Archives for October 2019

• New Toyota Mirai fuel cell vehicle makes public debut – Autocar: Bold concept, set to go on sale in 2020, previews imminent second-generation hydrogen-powered vehi…
• Trump 30 years off on Renault exports to US – Automotive News: Trump 30 years off on Renault exports to US
• Renault chairman can “never say never” on Fiat but deal not on table – Reuters: Renault Chairman Jean-Dominique Senard said on Tuesday that a possible deal with Italian carmaker Fiat was not on the …
• BMW expands 2 series range – Automotive News: The 2-series Gran Coupe is aimed at younger, design-focused buyers. It will rival the Mercedes CLA. Built in Germany, the car will be sold globally and will be the cheapest BMW in the U.S. market.
• Zotye USA signs dealers in 100 markets – Automotive News: CEO Duke Hale said the company plans to have agreements signed in 250 markets prior to its sales launch. Eventually, it expects to have about 325 total locations.
• Ford to spend more on self driving than previously committed – Just-Auto: Ford plans to spend more on self-driving vehicles than its original commitment of US$4bn to the end of 2023, Jim Farley, president, new business, technology and strategy, wrote in a blog post.

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• Tesla’s Nürburgring run revs up debate over speed records – Automotive News: Porsche and Tesla are battling to establish supremacy in lap times for four-door electric sports cars, but comparisons are not exact.
• Renault CEO signals strategy reset to get back on track – Automotive News: Renault interim CEO Clotilde Delbos said the automaker will review its strategic road map meant to carry the company through 2022 because the market has changed since it was unveiled two years ago.
• UAW details GM deal including $11,000 ratification bonus – Just-Auto: Striking UAW full-time workers at General Motors will get a US$11,000 ratification bonus if the contract scheduled to start on 6 January, 2020 is ratified, the union said.
• Skoda gives new Octavia more ’emotional’ appeal – Automotive News: Skoda gives new Octavia more ’emotional’ appeal
• BYD cumulative global electric bus sales surpass 50,000 units – Just-Auto: China’s leading electric vehicle manufacturer, BYD Auto, this week gave workers an update of its global electric bus sales achieved to date.

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• FCA must pay almost $80M for missing federal fuel economy standards in ’17 – Freep: FCA must pay almost $80M for missing federal fuel economy standards in ’17
• Hyundai unveils plan for $35 billion investment in driving tech – CNBC: In the self-driving sector, the Hyundai Motor Group wants to introduce SAE Level 3 autonomous vehicles on highways by the year 2021. By 2024 it …
• Land Rover’s Disco Sport arrives on a different platform – Just-Auto: The 2020 Land Rover Discovery Sport is an unusual vehicle. … (48v mild hybrid), a new interior, new seats and dashboard and some new technology. … music and climate settings and steering column positioning to suit each driver.
• Tata Motors Jumps Most in 10 Years on New Brexit Deal – Bloomberg: Tata Motors Ltd., owner of the luxury Jaguar Land Rover brand, surged as much as 15% after European Commission President Jean-Claude Juncker …
• Ford has solutions for those worried about charging its electric vehicles – The Detroit News: The automaker said it would partner with multiple nationwide charging networks in the United States
• Ford launches two major EV charging initiatives – Automotive News: Ford laid out its charging infrastructure plans for the first time, roughly a month ahead of the planned introduction of a long-range EV crossover, expected to be called the Mach E.

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• Volvo Cars aims to be climate neutral by 2040 – Reuters: Volvo Cars, owned by China’s Geely Holding , is targeting a 40% reduction in the carbon footprint of each car it manufactures by 2025 as it bids to become fully climate neutral by 2040, it said in a statement on Wednesday.
• Ride-hailing companies Uber, Lyft won’t testify before Congress: report – Reuters: Uber Technologies Inc and Lyft Inc have declined to appear at a U.S. House of Representatives hearing on Wednesday on issues relating to the ride-hailing industry, the Washington Post reported, citing company and congressional sources.
• Faraday Future’s Elusive Founder Has Filed For Bankruptcy, But the Tesla Rival Says It’s Not Dead Yet – Fortune: Faraday Future”s Elusive Founder Has Filed For Bankruptcy, But the Tesla Rival Says It”s Not Dead Yet Fortune
• Volvo launches Recharge brand for electrified cars – Autocar: Volvo launches Recharge brand for electrified cars
• Tata looks for Jaguar Land Rover partners, but rules out sale – Automotive News: The Indian conglomerate that owns Jaguar Land Rover said it is open to finding partners for the automaker but isn”t planning on selling the embattled unit.
• Telsa’s Earnings Report Will Be All About the Cash – Barrons: Now that Wall Street already knows Tesla’s third-quarter delivery numbers, the electric-vehicle maker’s profits and cash flow are in focus.

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• Volkswagen postpones final decision on Turkey plant – Reuters: Volkswagen postpones final decision on Turkey plant
• Syria puts cloud over Turkey’s planned new VW plant – Just-Auto: Volkswagen has postponed the final decision on whether to build a car plant in Turkey, a company spokesman has said, amid international criticism of the country’s military operation in Syria and concerns about potential reputational fallout.
• Ford EV partner in China faces lawsuit over unpaid bills – FT: Chinese electric carmaker Zotye, which has a joint venture with Ford in the … as the impact of shrinking vehicle sales ripples across the car industry.
• Tesla Stock Bulls and Bears Get a Trading Edge From a New Service – Barrons: Tesla Stock Bulls and Bears Get a Trading Edge From a New Service Barron’s
• UAW strike has now cost $2 billion, could ‘bring GM to its knees,’ Bank of America says – CNBC: The strike by General Motors workers has cost about $2 billion in lost profit through the first four weeks, Bank of America estimated.

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