- France’s Macron hopes Renault and Nissan will strengthen their alliance – Reuters: French President Emmanuel Macron said on Wednesday he wanted Renault and Japan’s Nissan Motor to strengthen their alliance, with an …
- For automakers, new tech represents ‘profit deserts’ – Automotive News: Electric vehicle sales, he says, will remain low, averaging just 14,000 units sold per EV model through 2022. That’s a far cry from what automakers …
- Analysis | The Energy 202: Here’s why automakers are so eager to extend electric car tax breaks – Washington Post: THE LIGHTBULB. Tesla electric automobiles sit charging. (Jasper Juinen/Bloomberg). General Motors, Tesla and a fleet of other car manufacturers are going …
- The Energy 202: Here’s why automakers are so eager to extend electric car tax breaks – Washington Post: Oil and gas companies, said electric car proponent Rep. Daniel Kildee (D-Mich.), “prefer a world where every vehicle spews greenhouse gases, and …
- Hyundai Motor signs MoU with Saudi Aramco for hydrogen, nonmetallic materials cooperation – Xinhua | English.news.cn – Xinhuanet: South Korea’s biggest automaker Hyundai Motor Company said Wednesday that it signed a memorandum of understanding (MoU) …
- Capital structure with Nissan not up for discussion, Renault chairman says – Nikkei:
- Starsky Robotics reaches self-driving milestone – Automotive News: The autonomous trucking company removes the safety driver and sends its big rig on a 10-mile run along a Florida highway.
- Macron says France to be vigilant over Carlos Ghosn’s rights – Reuters: President Emmanuel Macron said on Wednesday France would remain vigilant that Carlos Ghosn’s presumption of innocence and the former Renault-Nissan leaders’ rights to defend himself in a Japanese lawcase are respected.
- Florida’s latest oddity: Semi trucks with nobody inside them – Washington Post: At first glance, the 18-wheeler, white with green lettering crawling down its side, looked like any other heavy-duty truck on the road. The vehicle …
- Frackers Go Electric as Low Natural Gas Prices Spur Fuel Switch – Bloomberg: ”I liken it to a diesel-powered car with all the parts moving and the susceptibility to failure versus the electric motor that runs in your refrigerator,” Josh …
- Americans demand climate action (as long as it doesn’t cost much) – Poll – Reuters: Nearly 70 percent of Americans, including a … cutting carbon emissions from power plants, moved to weaken vehicle fuel …
- VW, FCA risk big EU emissions fines in 2021, study shows – Automotive News: Volkswagen and FCA could face penalties of up to $2.08 billion and $847 million, respectively, if they fail to meet the European Union’s emissions targets set for 2021, according to a study.
- China’s Didi expands partnership with automaker GAC Group – Reuters: Chinese ride-hailing giant Didi Chuxing said on Wednesday it would expand its partnership with Guangzhou Automobile Group Co Ltd (GAC Group) to areas such as ride-hailing operations and autonomous driving.
- Ford wants Puma to lure Mini buyers, challenge Europe`s small crossover leaders – Automotive News: Ford aims to pull customers away from BMW’s premium Mini brand with the new Puma, the company”s first small crossover developed specifically for European buyers.
- Tesla loses its VP of production: Electrek – Reuters: Tesla Inc’s vice president of production in charge of all vehicle manufacturing at Fremont factory, Peter Hochholdinger, is not at the automaker anymore, news …
- Chevy is working on a truck that could be the first pickup to top $100,000 – CNBC: Chevy is just rolling out an all-new version of its heavy-duty Silverado with the new High Country trim package that could become the first U.S. pickup to top $100,000, Chevy truck marketing chief Sandor Piszar said in an interview.
- Traton expected to price toward lower end of rang – Reuters: Volkswagen’s truck unit Traton is expected to price toward the lower end of the marketing range in this week’s initial public offering, people close to the matter said.
- BMW slow to heed German call for battery champions – Automotive News: BMW has expressed little enthusiasm to back a push by Germany to establish battery cell production in Europe, slowing a plan to create an industry that could …
- Japan Ministry Says It Had No Role in Failed Renault-Fiat Talks – Bloomberg: Japan’s trade ministry said Wednesday it didn’t play a role in the breakdown of merger talks between Renault SA and Fiat Chrysler Automobiles NV earlier this …
- Abe, Macron to issue 5-year cooperation plan after talks in Tokyo – Mainichi: Meanwhile, Nissan CEO Hiroto Saikawa said he will review the “unbalanced” capital structure of the alliance as Renault has a 43.7 percent stake in …
- Japan financial watchdog mulls fine for Nissan over Ghosn pay issue – Reuters: Japan’s markets watchdog will likely recommend that the financial regulator fine Nissan Motor Co up to 4 billion yen ($37 million) over the alleged underreporting of former Chairman Carlos Ghosn’s compensation, a source said.
- The curious blocking of elonmusk.today – FT: The subject, however, was a controversial one. He decided to document the bold, unrealised projections of Elon Musk, Tesla’s chief executive. A man …
- Macron calls for synergies, alliances to strengthen Renault-Nissan – Reuters: French President Emmanuel Macron on Wednesday called for further synergies and alliances to strengthen the Renault-Nissan partnership in a global market.
- TDR Capital makes $2.4 billion offer for car auctioneer BCA Marketplace – Reuters: British private equity firm TDR Capital has offered to buy car auctioneer BCA Marketplace for about 1.91 billion pounds ($2.42 …
- Woodford-Backed Used-Car Seller BCA Accepts $2.4 Billion Bid – Bloomberg: TDR Capital LLP agreed to buy BCA Marketplace Plc, a U.K. online used-car seller backed by troubled Woodford Investment Management Ltd., for 1.9 …
- TDR Capital to buy car auctioneer BCA Marketplace for $2.4 billion – Reuters: British private equity firm TDR Capital on Wednesday said it offered to buy car auctioneer BCA Marketplace for about 1.91 billion pounds ($2.42 billion).
- VW Group, FCA risk big EU emissions fines in 2021, study says – Automotive News: Volkswagen Group and Fiat Chrysler Automobiles could face penalties of up to 1.83 billion euros ($2.08 billion) and 746 million euros, respectively, if they fail to …
- Honda clips the competition with world’s fastest lawn mower – Nikkei:
- Product blitz to test Ford quality gains – Automotive News: Six years ago, Ford Motor was languishing near the bottom of J.D. … Hinrichs, who had recently taken over as Ford Motor’s president of the … The Ford and Lincoln brands combined for 10 models ranked among the top …
- FCA extends Windsor minivan plant’s third shift by 3 weeks for fleet order – Automotive News: Fiat Chrysler plans to eliminate the third shift at its Windsor, Ont., minivan plant on Oct. 21, three weeks later than originally planned, …
- Regulator mulls fining Nissan 2.4 bil. yen for Ghosn pay report – Mainichi: Japan’s securities watchdog is considering fining Nissan Motor Co. at least 2.4 billion yen ($22 million) over allegations the automa.
- Large carmakers including Volkswagen, FCA could face 2021 EU emissions fines: study – Reuters: Volkswagen and FiatChrysler could face penalties of up to 1.83 billion euros ($2.08 billion) and 746 million euros respectively, if they fail to meet the European Union’s emissions targets set for 2021, according to AlixPartners.
- Europe’s Tough New Emissions Rules Come With $39 Billion Threat – Bloomberg: Time is running out for carmakers in Europe. Just six months out from stiff new emissions rules, the industry is facing up to an estimated 34 billion euros ($39 …
- Read the email from Elon Musk to Tesla employees, pushing them to hit aggressive goals – CNBC: Tesla CEO Elon Musk sent out another email to his employees, pushing them to aim for a record number of vehicle deliveries to end the second quarter of 2019.
- Audi refreshes Q7 – Autocar: Audi isn’t talking final power or efficiency numbers as yet but the 48-volt electrical system can reduce fuel consumption by up to 0.7L/100km and feeds …
- Tesla Has Enough Orders to Set Delivery Record, Elon Musk Says – Bloomberg: Tesla Inc. could be on the verge of setting a quarterly record for vehicle deliveries, though the electric-car maker will need to go “all out” in the last few …
- Apple buys self-driving car startup Drive.ai – Reuters: Apple Inc on Tuesday confirmed that it has acquired self-driving shuttle firm Drive.ai.
- Cars.com survey finds some of the most American cars in 2019 are mostly Japanese – CNBC: A title the company has now held for three years running. … The number of car models assembled in the U.S. also held steady from the 2018 to the …