- Five Things To Watch For at Tesla’s Annual Shareholders Meeting – Bloomberg: Tesla Inc. investors will be more anxious than usual to get an update from Chief Executive Officer Elon Musk on Tuesday at the company’s annual …
- Now that the hype around Uber’s IPO is over, it’s time to buy Lyft, analyst says in upgrade – CNBC: Susquehanna bumped its rating of Lyft’s stock to positive from neutral on Tuesday.
- India car sales post worst slump in 18 years in May amid weak economic growth – Nikkei:
- Feast Your Eyes on the Ugly Old Car Worth $1 Million – Bloomberg: The odd duck Lancia Delta S4 rally car has commanded a rabid following-and a shockingly high price tag.
- First stop SE Asia: SoftBank, Toyota’s autonomous car venture heads overseas – Reuters: * SoftBank considered making cars, settled on platform (Adds more details and quotes from interview)
- Saving the Planet With Electric Cars Means Strangling This Desert – Bloomberg: Batteries are by far the most expensive part of an electric vehicle, so mining more lithium to meet rising demand helps lower prices. Putting more …
- Israeli auto lidar maker Innoviz raises another $170 million – Reuters: Innoviz Technologies, an Israeli maker of laser-based lidar sensors for self-driving cars, said it raised $170 million in a private …
- Bentley Flying Spur grows, adds tech to rival Mercedes AMG S class, Maybach – Automotive News: Pricing was not released but will be announced closer to Monterey Car Week in August, where the Flying Spur is to make its North American debut.
- Tepco to debut electric vehicle chargers that hook to power poles – Nikkei:
- Auto companies don`t need government rules to build cleaner cars – Latimes: Why are car companies asking the Trump administration not to abandon pollution standards? They can just build cleaner products if they wish.
- Alibaba teams up with Audi, Renault and Honda on smart cars – Nikkei:
- SoftBank, Toyota autonomous car venture to launch in Southeast Asia next year – Reuters: The self-driving car joint venture of SoftBank Corp and Toyota Motor plans to begin operating in Southeast Asia next year, in its first …
- Ford sees help from startups as key to managing industry changes – Automotive News: Partnerships with mobility startups will be key to transforming the business, Ford’s executive chairman said at a mobility conference in Israel.
- Collapsing Vehicle Sales Point to Modi’s Growth Challenge – Bloomberg: Collapsing Vehicle Sales Point to Modi’s Growth Challenge … Passenger car sales declined 26% from a year ago, the sharpest fall across categories.
- Toyota No. 1; VW makes biggest gain in ranking of most valuable car brands – Automotive News: Toyota has held onto its title of the world’s most valuable car brand in a year in which only three automakers finished in the top 100 global brand list, …
- Risky Borrowing Is Making a Comeback, but Banks Are on the Sideline – New York Times: including mortgages, auto lending and some business loans – shadow banks have eclipsed traditional banks, which have spent …
- Nissan extends olive branch to Renault as relations hit new low – Automotive News: The implosion of Renault’s merger plans with FCA brought the conflict in the Renault-Nissan alliance into the open, with Nissan’s reluctance to …
- China Car Slump Extends to a Year as Local Brands Suffer – Bloomberg: China’s car sales declined for the 12th consecutive month, a historic slump that’s left manufacturers reeling as trade tensions and economic worries weigh on …
- Renault/Fiat case “is not closed” – French Transport Minister – Reuters: The situation regarding plans to merge Renault and Italian rival Fiat Chrsyler is not closed, said France’s transport …
- BMW gains ground in bid to improve the image of plug-in hybrids – Automotive News: BMW’s effort to improve the image of plug-in hybrids is gaining traction as it eyes expanding an emissions-reducing pilot program for the electrified …
- SoftBank’s winner-take-all strategy challenged by rival unicorns – Nikkei: But rivals appear to be defying the odds in ride-hailing, where the near $100 billion Vision Fund has made the biggest bets. Indonesia’s Go-Jek is …
- France’s Ucar offers new car service as competition intensifies – Reuters: French car hire service Ucar on Tuesday said users can now hire a new car with prices starting from 49 euros ($55.5) a month, amid intense competition in the sector.
- Do-Good Capitalism Has to Act as If the World Depends on It – Bloomberg: … including electric car maker Tesla Inc. and, more recently, vegan burger company Beyond Meat Inc., have made it to the public markets on their own.
- Divorce? Merger? Renault-Nissan Alliance Faces a Crossroads – Bloomberg: While Nissan is the largest partner in terms of vehicle output, Renault … While the automakers aren’t fully integrated, they share car platforms and …
- 2019 BMW GS Series Launch – GS Revival – Autocar:
- Switch to electric cars hit by ‘poor’ charging infrastructure – FT: To test the UK’s readiness for electric vehicles, David Wright, chief electricity engineer at National Grid, sent some colleagues on a 565-mile round trip …
- New Mercedes GLB revealed as family-friendly compact SUV – Autocar: Mercedes-Benz has revealed its new GLB compact SUV, which will rival the Audi Q3 and BMW X1 when it goes on sale in the UK later this year.
- Mercedes expands small crossover lineup with GLB – Automotive News: Mercedes will pad its lineup of compact premium crossovers — one of the fastest-growing light-truck segments — when the GLB, available with a third-row seat and slotted between the GLA and GLC, goes on sale in the last quarter.
- Uber Rival Bolt Relaunches in London After Two Years in Exile – Bloomberg: Bolt isn’t the only ride-hailing service London’s transit regulator has taken strict action against. In 2017, it withdrew Uber’s license over safety concerns.
- Gasoline prices get cheaper ahead of summer driving – Latimes: Hold up on buying gasoline for a week, and the price could drop by an average 16 cents a gallon nationwide. If you fill up a Ford Expedition, that’s a …