- Musk defamation trial may head to jury after billionaire and diver spar in court – Reuters: Elon Musk’s defamation trial could be in the hands of jury by the end of Thursday after the billionaire and the diver who is suing him sparred over the meaning and impact of a “pedo guy” tweet at the heart of the case.
- GM expected to partner with LG Chem on a new Ohio factory for electric vehicle batteries – Freep: GM is expected to enter a joint venture with LG Chem to build a new plant near Lordstown, Ohio to build batteries for electric cars.
- Former GM board member pleads guilty in UAW federal probe – Just-Auto: Former General Motors board member Joe Ashton, a retired United Auto Workers leader, has pleaded guilty to criminal charges as part of an ongoing federal corruption probe into the union.
- Billionaire poised to launch bid for major Aston Martin stake – Autocar: Billionaire poised to launch bid for major Aston Martin stake
- British Icon MG Motor Unveils an Electric SUV in India – Bloomberg: British Icon MG Motor Unveils an Electric SUV in India
- Nissan orders two-day furlough for U.S. employees amid falling sales – Automotive News: The automaker’s U.S. operations will be closed and all employees will forgo pay for two days after the New Year’s holiday. Employee travel expenses will be cut by 50 percent, effective immediately.
- LG Chem says it will form EV battery joint venture with GM – Automotive News: The factory is expected to be located in the Lordstown area of Ohio, with GM and LG Chem expected to invest more than $1 billion each, Reuters reported.
- Ford workers break their silence on faulty transmissions: ‘Everybody knew’ – Freep: Their secret wasn’t a secret at all in engineering, product development, research, design or manufacturing within Ford Motor Co., say seven current …
- OK Beemer: Why European luxury sedans are becoming a relic of the past and electric SUVs are … – Washington Post: BMW said that while 3 Series sales have fallen in recent years, its X3 and X5 SUVs have become its top sellers, recording year-over-year sales …
- Billionaire Lawrence Stroll seeks major stake in Aston Martin – report – Reuters: Billionaire Lawrence Stroll seeks major stake in Aston Martin – report
- GM issues Hamtramck layoffs but plant will live to build EVs – Just-Auto: General Motors will lay off 814 hourly and salaried workers at its assembly plant on the border of Detroit and Hamtramck, Michigan, starting 28 February.
- Uber’s new loan program could trap drivers in cycles of crushing debt – Guardian: He had been preyed upon by Uber’s financial products in the past: after buying a car through Uber’s vehicle financing program, he had watched with …
- VW: Production of the T-Roc Cabriolet begins in Osnabrück – Just-Auto: VW: Production of the T-Roc Cabriolet begins in Osnabrück
- Hyundai Initiates Feasibility Study For Fuel Cell Electric Vehicles In India – Bloomberg: Hyundai Initiates Feasibility Study For Fuel Cell Electric Vehicles In India
- UAW sends FCA deal to membership for ratification vote – Just-Auto: The National UAW-FCA Council voted to send the proposed hourly and salary tentative agreements with FCA for a ratification vote of UAW members.
- GM, LG Chem to announce EV battery joint venture in Ohio – Reuters: South Korea’s LG Chem said on Thursday it would invest $916 million in its U.S. subsidiary by 2023 to set up an electric vehicle battery joint venture with General Motors .
- Toyota leads $50 million funding round for May Mobility – Automotive News: Toyota leads $50 million funding round for May Mobility
- Fiat Chrysler disagrees with Italy tax agency on underestimating U.S. business – Reuters: Fiat Chrysler Automobiles said on Thursday it strongly disagreed with a tax authority claim that it had underestimated the value of its U.S. business following its acquisition of Chrysler.
- BMW sues Valeo, Denso over price fixing – Automotive News: BMW is suing two of its suppliers over price fixing on air conditioning components, the German automaker said on Wednesday. The case …
- Exclusive: GM, LG Chem to announce EV battery joint venture in Ohi – Reuters: General Motors and South Korea’s LG Chem are set to announce on Thursday a 50:50 joint venture in Ohio to make electric vehicle batteries, sources familiar with the matter told Reuters.
- In Times Of Auto Slowdown, Kia Motors Is Shaking Up India’s Utility Vehicles Market – Bloomberg: In Times Of Auto Slowdown, Kia Motors Is Shaking Up India”s Utility Vehicles Market
- Car Parts Made Of Coffee Beans – Bloomberg: Car Parts Made Of Coffee Beans. QuickTake by Bloomberg. December 4th, 2019, 7:32 PM PST .@Ford and @McDonalds are teaming up to create car …
- What it’s like to drive 300 miles per hour, from the guy who did it – The Detroit News: Race driver Andy Wallace set a world record for speed by driving a Bugatti Chiron Longtail to 304.77 miles per hour
- Tesla Competitor NIO Launches Another SUV in China – Bloomberg: NIO Inc. is introducing its third sport utility vehicle, a streamlined model aimed at spurring demand in China’s slowing electric-car market. NIO didn’t …
- Elon Musk doesn’t know his own net worth, testified it’s around $20 billion, not much in cash – CNBC: In day two of the “pedo guy” defamation trial, Tesla CEO Elon Musk testified he doesn’t know his own net worth, but it may be around $20 billion, not much in cash.
