- U.S. prosecutors reportedly probing Tesla CEO Elon Musk’s glass house – Fortune
- System update caused Toyota’s 14-plant shutdown – Just-Auto
- Tesla probes: Current and former executives subpoenaed – Automotive News
- Tesla Autopilot update draws questions from NHTSA – Fortune
- Less than one in five federally funded charging stations are operational – Bnnbloomberg
- Tesla is reportedly under investigation by the DOJ and SEC over it’s mysterious ‘Project 42’ – Businessinsider
- Tesla Internal Purchasing Probe Draws US Prosecutor Scrutiny – Bloomberg
- What happened to shut down Toyota’s production in Japan? – Japantimes
- Tesla faces federal probes over secret Musk house project – Reuters
- Tesla’s Musk appeals order requiring his testimony in fatal crash lawsuit – Reuters
- Twitter allows US political candidates and parties to advertise in policy switch – Guardian
- Volkswagen to suffer production disruptions due to floods in Slovenia-DPA – Reuters
- Bloomberg Predicts Peak Oil Demand In 2027 – Businessinsider
Archives for August 2023
Thursday Morning Auto News, Aug 31, 2023: Prosecutors are looking into Musk’s glass house. Less than 1 in 5 federally funded charging stations operational. More.
Word’s Largest Automakers, 7 months 2023: All good.
We haven’t heard much lately about Tesla et al disrupting the auto business. Why? Global automakers, pronounced soon-dead by allegedly smart analysts and under-the-influence influencers, are still going strong. Worldwide sales of the top three OEMs have been up solidly throughout the year, and July was no different. Supply lines are flowing again, chips are being made, and cars are being cranked out.
World’s largest, Toyota Group, is chugging along solidly, up 5.5% in the first 7 months of the year. Expect a bigger jump in comping months. July production was up 10% worldwide, at home in Japan, production jumped by 22.4%.
2nd-ranked Volkswagen Group is putting the pedal to the metal to make up for lost sales in the earlier months of the year. Volkswagen deliveries Jan-July were up 11.8%. Volkswagen’s largest market China continues to be troublesome. Jan-July China deliveries were down 2.7%, July China deliveries cratered by 10.2%
Hyundai Group, up 9.4% for the year, continues its slow march towards the top. Little chance to pass Volkswagen Group this year, but who knows, maybe in 2024.
Wednesday Morning Auto News, Aug 30, 2023: Musk dodges fine for using phone while driving, almost runs red light. Toyota’s global sales jump. More.
- Elon Musk Dodges Fine for Using Phone While Driving Tesla: Report – Businessinsider
- Elon Musk’s Tesla almost ran a red light during a FSD demo, video shows – Businessinsider
- Toyota’s global sales jump in July to hit monthly record – Reuters
- Toyota plant shutdown happened during system update, report says – Automotive News
- Toyota Output Hits Monthly Record for July on Robust Demand – Bloomberg
- Toyota resumes vehicle production in Japan after system glitch – Japantimes
- Tesla ordered by NHTSA to provide data on ‘Elon mode’ for Autopilot – CNBC
- US regulator asks for information on Tesla Autopilot monitoring drivers – Reuters
- Truckloads of New Tesla Cybertrucks Spotted Ahead of Official Deliveries – Motortren
- Cars & Concepts: New or refreshed offerings from Mercedes, Lexus, Hyundai and more – Automotive News
- Tesla Ordered to Hand Over Data About Autopilot Feature – Businessinsider
- Here’s Fisker’s Canadian as Ocean One SUV deliveries begin – Automotive News
- U.S. regulators questions Tesla on how Autopilot system monitors drivers – Automotive News
- BYD confident of hitting 3 million sales despite China weakness – Automotive News
Tuesday Morning Auto News, Aug 29, 2023: Toyota halts operations at most Japan assembly plants due to system failure. More
- Toyota halts operations at most Japan assembly plants due to system failure – Reuters
- Toyota suspends car production in Japan due to massive ‘system glitch’ – SCMP
- Tesla faces major test cases for Autopilot safety – Automotive News
- Ford gets German OK to offer Blue Cruise Level 2+AV tech – Automotive News
- Nio reports wider second-quarter loss amid China slowdown and product-line revamp – CNBC
- Judge rules Mitsubishi termination of Brooklyn dealership legal – Automotive News
- GM, Google exploring AI use cases across automaker’s business – CNBC
- Chinese EV Maker Nio Reports Quarterly Losses and Slimmer Margin – Bloomberg
- Inceptio sees big jump in China sales of driver-assist truck tech, plans overseas foray – Reuters
- BMW starts construction on logistics centre in Germany – Just-Auto
- Agreement for wage boost for GM Ultium workers – Just-Auto
- Toyota Halts 12 Japan Plants on Possible System Glitch, NHK Says – Bloomberg
- Mitsubishi faces up to growing competition in southeast Asia – Just-Auto
- Total overhaul for interior of 2024 Skoda Kodiaq PHEV – Autocar
Monday Morning Auto News, Aug 28, 2023: Tesla braces for its first trial involving Autopilot fatality while Musk self-drives around Palo Alto, looking for Mark Zuckerberg. More.
- Focus: Tesla braces for its first trial involving Autopilot fatality – Reuters
- Elon Musk Took Self-Driving Tesla Ride Around Palo Alto to Find Mark Zuckerberg – Barrons
- Xpeng’s Didi deal is smart shortcut to growth – Reuters
- Vinfast rallies on after becoming world’s third-most valuable automaker – Reuters
- Jabil to Sell Manufacturing Business in China to BYD Subsidiary for $2.2 Billion – Barrons
- Apple iPad Maker BYD Pays $2.2 Billion for Jabil’s China Plants – Bloomberg
- China’s Xpeng to take over Didi’s autonomus vehicle unit, eyeing 2024 launch – Reuters
- Didi/Xpeng: EV deal will help both companies speed up profit goals – FT
- Xpeng to acquire Didi’s smart EV unit in deal worth up to $744 – Automotive News
- EV maker smart rolls out expansion plans – Chinadaily
Friday Morning Auto News, Aug 25, 2023: Decision on Tesla Autopilot federal probe impending. Chicago sues Kia, Hyundai over rampant car thefts. More.
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- US will resolve Tesla Autopilot probe, could make announcement soon – Reuters
- Chicago sues Kia, Hyundai over rampant car thefts – Automotive News
- GM battery joint venture agrees to hike Ohio workers wages – Automotive News
- GM to test self-driving vehicles in Shanghai – Automotive News
- Tesla investors to get $12K for Elon Musk’s false tweet – Fortune
- Mobileye Wins Self-Driving Car Business From Polestar. The Price Is Interesting. – Barrons
- Looking back on Chrysler 300’s run as a pop culture staple – Automotive News
- Chicago sues Kia, Hyundai for failing to install immobilizers – Chicago Tribune
- Tesla vs. Ford vs. Hyundai: A Road Trip to Find the Best EV Under $60,000 – Wall Street Journal
- Kia, Hyundai, Genesis, VW, Ford and Audi car dealerships sell – Automotive News
- Aston Martin (AML) Share Price: First Stock Analyst Finally Recommends Buying – Bloomberg
Thursday Morning Auto News, Aug 24, 2023: Illinois closes in on $2 billion EV battery plant. GM to cut 940 jobs, cease IT operations in Arizona. More.
- Illinois closes in on $2 billion EV battery plant – Automotive News
- GM to cut 940 jobs, cease IT operations in Arizona – Reuters
- SpaceX working with Cloudflare to speed up Starlink service- The Information – Reuters
- Ford DPS6 transmission issues: Family sues over Fiesta death – Freep
- Nissan and Honda partner Dongfeng launches ‘national’ mini EV to compete with GM … – SCMP
- UAW president threatens strike if automakers don’t get it together – The Detroit News
- Volvo EM90 electric MPV will debut in November in China – Automotive News
- Dongfeng unveils electric Nammi brand – Chinadaily
- How a Canadian company quenches Europe’s thirst for North American-made Stellantis vehicles – Automotive News
- Hyundai faces tough decisions in China where plummeting sales have cast a pall over … – SCMP
- GM’s Ultium battery plant in talks for union wage boost – Reuters
- Ford CEO Jim Farley and his $300,000 Mustang are Gunning for Porsche – Bnnbloomberg
- GM to close Arizona IT center, eliminating 940 jobs – Automotive News
- China’s Bustling Car Market Is Rare Black Mark on Hyundai’s Blockbuster Year – Bloomberg
- The 10 Best Electric Car Lease Deals This Summer – Businessinsider
- Stellantis Weighs Tie-Up With EV Maker to Expand in China, Sources Say – Bnnbloomberg
Wednesday Morning Auto News, Aug 23, 2023: Tesla’s German plant lowers production target amid slower output. Elon Musk blocks James Woods on X after the actor criticized his move to end blocking. More
- Tesla’s German plant lowers production target amid slower output – Reuters
- Elon Musk blocks James Woods on X after the actor criticized his move to end blocking – LATimes
- Peloton shares drop 30% after posting wider than expected loss, falling sales due to Bike recall, seasonality – CNBC
- Old Jaguar I-Pace batteries to be given second life in energy plant – Autocar
- Advance Auto Parts Earnings Miss. Why It’s a Warning for Ford, GM, Stellantis. – Barrons
- Check out the Spectacular Automobiles at Monterey Car Week – Barrons
- 2023 Land Rover Defender 130 First Test: Long and Strong – Motortrend
- How Renault went from near-bust to boom in three years – Autocar
- Nissan Kicks next-gen production delayed by theft at supplier – Automotive News
- Signals: Tata Motors files design patent for a double-decker electric bus – Just-Auto
- Stellantis in talks for potential EV tie-up in China – Reuters
- LS e-Mobility wins EVs parts contract with Hyundai – Just-Auto
- GAC Aion EV exports to Thailand ahead of local output – Just-Auto
- Stellantis Weighs Tie-Up With EV Maker to Expand in China, Sources Say – Bloomberg
- Hyzon Motors elects new board chairman – Just-Auto