- Tesla shares set to fall for a seventh straight day as more analysts warn of trouble – CNBC: Tesla was set for its seventh straight day of losses ahead of the opening … Jonas went on to say that neither Amazon nor Apple – rumored to once …
- Trump car tariffs would be a ‘first-order slap in the economic face,’ Citi’s Buiter says – CNBC: The global economy would be hit hard if President Donald Trump decides to impose steep tariffs on imported cars, Citi’s Willem Buiter told CNBC on Thursday, …
- Nissan board nominees not broaching merger issue: member – Reuters: Nissan Motor Co is not considering the possibility of a merger with top shareholder Renault at the moment, and none of the nominees to the Japanese …
- The best of Morgan Stanley’s Adam Jonas – FT: Some argue that SpaceX could offer Tesla a resilient cybersecure pipe for this precious vehicle data and a potential competitive advantage. So Elon …
- Lynk & CO CEO outlines plans for ‘wild horse’ brand – Automotive News: Lynk & CO’s Alain Visser said the new automaker sees itself as a “mobility brand with a car,” making it the “wild horse” in China’s Geely Holding Group that also includes Volvo and Lotus.
- Nissan looks for ways to use long-lasting EV batteries – Automotive News: Data from Nissan shows the batteries used by its Leaf electric car will outlast the vehicle by 10-12 years, said Francisco …
- Bosch Settles German Diesel-Engine Probe for $100 Million – Bloomberg: Robert Bosch GmbH agreed to pay 90 million euros ($100 million) to end a probe by German prosecutors into rigged diesel engines, following much more costly …
- Fiat Chrysler to invest $4B to regain lost share in Brazil – Automotive News: FCA increased its investment plan for Latin America by 2 billion reais through 2024, though it extended the time frame of outlays first announced in …
- Prosecutors fine Bosch 90 million euro for illicit emissions software – Reuters: Automotive supplier Bosch has agreed to pay a 90 million euros ($100.21 million) fine for lapses in supervisory duties which enabled carmakers to engage in …
- Tesla 2019 Delivery Goal Is at Risk on China Woes, Analyst Says – Bloomberg: Tesla Inc. will probably miss its 2019 delivery target range as the U.S. electric-car maker’s sales shrink in China amid a trade war between the two countries, …
- How to Profit From a Tesla Stock Tailspin – Barrons: It once seemed that Elon Musk would ultimately triumph against Tesla ‘s many critics. But the electric-car maker CEO’s behavior has become so erratic …
- Germany’s struggling car industry won’t see significant rebound – Ifo – Reuters: Germany’s export-oriented car industry will not see a significant recovery from its current slowdown, the chief economist of Germany’s Ifo institute said on Thursday.
- Timeline of Ghosn’s downfall – Automotive News: The alliance Ghosn created between Nissan, Renault and Mitsubishi Motors was shaken to its core. In the half year since, the three-way partnership …
- Key to Opel’s revival? Slash and simplify-but that was just the start, CEO Lohscheller says – Automotive News: Opel’s turnaround was accomplished by slashing fixed costs and sharply simplifying its product portfolio, CEO Michael …
- Trade war: China vows to ‘fight to the end’ as Panasonic ditches Huawei – business live – Guardian: … with escalating trade wars and auto sector woes commonly cited as specific … Vietnam is benefitting from the US tax increases; exports to the US surged. …. Foreign minister Wang Yi has hit back against the flurry of attacks on …
- Polestar CEO has ambitious design objective for Volvo subsidiary – Automotive News: In his dual role as chief design officer for the Volvo Car Group, his styling influence played a crucial role in the XC60 SUV winning the 2018 World Car …
- Jaguar F-Type to get major overhaul for 2020 model year – Autocar: Jaguar’s sports car will receive big alterations to the styling, new engines and a cabin upgrade to extend its lifespan Jaguar will release a heavily updated F-Type next year, and the first spy images of a disguised prototype have emerged. Spotted…
- Ghosn attends pretrial procedure at Tokyo court – Mainichi: Former Nissan Motor Co. Chairman Carlos Ghosn attended a pretrial procedure at the Tokyo District Court on Thursday, over his …
- Welby promoted to top Infiniti U.S. sales job – Automotive News: Bob Welby succeeds Jeff Pope, who was named Infiniti Americas group vice president in April and now runs the brand’s North America business. Welby will report to Pope.
- GM faces pushback on U.S. self-driving vehicle plan – Automotive News: General Motors said it hoped to deploy no more than 2,500 modified Chevrolet Bolt electric vehicles as part of a controlled on-demand ride-sharing fleet, likely to be based in San Francisco, by the end of 2019.
- Improved looks, power for 2019 Jeep Cherokee Overland – Detroitnews: The front end has been redesigned, and an all-new 2.0-liter turbocharged engine delivers more punch and better mileage
- Uber to open third Latin America support center in Bogota – Reuters: Ride-hailing app Uber will spend $40 million over five years to open its third support center in Latin America in September in the Colombian capital Bogota, the company said on Wednesday.
- SpaceX Rockets Were Imperiled by Falsified Reports, Prosecutors Say – WSJ: An audit carried out by SpaceX subcontractor SQA Services Inc. discovered falsified source-inspection reports for parts purchased for the construction …
- Nissan, Renault, M’bishi Motors to meet next week in Japan – Mainichi: Ghosn was chairman at the three companies, CEO of Renault and of Renault-Nissan B.V., overseeing their alliance when he was arrested last Nov.
- Next Opel Corsa leaked ahead of Frankfurt debut – Autocar:
- Elon Musk company to build underground transit system for Las Vegas Convention Center – Latimes: Billionaire Elon Musk finally has a chance at completing a commercial tunneling project after his Boring Co. secured a $48.7-million contract to build a …
- Tesla’s ‘Extreme’ Success in Norway Becomes Double-Edged Sword – Bloomberg: But the good news is that the ratio of complaints per vehicle is set to drop after the number of Teslas in Norway surged by more than 25% to almost …
