Archives for January 2020

• Tesla Soars as Bearish Analysts Left With Little to Highlight – Bloomberg: Tesla Soars as Bearish Analysts Left With Little to Highlight
• Honda supplier to shift production from Wuhan to Philippines – Nikkei: <?xml encoding=”UTF-8″><?xml encoding=”UTF-8″>
• Tesla partners with LG Chem, CATL for battery supply – Reuters: Tesla Inc has entered into a partnership with South Korea’s LG Chem Ltd and China’s CATL for supply of batteries used in its electric cars, the company said on Wednesday.
• Confirmed: Jaguar Land Rover boss Ralf Speth to step down – Autocar: Ralf Speth The 65-year-old will end his 10-year run as CEO of the British firm in September, b…
• Mitsubishi Motors denies fraud in German probe over illegal emissions defeat devices – Reuters: Mitsubishi Motors Corp said on Thursday there was no reason to believe it had committed fraud as suspected in a German investigation into the Japanese automaker over illegal emissions defeating devices used in its diesel vehicles.
• Japan seeks, although futilely, to arrest Carlos Ghosn in Lebanon – LATimes: An arrest warrant was issued Thursday for Nissan’s former Chairman Carlos Ghosn, who skipped bail while awaiting trial in Japan and is now in …

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• Tax incentives juiced Tesla’s recent sales. But now those incentives are gone – Fortune: Tax incentives juiced Tesla”s recent sales. But now those incentives are gone Fortune
• Exclusive – Do or die: Nissan takes the axe to the house Ghosn built – Reuters: Nissan is planning aggressive cost cuts to deal with an unexpected slump in sales as the expansionist strategy it inherited from fugitive former Chairman Carlos Ghosn flounders, four people familiar with the plans said.
• Toyota to keep China plants closed through Feb. 9 as virus spreads – Reuters: Toyota to keep China plants closed through Feb. 9 as virus spreads
• Electric vehicle subsidies under pressure in some Tesla core markets – Reuters: Factbox: Electric vehicle subsidies under pressure in some Tesla core markets
• 2020 Audi S3 caught in official wrap ahead of A3’s Geneva reveal – Autocar: Audi’s new generation A3 will appear at March’s Geneva motor show, with 300bhp+ S3 expected to la…

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• Renault poised to name VW manager De Meo as CEO – Reuters: Renault’s board is set to meet later on Tuesday to approve the nomination of Luca de Meo, the former head of Volkswagen’s Seat brand, as its next chief executive, two sources familiar with the matter said.
• Coronavirus prompts automakers to evacuate workers, weigh production delays at Chinese factories – CNBC: Honda and PSA Group are evacuating employees from Wuhan, China, while several automakers consider suspending production.
• Fugitive ex-Nissan Chairman Carlos Ghosn warns foreign CEOs in Japan: ‘You’re playing with your life’ – CNBC: Fugitive ex-Nissan Chairman Carlos Ghosn warns foreign CEOs in Japan: ‘You’re playing with your life’ CNBC
• Bentley reveals one-off Continental GT W12 ice racer – Autocar: Bespoke creation readied for wintry conditions with raised suspension, studded tyres and striking…
• Maruti Suzuki India quarterly profit falls short as promotions rise – Reuters: Maruti Suzuki India Ltd reported lower-than-expected third-quarter profit on Tuesday as the country’s biggest carmaker spent more on promotions during a wider industry slowdown.
• Here’s what GM, Ford, FCA are doing to safeguard workers in China amid virus outbreak – Freep: GM, Ford and FCA are restricting travel to China and monitoring operations there to contain the coronavirus outbreak.

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• New 2020 Seat Leon to be revealed tomorrow – Autocar: El Born-inspired tailgate lighting strip and angular profile suggest edgy new look for upcoming …
• Hyundai to make hydrogen-powered CVs in China – Just-Auto: Hyundai to make hydrogen-powered CVs in China
• Volvo Counting on Hybrid Cars to Avoid Paying Hefty CO2 Fines – Bloomberg: Volvo Counting on Hybrid Cars to Avoid Paying Hefty CO2 Fines
• Musk Takes On German Ecology Critics of Tesla Plant Near Berlin – Bloomberg: Elon Musk said concern that a Tesla assembly site in a rural area near Berlin would cause water shortages is exaggerated, pushing back against …
• Tesla’s Musk seeks to allay water concerns at factory site after protests – Reuters: Tesla Chief Executive Elon Musk sought to allay environmental concerns about the electric carmaker’s planned factory in Germany, saying the plant would use less water than was estimated originally.

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• Volkswagen CEO Confident He Can Catch Tesla in Electric Car Race – Bloomberg: Volkswagen CEO Confident He Can Catch Tesla in Electric Car Race
• Mercedes Considers More Hybrids at High-Performance AMG Unit – Bloomberg: Mercedes Considers More Hybrids at High-Performance AMG Unit
• Bugatti working on a daily driver? – Autocar: Speaking with Autocar UK, Bugatti boss Stephan Winkelmann said that a decision hasn’t been made reg…
• Sale of Renk, MAN Energy Solutions depends on buyer: Volkswagen labor chief – Reuters: Sale of Renk, MAN Energy Solutions depends on buyer: Volkswagen labor chief
• Tesla could eventually reach a trillion-dollar valuation, think tank says – CNBC: Tesla could eventually reach a trillion-dollar valuation, think tank says CNBC
• Alfa Romeo plotting 617bhp Giulia Quadrifoglio GTA, reports claim – Autocar: Quadrifoglio Racing Edition variant currently heads up Alfa’s Giulia range Italian brand rumou…

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• Jeep, Suzuki models found to have broken EU emissions rules – Reuters: Fiat Chrysler’s Jeep Grand Cherokee and Suzuki’s Vitara diesel models both break emissions rules and must be fixed or face a ban on sales across Europe, the Dutch road authority ruled on Thursday.
• Tesla short sellers could help Elon Musk score a payday worth hundreds of millions – CNBC: Tesla is still one of the most heavily bet-against stocks in the U.S. even as the stock almost daily hits record highs.
• GM and Cruise debuts fully autonomous Origin – Autocar: Cruise, an autonomous vehicle manufacturer owned by General Motors, … It’s a fully autonomous veh…
• Dutch road authority finds Jeep, Suzuki models broke emissions rules – Reuters: The Dutch road authority has recalled Jeep Cherokees throughout Europe for a software update, it said on Thursday, after completing an investigation into fraudulent emissions strategies by Suzuki and Jeep diesel models.
• Ram 1500 beats BMW, Mercedes for this top luxury spot – Freep: The Ram 1500 Limited and Laramie Longhorn editions beat the BMW X7 and Mercedes-Benz S-Class for Cars.com’s 2020 Luxury Car of the Year.
• Toyota, GM Urged to Reject Trump Automobile Mileage Rollback – Bloomberg: Environmental and consumer advocacy groups are pressuring automakers that have backed part of the Trump administration’s …

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