Archives for October 2020

• Tesla to Start Exporting China-Made Model 3 Cars to Europe – Bloomberg: Tesla to Start Exporting China-Made Model 3 Cars to Europe
• BMW Group rolls out huge OTA upgrade – Just-Auto: BMW is rolling out its biggest and most extensive Remote Software Upgrade in its history. More than 750,000 vehicles worldwide will receive the latest version of BMW Operating System 7
• Swiss electric car maker Piëch Automotive hires former VW CEO – Reuters: Swiss electric car maker Piëch Automotive hires former VW CEO Mueller and former Tesla sales chief
• 2021 Cadillac Escalade’s features and tech propel luxury SUV to leadership – Freep: 2021 Cadillac Escalade’s features and tech propel luxury SUV to leadership
• Hyundai Motor, Kia to Take $2.9 Billion Hit on Engine Problems – Bloomberg: Hyundai Motor, Kia to Take $2.9 Billion Hit on Engine Problems
• Ford wage, benefits fuel union buzz at Honda, Toyota, says Unifor leader – Freep: Ford wage, benefits fuel union buzz at Honda, Toyota, says Unifor leader

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• Battery Fires Put BMW and Ford on Back Foot Just as EVs Take Off – Bloomberg: hybrid Kuga SUV. Source: Ford Motor Co. First, Hyundai Motor Co. made headlines about its electric cars catching fire
• Nikola boss plays down importance of Badger pick-up truck – FT: …
• Tesla Customer Sues Over Solar-Panel Deal Being Reported as Loan – Bloomberg: A Tesla Inc. customer sued the car and clean energy company for reporting a solar-financing agreement on his credit report as a massive loan t
• Tesla Model 3 gets design and cabin tweaks, range boost – Autocar: Model S and X also receive Long Range Plus powertrain in UK
• Ford really needs its F-150 pickup to stay on top – CNBC: The Ford F-150 has been the bestselling vehicle in America for 38 years, and it is regarded as a huge profit machine for the second-largest automaker. Ford needs it now more than ever.
• Lucid Air offer prompts second Tesla Model S price chop this week – Just-Auto: Tesla cut the price of the Model S for the second time this week, after EV startup Lucid Motors, led by former Tesla executive Peter Rawlinson, announced the base price of its upcoming Air EV would be US$69,900 (after tax credits).

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• Exclusive: PSA to ditch its two small gasoline city cars, sources say – Reuters: Exclusive: PSA to ditch its two small gasoline city cars, sources say
• Renault Bolsters Electric Lineup After Squandering Sales Lead – Bloomberg: Renault Bolsters Electric Lineup After Squandering Sales Lead
• Elon Musk cuts Tesla Model S price twice in one week – CNBC: Elon Musk cuts Tesla Model S price twice in one week
• Renault removes diesel engines from all models except Megane – Autocar: Kadjar is no longer offered as a diesel and Captur and Clio will follow later this year
• Fiat Chrysler, Canadian autoworkers union reach tentative contract deal – Freep: Fiat Chrysler Automobiles has the most Unifor-represented employees among the Detroit Three. The union wanted investment commitments from FCA.
• Ford to pair with rivals to avoid EU fines over emissions – FT:

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• BMW deal will recycle EV batteries – Just-Auto: BMW Group UK has announced a deal with Off Grid Energy for second life uses for electric vehicle (EV) batteries.
• Tesla Beefing Up Its Public, Government Relations Teams in China – Bloomberg: Tesla Inc. is hiring public and government relations staff in
• Hyundai Motor Group heir apparent appointed as chairman – Reuters: Hyundai Motor Group appointed Euisun Chung as group chairman on Wednesday
• Ford Delays Launch of Plug-In Escape SUV After European Fires – Bloomberg: Ford Delays Launch of Plug-In Escape SUV After European Fires
• Rolls-Royce to issue bonds worth £2 billion to shore up balance sheet: memo – Reuters: Rolls-Royce to issue bonds worth £2 billion to shore up balance sheet:
• Toyota reshuffles North America supply chain management – Just-Auto: Toyota Motor North America (TMNA) has announced executive changes to its supply chain management (SCM) operations effective 26 October, 2020.

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• Audi to Build Electric Cars Geared to Chinese Buyers From 2024 – Bloomberg: Audi to Build Electric Cars Geared to Chinese Buyers From 2024
• Is Tesla gearing up to buy LG Chem’s battery division? – Just-Auto: South Korea-based LG Chem has recently overtaken China’s CATL and Japan’s Panasonic to become the world’s largest supplier of lithium-ion batteries for electric vehicles (EVs).
• Audi to launch new EV joint venture with China’s FAW Group – Reuters: Audi to launch new EV joint venture with China’s FAW Group
• Honda calls on government to support hybrids, reduce EV focus – Autocar: Honda Europe senior vice president claims EVs are “not a silver bullet”
• Tesla cuts prices of Model S variant in United States, China – Reuters: Tesla cuts prices of Model S variant in United States, China
• Honda appoints Gordon Brothers to sell Swindon factory equipment – Just-Auto: Gordon Brothers, the global advisory, restructuring and investment firm, said it had been appointed exclusive asset selling agent of Honda of the UK Manufacturing’s machinery and equipment from its automotive manufacturing plant in Swindon, England.

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• GM sees first Chinese quarterly growth in two years – Just-Auto: GM sees first Chinese quarterly growth in two years
• Nissan launches autonomous mobility project ServCity – Just-Auto: Nissan launches autonomous mobility project ServCity
• PSA, BMW Among Carmakers Seen Avoiding European Emissions Fines – Bloomberg: PSA, BMW Among Carmakers Seen Avoiding European Emissions Fines
• Daimler, Swiss Re launch mobility insurance venture – Reuters: Daimler, Swiss Re launch mobility insurance venture
• New 2021 Mercedes-Benz SL drops disguise in latest images – Autocar: AMG in charge of reborn sports car
• The Great Wall (Street) of China – FT: The Great Wall (Street) of China. 2020 marks the year when Beijing finally threw open its doors to US banks despite broader Sino-American tensions.
• Diesel Ford Fiesta axed in UK as mild-hybrid petrol introduced – Autocar: Fiesta is now petrol-only in UK

• Renault to reveal new electric SUV concept next week – Autocar: Renault to reveal new electric SUV concept next week
• Porsche and Ferrari Face $59000 Tax on Gas Guzzlers in France – Bloomberg: .
• Nissan bets on EV supremacy for growth, CEO says – Nikkei:
• Tesla Versus the Rest: Two Tech Events Help Investors Decide – Barrons: Tesla Versus the Rest: Two Tech Events Help Investors Decide
• Honda makes a U-turn to catch U.S. truck, SUV trend – Reuters: Honda makes a U-turn to catch U.S. truck, SUV trend
• Peugeot e-2008 – Autocar: Could Peugeot”s new electric compact crossover become an EV sales heavyweight?

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• Nissan to offer partial driving automation standard on new cars – Nikkei
• Tesla owner says he butt-dialed a $4,280 Autopilot upgrade — and is still waiting on a refund – CNBC: For Tesla customers, accidental “butt-dial” purchases have been at least an occasional problem since January 2020.
• Mercedes-Benz CEO denies Aston Martin buyout rumours – Autocar: Mercedes and Aston Martin have been technical partners since 2013 Stuttgart is not planning to…
• New VW ID.3 model equipped with Continental technologies – Just-Auto
• BMW On Track to Meet 2020 Financial Targets, CFO Peter Says – Bloomberg
• BMW says Brexit could cost auto industry 10-11 billion euros – Reuters
• First ride: 2021 Audi E-tron GT prototype – Autocar

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