- Jaguar Land Rover posts first profit in four quarters amid China woes – Automotive News: Jaguar Land Rover reported its first profit in four quarters to raise optimism that the struggling UK automaker is on the mend. Net income …
- California Inc.: China accelerates plans for self-driving cars – Latimes: The Chinese government set next year as the target date for large-scale adoption of early-stage autonomous vehicles, and it wants 10% of all new …
- Nissan’s credit rating hit by negative outlook – Automotive News: S&P Global Ratings placed the automaker”s rating on negative watch after it issued a weaker earnings outlook and said there is a more than one-in-three chance of a further delay in Nissan”s profit recovery.
- Tesla shares fall after analyst says Elon Musk distracting carmaker with ‘sci-fi projects’ – CNBC: Wedbush cut its price target on Tesla shares to $230 from $275 on Monday.
- Jaguar Posts First Profit in Four Quarters Despite China Woes – Bloomberg: Jaguar Land Rover Automotive Plc reported its first profit in four quarters, overcoming a continued sales slump in China and raising optimism that Britain’s …
- Honda and GM join in smart grid and electric car research – Nikkei: Honda Motor and General Motors will join in a research project that could determine whether electric vehicles can be used to stabilize the su.
- Jaguar Land Rover posts heavy annual losses – Autocar: Firm records pre-tax annual losses of £3.6 billion – but says revival programme is on track Jaguar Land Rover has recorded an annual loss of £3.6 billion, but chief executive Ralf Speth says an ongoing cost-saving programme will transform it into a…
- Tata Motors’ fourth quarter profit slumps as Jaguar Land Rover sales hit – Reuters: Tata Motors Ltd reported a 47% drop in quarterly profit on Monday as the Indian automaker struggled to sell its luxury Jaguar Land Rover (JLR) cars in key …
- Elon Musk Has Downsized His Dreams to End Climate Change – Bloomberg: Last week, Tesla Inc.’s stock dropped to its lowest level in almost two and a half years following another fatal vehicle crash involving its much-touted autopilot …
- Next Mitsubishi CEO says U.S. exit ‘probably’ not an option – Automotive News: Takao Kato, Mitsubishi’s newly appointed CEO, says the automaker’s low-volume U.S business requires a rethink in line with the parent company’s new “small but beautiful” strategy, but he added that pulling the plug on sales in the region is “probably”…
- GM’s Board Will Have More Women Than Men. It’s Not the Only One – Fortune: Women will make up more than half of GM’s board next month after two … 2019 issue of Fortune with the headline “General Motors Flips the Ratio.” …
- Ford supervisors’ calendars may reveal big clue about layoffs – Freep: Preparing to lose their jobs, Ford employees packed boxes with their belongings on Friday and headed home for the weekend, not knowing what …
- News Analysis: US-EU trade talks plagued by major discrepancies despite delay of auto tariffs – Xinhuanet: … slapping additional tariffs on imported autos and auto parts for 180 days. … auto trading partners, which would go against the rule of the World Trade … of America’s global trade war,” said Hun Quach, vice president of international …
- Morouns, speculators look like winners in Detroit land swap to ensure FCA factory jobs – Freep: Detroit is giving land in southwest Detroit to the Moroun enterprise and neighbors are worried. It also is forgiving a speculator’s unpaid taxes.
- Scooter companies’ meteoric rise in one chart – Axios: Why it matters: Scooter companies like Bird and Lime benefitted from the optimism ride-hailing companies created about transportation services.
- Morgan Stanley’s Teflon Banker Chases Next Deal After Uber Flops – Bloomberg: And as a wave of U.S. tech startups headed for initial public offerings this year, he landed the biggest since Facebook: Uber Technologies Inc.
- VW will build small EV family in Slovakia, report says – Automotive News: VW has picked its factory in Bratislava, where the automaker currently builds the VW Up, Skoda Citigo and Seat Mii, as the production site for the EVs, …
- Beijing expands testing area for self-driving vehicles – Xinhua | English.news.cn – Xinhuanet: Beijing’s Haidian District, the capital’s tech hub, is seeking to expand its lead in self-driving vehicles with a plan to create more …
- Tesla Falls as Analyst Says Its Profit Goal Is a `Kilimanjaro-Like` Climb – Bloomberg: Tesla Inc. shares were poised to fall to their lowest since December 2016 on concerns the carmaker faces a “Kilimanjaro-like uphill climb” to hit profitability goals …
- South Korea automakers’ shares rise on hope of US tariff exemption – Reuters: South Korean automakers saw their shares rise on … Nissan exports roughly 31% of Japan-made cars to the United States …
- BMW’S BERNHARD KUHNT: Wary of tariffs, confident about EVs – Automotive News: After three years of playing second fiddle to Mercedes-Benz in the annual U.S. luxury sales race, BMW started 2019 with a …
- Citroen 19_19 concept takes aviation inspiration – Automotive News: The wheels, with a “floating” central hub, were developed with Goodyear and are integrated visually into 255/30 tires. Citroen emphasized the …
- Korea’s 1-2 punch in the battle of the big crossovers – Automotive News: Kia’s muscular Telluride has elbowed into the crowded three-row crossover segment with gusto. And as the market cools, Hyundai is warming up for the fight with the Palisade.
- CEO: Nissan performance is hitting `rock bottom’ – Automotive News: Nissan CEO Hiroto Saikawa has a plan to bring Nissan back in the U.S. and globally. But he says it’s going to take years.
- Public dealership groups: Small in number, huge in clout – Automotive News: Public ownership of big dealership groups helped transform an industry made up mostly of self-funded small businesses into one flush with cash from big banks …
- GMC expands Sierra’s tech reach – Automotive News: GMC is also expanding build choices of the Sierra, while offering the brand’s highly-anticipated carbon fiber box for no premium on its highest equipped models.
- Even Iron Man has a crossover and it’s a Hyundai – Automotive News: A future collector’s item? Hyundai is rolling out the limited-run Iron Man Edition of its Kona subcompact crossover, the world’s first production vehicle themed after …
- Aluminum F-150 proves less costly to repair – Automotive News: Ford’s extraordinary effort to train dealers, educate insurers and design the F-150 to be as repair-friendly as possible helped make it ultimately cheaper to fix and replace than the steel-bodied previous generation.
- Rental fleet becomes ‘extra profit center’ for Nissan – Automotive News: Mike Connolly found opportunity in operating a rental fleet at his Nissan dealership – and then the opportunity grew even bigger. In the past 18 months, the …
- Toyota Motor North America CEO Jim Lentz is confident the automaker can ‘erase’ an early US sales deficit and sell more hybrids – Automotive News: Toyota’s Jim Lentz says the company will erase an early 2019 U.S. sales slump and sell more hybrids in a competitive marketplace despite distractions caused …
- More 30th anniversary edition Mazda MX-5 Miata sports cars coming to US – Automotive News: Mazda is shifting 143 more of the cars to the U.S. Mazda says the extra units will go to customers on a waiting list.
- Uber, Lyft need to show profits – Automotive News: Ride-hailing giants Uber and Lyft have changed transportation and mobility as we know it. And the sector is quickly evolving, with bikes, scooters and, …
- Ford VP goes public on gender issues – Automotive News: Mark this moment in a movement that began 19 years ago when we first honored the 100 Leading Women in the North American Auto Industry: A Ford …
- Mazda pushing for hot 3 – Autocar:
- Already-Downgraded Nissan Credit Rating Hit by Negative Outlook – Bloomberg: Nissan Motor Co.’s credit standing took another hit, as S&P Global Ratings placed the automaker’s rating on negative watch after it issued a weaker profit …
- Mercedes reveals new B-Class pricing – Autocar: