- Aston Martin Reports Loss on Lower Sales Prices, Expansion Costs – Bloomberg: Aston Martin Lagonda swung to a first-half operating loss due to lower vehicle pricing and higher spending, a week after the luxury carmaker revised …
- Aston Martin Shares Are Now Down 75% Since Carmaker Went Public – Bloomberg: Aston Martin Lagonda shares are now worth less than a quarter of what they were when the U.K. luxury car-maker went public 10 months ago.
- Audi`s Ex-CEO Stadler Charged With Fraud in Diesel Cheating – Bloomberg: Munich prosecutors charged former Audi Chief Executive Officer Rupert Stadler with fraud and other offenses as part of an investigation stemming from parent …
- Brexit meltdown? UK car investment tumbles but consumers resilient – Reuters: Investment in Britain’s car industry has slumped due to fears about a disorderly no-deal Brexit, adding to signs of a manufacturing …
- Congress seeks to jump-start stalled AV bill – Automotive News: The Alliance of Automobile Manufacturers — which represents General Motors, Volkswagen Group, Toyota Motor Corp. and others — praised the announcement and urged Congress to move quickly.
- Fiat Chrysler CEO says it has strong momentum into second half – Reuters: Fiat Chrysler enters the second half of the year with strong momentum, especially in North America and Latin America, Chief Executive Mike Manley said on Wednesday.
- Fiat Chrysler confirms year guidance on strong North America performance – Reuters: Fiat Chrysler reiterated its full-year profit guidance on Wednesday after operating profits topped expectations in the second quarter, thanks to record results in the North American market.
- Fiat Chrysler Jumps After Soaring Ram Sales Boost North America – Bloomberg: Fiat Chrysler Automobiles NV jumped the most in two months after soaring sales of its Ram pickup truck delivered higher profits in North America and offset …
- Ford’s first EV in China is called the Territory and it will be priced below $27,000 – Automotive News: Ford Motor Co. plans to launch sales of its first electric vehicle, a battery-powered version of the Ford Territory compact crossover, at a starting price of 199,000 …
- French state has form on Renault intervention – FT: When John Elkann, Fiat-Chrysler boss, walked away from his proposed merger with Renault in June because of what he saw as meddling by the …
- Getting under the hood of Amazon`s auto ambitions – Reuters: CanadaAmazon.com Inc is expanding its transportation prowess to do virtually everything short of building a car.
- GM faces declining sales and price wars in largest markets – Reuters: General Motors Co’s investors will see on Thursday how the Detroit carmaker is weathering declining sales and mounting price pressures in its largest markets …
- Grab bets on Vietnam, Malaysia in bid for super app status – Nikkei: Leading Southeast Asian ride-hailing operator Grab is investing heavily in smaller regional startups as the SoftBank Group-backed …
- How the lithium mining buildup is outracing the electric-car boom – Automotive News: Prices for lithium, a key raw material in rechargeable batteries, have plunged as miners prepare to meet future demand and EV sales growth in China has …
- India Offers Its Idle Electric Vehicles to Taxis Fleets – Bloomberg: However, only 1,000 cars are on the roads as the state procurement process has been slow. That tender had been awarded to automakers Tata …
- J.D. Power set to be acquired by Autodata owner – Automotive News: J.D. Power CEO David Habiger said in a statement that the acquisition will help fuel growth for the firm known for its automotive quality awards and the Power Information Network. Terms were not announced.
- LEVC produces 2500th TX hybrid taxi in Coventry – Autocar:
- Mazda faces 70% operating profit drop as US sales hit skids – Nikkei: Mazda Motor is likely to report a roughly 70% year-on-year decline in operating profit for its first fiscal quarter, Nikkei has learned, reflecting …
- Panasonic posts bigger than expected 44% slump in first-quarter profit – Reuters: Japan’s Panasonic Corp reported on Wednesday a … Panasonic’s automotive component and factory equipment businesses, once …
- Pickups drive Fiat Chrysler to 14% profit hike – The Detroit News: Ram and Jeep Gladiator trucks fuel a strong quarter for Fiat Chrysler
- Prosecutors charge former Audi CEO Stadler over his role in emissions scandal – Reuters: Prosecutors have filed charged against former Audi Chief Executive Rupert Stadler, who is being investigated for his role …
- Rupert Stadler, Ex-Audi Chief, Charged With Fraud in Diesel Scandal – New York Times: German prosecutors on Wednesday charged Rupert Stadler, the former chief executive of Volkswagen’s luxury car division Audi, with fraud …
- SEC Seeks to Muffle a Mystery Troll With Crackdown on Fake News – Bloomberg: Elon Musk mocked it as the “Shortseller Enrichment Commission.” Billionaire Mark Cuban said it’s “useless.” Hedge fund legend Leon Cooperman called it …
- Stoltenberg says no NATO mission requested in Strait of Hormuz – Reuters: NATO Secretary-General Jens Stoltenberg said on Wednesday there had been no formal request for the military alliance to launch a mission in the Strait of Hormuz.
- There’s a $5600 Electric Makeover for Your Old Diesel Car – Bloomberg: About 5,000 euros ($5,600) are set to buy your 10-year-old combustion clunker an electric makeover-and offer a cut-price way to avoid driving bans …
- U.S. Congress seeks to jump start stalled self-driving car bill – Reuters: Two key committees in the U.S. Congress on Tuesday said they will revive efforts to pass long-stalled legislation to speed the adoption of self-driving cars.
- UK automakers say weak pound won’t offset Brexit tariffs – Automotive News: UK automakers won’t get enough of a sales boost from the weakening pound to offset European Union tariffs that would accompany a no-deal Brexit …
