- Americans Return to Car Dealers, Thwarting Expected Shift Online – Bloomberg: Above, a customer peruses a Honda dealership in Southfield, Michigan, on May 26, 2020. Photographer: Emily Elconin/Bloomberg …
- Morgan Stanley Cuts Tesla to Underweight on Growing China Risks – Bloomberg: Morgan Stanley Cuts Tesla to Underweight on Growing China Risks
- Honda resumes production at plants hit by suspected cyber attack – Reuters: Japan’s Honda Motor Co has resumed production at automobile and motorcycle plants in the United States and other countries after they were hit by a suspected cyber attack this week, a spokesman said on Friday.
- Study: GM will lose US market share as it redefines its future – Freep: Study: GM will lose US market share as it redefines its future
- GM declines request to shut down plant as cases of coronavirus grow, union says – Freep: GM declines request to shut down plant as cases of coronavirus grow, union says
- Volkswagen Feud Threatens a $38 Billion Bet – Bloomberg: The German car giant shouldn’t be worrying itself with internal boadroom disputes. It should be taking the electric-car fight to Elon Musk.
- Toyota to avoid losses in fiscal 2020/21 – Just-Auto: Toyota Motor announced at its annual general meeting (AGM) it expected to remain profitable in the current fiscal year ending 31 March 2021, thanks to years of cost cutting and efficiency drive.
- Britishvolt narrows to two Welsh gigafctory sites – Just-Auto: Battery manufacturer, Britishvolt has selected what it refers to as “two promising sites” for the UK’s first 30-plus GWh gigafactory, from an initial 42 locations, with Bro Tathan in South Wales leading the way.
- New Citroen e-Spacetourer is nine-seat EV with 143-mile range – Autocar: Citroen”s van-based electric MPV joins Peugeot sibling with 134bhp electric motor, hits dea…
- Nissan Scraps Plan to Offer Yen-Denominated Bonds in June – Bloomberg: Nissan Scraps Plan to Offer Yen-Denominated Bonds in June
- S.Korean worker death at Hyundai Motor supplier causes production suspensions – Reuters: The death of a factory worker at a Hyundai Motor parts supplier in an industrial accident led to some Hyundai production …
- Intel chip executive Jim Keller departs company – Reuters: Jim Keller, a prominent executive who helped design chips at Apple Inc and Tesla Inc before joining Intel Corp two years ago, left the Santa Clara, California-based chipmaker effective June 11, Intel said in a news post.
- Fiat Chrysler Wins Trade Case Against Mahindra Over Jeep Copy – Bloomberg: Fiat Chrysler Wins Trade Case Against Mahindra Over Jeep Copy
- Goldman Cuts Tesla and Makes GM a Buy on Better Sales Outlook – Bloomberg: … for the long term, recent price cuts and production challenges with the new Model Y crossover cloud the electric-car maker’s intermediate outlook.
- MEDIA-Bankrupt Hertz wants to sell up to $1 billion in new shares – WSJ – Reuters: — Source link:
- Tesla’s love affair with China – Fortune: The trigger for Wednesday’s surge was a Musk memo to employees signaling plans to begin production of the all-electric Tesla Semi truck. Tesla’s …
- Renault Rattled by Threat From Imports of Chinese Electric Cars – Bloomberg: Renault Rattled by Threat From Imports of Chinese Electric Cars
- Kia: lockdown making it easier to hit CO2 targets – Autocar: like the Kia Soul – have increased in early 2020, relative to petrol …
- New Porsche Cayenne GTS revealed with 454bhp V8 – Autocar: Coupé commands a £2820 premium over the standard GTS Performance SUV can hit 62mp…