- How autopilot was born a century ago – CNBC: When one pilot lifted his hands in the air and the other walked out onto the wing it was the first public demonstration of autopilot. In the plane that day …
- Volkswagen plant in Chattanooga hires new CEO – Washington Post: A Volkswagen plant in Tennessee is getting a new chief executive who in the coming months will work on an $800 million expansion and will oversee two …
- A big Tesla skeptic on Wall Street raised his estimate for second quarter earnings – CNBC: One of Tesla’s Wall Street skeptics now sees it headed to a nearly profitable second quarter earnings report.
- Why Oliver Zipse emerged as the new BMW CEO – Automotive News: Oliver Zipse”s powers of persuasion, evident from his patient explanations with detail to reporters, will be in demand after predecessor Harald Krueger”s wavering produced unhelpful divisions on BMW”s management board.
- Car loans mean banks don’t need high interest rates to rake in cash – Axios: Ally Financial was the latest bank to declare a major profit windfall in its second quarter earnings report, as the U.S. banking industry’s largest auto …
- Desperate to cut emissions, auto makers drive rhodium to 11-year high – Reuters: The price of rhodium, a precious metal used to curb harmful emissions from vehicle engines, has rocketed to its highest since …
- Merkel favours carbon pricing to meet environmental targets – Reuters: Chancellor Angela Merkel said on Friday she favoured carbon prices to incentivise savings in climate-damaging emissions, as Germany struggles to meet its 2030 environmental targets.
- Toyota, China’s BYD team up to develop battery EVs – Reuters: Toyota Motor said it would develop battery electric vehicles (EVs) and batteries with BYD Co Ltd, in a sign it was ramping up partnerships with Chinese players as planned to build affordable EVs for the world’s top auto market.
- Toyota Teams Up With China`s BYD on Electric Vehicles – Bloomberg: Toyota Motor Corp. and BYD Co. agreed to jointly develop electric vehicles in China, the latest in a series of deals between a major global automaker and …
- China`s Biggest Carmaker Braces for Its First Annual Sales Drop – Bloomberg: SAIC Motor Corp. expects annual sales to fall for the first time in at least 14 years as China’s biggest automaker battles through a slump in demand roiling the …
- Nippon Express, Volvo to conduct advanced tests of self-driving truck – Mainichi: Nippon Express Co. said Friday it will jointly conduct tests of a highly autonomous truck next month in Hokkaido with a Japanese unit.
- Japan’s Kawasaki set to trial Australian hydrogen exports in 2020 – Reuters: Japan’s Kawasaki Heavy Industries on Friday began building facilities in Australia to liquefy and ship hydrogen, aiming to …
- GM flexes engineering muscle with radical Corvette overhaul – Automotive News: The digital vehicle platform that is the bedrock for GM’s future electronics technologies. GM says it reduces wiring and allows for faster signal …
- A C8 Corvette Q&A with GM President Mark Reuss – Detroit Bureau: That will launch it from 0 to 60 in “under 3 seconds” announced General Motors President Mark Reuss, while the base price of the new two-seater will …
- Toyota`s $2 Billion Pledge Revs Up Indonesia`s Electric Car Push – Bloomberg: Toyota Motor Corp. will lead 50 trillion rupiah ($3.6 billion) in investments that global carmakers have pledged to plow into Indonesia’s electric-vehicle program …
- Aston Martin’s biggest investor offers to buy another 3% stake – Reuters: The biggest investor in Aston Martin (AML.L) offered on Friday to buy another 3% stake in the luxury carmaker, whose shares …
- IEA does not expect “huge increase” in crude prices – executive director – Reuters: Global electric vehicle push won’t hurt near-term crude demand (Adds … NEW DELHI, July 19 (Reuters) – The International Energy Agency (IEA) …
- Japan tensions add to woes of South Korea’s troubled auto sector – Nikkei:
- BMW picks “decisive” new CEO to catch up with rivals – Reuters: BMW named Oliver Zipse as its new chief executive late on Thursday, praising his “decisive” qualities after the luxury carmaker lost its edge in electric cars and ceded the premium sales crown to Mercedes under his consensus-seeking predecessor.
- GM’s mid-engine Corvettes roar onstage to take on Europeans – Reuters: General Motors Co unveiled on Thursday its newly designed mid-engine 2020 Corvette in a splashy tribute to its emblematic sports car, even as the No. 1 U.S. automaker faces mounting pressures in a sluggish and uncertain global sales environment.
- Corvette goes mid-engine for first time to raise performance – Washington Post: Through June, the company sold just under 10,000 of them. But industry analysts say the car helps the company’s image, showing that it can build a …
- America’s Sports Car, the Corvette, almost didn’t survive the Great Recession – CNBC: The original Corvette was intended to be a flashy concept vehicle, but the design proved so popular GM rushed to put it into production.
- Tencent to Team Up with BMW on Self-Driving Cars in China – Bloomberg: Tech-giant Tencent Holdings Ltd. will partner with BMW AG to help develop self-driving vehicles in China.
- BMW, Tencent to open computing center in China for self-driving cars – Reuters: German automaker BMW and Chinese online gaming giant Tencent Holdings are teaming up to launch a computing center in …
- Mitsubishi expands exports of Indonesia-made Xpander minivans – Mainichi: Mitsubishi Motors Corp. is stepping up exports of Xpander minivans from Indonesia on the back of robust overseas demand and is cons.
