- Aston Martin White Knight Will Only Fund Months of Running Cost – Bloomberg: Aston Martin White Knight Will Only Fund Months of Running Cost
- GM parts shortage: UAW workers want a day off, customers wait on parts – Freep: Hourly workers at GM’s parts center in Ypsilanti have had few days off since the strike ended. Many are angry as GM scrambles to fix a parts shortage.
- Geely in talks to acquire stake in Aston Martin – Just-Auto: Chinese automaker Zhejiang Geely Automobile Holdings (Geely) is in talks to acquire a stake in struggling UK sports car manufacturer Aston Martin Lagonda Global Holdings, according to reports citing sources close to the company.
- Nissan Executives Step Up Plans for Possible Renault Split: FT – Bloomberg: Executives of Nissan Motor Co. are stepping up contingency planning for a potential split from Renault SA following Carlos Ghosn’s escape from …
- China passenger vehicle sales fall 7.4% in 2019 – Just-Auto: China passenger vehicle sales fall 7.4% in 2019 … Retail sales of new passenger vehicles in China declined by 3.4% to 2.14m units in December … forecasting a decline in total vehicle sales – including commercial vehicles – of least 2% in 2020
- Volkswagen’s Skoda Auto 2019 deliveries dip to 1.24 million cars due to weaker sales in China – Reuters: Deliveries of Volkswagen’s Skoda Auto dropped slightly in 2019 to 1.24 million vehicles, from 1.25 million in 2018, mainly due to weaker sales in China, the company said on Monday.
- Waymo’s Long-Term Commitment to Safety Drivers in Autonomous Cars – Bloomberg: Waymo”s Long-Term Commitment to Safety Drivers in Autonomous Cars
- Porsche logs record global sales ahead of 2020 Tesla showdown – CNBC: The German high-performance car manufacturer delivered 280,800 vehicles in 2019.
- Stocks making the biggest moves premarket: Lululemon, Boeing, Tesla, Ford & more – CNBC: The Peugeot family plans to raise the 6.2% stake it will have in the planned combination of Peugeot Parent PSA and Fiat …
- Nissan accelerates plan to split with Renault, reports suggest – Autocar: Financial Times reports senior Nissan executives are pushing forward a secret plan to engineer Al…
- Russia’s Avtovaz expects continued car market contraction in 2020 – Reuters: Russia’s Avtovaz expects continued car market contraction in 2020
- Renault shares fall on fresh worries about potential break with Nissan – Reuters: Renault shares fall on fresh worries about potential break with Nissan
- Nissan Examines Possibility of Breaking Away From Renault – Bloomberg: Nissan Examines Possibility of Breaking Away From Renault
- Avtovaz says Russian car sales fell 2% to 1.76 mln in 2019 – Reuters: Russia’s biggest automaker Avtovaz expects the country’s total sales of passenger and light commercial vehicles to …
- Aston Martin Is a Binge Too Far for China’s Geely – Bloomberg: Aston Martin Is a Binge Too Far for China”s Geely
- Stock futures rise amid trade deal optimism, Tesla gains – CNBC: U.S. stock index futures rose Monday to start off the week amid optimism around U.S.-China trade relations. Around 7 a.m. ET, Dow Jones Industrial …
- Porsche Defies Car Industry Gloom With Record Sales – Bloomberg: Porsche Defies Car Industry Gloom With Record Sales
- Japan’s Public Isn’t Buying Carlos Ghosn’s Arguments, Poll Shows – Bloomberg: Japan’s Public Isn’t Buying Carlos Ghosn’s Arguments, Poll Shows … Japan doesn’t believe auto executive Carlos Ghosn is a victim, according to the …
- China’s BYD names former GM president Kevin Wale as senior adviser – Reuters: China’s BYD Co Ltd said on Monday it has appointed Kevin Wale, former General Motors (GM) China President, as a senior adviser to the electric car maker’s chairman.
- GMC Canyon pickup family adds premium AT4 off-road model for 2021 – Freep: GMC’s Canyon midsize pickup will add an AT4 and Denali models for the 2021 model year. Sales begin this spring.
- Ford’s vehicle sales in China tumble for third consecutive year – Reuters: Ford Motor Co’s China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for its mass-market Ford brand and sports utility vehicles.