road – Reuters: Uber Technologies Inc expects it will be a long time before one of its biggest investments, self-driving cars, is ready for wide-scale deployment, a senior scientist said on Monday, as the ride-sharing firm gears up to go public.
- Electric cars: separating the facts from the propaganda – Guardian: Though it has been highly critical of Labor’s stance, the Coalition promised its own national electric vehicle strategy as part of its “climate solutions” …
