- BP Chargemaster installs ultra-fast charging points for electric cars in London – CNBC: BP Chargemaster has installed two 150 kilowatt (kW) ultra-fast chargers at a BP site near Heathrow Airport, London. In an announcement Thursday, …
- Chinese automakers use Europe-based r&d centers as springboard to bigger plans – Automotive News: The latest wave of design and engineering centers set up by Chinese automakers across Europe is aimed at gaining prestige, better understanding market requirements, learning the complicated ins and outs of homologation and forging ties with new suppliers.
- Chevy’s midengine Corvette Stingray, with 3 trims, priced from $59,995 – Automotive News: More horsepower and an automatic transmission are standard, but buyers will have to spend at least $7,300 more to get the front-suspension lift system touted at the car’s unveiling.
- Relentless rise of consumer debt in Russia fuels bubble fears for some – Reuters: Natalia Leontyeva, a Siberian sales manager, bought a second hand car in 2013 with a loan worth about four monthly salaries. She now owes the equivalent of at least four years of earnings, one of a growing number of Russians struggling with debt.
- Slovakia’s car-reliant economy slows on global downturn – Automotive News: Slovakia’s economy, dominated by automakers including Volkswagen Group, PSA Group, Kia and Jaguar Land Rover, slowed …
- Rise of Electric Cars Threatens to Drain German Growth – Wall Street Journal: Officials and executives in Germany fear the country’s big car companies and rich ecosystem of suppliers and service providers are insufficiently …
- Malaysia’s used car bidding platform in talks to raise $40m – Nikkei:
- Self-driving startup eyes China’s $400bn ‘last-mile’ delivery market – Nikkei:
- Nio cofounder quits in blow to Chinese electric vehicle start-up – FT: Nio, China’s top electric car start-up by funding, has been hit by the departure of one of its founders after financial pressures led the company to cut its …
- Norway’s Electric Car Revolution Spearheaded by the Richest – Bloomberg: The perks of owning an electric car in Norway — one of the world’s largest markets for electric cars — are mostly enjoyed by the richest.
- Chinese automakers Europe-based r&d centers as springboard to bigger plans – Automotive News: Chinese automakers are investing in new design and engineering operations in the region to gain the prestige and competitiveness they need to succeed.
- Japanese car sales in S.Korea post double-digit fall amid trade dispute – Xinhuanet: Meanwhile, auto production expanded 17.4 percent from a year earlier to 359,554 in July, and the auto export grew 11.6 percent to 215,927 last month …
- SGL shares slump as CEO quits, earnings decline – Reuters: Shares in Germany’s SGL Group were down 14.5% in early trade after the maker of carbon fibres for auto parts said its chief executive would quit and its …
- Magna opens $50 million Michigan factory geared toward cameras – Automotive News: Fourteen years ago, it took vision to see the promise of rearview cameras in the auto industry. Regulators hadn’t set any …
- OCBC, Have You Told the President? – Washington Post: Southeast Asia’s largest independent automotive group controls half of Indonesia’s car … No wonder auto financing is Permata’s core competence.
- Tesla exec turnover worse among Musk reports, analyst says – Automotive News: Tesla’s executive turnover is higher than major Silicon Valley-based technology companies and is particularly acute among those reporting to CEO Elon Musk, …
- Polestar 2 gets audio system that’s like glasses for your ears – Automotive News: ANE Rising Star Mathias Johansson’s company, Dirac, has taken on a new challenge: optimizing the audio in the Polestar 2 full-electric car.
- GM’s OnStar facing social media backlash over baby in locked car in Florida – The Detroit News: Frantic mom calls OnStar for help getting baby out, but OnStar tells her account has expired and only way to activate system is inside vehicle
- Former UAW official becomes 9th person charged in corruption probe – Automotive News: Michael Grimes is the first former union official not connected to either the UAW-Chrysler National Training Center or the union’s FCA department to be charged in the widening federal investigation.
