- Daimler’s new CEO touts green strategy – Automotive News: Daimler’s new boss Ola Kallenius is following an ambitious path to make the automaker more sustainable, that foresees every second Mercedes sold by 2030 …
- Ex-Lyft and Uber Driver in Virginia Was Responsible for Torture in Somalia in ’80s, Jury Finds – New York Times: He had a high rating on the ride-hailing app, and had made at least 76 trips as a Lyft driver until last September, the company said. But Mr. Ali, who …
- BMW joins electric scooter market – Automotive News: After adding the full-size X7 SUV this year, BMW is getting into a much tinier category — a 799 euro ($890) electric scooter similar to those offered by …
- Trump returns to Japan for a visit heavy on sumo and symbolism – Latimes: President Trump leaves Friday for his second trip to Japan – with a return visit planned next month – as both governments seek to repair an alliance …
- Nissan looks for ways to use long-lasting EV batteries – Automotive News: Nissan is testing ways to use EV batteries outside of the car. The automaker’s data shows that the batteries used by its Leaf will outlast the car by 10-12 years.
- Baking a “Jellyroll”: How Batteries Get Made – Fortune: By far the market’s largest segment is the one for automotive batteries, … a Chinese brand whose models include an electric car called the K One.
- Premium automakers can`t afford the luxury of current business model, analyst says – Automotive News: Sales of premium cars probably have peaked globally, threatening the business model of Germany”s luxury automakers, said Philippe Houchois, managing director of Jefferies Group.
- Nissan’s credit rating downgraded by Moody’s over weak U.S. sales – Automotive News: While Nissan’s new business strategy focuses on margin over unit sales growth and refreshing old models to improve its brand value, the ratings agency expects the overhaul will take “several years.”
- We need to talk about Detroit’s new Chrysler plant deal | Nancy Kaffer – Freep: FCA has promised to invest $2.5 billion in Detroit, and to give Detroiters first crack at those newly created jobs, in exchange for a lot of land and about …
- The Bursting of the Tesla Stock Bubble – Bloomberg: For Elon Musk and Tesla Inc., the blows from Wall Street came one after another this week — a relentless barrage that left the stock so beat up that some now …
- BMW pays ironic homage to outgoing Daimler CEO Zetsche – Automotive News: Retirement means harvesting the fruits of lifelong labor, trying out new things, and not giving a damn what others think. For Daimler CEO Dieter …
- Moody’s downgrades Nissan’s credit rating, citing weak sales in US – Reuters: hit by former Chairman Carlos Ghosn’s arrest last year and troubles at its North American business – reported a 45% plunge in annual …
- Tesla Stock Is in Trouble and Elon Musk Has Gone From Iron Man to Inspector Gadget – Barrons: General Motors (GM) could see the reverse: rising financial resilience … Tesla and GM each have sold more than 200,000 electric vehicles, which …
- Former Opel CEO Neumann joins board of US self-driving software startup – Automotive News: AI, a company working to make open-source self-driving software reliable enough to be used in commercially available vehicles, the startup said.
- Opel sees electric Corsa as key EV entry – Automotive News: Opel CEO Michael Lohscheller said the Corsa-e, a full-electric version of Opel’s sixth-generation Corsa subcompact hatchback, will be an “important entry” in …
- VW will focus on early adaptors for first ID3 electric cars – Automotive News: Volkswagen is focusing initial marketing efforts for its ID3 battery-powered compact hatchback on “early adopters” of EV …
- First satellites for Musk’s Starlink internet venture launched into orbit – Reuters: SpaceX, the private rocket company of high-tech entrepreneur Elon Musk, launched the first batch of 60 small satellites into low-Earth orbit on Thursday for Musk’s new Starlink internet service.
- 400bhp+ Mercedes-AMG GLB45 SUV begins testing – Autocar: Four-wheel drive rival to the Audi RS Q3 is set for UK deliveries in 2020, and first spyshots have emerged Mercedes-Benz”s AMG division has kicked off testing of the new GLB45 4Matic on public roads some 12 months before its planned showroom debut….
- Ghosn tried to set up foundation to run Nissan-Renault – FT: Structure would have allowed ex-chairman to set own pay without need for disclosure.
- Vintage BMW’s 800% Increase Trounces the German Carmaker’s Stock – Bloomberg: For those that can afford them, classic cars tend to offer far higher returns than more mainstream investments. Just don’t buy one if you’re looking for a liquid …
- SpaceX Launches 60 Satellites for Space-Based Broadband Network – Bloomberg: Elon Musk’s Space Exploration Technologies Corp. launched 60 Starlink satellites late Thursday, a key step in Musk’s vision of creating a …
- SpaceX launches first satellites for Musk’s Starlink internet service – Reuters: High-tech entrepreneur Elon Musk’s SpaceX company launched a Falcon 9 rocket from Florida on Thursday on a mission to carry the first batch of five dozen small satellites into low-Earth orbit for his new Starlink internet service.