- Tesla to raise $5 billion through share offering – Reuters: Tesla to raise $5 billion through share offering
- Report: Ford plans to slash 1,000 jobs in North America as restructuring drags on – Freep: The report quoted people familiar with the action who said the cuts were related to financial fitness plans and not related to costs from COVID-19.
- Tesla is nuts, will it ever crash? – FT: Tesla is nuts, will it ever crash?
- JAXA and Toyota announce “LUNAR CRUISER” as nickname for manned pressurized rover – Just-Auto: JAXA and Toyota announce “LUNAR CRUISER” as nickname for manned pressurized rover
- GM, Ventec Life Systems deliver 30,000 ventilators to U.S. government – Reuters: GM, Ventec Life Systems deliver 30,000 ventilators to U.S. government
- New Rolls-Royce Ghost is firm’s most advanced, accessible model – Autocar: The Ghost is claimed to the company”s most high-tech model yet
- GM and Ford end critical care ventilator production – Freep: GM and Ford end critical care ventilator production
- Updated Audi Q2 revealed with subtle new look and added kit – Autocar: Ingolstadt’s smallest SUV is revamped inside and out to match the recently facelifted Q5
- Nissan to reveal new Z sports car prototype on 16 September – Autocar: Japanese firm confirms reveal date for prototype version
- Tesla to Sell as Much as $5 Billion of Shares After Stock Surge – Bloomberg: Tesla to Sell as Much as $5 Billion of Shares After Stock Surge
- Geely Auto Moves Closer to Potential $2.9 Billion China Listing – Bloomberg: … largest shareholder, has championed consolidation as a way for automakers to pool resources for initiatives like self-driving cars and electrification.
- Geely Auto seeks Shanghai STAR Market listing -filing – Reuters: Geely Auto seeks Shanghai STAR Market listing -filing
- GM to make 100 temps permanent at truck plant in COVID hotspot – Freep: GM to make 100 temps permanent at truck plant in COVID hotspot
- Toyota Land Cruiser gains more power, new technology for 2020 – Autocar: New 2.8-litre diesel brings SUV’s 0-62mph time down by nearly 3.0sec with no impact on efficiency
- Facelifted 2020 Seat Ateca: UK prices and specs announced – Autocar: Popular family SUV receives makeover and gains rugged new Xperience mode
- Toyota says sales recovering ‘faster than expected’ – Just-Auto: Toyota says its global sales and production recovered to 90 percent of previous year’s level in July and that sales are recovering at a ‘faster than expected pace’.
- Maruti Suzuki launches subscription service – Just-Auto: In a move to offer easy and flexible car ownership to customers, Maruti Suzuki announced the launch of its subscription programme – Maruti Suzuki Subscribe for individuals.
- Peugeot 3008 receives restyle and new PHEV option for 2021 – Autocar: Front and rear have been tweaked in line with newer Peugeots SUV
- Musk Passes Zuckerberg to Become World’s Third-Richest Person – Bloomberg: Tesla Inc. Chief Executive Officer Elon Musk has moved past Facebook Inc. co-founder Mark Zuckerberg to become the world’s third-wealthiest person
- Tesla’s nickel quest highlights metal’s environmental burden – FT: Nickel is the most expensive metal in an electric car battery after cobalt, trading at $15,320 a tonne.
- Geely and GM venture both wade into China’s pickup truck competition – Reuters: Geely and GM venture both wade into China’s pickup truck competition
- Ford to Cut 1,000 North America Salaried Jobs Amid Overhaul – Bloomberg: Ford to cut 1000 jobs in North America