- Top tech analyst says electric vehicles from Jaguar and Audi are stealing market share from Tesla – CNBC: Toni Sacconaghi said increased competition abroad is responsible for the weakness in Tesla’s sales volume.
- Israel, South Korea forge free trade deal – Reuters: Israel and South Korea concluded … including cars and auto parts, toys, appliances and electronic components.
- Stocks making the biggest moves premarket: Target, Lowe’s, Urban Outfitters, Tesla & more – CNBC: Names on the move ahead of the open.
- European Car Stocks Rise as Fiat Chrysler-Renault Merger Hopes Resurface – Barrons: European car manufacturers and suppliers rose on Wednesday on reports that Renault and Fiat Chrysler could restart merger talks.
- Kids are dying in hot cars at an alarming rate; safety agency tweets for awareness – Freep: Hot car deaths hit 35 already this year. A push is on for Congress to mandate a technological fix. NHTSA took to Twitter Tuesday to raise awareness.
- Ferrari’s first plug-in hybrid: the Stradale SF90 – Automotive News: The SF90 Stradale is the most powerful road Ferrari to date, with 986 hp, and is the automaker’s first series production plug-in hybrid. It is also Ferrari’s …
- Exclusive: Daimler to make Mercedes Benz-branded heavy trucks in China – Reuters: German auto maker Daimler AG plans to build Mercedes Benz-branded heavy trucks in China by revamping truck plants …
- Go-Jek to enter Malaysian market in new challenge to Grab – Nikkei: Last year, Malaysia ruled out legalization of motorcycle ride-hailing services in order to safeguard riders and passengers. In 2017, the government …
- Suffern, NY: A Pedestrian-Friendly Place With City Access – New York Times: … where most errands could be accomplished on foot,” said Mr. Mitchell, 64, a regional training coordinator for Jaguar Land Rover North America.
- Fiat-Renault deal hopes lift European shares – Reuters: For a live blog on European stocks, type LIVE/ in an Eikon news window)
- Porsche invests in Israeli road visibility startup TriEye – Reuters: Israel’s TriEye, whose short-wave-infra-red sensing technology enables vision in adverse weather and night-time conditions, has expanded its funding round to $19 million with an investment from German sports car manufacturer Porsche .
- India has not set deadline to launch electric vehicles: official – Reuters: The Indian government has not set a deadline to launch electric vehicles or to ban manufacturing of petrol and diesel cars, a government official said on Wednesday.
- Uber rival Bolt launches food delivery service in Europe – CNBC: Bolt is entering an already-crowded field of competitors in the European food delivery market.
- Uber to invest 75-mln-USD in creation of 3000 jobs in Texas – Xinhuanet: U.S. top ride-hailing company Uber Technologies (Uber) will invest more than 75 million U.S. dollars in the U.S. …
- Stanford Grads Near $1 Billion Value for Driverless Trucks – Bloomberg: The self-driving truck startup is working with advisers on the funding round with plans to set up a joint venture with one of the country’s largest truck …
- China’s Geely posts 40% slump in first-half profit, sees uncertain demand outlook – Reuters: China’s Geely Automobile Holdings Ltd (0175.HK) said on Wednesday first-half net profit skid 40% amid a sustained downturn …
- Uber-rival Bolt enters European food delivery business – Reuters: Estonia’s Bolt, a popular ride-sharing service in Eastern Europe and Africa, on Wednesday launched food delivery service in its …
- S.Korea’s export posts double-digit fall in 1st 20 days of August – Xinhuanet: Auto parts shipment shed 1.6 percent in the 20-day period, but automobile export gained 8 percent. Shipment for telecommunication devices such as …
- Tesla sued by Walmart over fires linked to rooftop solar panels – Automotive News: The nation’s largest retailer claims Tesla failed to live up to industry standards in the installation of solar panels on top of hundreds of stores, resulting in multiple fires across the U.S.
- FAW-Volkswagen opens new proving ground in northeast China – Xinhua | English.news.cn – Xinhuanet: Sino-German joint venture FAW-Volkswagen has put its new proving ground into use in the north of Changchun, capital of …
