- EV start-up Fisker prepares for possible bankruptcy filing, WSJ reports – Reuters
- Tesla a ‘Growth Company With No Growth,’ Wells Fargo Says – Bloomberg
- Japan’s Nissan could seek partnership with Honda, TV Tokyo says – Reuters
- Renault expects closing of electric vans JV with Volvo and CMA CGM by early April – Reuters
- Chinese automakers open factories abroad as export clout causes friction – Reuters
- Volkswagen considers partnership to produce mass market electric vehicles – FT
- Focus: Ford has big goals for software sales to small business truck fleets – Reuters
- Volvo cutting truck output? – Just-Auto
- GM’s ‘Year of Execution’ just got infinitely harder for CEO Mary Barra – Freep
- Japan to allow private-driver ride – hailing services in four areas – Japantimes
- Hyundai to recall 28,439 vehicles in US due to oil leak risk, NHTSA says – Reuters
- Dealers begin deliveries of delayed Lotus Emira – Automotive News
- China’s Nio and CATL partner on developing batteries with longer life – Reuters
Thursday Morning Auto News, Mar 14, 2024: Fisker prepares for bankruptcy. Tesla: “Growth company with no growth.’ Partnership talk: Nissan with Honda, Renault with Volvo, Volkswagen with whoever. More.
Wednesday Morning Auto News, Mar 13, 2024: Wells Fargo downgrades Tesla, Günheide production will take some time to resume, Model 2 won’t ramp until 2027. More.
- Wells Fargo downgrades Tesla, sees electric vehicle stock dropping nearly 30% from here – CNBC
- Tesla says it will take some time for production at German factory to fully resume – Reuters
- Tesla Model 2 may not fully ramp up until 2027, analyst says – Automotive News
- Toyota agrees to biggest wage hike in 25 years, paves way for BOJ shift – Autoblog
- Exclusive: Italy in talks with China’s Chery on car plant – Reuters
- 2025 Nissan GT-R could be final R35 before retirement – Autoblog
- Lynne Davison Clippert Obituary – The Detroit News
- Companies paid top executives more than they paid in US taxes – Guardian
- Li Auto Boosts Sales in China. The Stock Is Falling After a Big Gain. – Barrons
- Volkswagen says it has received Chinese government approval for ID.UNYX model – Reuters
- Porsche Unleashes 1,093-hp Taycan Turbo GT – Wardsauto
- Zeekr Mix: Volkswagen ID Buzz rival set for UK launch in 2026 – Autocar
- Subaru and Aisin to partner on e-axles – Just-Auto
- Volkswagen still ‘convinced future is electric’ despite EV winter – Fortune
- Apple spent 10 years trying to launch a car. China’s Xiaomi just did it in 3. – Businessinsider
- Li Auto Shares Rise After Stronger Weekly Sales, Price Cuts – Wall Street Journal
- China to redefine premium EVs: – Chinadaily
Tuesday Morning Auto News, Mar 12, 2024: 13 of 14 automated driving systems rated ‘marginal’ or ‘poor’ in IIHS test. Tesla Grünheide reconnected. Tesla blacklists Cybertruck owner. More.
- 13 of 14 automated driving systems rated ‘marginal’ or ‘poor’ in IIHS test – Automotive News
- Tesla’s German gigafactory reconnected to grid after week-long outage – Automotive News
- Tesla blacklists Cybertruck owner trying to resell pickup, owner alleges on forum – Automotive News
- Lexus Beats Tesla, Mercedes in Driver-Assistance System Safety Ratings – Bloomberg
- Tesla, rivals get low marks for automated-driving technology – Reuters
- Nissan returns to sales playbook to move old Rogue supply – Automotive News
- Tesla Stock Is Rising. Rival BYD Denies Problems and More EV News Today. – Barrons
- Ford Performance Releases Gen 4 Coyote Aluminator Crate Engine – Motortrend
- Tesla Abandons an Auto Lobby Over Emissions Rules – Bloomberg
- China’s Jianghuai Automobile, Volkswagen China to boost investment in JV – Reuters
- Ford recall: Takata airbag investigation is thanks to whistleblowers – Freep
- Delivery Is Retail’s New Game. How the Players Stack Up. – Barrons
- Honda, Nissan Considering Cutting China Capacity, Nikkei Says – Bloomberg
- Porsche warns of fall in profitability but hikes dividend on strong 2023 results – CNBC
- Hybrids to thrive in new energy vehicle market, say experts – Chinadaily
Monday Morning Auto News, Mar 11, 2024: Feds probe Honda over braking issues. Tesla Grünheide could get power Monday. Geely’s funding hopes clouded. Hino-Fuso merger delayed. More.
- US opens probe into 250,712 Honda vehicles over braking issues – Reuters
- Tesla’s German gigafactory could get power Monday, energy firm says – Reuters
- Geely’s funding hopes clouded by Lotus share price collapse – FT
- Hino-Fuso merger delayed – Just-Auto
- Judge blocks NLRB rule on contract and franchise workers – Fortune
- Volkswagen ID 3 GTX due imminently as electric Golf GTI alternative – Autocar
- Skoda set to unveil £21,000 small electric SUV on Friday – Autocar
- Rolls-Royce primes Series 2 Ghost with V12 power – Autocar
- China is teaching the likes of Apple and Tesla a very painful business lesson – Businessinsider
- VW joins Tesla in quitting Australian auto lobby committee – Automotive News
- Insight: Next Autopilot trial to test Tesla’s blame-the-driver defense – Reuters
- Elon Musk says his AI startup xAI will open-source its Grok chatbot – Reuters
- This Week in Chancery Court: Juul Trial, Hertz, Winklevoss Twins – Bloomberglaw
- Automakers Are Sharing Consumers’ Driving Behavior With Insurance Companies – New York Times
- The Mustachioed Handlebar Car Was No Joke – Motortrend
Friday Morning Auto News, Mar 08, 2024: Dems probe SpaceX. Tesla out of market cap Top 10. Charge goes Chapter 11. Rivian pauses factory construction, unveils SUV. More.
- House Democrats probe SpaceX over alleged illegal export and use of Starlink by Russia – CNBC
- Tesla Drops Out of the Market Cap Top 10 – Wall Street Journal
- EV charging station company files for Chapter 11 bankrupty – Automotive News
- Rivian Pauses New Factory to Save Cash, Unveils Cheaper EV (2) – Bloomberglaw
- EV maker Rivian unveils smaller, less expensive SUVs, crossovers – Reuters
- China EV sales slow in January-February as competition intensifies – Reuters
- EV startup Fisker is fighting for survival – CNBC
- German tuner Techart gives Porsche 911 Turbo S up to 789bhp – Autocar
- Novo Nordisk market cap surpasses Tesla on new obesity pill trial data – CNBC
- Peugeot Hypersquare steering wheel set for production in 2026 – Autocar
- Nissan says it won’t shortchange suppliers as regulators swoop – Automotive News
- Nissan may bring ultra-compact EV production in-house from 2028, sources say – Reuters
- China’s Xpeng’s drone car AeroHT Voyager X2 completes low-altitude flight in Guangzhou city – Reuters
- Sam Altman and Elon Musk are beefing, but the two share plenty in common – Businessinsider
- German industrial output rises more than expected in January – Reuters
- M&A giants debate Elon Musk’s war on Delaware – FT
German BEV sales, 2/24: It’s a tragedy
By a hair, Tesla could have been Germany’s largest BEV maker last month. Would they have squeezed only a paltry 500 units more into the German market, Tesla would have outsold Germany’s juggernaut, the entire Volkswagen Group in terms of BEVs. Which demonstrates the tragedy of charts and statistics.
The tragedy is that German’s formerly high-flying BEV market contracted by 15% in February, taking its market leaders with it into the abyss. Registrations of Tesla cars shrank 21.7% compared to February 2023. Sales of #1 Volkswagen Group withered by nearly 29%.
The reason?
Germany’s formerly generous BEV-subsidies were yanked by the country’s highest courts
Germans desert en-masse to hybrids and plug-in hybrids. In February, hybrids out-sold BEVs more than 2:1. Sales of plug-in hybrids increased by 22.3% yoy.
Thursday Morning Auto News, Mar 07, 2024: Renault promises half-price home electricity. NJ man caught trafficking Starlink terminals. Tesla Grünheide shut for another week. More.
- Renault promises half-price home electricity with new tech – Autocar
- New Jersey man charged with trafficking 675 SpaceX Starlink terminals – CNBC
- Tesla says Berlin plant power outage to continue until end of next week – Automotive News
- X Could Stop Showing Number of Likes and Reposts: Elon Musk – Businessinsider
- Apple Car Had Xbox-Like Controller As Backup Control: Bloomberg – Businessinsider
- Apple is not the only company backing away from driverless cars – FT
- Tesla Is No Longer One of the Top 10 Most Valuable S&P 500 Companies – Barrons
- Nissan Hit With Class Action Over Malfunctioning Radiator Fans – Bloomberglaw
- 2025 Ram 1500 Review: Big changes everywhere, but still our favorite – Autoblog
- KGM to launch 300-mile 4×4 EV pick-up in early 2025 – Autocar
- India’s Tata Motors to hike commercial vehicle prices by up to 2% – Reuters
- New Lotus Emeya brings 905bhp for £129,950 – Autocar
- Tesla shares drop of analyst warns of ‘over-supplied’ China EV market – Fortune
- What you need to know about software defined vehicles – Automotive News
- Lyft earnings report error prompts shareholder lawsuit – Reuters
- OpenAI says Musk agreed the ChatGPT maker should become a for-profit company – Bnnbloomberg
- Apple’s car prototype was internally called the ‘Bread Loaf’ because of its shape: – Businessinsider
- Mahindra Family to Sell ‘Small’ Portion of Stake in Automaker – Bloomberg
- How to Avoid a Crash in Your New Electric Car – Bloomberg
- Unity Partners with Mazda to Transform In-Cabin Car Experience – FT
- Female SpaceX Employee Sues Company Alleging Discrimination, Retaliation – Businessinsider
- Tesla quits Australia auto lobby over claims on car emission standards – Reuters
- Sam Altman Brings the Receipts on Elon Musk’s Involvement in OpenAI – Businessinsider
- Elon Musk’s X Beats Most of Music Publishers’ Copyright Suit (1) – Bloomberglaw
- F Company Profile & Executives – Wall Street Journal
- After Trump meet, Musk says he won’t donate to either US presidential candidate – Reuters
- Shut-Out OpenAI Exec Signs Response Against Elon Musk – Businessinsider
- Texas Parks and Wildlife votes unanimously to swap 43 contested acres to Elon Musk’s SpaceX – Fortune
- Mobileye Stock Gaps Higher. What Just Happened? – Barrons
- Lawsuit: Los Gatos PwC partner accused of crashing Tesla at 100 mph into young man’s car after day, night of company-endorsed drinking – Mercurynews
- UAW says 30% of workers at Toyota Missouri factory seek to join union – Reuters
Wednesday Morning Auto News, Mar 06, 2024: Musk meets Trump. Tesla Grünheide stays shut. BYD makes cheapest EV cheaper. More.
- Donald Trump, Seeking Cash Infusion, Meets With Elon Musk – New York Times
- Tesla’s Berlin factory to remain closed until next week after suspected arson nearby – Automotive News
- BYD Cuts Starting Price of Cheapest Electric Car Amid Fierce Competition – Wall Street Journal
- Toyota buys out Panasonic from key battery maker in push for EVs – Automotive News
- US court clears Apple, Tesla, Microsoft, others of child labour charges in Africa’s cobalt mines – Businessinsider
- OpenAI releases Elon Musk emails to show he backed for-profit plans – FT
- Uber Eats Japan begins deliveries with self-driving robots – Japantimes
- Elon Musk Hits Out at ‘Eco-Terrorists’ After Arson Attack Near Tesla Plant – Businessinsider
- Waymo to test cars without humans behind wheel in Austin – Axios
- Waymo robotaxi to begin driverless services for employees in Austin – Reuters
- Tesla stock is plunging because Musk has too many projects, investor Ross Gerber says – Autoblog
- Florida dealer lists used Tesla Cybertruck for almost $300,000 – Autoblog