- Maruti Suzuki suffers worst monthly sales fall in seven years in July – Nikkei:
- GM posts flat profit, handily beats analyst expectations – Reuters: General Motors Co on Thursday posted a flat quarterly net profit that handily beat market expectations, helped by U.S. sales of high-margin pickup trucks, SUVs …
- Toyota spreads its bets across the transportation spectrum – Automotive News: From batteries and self-driving vehicles to lunar rovers and ride-hailing companies, Toyota is on an investment spree, pouring more than $3 billion into deals and partnerships in recent years.
- BP forms Chinese venture to build electric-vehicle charging hubs – Reuters: China is world’s biggest market for electric vehicles. * Venture to build about 200 hubs by end of 2020 – spokesman. LONDON, Aug 1 (Reuters) – BP …
- What a ‘socialist hero’ truck maker reveals about the China-US clash – Nikkei:
- Toyota faces Australian class action over claims of faulty diesel filters – Reuters: Australian lawyers filed a class action lawsuit against Toyota Motor Corp’s local unit on Thursday, claiming some models of the carmaker’s top-selling …
- Monster V8 engine to debut in Ford 2020 pickups in fall – Freep: Ford”s Super Duty trucks will get the massive gasoline-powered engine, one of the world’s biggest V8s, starting this fall.
- How Jaywalking Could Jam Up the Era of Self-Driving Cars – New York Times: With autonomous vehicles, the technical stuff will get worked out,” a former federal transit official said. “It’s the societal part that’s the most challenging.”
- Acura to revive Type S performance package with new concept – Automotive News: The Type S variants were last seen on Acura products in the 2000s, starting with the 3.2CL Type S in 2001 and ending with the TL Type S in 2008. Honda’s concept will be unveiled at Monterey Car Week.
- How the Fed’s interest-rate cut helps Trump wage his trade war – Washington Post: At the same time, the trade war is a reality of the U.S. economy and the … “no clue at all about the trade and tariff regimes auto exports to and imports …
- Getting under the hood of Amazon’s auto ambitions – Automotive News: While Amazon CEO Jeff Bezos has said little about the company’s automotive ambitions, the strategy is aimed at leveraging Amazon’s strengths in logistics, …
- BMW CEO says hopes Boris Johnson will listen to business as Brexit looms – Reuters: BMW’s Chief Executive Harald Krueger on Thursday said he hoped that British Prime Minister Boris Johnson would consider business interests as he prepares to negotiate Britain’s exit from the European Union.
- BMW appeal against limit on car plant aid rejected by top EU court – Automotive News: The German government had planned to grant 45 million euros ($50.1 million) toward the project, but the Commission ruled any amount exceeding 17 million …
- Siemens expects automotive weakness to linger well into 2020 – Reuters: Siemens (SIEGn.DE) expects the downturn from customers in the automotive and machine building industries to continue well into …
- Mazda Q1 profit disappoints, hurt by weak U.S., China sales – Reuters: * Strong yen vs euro, Australia dollar also hurts profit (Adds results details)
- Ford warns no-deal Brexit risk has risen – Reuters: Ford warned on Thursday that the chances of a no-deal Brexit has risen in the last few months as new Prime Minister Boris Johnson ramps up preparations for a possible disorderly exit in October.
- Mazda posts 79% drop in first-quarter operating profit on weak US, China sales – Reuters: Mazda Motor Corp (7261.T) posted a 79% drop in first-quarter operating profit on Thursday as it continues to struggle with falling …
- Vietnam’s auto import jumps 69 pct in 7 months – Xinhuanet: Vietnam poured nearly 4.3 billion U.S. dollars into importing completely-built automobiles and components for assembly in …
- BMW profits fall as it ramps up electric vehicle investment – FT: Profits at BMW fell by a third in the second quarter as higher spending on electric vehicles pushed margins lower. Pre-tax profit fell from €2.9bn to …
- BMW Pushes Cost Cuts as Rising Spending Squeezes Profit – Bloomberg: Trade tensions and softening demand is squeezing the auto sector at a time when enormous investments are needed to comply with increasingly …
- Top India Carmaker’s Sales Decline Most in Seven Years – Bloomberg: Maruti Suzuki India Ltd. reported the biggest decline in sales in almost seven years as a slowdown in consumer spending, the largest driver of growth …
- Dodge models top list of most-stolen vehicles, study says – Automotive News: Nearly all the top 20 most-stolen models and variants have large engines or are luxury vehicles or pickups, according to the Highway Loss Data Institute.
- How safe do self-driving vehicles need to be? – Automotive News: For self-driving vehicles, safety remains in the eye of the beholder. Dozens of companies are rolling out hundreds of autonomous …
- Opinion: Will electric vehicles ever become affordable? – The Detroit News: “[E]conomics trumps politics and mandates. People buy what they can afford.”
- Fiat Chrysler reverses global downturn in Q2, overhauls business in China – Xinhuanet: Fiat Chrysler Automobiles (FCA) reported on Wednesday strong second-quarter results thanks to better performance in …
- Johnson faces first electoral test in vote for Welsh parliamentary seat – Reuters: British Prime Minister Boris Johnson could see his working majority in parliament reduced to just one when voters in a rural Welsh parliamentary seat go to the polls on Thursday in his first electoral test as leader.
- Lyft halts San Francisco e-bike program after bicycles catch fire – Guardian: Lyft halts San Francisco e-bike program after bicycles catch fire … Lyft has put the brakes on its electric bike program in San Francisco, after the …
