- Japanese automakers Toyota, Suzuki to form capital tie-up – Reuters: Japan’s Toyota Motor Corp and Suzuki Motor Corp plan to form a capital tie-up, two sources said on Wednesday, as they look to accelerate technological development and meet sweeping changes upending the global auto industry.
- Amazon in talks to partner with Indonesia’s ride-hailing startup Go-Jek: WSJ – Reuters: Amazon.com Inc has held preliminary talks on a partnership with Indonesian ride-hailing startup Go-Jek Group, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
- Worst May Be Over for Chinese Car Sales – Wall Street Journal: China’s latest attempt to revive its car sales may not do much, but the world’s largest auto market may turn a corner soon anyway.
- New Volkswagen Golf Mk8: reveal set for autumn 2019 – Autocar: Autocar
- Indian car maker Maruti Suzuki launches initiative to enhance customers’ convenience – Xinhua | English.news.cn – Xinhuanet: Indian car maker Maruti Suzuki, which enjoys more than 50 percent share in the country’s car market, announced its initiative …
- Nissan develops golf ball that finds the hole every time – Automotive News: Nissan placed an overhead camera to detect the position of the golf ball and cup. When the ball moves, a monitoring system calculates the correct route and adjusts its trajectory.
- VW’s Seat gives its SUV flagship, the Tarraco, a plug-in drivetrain – Automotive News: The Tarraco was Europe’s fifth best-selling volume midsize SUV during that period after the Skoda Kodiaq, Peugeot 5008, Mitsubishi Outlander and …
- Elon Musk and Jack Ma Will Debate AI in China Summit – Bloomberg: From Jack Ma to Pony Ma, the leading lights of China’s internet industry gather in Shanghai this week to showcase the country’s latest advances in artificial …
- China considers relaxing auto purchase restrictions to boost consumption – Automotive News: Local governments that have restrictions on auto sales should explore gradually relaxing or removing those curbs, China|s State Council said.
- Toyota, Suzuki to Deepen Ties – Bloomberg: Toyota Motor Corp. and Suzuki Motor Corp. are strengthening their alliance by taking stakes in one another, seeking to bolster their position as the auto industry …
- Toyota and Suzuki in final stages of equity tie-up – Nikkei: Toyota Motor is finalizing an equity tie-up with Suzuki Motor in a deal that will expand their ongoing technology partnership, according to …
- Tesla may be raising prices in China – but it won’t be for long, analyst says – CNBC: Electric carmaker Tesla will reportedly increase prices in China this week in anticipation of rising tariffs – but one automobile expert says the higher costs will …
- Volvo`s Polestar opens China factory to export to Europe, US – Washington Post: Volvo’s electric brand Polestar going ahead with plans to export Chinese-made cars to the US despite trade tension.
- Ride-hailing giant Grab to invest $500 million in Vietnam over next 5 years – CNBC: Ride-hailing firm Grab announced on Wednesday it will invest $500 million in Vietnam over the next five years to expand its services in the Southeast …
- Hyundai Motor agrees wage deal, avoids strike for first time in 8 years – Reuters: * Hyundai shares rise 4.4% (Adds terms of agreement, analyst comments, share movement)
- RPT-Asia’s demand for low-sulphur fuel drives hydrogen gas consumption – Linde – Reuters: * Stricter environmental rules drive hydrogen demand at oil refineries
- Tesla Unplugged: In Singapore, It’s Just Another Unwelcome Car – Bloomberg: Around the world, Tesla Inc is a welcome symbol of what can happen when high-tech meets the global need for sustainable, electrified transportation.
