- Britain’s Lotus Set to Reveal 1st New Model in 11 Years – and it Will Be Electric – Detroit Bureau: The long-struggling British sports car company Lotus is set to launch its anticipated turnaround program next month with the debut of its first new model in 11 …
- FCA-Renault bid clears French hurdles as board meet – Reuters: Renault directors were preparing to review Fiat Chrysler’s (FCA) $35 billion merger offer on Tuesday, after the Italian-American carmaker resolved differences with the French government overnight, three sources said.
- Renault Directors Named by Nissan Set to Abstain on Fiat Vote – Bloomberg: Renault SA is facing resistance from partner Nissan Motor Co. as the French carmaker’s board prepares to consider an offer to merge with Italy’s Fiat …
- China Focus: Delivery robots roll out future of China’s logistics – Xinhuanet: They carefully observe traffic rules thanks to an autopilot system. These robots are demonstrated at an exhibition center of an intelligent delivery …
- Uber says IRS looking at its 2013-14 tax returns – Reuters: The U.S. Internal Revenue Service is currently looking at Uber Technologies Inc’s taxes for 2013 and 2014, and the ride-hailing company …
- Opel prices electric Corsa to compete with Renault Zoe – Automotive News: Opel will begin sales of a full-electric version of its Corsa small car in the first half of next year at a starting price of …
- No Ride for You? Uber’s Risky Ratings – WSJ: Uber is putting the diss into dystopian, according to some customers. … The move comes in the wake of Uber’s public relations scandals involving …
- Biden Promises 100% Clean Energy, Net-Zero Emissions by 2050 – Bloomberg: The proposal also calls for massive improvements in building energy efficiency, a new network of 500,000 electric car charging stations by 2030, …
- BMW tops Mercedes in May US sales, bolsters luxury lead – Automotive News: BMW, aided by the all-new X7 and a revamped 3 series, narrowly beat its German rival in May in the U.S. as Mercedes managed its first sales gain of the year.
- Nissan odd man out in partner Renault’s FCA merger decision – Washington Post: Japanese automaker Nissan wasn’t consulted about a proposed merger between its French alliance partner Renault and Fiat Chrysler and …
- Bloomberg retracts column on Jaguar Land Rover`s finances – Automotive News: Bloomberg News has retracted an incorrect opinion column originally published on May 29 with the headline “Jaguar, where’d that extra $1 billion come from?” The column also appeared on the Automotive News and Automotive News Europe websites.
- Audi will build Q4 e-tron in China, report says – Automotive News: Audi will build full-electric Q4 compact crossover at Volkswagen Group’s joint venture with SAIC in China, according to a local media report.
- How hydrogen can offer a clean energy future – FT: General Motors built its first vehicle powered by hydrogen in 1966. But instead of revolutionising the auto industry, the GM Electrovan ended up in a …
- Macron Is Salvini’s Best Friend Really – Bloomberg: The French have started meddling on the Fiat-Renault deal. … concerns the proposed merger between Fiat Chrysler Automobiles NV and Renault SA.
- China Moves to Stop a Crash in Booming Electric-Car Industry – Bloomberg: As big as its car market is, China has decided that its 486 aspiring electric-vehicle companies are too many.
- Activist hedge fund CIAM will “strongly oppose” FCA-Renault deal – Reuters: Activist hedge fund CIAM has written to the board of French automaker Renault to say it “strongly opposed” a planned $35 billion merger with Fiat Chrysler.
- Volkswagen’s Diess meets top US trade official as Mexico tariffs loom, report says – Automotive News: Volkswagen Group CEO Herbert Diess met on Monday with the top U.S. trade official, Robert Lighthizer, a week before new tariffs …
- Small crossovers on the rise in US – Automotive News: In a U.S. market with an almost insatiable appetite for spacious crossovers and SUVs, there is plenty of room for their smaller counterparts as buyers downsize.
- Jeep employees, retirees say Renault’s US presence put them ‘in the ditch’ – Automotive News: While Fiat Chrysler Automobiles considers a merger with Renault, older Jeep employees and retirees recall their last dance with the French …
- Inquest sought in dismissal of case against Nissan CEO – Mainichi: … Nissan Motor Co. CEO Hiroto Saikawa in connection with the alleged underreporting of former Chairman Carlos Ghosn’s executive remuneration.
- Nissan wants to protect ‘interests,’ is noncommittal on FCA-Renault merger – Automotive News: Nissan CEO Hiroto Saikawa sees some upside in the proposed merger of partner Renault and Fiat Chrysler but remains noncommittal until he can assure the Japanese automaker’s interests are protected.
- French ride-hailing app Kapten names new CEO as co-founders step down – Reuters: French ride-hailing app Kapten, one of many such firms looking to take on the likes of Uber , named Sebastien Oebel as its new chief executive and added that its co-founders would be stepping down from the company.
- Shelters Are Becoming Rare in This Market Storm – Bloomberg: Japanese car makers produce approximately 1.3 million cars in Mexico, …. an email to the address for the book club: [email protected].
- How do electric car batteries work? – FT: or EVs – range from “mild hybrid” models that still rely in part on conventional internal combustion engines, through to cars with …
- Rare earths: Beijing threatens a new front in the trade war – FT: Nine years ago, Ian Higgins’ company in the north-west of England was jolted by bad news from Volkswagen. Prices for rare earths were rising, …
- Tesla’s Secret Source of Cash – Bloomberg: General Motors Co. and Fiat Chrysler Automobiles NV disclosed earlier this year they reached agreements to buy federal greenhouse gas credits from …