- Study finds consumers not fully sold on future of AVs, EVs – Automotive News: J.D. Power’s first Mobility Confidence Index Study, a collaboration with SurveyMonkey, found low consumer confidence in the future of autonomous vehicles and middle-of-the-road confidence in electric vehicles.
- Fiat Chrysler’s Europe arm forecast to have ‘break-even’ Q2; long-term outlook less positive – Automotive News: Fiat Chrysler expects to restore profitability in Europe by the fourth quarter or earlier through measures that include restructuring and inventory reduction.
- Ford acquires defense contractor to help get AVs on the road – Automotive News: Ford Motor Co. paid an undisclosed sum to acquire Quantum Signal AI, a 40-member team of roboticists operating out of a decommissioned 1930s-era high school near Ann Arbor, Mich.
- GM braces for attacks from Democrats in Detroit debates – Automotive News: The automaker preemptively released two fact sheets on its U.S. operations and details about its 2009 U.S. government bailout ahead of the debates, which could feature Democrats using its job cuts to attack President Trump.
- Fossil-Free Energy Supply Gives Sweden Edge in Green Steel Race – Bloomberg: As the car industry switches to electrical vehicles, it’s likely to be interested in paying a premium for carbon-neutral materials and use them as a sales …
- Former UAW VP compared to captain of Titanic in plea for leniency – Freep: Norwood Jewell could get up to 18 months in prison when he faces a judge next month in Detroit for his role in UAW/FCA training center scandal.
- Relax, experts say it’s at least a decade before you can buy a self-driving vehicle – CNBC: Experts in the auto and tech industries say the challenges of perfecting self-driving vehicles will keep autonomous vehicles from taking off anytime soon, according to a J.D. Power survey.
- BMW and Audi Tell Mercedes-Benz: You Can Have Japan – Bloomberg: BMW AG and Audi AG will skip this year’s Tokyo Motor Show, leaving Daimler AG’s Mercedes-Benz as the only major foreign luxury carmaker to …
- SoftBank to pump second Vision Fund with proceeds from the first – Reuters: … money in disruptive start-ups in areas like financial technology, healthcare and transportation, including U.S. ride-hailing firm Uber Technologies Inc …
- Renault-Nissan-Mitsubishi loses top automaker spot in first half – Nikkei: Unit sales at the three-way automaking alliance of Renault, Nissan Motor and Mitsubishi Motors fell behind those of Volkswagen and Toyota …
- India’s ‘Uber for trucks’ eyes million drivers as it nears unicorn status – Nikkei:
- Toyota group marks highest 1st-half global sales in 2019 – Mainichi: Toyota Motor Corp. said Tuesday the company and its group automakers set a new group record for global auto sales in the first six mo.
- Switzerland helps Japan investigate Ghosn cases – Mainichi: Earlier this month, French authorities searched the head office of Renault in connection with a probe into Ghosn’s lavish 2016 wedding party at the …
- Peugeot boss points to perils of missing CO2 targets – FT: … a year, making it relatively small in an industry dominated by 10m-a-year titans such as Toyota, Volkswagen and the Renault-Nissan alliance.
- How hydrogen could help decarbonise the global economy – FT: Hydrogen has been touted by scientists and companies as a potential “clean” replacement for fossil fuels such as natural gas as it does not produce …
- Tesla to Pay China $323 Million a Year in Tax for Factory Site – Bloomberg: Tesla Inc. agreed to pay China 2.23 billion yuan ($323 million) in tax every year as part of a deal with local authorities to build an electric-vehicle factory on the …