- Magna leads 4 Canadian companies on Automotive News list of top 100 suppliers – Automotive News: Four Canada-based auto parts makers find themselves on the Automotive News Top 100 Global Suppliers List. It’s the same number from a year ago.
- Polestar’s plan inspired by Tesla, but with one big difference – Automotive News: Polestar will have one thing Tesla does not: dealers. So far, about 35 North American Volvo dealers – and three in Canada – have expressed interest in a …
- Car trash to cash: US firm aims to power European stadiums with old car batteries – Reuters: U.S. industrial conglomerate Eaton , which uses second-hand Nissan electric vehicle batteries to power buildings, is in …
- Mercedes Isn’t Looking Too Reliable These Days – Bloomberg: After three profit warnings in a year, the German car giant’s new bosses need to get a grip on their seemingly endless diesel problems.
- Nissan shareholders set to back CEO Saikawa amid fraying ties with Renault – Automotive News: Nissan shareholders are expected to back CEO Hiroto Saikawa at the company’s annual shareholders meeting on Tuesday, days after the executive resolved a tussle with Renault over Nissan’s corporate governance reforms.
- Velodyne Lidar hires bankers for an IPO, report says – Automotive News: Autonomous vehicle technology company Velodyne Lidar has hired bankers for an initial public offering, which it hopes to have before the end of 2019, …
- California’s governor warns Big Tech could be “steamrolled” – Axios: Why it matters: Newsom is friends with several tech moguls, including Tesla’s Elon Musk and Google co-founder Sergey Brin. And his state relies …
- UK Faster Indicators for May Paint Positive Picture for Economy – Bloomberg: Official figures earlier this month showed the economy shrank 0.4% in April as the boost from Brexit stockpiling evaporated and car producers went …
- French fiscal administration launches probe into Ghosn’s wealth, report says – Automotive News: The French fiscal administration has launched an in-depth probe into the wealth of former Renault-Nissan Chairman Carlos Ghosn, French …
- Daimler Slashes Outlook on Fresh Diesel Allegations – WSJ: Shares of Daimler fell almost 5% after the maker of Mercedes-Benz luxury cars issued a profit warning late Sunday related to a government recall of vehicles …
- Glare Falls on Nissan’s CEO as Ghosn Fallout Spreads – New York Times: Nissan’s chief executive, Hiroto Saikawa, is in the toughest fight of his corporate life. And it’s all Carlos Ghosn’s fault. At least that’s what Mr. Saikawa …
- Hong Kong stocks steady as investors await trade talks – Reuters: … were China Gas Holdings Ltd up 5.92%, followed by ANTA Sports Products Ltd , gaining 4.43%, and Dongfeng Motor Group Co Ltd , up by 2.73%.
- Chinese Rare-Earth Magnet Producer to Expand as EV Demand Booms – Bloomberg: Industries around the world producing a host of electrical appliances will increasingly be forced to compete for rare-earth magnets with China’s …
- Five things to know ahead of Nissan’s shareholders meeting – Nikkei: Nissan Motor will put its governance reform plan to a vote at its 120th annual general shareholders meeting on Tuesday. The reforms are …
- Daimler profit warning weighs on European shares, eyes on G20 – Reuters: A profit warning from Mercedes-Benz maker Daimler dampened European stock markets early on Monday, as investors looked for direction to a keenly awaited G20 summit this week that brings U.S. and Chinese leaders together after a long lull in talks.
- Daimler Warns on Diesel Troubles – Bloomberg: It’s the third profit warning in a year from Daimler. The automaker is blaming a bigger than expected hit from the diesel emissions scandal. Shares have fallen …
- Ex-Nissan execs Ghosn, Kelly attend pre-trial conference procedures at court – Mainichi: Former Nissan Motor Co. Chairman Carlos Ghosn and former executive Greg Kelly, who are under indictment on charges of underreporting …
- Fiat, Renault hoping merger talks will restart, report says – Automotive News: Renault executives are optimistic that the outcome of Nissan’s shareholder meeting this week will spur new merger talks with FCA as support for a …
- Town to trial self-driving cars for 6 months, longest ever in Japan – Mainichi: A town in the central Japan prefecture of Fukui began an experiment Monday to transport residents and tourists using …
- Toyota moves up plan to have dealerships sell full range of models – Mainichi: Toyota Motor Corp. will start selling the full range of its models at all of its dealership across Japan from next spring, sources close …
- Ford-VW could rank among AV leaders – Automotive News: … a startup founded by an all-star cast including former Google engineer Chris Urmson and former Tesla Autopilot program director Sterling Anderson.
- Hyundai Palisade joins the hunt for family fun – Automotive News: To inspire the designers working on Hyundai’s biggest and boldest crossover, design chief Chris Chapman asked his …
- Windsor plant’s future depends on FCA’s minivan strategy – Automotive News: Fiat Chrysler Automobiles must grapple with whether to continue its two-minivan strategy as sales decline in North America and as the Dodge Grand …
- Canada needs a transition plan as it moves from assembly to r&d – Automotive News: GM plans to build a track on part of the site, providing a place to test the … employ only 300 when it transitions into a parts plant for GM and other suppliers. … Instead, they must be proactive to maintain Canada’s auto-manufacturing …
- Akio Toyoda seasoned by decade of fire – Automotive News: Akio Toyoda marks ten years at the helm of Toyota this month, seasoned by a decade of turbulence at the company.
- Nvidia, Volvo forge partnership for AV trucks – Automotive News: Volvo Group and Nvidia last week outlined an agreement to develop autonomous technology for the trucking industry.
- Mitsubishi chief Osamu Masuko says Nissan, Renault, Mitsubishi partnership is stronger than going solo – Automotive News: Mitsubishi Chairman Osamu Masuko defended his company’s alliance with Nissan and Renault amid a barrage of shareholder skepticism, saying the …
- Chevy’s diesel Silverado seeks to grab pickup mpg crown – Automotive News: Heating up the sales race between the Chevrolet Silverado and Ram pickups this year will be a battle for the fuel-economy crown held by the Ford F-150.
- FCA screens to offer pizza, gas payments – Automotive News: FCA is jumping into the world of in-vehicle transactions this year with Uconnect Market, which will enable users to order pizza, make restaurant reservations, pay for gasoline and parking and schedule vehicle service.
- Mini rescue plan provokes lawsuit amid store closures – Automotive News: BMW’s effort to shore up dealer profitability for its Mini brand is not going over well with some U.S. retailers. Just ask David Peterson, past chairman of the dealer council, whose store has closed.
- Behind the scenes, Subaru races to boost quality – Automotive News: Internal documents from Japan reveal finger-pointing at workers, suppliers and designers amid a scramble to get the house in order.
- Subaru’s stubborn streak of low U.S. grades – Automotive News: U.S. sales continue to soar, but a streak of low scores on quality hangs over the brand, as evidenced by the latest J.D. Power Initial Quality Study.
- Drugs in Ford trunks not a factory option – Automotive News: Authorities believe a large shipment of methamphetamine found in Ford vehicles in December and January was the result of a logistical mistake by the …
- Plummeting cobalt price takes toll on Democratic Republic of Congo – FT: a key metal in electric cars – has plummeted 65 per cent over the past year, putting a strain on the economy of the world’s …
- Ford has recycled thousands of tons of plastic – Autocar: