- Ford plans to sell 600,000 VW-based EVs in Europe – Automotive News: Volkswagen will supply MEB parts and components for the EV. … The cooperation with VW on electric vehicles in Europe is part of Ford’s previously …
- Ford will develop electric car on VW platform in Germany – Automotive News: Volkswagen will supply MEB “parts and components” for the EV. Ford plans to deliver over 600,000 MEB-based vehicles in Europe over a six-year …
- VW CEO says Ford will pay ‘set by set’ to use MEB Eelectric vehicle platform – Reuters: Ford CEO Hackett says Ford, Volkswagen will share data generated by self-driving software company Argo AI …
- How Trump could use tariffs to fight back against France’s tax on US technology giants – CNBC: Ahead of the tax’s passage, the Office of the U.S. Trade Representative … China as the world’s two largest economies try to avoid a widening trade war. In May, his administration delayed tariffs on EU cars and auto part imports by up …
- July 12, 2019 | Truck war is heating up – Automotive News: Every Friday morning, Automotive News Publisher Jason Stein shares his perspective on some of the burning issues affecting the auto industry.
- Small Cars Are Being Driven Out of Existence – Bloomberg: The last VW Beetle rolled off the production line this week and the Up! and the Polo are under threat. The triumph of the SUVs is not great news.
- Ford, Volkswagen join forces on electric, autonomous cars – Reuters: Ford Motor Co and Volkswagen AG joined forces to develop autonomous and electric cars on Friday and said they were also looking at other areas of cooperation, deepening a global alliance to slash development and manufacturing costs.
- Sri Lanka’s car-free day sparks debate over women’s safety – Reuters: NEW DELHI, July 12 (Thomson Reuters Foundation) – When Colombo’s mayor announced Sri Lanka’s congested capital would go car-free this …
- Connecting Lyft or Uber with public transit could bring data risks – Axios: … way to communicate rules to a 21st century vehicle, says Avery Ash, head of autonomous mobility at INRIX, a transportation data company.
- Prepare for sticker shock if you haven’t shopped for a new car lately – CNBC: Six years ago, the average APR for new-car loans was 4.1%. Applied to the then-average amount financed, $26,940, a borrower would have paid …
- Arctic wildfires in June equivalent to Sweden’s annual emissions: U.N. – Reuters: Arctic wildfires, some the size of 100,000 soccer pitches, emitted as much carbon dioxide (CO2) last month as the country of Sweden does in a whole year, the World Meteorological Organization (WMO) said on Friday.
- Russia delivers missile system to Turkey in challenge to NATO – Reuters: Russia began delivery of an advanced missile defence system to Turkey on Friday, a move expected to trigger U.S. sanctions against a NATO ally and drive a wedge into the heart of the Western military alliance.
- VW investment vaults Argo into top ranks of self-driving firms – Reuters: VW investment vaults Argo into top ranks of self-driving firms … The value of autonomous-driving startup Cruise jumped to $19 billion earlier this year …
- Volkswagen investment vaults Argo into top ranks of self-driving firms – Reuters: Volkswagen investment vaults Argo into top ranks of self-driving firms … of just over $7 billion, one of the highest in the autonomous vehicles sector.
- Trump’s tariffs could drive up the cost of new ‘L’ cars the CTA ordered – Chicago Tribune: A monumental overhaul of the Chicago Transit Authority’s rail car line has gotten … The transit agency and the manufacturer of the new cars disagree about … CRRC Sifang America, a subsidiary of a Chinese rail car company, won a …
- Daimler warns of Q2 earnings well below expectations – Reuters: Luxury carmaker Daimler on Friday warned investors that it expected a second-quarter loss before interest and taxes of 1.6 billion euros ($1.80 billion) …
- EU antitrust regulators to okay E.ON, Innogy deal – Reuters: EU antitrust regulators are set to approve … stations for electric cars along Germany’s Autobahn motorway network.
- Ford and VW to Share Costs of Self-Driving, Electric Cars – New York Times: Ford Motor and Volkswagen said Friday they would team up to develop self-driving cars and share electric-car components, significantly broadening an existing …
- Column: Why the cobalt market needs Congo’s “illegal” miners – Reuters: However, for now they’re stuck with the stuff since nickel-manganese-cobalt chemistry remains the bedrock of passenger vehicle batteries, albeit with …
- China iconic brand Hongqi’s luxury SUV hits the market – Xinhuanet: China’s automaker FAW Group on Friday began selling the first C-Class sport utility vehicle (SUV) of its iconic …
- Webasto chief remains ‘optimistic’ about tough 2020 goal despite sales dip – Automotive News: Webasto has set itself a target of increasing sales to 5 billion euros by 2020, despite the end of its eight-year growth last year. Webasto Chairman Holger …
- McLaren arrive at Silverstone with talented team driving resurgence – Guardian: McLaren arrive at Silverstone with talented team driving resurgence … This week McLaren reasserted their confidence in him by extending the …
- German Companies ‘Are Losing Their Importance’ as Big Names Struggle – WSJ: Meanwhile, German blue chips from software maker SAP SE to industrial … In turn, the difficulties of large car makers have filtered down through the …
- A Fukushima Ghost Town Seeks Rebirth Through Renewable Energy – WSJ: At the end of a winding road through miles of barren land, construction is nearing completion on one of the world’s largest hydrogen plants.
- Classic Porsche, Rolls-Royce, and Ferrari Models Are Losing Steam – Bloomberg: Vintage Mercedes 280SE , Acura NSX, Mercedes Pagoda, and Ferrari 308 models are some of the worst performers on the classic car market.
- Volkswagen to inject $2.6 billion into Ford unit Argo AI – Reuters: Carmaker Volkswagen will inject $2.6 billion into Ford’s self-driving unit Argo AI at an overall valuation of $7 billion in the deal, a source close to the matter said on Friday.
- Volkswagen to build new plant in Turkey – Automobilwoche – Reuters: Automobilwoche ReutersGerman carmaker Volkswagen is planning to build a multi-brand production plant in Turkey, a German trade magazine reported on Friday without citing sources.
- India’s diesel demand set for detour as drivers switch to gasoline – Reuters: India’s strong diesel demand growth is decoupling from the car market as motorists increasingly turn to gasoline vehicles, leaving it more reliant on patchy …
- China considers limited support for petrol-electric hybrids in boon for Toyota, Honda – Reuters: Global hybrid leaders Toyota Motor Corp and Honda Motor Co Ltd would be among the biggest beneficiaries of such change, which could allow them …
- Why Carmakers Want You to Stop Buying Cars, Someday – Bloomberg: Those jumbles of electric scooters piled up on sidewalks in San Francisco, Seattle, Beijing or other digitally minded cities are more than just a mess. They’re the …
- India’s 3-wheeler passenger vehicle begins shift toward electric mode – Xinhuanet: The country’s domestic auto manufacturers produce around 1 million … U.S. dollars to customers on interest paid on loans to buy electric vehicles, with …
- Big profits, slowing sales make for tough UAW contract talks – Detroitnews: As Detroit automakers head into negotiations next week with the UAW, the union is expected to be less likely to bend on health care and wages
- Renault raided over Ghosn’s Versailles wedding party – Mainichi: French authorities have searched the head office of Renault SA in connection with a probe into a lavish 2016 wedding party at the Pal.
- A Ford-VW alliance with Argo could redraw self-driving sector – Reuters: An expanded alliance between Ford Motor Co and Volkswagen AG that includes a partnership in Ford self-driving unit Argo AI could redraw the balance of power in autonomous vehicles.
Friday Morning Auto News, Jul 12, 2019
July 12, 2019 By
