- Volkswagen will introduce robotaxis in China – Automotive News: Volkswagen Group plans to roll out autonomous vehicles and offer mobility services such as ride-hailing and short-term rental in Hefei with local …
- China Trade Fight Raises Specter of Rare-Earth Shortage – WSJ: The U.S-China trade dispute has sent prices surging in rare-earth metals, an obscure but critical market for industries ranging from electric cars to fuel …
- GM, Ford Slip as U.S. Auto Sector Hit by Trump’s Mexico Threat – Bloomberg: U.S. autos makers and parts suppliers were among the sectors hit hardest in early Friday trading after President Donald Trump’s threat to impose a tariff of up to …
- Underused Factories Spur Fiat, Renault Merger Ambitions – WSJ: The proposed merger of Fiat Chrysler and Renault could unlock big savings for two of Europe’s biggest but least profitable auto makers by reducing excess …
- BMW’s $1 Billion Factory Caught in Trump’s Mexican Standoff – Bloomberg: President Donald Trump’s vow to impose a 5% tariff on Mexican goods comes just in time to hit exports from a $1 billion BMW AG factory that opens in the …
- Ford recycles 1.2 billion plastic bottles a year for auto parts – CNBC: Ford Motors is taking steps to reduce its carbon footprint by recycling plastic bottles and using them to manufacture vehicle parts.
- Electric Carmaker Nio Sees Stock Price Drop – Fortune: Chinese electric carmaker Nio saw its stock price plunge as announcing cheaper car plans.
- Ford preps SUV debuts for Frankfurt auto show while rivals pull out – Automotive News: 11 are Jaguar Land Rover and Honda. Land Rover will launch the new Defender off-roader in Frankfurt while Honda will show the production version ..
- Take a look at the most expensive SUV in the world: the $1.9 million Karlmann King – CNBC: If you’re looking to spend $1.9 million on a new vehicle, an Italian armored car based on a Ford F-550 chassis is probably not on your radar. Karlmann is trying ….
- BMW, Daimler, Volkswagen shares fall on Trump’s Mexico tariff threat – Automotive News: Shares in BMW, Daimler and VW Group extended losses in Frankfurt on Friday after U.S. President Donald Trump threatened to slap tariffs from next month on …
- EV maker Nio plans Beijing plant, will likely seek a partner – CEO – Reuters: Chinese electric vehicle (EV) maker Nio Inc is keen to build a production base in Beijing and will likely seek a manufacturing partner, Chief Executive Officer and founder William Li said this week.
- VW to introduce self-driving cars with partner JAC in China – Automotive News: Volkswagen Group plans to roll out autonomous vehicles and offer mobility services such as ride-hailing and short-term rental in Hefei with local …
- Lyft’s SoCal head Allen Narcisse is driven to build something indispensable – Latimes: Allen Narcisse, 42, is Southern California regional director for ride-hailing service Lyft, which is active in 640 cities across the country. He oversees …
- Trump Steps Into a Mexican Labyrinth – Bloomberg: Take autos. Parts come from all over the world, including the U.S. itself, before being assembled into a vehicle. A seat and seat belt may come from a …
- China’s Car Dealers Ask Government to Stimulate Slumping Auto Sales – Bloomberg: China’s car dealers urged the government to stimulate auto demand as soon as possible to help end a historic slump that’s now approaching the …
- German government expands electric car incentive program – Washington Post: The German government is extending a system of incentives to buy electric cars by 18 months until the end of 2020. The program launched …
- Toyota, Nissan, Honda under pressure as Trump threatens Mexico tariffs – Automotive News: All four operate vehicle assembly plants in Mexico, producing roughly one-third … Another South Korean company, LG Electronics, said nearly all of its …
- FCA CEO Manley sold shares for $3.5 million this week to cover personal expense – Reuters: Fiat Chrysler Chief Executive Mike Manley sold shares in the car maker for $3.46 million on May 28, the day after the announcement of a merger proposal to French rival Renault, a regulatory filing showed.
- Trump ‘Gone Rogue’ on Trade Is Last Thing Global Economy Needs – Bloomberg: And the trade data further shows that the biggest import categories from Mexico to the U.S. are cars and car parts and trucks and buses.” …
- Fiat-Renault Deal Would Test Pledge to Keep All Plants Open – Bloomberg: strained in the aftermath of the Carlos Ghosn affair — to keep plants such as the Flins facility north of Paris busy. Making matters worse, demand in the …
- Asian automaker shares hit as Trump threatens Mexico with tariffs – Reuters: Shares in Asia’s major automakers and their suppliers sank on Friday … Mazda Motor Co took a bigger hit, tumbling nearly 7%.
- Trump’s Trade Tweets Could Blow Up in His Face – Bloomberg: Mazda Motor Corp., which imports all its cars sold in the U.S., slumped as … From the circular trade in car parts to the crude that Gulf Coast refineries …
- Nissan CEO willing to meet FCA chairman over Renault merger – Mainichi: Nissan Motor Co. CEO Hiroto Saikawa said Friday he is willing to meet Fiat Chrysler Automobiles N.V. Chairman John Elkann to be brief.
- Head of Renault promotes merger – Detroitnews: Following the meeting, Nissan Chief Executive Officer Hiroto Saikawa said he … As to Senard, he said Nissan is already benefiting from the proposed …
- Tesla prices China-made Model 3 at 328,000 yuan – Reuters: U.S. electric vehicle (EV) maker Tesla Inc said on Friday it would price its China-made Model 3 vehicles from 328,000 yuan ($47,529), as it pushes production and sales in the world’s largest new-energy vehicle market.
- Uber”s Q1 losses reach $1B despite revenue growth – Detroitnews: Uber is continuing to bleed money even as it posts dramatic revenue growth