- White House to announce delay on imported auto tariffs decision-sources – Reuters: The White House is set to announce on Friday that President Donald Trump will delay a decision by up to six months on whether to impose tariffs on imported cars and parts to allow for more time for trade talks with the European Union and Japan, people…
- BMW launches limited-run M5 Edition 35 Years – Autocar: BMW M5 Edition 35 Years Anniversary version of 616bhp M5 Competition super saloon gets exclusive trim and design features BMW will celebrate 35 years of its M5 super saloon with a limited-run reworking of the 616bhp M5 Competition. The BMW M5 Edition…
- Ram’s iPad-Size Touch Screen Emerges as Hottest Add-On in Trucks – Bloomberg: Automakers are “really targeting the interior of the vehicle to try to differentiate themselves,” said Kyle Davis, an analyst at IHS Markit. “Ram was early …
- Usain Bolt launches two-seater electric vehicle which starts at $9999 – CNBC: Usain Bolt’s Mobility company has launched a two-seater, all-electric and zero-emission vehicle. Dubbed the Bolt Nano, it was unveiled at the …
- GM shareholders letter to Mary Barra demands stronger stance on fuel economy – Freep: A group of GM shareholders are demanding the automaker
- Amazon-Deliveroo Alliance Would Eat Uber For Dinner – Washington Post: Amazon.com Inc. and British food delivery startup Deliveroo are in some ways cosier bedfellows than Uber Technologies Inc. is with its own competing …
- Exclusive: Government won’t reinstate plug-in hybrid grants – Autocar: UK Transport Minister tells Autocar full electric vehicles are the focus of future government incentives The UK government will not reinstate a grant for the purchase of new plug-in hybrid vehicles, Jesse Norman, Minister of State for the Department…
- Musk to review all of Tesla’s expenses in new cost-cutting plan – Automotive News: Elon Musk, in an email to employees, said Tesla’s net proceeds from its recent stock and debt offering gave the company only 10 months to achieve breakeven at the rate it burned cash in the first quarter.
- As China Trade War Boils, Trump Courts a Favorite Punching Bag – Bloomberg: … 180 days to “limit or restrict” sales of automobiles and their parts into the U.S. in return for delaying new auto tariffs, Bloomberg reported Thursday.
- Mercedes USA picks China chief Speeks to replace Exler as CEO – Automotive News: Nicholas Speeks, 60, a career-long veteran of Mercedes-Benz, takes over from Dietmar Exler, who is leaving the company for a role said to be outside the auto industry.
- China Just Held a Car Race Without Any Drivers – Bloomberg: China’s road to mastering driverless-car technology is bumpy and full of surprises — literally. Just ask those attending the country’s top autonomous-vehicle race .
- Cash-strapped Chinese automaker Haima sells properties to raise funds – Reuters: China’s Haima Automotive Group Co Ltd said the company planned to sell over 400 units of real estate to revitalise its corporate assets and boost liquidity, stock …
- I got to drive Ford’s new hybrid SUV built for cops. They will love it – Freep: The 2020 Ford Police Interceptor Utility is the SUV every lead-footed teenager hopes Mom buys but only cops can get.
- Ford sticks with hybrids as other automakers rush to all-electric vehicles: Here’s why – Freep: Hybrids used in the 2020 Ford Explorer and 2020 Ford Escape SUVs play a key role in the automaker’s $11B plan to reduce fuel consumption and emissions.
- Ford debuts new transmission system to power next-gen hybrids – Automotive News: The automaker will debut a “modular hybrid technology” on its 2020 Explorer and upcoming rwd hybrids that allows them to tow, haul and go off road.
- Nissan Motor Co. CEO Saikawa not to be indicted over Ghosn’s under-reported pay – Xinhuanet: … for violating Japan’s financial instruments law following allegations he knew about former Chairman Carlos Ghosn under-reporting his remuneration …
- One Theory Why Lyft, Uber IPOs Flopped: Special Purpose Vehicles – Bloomberg: One theory gaining ground centers on the high number of special purpose vehicles that invested in the twin ride-hailing giants when they were private …
- Italy’s watchdog investigates Google for alleged antitrust abuse – Reuters: Italy’s competition watchdog said on Friday it had opened … Enel’s app allows drivers of electric cars to find charging points for their …
- Japan’s top trade negotiator says auto exports to US not to be capped – Xinhuanet: Japan’s minister for economic and fiscal policy Toshimitsu Motegi said Friday that he has received assurances from the …
- Citroen admits smartphones trump its in-car infotainment – Autocar: Citroen and sibling brands Peugeot, DS to move away from native user interface systems Peugeot, Citroën and DS will devote far less time and effort working on the user interface systems of future models, focusing instead on the ease of integrating…
- Cupra Leon ditches Seat badge and goes hybrid for 2020 – Autocar: First Cupra Leon prototypes hit the Nurburgring in disguise; it”s set to use plug-in powertrain The first hot Leon to ditch the Seat badge for Cupra branding has been spotted at the Nürburgring for the first time ahead of the car”s debut in 2020….
- Lotus plots expansion to include more sports cars and SUV – Autocar: Autocar
- Hyundai says electric sports car developed with Rimac will be ‘game changer’ – Automotive News: The electric sports car that Hyundai is developing in collaboration with Rimac will be a “game-changer” for the South Korean automaker and will …
- Europe Could Reap Silver Lining From US-China Trade Dispute – Bloomberg: If U.S. tariffs make imports from China less competitive, European firms have … at Jefferies International, who says trade wars “create winners amongst the … previously highlighted the best-placed industries as machinery, auto parts, …
- DIHK: U.S. auto tariffs of 25% could cost German economy 6 bln euros a year – Reuters: If the United States imposes further tariffs of 25% on imports of cars and car parts, it could cost the German economy an extra 6 billion euros ($6.71 billion) a year, the managing director of Germany’s DIHK Chambers of Commerce said on Friday.
- Peugeot positions e-208 as tough rival to fuel-powered siblings – Automotive News: Peugeot hopes to draw buyers to the brand’s first mass-market full-electric vehicle — the e-208 — with a long-term battery warranty and lease rates that are …
- Nissan says Saikawa retained as CEO, putting focus on Renault ties – Reuters: Nissan Motor Co said on Friday that Hiroto Saikawa would stay on as chief executive, backing the protege of former boss Carlos Ghosn even as top shareholder Renault pushed for a change in the Japanese automaker’s leadership.
- Amazon squares up to Uber with backing for UK food app Deliveroo – Reuters: Amazon has led a funding round in British online food delivery company Deliveroo, pitting itself against Uber Eats and other smaller providers in an escalating battle to deliver takeaway meals.
- Nissan, Ford, VW hit as European sales drop 0.5% in April – Automotive News: Nissan, Ford and Volkswagen were among automakers hit as European new-car sales declined for an eighth straight month by 0.5 percent in April, amid weak …
- US delaying car tariffs a ‘wise decision,’ EU finance chiefs say – CNBC: Imposing duties on European car imports would likely hurt Germany the most, given that it is one of the largest direct car exporters to the U.S..
- A Majority of Nissan’s New Board Will Be Independent Directors – WSJ: A Majority of Nissan’s New Board Will Be Independent Directors Wall Street JournalNissan’s Saikawa to stay on as president, Renault chief to join board: sources ReutersCrisis-hit Nissan shakes up board, keeps boss FRANCE 24Nissan to Accept Renault CEO…
- Amazon wades into British food delivery battle with Deliveroo funding – Reuters: Amazon has led a new funding round in Britain’s online food delivery company Deliveroo, throwing its weight behind the app in the battle with Uber Eats and Just Eat to deliver takeaway meals.
- Interview: China is right partner for investment in Mexico’s industrial sector: official – Xinhuanet: China is now an important investor in auto parts, iron and steel, electronics, and many other products in Mexico, which has contributed to the growth of …
- Renault’s CEO Thierry Bollore will join Nissan board – Automotive News: Nissan said it will appoint Renault CEO Thierry Bollore to its board while keeping Hiroto Saikawa on as its CEO, even though Renault has …
- BP faces investor push to beef up fight against climate change – Reuters: * GRAPHIC: BP’s emissions rose in 2018
- Myanmar’s first auto auction helps polish used-car market – Nikkei:
- Motegi Says US Assured Japan It Won’t Seek Car Export Limits – Bloomberg: Japanese Economy Minister Toshimitsu Motegi said U.S. Trade Representative Robert Lighthizer had assured him Washington won’t seek restrictions …
- Silicon Valley’s ‘kingpin banker’ takes an Uber hit – FT: When Greg Ballard started thinking of listing his gaming company, Michael Grimes, the star tech banker at the centre of Uber’s tumultuous listing, was …
- FCA nears investment grade after Moody’s upgrade – Automotive News: S&P Global Ratings raised FCA’s rating to a similar level in February. Fitch, another credit rating service, upgraded FCA to investment grade in November.
- US will not seek auto import cap from Japan in trade deal: Motegi – Mainichi: Japan’s top trade negotiator said Friday he has been assured the United States will not seek a cap on its automobile imports in a …
- Opinion: Rein in fuel economy, emissions fraud – Detroitnews: Opinion: Rein in fuel economy, emissions fraud … Our cars and trucks could and should be getting more miles to the gallon, but … several Jeep and Ram truck models because the EPA says the vehicles are emitting an … meet federal fuel economy and…
- SpaceX postpones Starlink satellite launch again, for ‘about a week’ – Reuters: A SpaceX launch already scrubbed once due to inclement weather was postponed again nearly 24 hours later on Thursday, this time for “about a week,” in order to update satellite software and “triple-check everything,” Elon Musk’s rocket company said.
- In China’s heartland, once-flush shoppers turn cautious – Reuters: Dressed in a smart black pantsuit behind the wheel of her pearl-white Audi, Zhao Na has come a long way from her roots in rural Henan province, in central …
- The 2019 VW Beetle Final Edition – Detroitnews: Seventy years after it came to the US, Volkswagen is retiring the Beetle.