- Vehicle sales of Volkswagen brand VW decline in July – Xinhua | English.news.cn – Xinhuanet: Vehicle sales of VW, the core brand of German carmaker Volkswagen, declined year-on-year by 3.3 percent to 489,000 in July, …
- Porsche adds plug-in hybrid option to Cayenne coupe – Automotive News: Adding new plug-in hybrids to the Cayenne range allows Porsche to boost performance without increasing emissions.
- Tencent’s Revenue Misses as ByteDance Chips Away at Ad Growth – Bloomberg: Tencent can still accelerate growth in the second half, riding hits like … offer third-party services from ride-hailing and food delivery and bike sharing.
- The real solution to saving U.S. automakers isn`t tariffs, it`s empowering workers – Washington Post: Why only a new production system can boost innovation and competitiveness for the fabled Big Three.
- The richest car sale of the year: $380 million of wheels set for auction at Pebble Beach – CNBC: For the wealthy collectors who converge from across the globe on Monterey Car Week, the biggest spectator sport over the weekend is the auctions.
- UAW members are preparing to live on $250 a week. Here’s why – Freep: UAW and automakers view the current contact negotiations as tough and volatile. UAW see Ford as reasonable ally. GM dominates strike talk.
- China’s Meituan Dianping builds mapping service – Reuters: It is among a breed of Chinese tech upstarts, alongside video-streaming app TikTok’s owner Bytedance and ride-hailing giant Didi Chuxing, that have …
- Tencent Beats Estimates Thanks to Breakout Hit Peacekeeper Elite – Bloomberg: lite apps that allow access to services from other companies, including ride-hailing, food delivery and bike sharing.
- Slovakia’s car-reliant economy slows sharply as trade wanes – Reuters: Slovakia’s economy, dominated by car manufacturing, slowed unexpectedly in the second quarter when it expanded by 1.9% year-on-year, down from a 3.7% …
- The Rise of the Virtual Restaurant – New York Times: Since 2017, the ride-hailing company has helped start 4,000 virtual restaurants with restaurateurs like Mr. Lopez, which are exclusive to its Uber Eats …
- China government think tank presses for 2025 CO2 cap – Reuters: An influential Chinese think tank is calling on the government to set absolute caps on climate-warming greenhouse gas to ensure the country is on course for emissions to peak by the end of the next decade.
- How Bosch aims to win in electrified era – Automotive News: Right now ride-hailing volume is still relatively moderate, but if a mobility services player gets to the point where it wants to buy 250 to 500 vehicles a …
- Chinese AI start-up DeepBlue takes self-driving buses global – FT: Manufacturer benefits from Beijing’s push to foster leaders in artificial intelligence.
- The US and China Play a Game With No Winners – Bloomberg: For those who haven’t seen that movie, the game of chicken involves two cars driving toward a cliff. The first one to veer away or jump out of his car is …
- China’s slower retail sales growth in July mainly due to weaker autos – statistics bureau – Reuters: China’s slowing retail sales growth in July was due mainly to weaker auto sales, a spokeswoman from the statistics bureau said on Wednesday, after the country reported a 13th consecutive month of decline in its vehicle market in July.
- China’s economy worsens in July, industrial growth at 17-year low as trade war escalates – Reuters: China’s economy stumbled more sharply than … most evident in slumping auto sales but also in property-related spending on …
- Honda to end car production in Argentina in 2020 – Mainichi: Honda Motor Co. said Wednesday it will end car production in Argentina next year as part of efforts to streamline its global …
- China auto sales in July on track for worst year in history – Nikkei: