- Time to Repeal the Rule That Aided Uber’s IPO Flop – Washington Post: It’s clear now that Uber Technologies Inc.’s initial public offering will be left with a less than five-star review. The stock remains below its IPO price, and …
- Essential California: When the Lyft you drive is also your home – Latimes: Good morning, and welcome to the Essential California newsletter. It’s Tuesday, May 21, and I’m writing from Los Angeles. Los Angeles Times …
- Self-driving trucks begin mail delivery test for U.S. Postal Service – Reuters: The U.S. Postal Service on Tuesday started a two-week test transporting mail across three Southwestern states using self-driving trucks, a step forward in the effort to commercialize autonomous vehicle technology for hauling freight.
- Post Office to test autonomous semi trucks for hauling mail across state lines – CNBC:
- Tesla stock worth just $10 in worst case: Morgan Stanley – Reuters: Further falls in Tesla Inc’s share price increase its chances of being sold in the years ahead, Morgan Stanley analysts said on Tuesday, as they slashed their …
- Taxi Industry Leaders Got Rich. Drivers Paid the Price. – New York Times: The internet-based ride-hailing companies may have hastened the crisis, but virtually all of the hundreds of industry veterans interviewed for the …
- Mercedes taps Russia chief for China in wider shuffle – Automotive News: Mercedes-Benz has named Jan Madeja, formerly the … Suffel, 59, began his career with the former company Daimler-Benz in 1981, …
- Google reverses decision to cut ties with Huawei after US eases trade restrictions – CNBC: Alphabet Inc’s Google said Tuesday that keeping phones up to date and secure was in “everyone’s best interests,” shortly after the U.S. temporarily eased some trade restrictions on China’s Huawei.
- Geely, Daimler form mobility JV in China – Automotive News: Geely, Daimler’s biggest single shareholder, has established a joint venture with the German company to offer upmarket mobile services in China.
- VW Group gains ground in China as market dips – Automotive News: SAIC-GM produces and markets Cadillac, Buick and Chevrolet cars and light trucks while SAIC-GM-Wuling builds and distributes cars for the …
- Ford cutting about 10% of global salaried workers – Reuters: Ford Motor Co said on Monday it will eliminate about 10% percent of its global salaried workforce, cutting about 7000 jobs by the end of August as part of its …
- Refile: Exclusive – A delicate balance – Toyota took care to make offering to U.S. before China deals – Reuters: Toyota Motor Corp last month announced two deals in China that were small in size but large in strategic planning.
- BMW’s US boss remains optimistic despite tariff threat – Automotive News: Bernhard Kuhnt, BMW’s North American CEO, has reason to be nervous about tariffs on his imported vehicles and parts. But his sales outlook remains optimistic.
- Exclusive: India watchdog probes allegations of anti-competitive conduct by Maruti – Reuters: India’s antitrust regulator is looking into allegations that Maruti Suzuki, the country’s biggest car maker, resorted to anti-competitive practices by controlling how its dealers discounted cars, three people aware of the matter said.
- Japan auto lobby dismayed Trump declares some imports security threat – Reuters: Japan’s automakers’ lobby said on Tuesday it was dismayed by President Donald Trump’s declaration that some imported vehicles and parts posed a threat to …
- Editorial: Trump’s security threat claim on auto imports makes mockery of int’l law – Mainichi: U.S. President Donald Trump has proclaimed that rising vehicle imports is a threat to America’s national security. He has delayed a decision on …
- VW`s aftersales service fails over a faulty new car – Guardian: A month ago I bought a new Volkswagen Polo, which has broken down twice. The first time was on the day of purchase – the dealership kept it for a couple of …
- Jaguar Land Rover Just Dangled Some Shiny Keys – Washington Post: These days, any news seems to be good news for Jaguar Land Rover. After Tata Motors Ltd.’s U.K. unit posted 120 million pounds ($152.8 million) of …
- Exclusive: A delicate balance – Toyota took care to make offering to U.S. before China deals – Reuters: Toyota Motor Corp last month announced two deals in China that were small in size but large in strategic planning.
- Factbox: Investments by automakers in the U.S. and China since Trump came to power – Reuters: Major automakers have announced a slew of investments in the United States since President Donald Trump took office in January 2017 and exerted pressure on the industry to create more U.S. jobs.
- BUZZ-Tata Motors falls on dwindling quarterly sales of Jaguar Land Rover – Reuters: Shares of automaker fall ~4% to 181.65 rupees, a day after announcing Q4 results.
- Guest post: What is the car of the future? – FT: This is a guest post by David Metz, honorary professor at the Centre for Transport Studies at University College London and author of the forthcoming book …
- Renault Hands Control of the Dashboard to `Russia`s Google` – Bloomberg: Russia’s transition to connected vehicles is looking increasingly homegrown after the country’s biggest car-making alliance handed control of its dashboards to …
- What is the car of the future? – FT: The car of the future may be electrically propelled, have extensive digital functionality as well as self-driving options. But the car of the future will not …
- City simulator wins Venture capital backing as investors seek driverless car exposure – Reuters: Venture capital investors backed Immense Simulations, a British software company which creates interactive replicas of cities, on Tuesday in the latest sign of money pouring into firms that stand to gain from driverless vehicles becoming more mainstream.
