- BMW plunges to second-quarter EBIT loss as coronavirus pandemic hits car sales – Reuters: BMW plunges to second-quarter EBIT loss as coronavirus pandemic hits car sales
- Denso opens Pittsburgh Innovation Lab – Just-Auto: Denso has established the Pittsburgh Innovation Lab, a new US R&D centre designed to strengthen open innovation and enhance technology development that enables automated driving.
- Elon Musk says Tesla headquarters may still leave California – LATimes: Elon Musk says Tesla headquarters may still leave California
- Ex-Google Engineer Levandowski’s Jump to Uber Ends in Prison – Bloomberg: Ex-Google Engineer Levandowski”s Jump to Uber Ends in Prison
- Ford CEO Ending Stormy Tenure Makes Way for Heir Who Bleeds Blue – Bloomberg: Ford CEO Ending Stormy Tenure Makes Way for Heir Who Bleeds Blue
- Ford’s Jim Hackett had a bold vision—but couldn’t improve this all-important financial metric – Fortune: Jim Hackett tried to transform an old-line industrial icon by forging a daring template to go driverless and electric.
- GM and EVgo to triple US fast charging network in five years – Just-Auto: General Motors and EVgo plan to triple the size of America’s largest public fast charging network by adding more than 2,700 new fast chargers during the next five years.
- Honda sees 68% drop in annual profit due to coronavirus – Reuters: Honda sees 68% drop in annual profit due to coronavirus
- How bicycle parts maker Shimano eclipsed Nissan in market cap – Nikkei:
- Hyundai Motor Group provides pandemic mobility support to Los Angeles – Just-Auto: Hyundai Motor Group provides pandemic mobility support to Los Angeles
- Israel’s Cognata to partner with Hyundai Mobis for simulation – Reuters: Israel’s Cognata to partner with Hyundai Mobis for simulation
- Jim Farley says taking Ford CEO role is ‘paying it forward for my grandfather’ – Freep: The Free Press had a few minutes to talk with Jim Farley about his promotion Tuesday at Ford Motor Company, and with outgoing CEO Jim Hackett.
- Nissan says China sales rose 11.6% in July – Reuters: Nissan says China sales rose 11.6% in July
- The electric vehicle bubble, minus Tesla, has ‘started to burst,’ Jim Cramer says – CNBC: “The bull market in Tesla is real and it’s spectacular. The bull market in the rest of the electric vehicle plays feels way less substantial,” the “Mad Money” host said.
- Updated 2020 Kia Stonic gains mild-hybrid petrol engine – Autocar: Fuel-saving technology leads the changes