- Toyota Is a Haven in the Auto Storm – Wall Street Journal: The world’s top auto maker by market value makes profits as efficiently as it makes cars, and is now investing more in future technology too.
- Germany Turns to Hydrogen in Quest for Clean Energy Economy – Bloomberg: Hydrogen, overlooked for decades by Germany’s energy planners, is gaining ground as alternative to fossil fuels as the nation scrambles to recover …
- Uber and Lyft Investors Are Looking for Signs of a Detente – Bloomberg: Even if a ride costs more, will enough people be willing to summon a car, instead of just walking or taking public transportation? That’s a pathway to …
- Reality is going to stall for some time the advent of driverless cars – Washington Post: Autonomous car predictions are overly optimistic. Questions include how soon, how beneficial and to what degree American cities, urban land use, …
- We`ve Blamed Traffic Deaths on Bicyclists Since 1880. What About Drivers? – New York Times: On an early October evening in 1880, 17-year old Mary Porter was on horseback, returning home from Prospect Park in Brooklyn, when a nearby coachman lost …
- Honda first-quarter operating profit drops 16% on lower U.S. car sales – Reuters: Japan’s Honda Motor Co reported a 16% drop in first-quarter operating profit on Friday, as a stronger yen weighed on overseas earnings and U.S. …
- Honda reports profit drop on yen, declining US, India sales – Washington Post: Japanese automaker Honda reported Friday a 29% decline in fiscal first quarter profit as an unfavorable currency exchange and declining …
- The $20 Million Nazi Porsche That May Not Be a Porsche at All – Bloomberg: “It’s not,” says Andy Prill, a mechanical engineer and owner of Prill Porsche Classics in England. “This is one thing I’ve been at pains to point out to …
- UK Insurers to Weigh Stock Market Disorder Caused by Climate – Bloomberg: Car makers would also suffer as traditional engines are scrapped in favor of electric vehicles. Another scenario envisions an orderly transition and …
- Toyota cuts profit forecast on yen strength despite robust first quarter – FT: Toyota has warned that its annual operating profit will fall for the first time in four years as the US-China dispute drives the yen higher.
- Toyota posts 8.7% rise in first-quarter operating profit, boosted by better sales – Reuters: Toyota Motor Corp posted on Friday an 8.7% rise in first-quarter profit due to a slight increase in global vehicle sales and an improvement in marketing costs
- Kia counts on electric-car push to meet CO2 target – Automotive News: Kia counts on electric-car push to meet CO2 target … Without battery-electric and plug-in hybrid vehicles, it will be almost impossible … Kia needs to sell 40,000 full-electric cars in Europe in 2020 to reach the CO2 target, Herrera said.
- Dongfeng PSA racks up $363 million first-half loss – Automotive News: Deliveries plunged 60 percent to 63027 in the first half for Dongfeng PSA Peugeot Citroen Automobile, PSA Group’s joint venture with Dongfeng Motor.
- Feature: 100 new Chinese-made electric buses arrive in Chile – Xinhuanet: The BYD-brand buses are equipped with Wi-Fi, USB ports, air-conditioning and other amenities, boasting better passenger experience than traditional …
- Michigan auto sector looks to defense industry as sales slow – The Detroit News: Michigan business leaders and governments officials say Michigan is poised to become a defense leader in the Midwest