Daily Kanban Online News – Page 8 – I wish I had more to offer

Monday Morning Auto News, Oct 07, 2019

Volvo and Geely to Merge Engine Operations in Electric Car Push – Bloomberg: Volvo and Geely to Merge Engine Operations in Electric Car Push Bloomberg
VW in talks to share its electric know-how – The Detroit News: Ford agreed earlier this year to use VW”s main electric-car platform for a high-volume car in Europe
Volvo and Geely to merge combustion-engine programmes – Autocar: Volvo engine New engine division will focus on hybrid development, while Volvo will push resour…
Week 4: As UAW GM strike takes its toll, workers vow they’re more committed than ever – Freep: Sounds of gospel music filled what was once the gymnasium in the old Gundry School, now a church with deep connections to GM’s factory workers.
Move to close training center emerges in midst of GM-UAW contract talks – Freep: Key issues remain on the table between GM and the UAW and one of those is the training center embroiled in part of a federal corruption probe.
Harley struggles to fire up new generation of riders with electric bike debut – CNBC: The bike costs nearly as much as a Tesla Model 3, and aims for a market that does not really exist: young, “green” and affluent first-time motorcyclists.
Mercedes-Benz sales soar to record on back of boost from China – FT: Mercedes-Benz sales soar to record on back of boost from China

Swedish EV firm NEVS to sell final new Saab 9-3 this month – Autocar: An unused crash test model from 2013 will be auctioned to raise funds for sustainable mobility res…
1964 Olympic cauldron returns ‘home’ to Saitama Pref. after touring disaster-hit areas – Mainichi: … diameter and weighs approximately 4 metric tons, was created by local metal worker Mannosuke Suzuki and his son Bungo, both now deceased.
Volvo, Geely to merge combustion engine operations – Reuters: Volvo, Geely to merge combustion engine operations Reuters
New Aston Martin Vantage Roadster: first images released – Autocar: V8-powered drop-top will take on the Porsche 911 Cabriolet with over 500bhp and a price tag around…
Analysis: How China is fuelling Volkswagen’s electric dream – Autocar: Volkswagen”s global ID models will be joined by China-only variants Volkswagen”s ambitious EV p…
Jobless claims up around U.S. amid GM strike – The Detroit News: As 46,000 walk picket lines outside GM facilities in 19 states, thousands laid off because of the strike are waiting for a call to return to work.
When harm comes from safety tech, what to do? – Automotive News: More than 800 motorists have lodged complaints about false positive incidents on Nissan Rogues with automated emergency braking systems.
FCA chief cleans up the messes of a legend – Automotive News: When Mike Manley was thrust into the role of CEO of Fiat Chrysler Automobiles in 2018 as his predecessor, Sergio Marchionne, lay dying, the …
V2X might speed progress on the road to autonomy – Automotive News: At the time, only Tesla appeared to be working towards “fake human” driving, by which I mean, relying on cameras/visible spectrum and using artificial …
Peugeot to ditch GTi badge? – Autocar: Peugeot to ditch GTi badge? NZ Autocar

Friday Morning Auto News, Jul 26, 2019

No-deal Brexit threatens UK car production, industry warns PM Johnson – Reuters: A no-deal Brexit is an existential threat to the British car industry and would risk output, a British car industry body warned new Prime Minister Boris Johnson on Friday.
After Nissan, a profit plunge at Renault too – Reuters: French automaker Renault cuts revenue goal after a weaker first half, a day after alliance partner Nissan announced big job cuts and earnings woes. Francis …
SpaceX successfully flies Mars prototype rocket for the first time – CNBC: SpaceX took a noticeable step forward in its development of a massive, next-generation means of space transportation.
Real-world benefits of car safety technology – Reuters: .comAutomakers are accelerating the rollout of technology designed to avoid crashes and improve road safety. Here’s a look at selected crash avoidance features, …
Renault CEO Bollore on Nissan Alliance, Collapsed Fiat Talks, Sales – Bloomberg: Renault SA Chief Executive Officer Thierry Bollore discusses the French automaker’s sales, its alliance with Nissan Motor Co., the collapsed talks with Fiat …

ABB Stock Dropped Because Auto Makers Aren’t Buying Enough Robots – Barrons: The stock dropped anyway, by about 2% in overseas trading, because the global automotive industry is weak. That isn’t a surprise. Automotive is the …
New auto safety technology leaves insurers in the dark – Reuters: Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are …
Editorial: Even car companies aren’t going along with Trump’s rollback of mileage and emissions standards – Latimes: President Trump is hellbent on rolling back the nation’s fight against climate change. But he’s increasingly going it alone. Even some of the companies whose …
Tesla Loses a Founder, and a Piece of Its Soul – Bloomberg: J.B. Straubel, the outgoing technology chief, says he’s taking a break before getting back to “building things.”
Wildcat Discovery, InoBat to build electric car battery line in Slovakia – Reuters: Slovak group InoBat and U.S. energy tech firm Wildcat Discovery Technologies will build a 100 million euro ($111 million) automotive battery production line in …
Woes at Maruti Suzuki underscore troubles in India’s car industry – FT: India’s largest carmaker, Maruti Suzuki, has recorded a 27.3 per cent drop in net profits in the April to June quarter, compared to the same period last …
Ford will ax Ka+ minicar in Europe – Automotive News: PSA Group’s Opel-Vauxhall unit has said it will drop its Karl and Adam minicars. PSA has also hinted that the Peugeot 108 and Citroen C1 might be …
Renault cuts revenue goal as car industry misery spreads – Reuters: Renault warned revenue may decline this year, scrapping a previous goal, after first-half profit was hit by weakening car demand and an earnings collapse at alliance partner Nissan in the wake of the Carlos Ghosn scandal.
Maruti Suzuki India June-quarter profit dives, but tops estimates – Reuters: IndiaMaruti Suzuki India Ltd on Friday posted a 27.3% plunge in its first-quarter net profit amid an industry-wide slowdown in demand, but beat market expectations.
Ford, BMW, VW, Honda reach compromise with California on emissions – Automotive News: The automakers reached an agreement on fuel efficiency rules with California, which accounts for 12 percent of U.S. vehicle sales.
China’s CATL to start battery storage business in Japan with Next Energy – Reuters: China’s electric vehicle battery maker Contemporary Amperex Technology Co Ltd (CATL) said it will start offering products to homes and plants in …
Renault cuts revenue goal after weaker first half – Reuters: Renault warned that revenue may decline this year, scrapping a previous goal, after first-half profit was hit by weakening car demand and an earnings collapse at alliance partner Nissan in the wake of the Carlos Ghosn scandal.
French carmaker Renault cuts 2019 revenue outlook – Reuters: French carmaker Renault on Friday cut its 2019 revenue outlook, on the back of falling demand and tough conditions within the automotive industry.
China will not set blanket winter output cuts for heavy industry – Reuters: China’s central government will not set overall output restrictions on heavy industry for the coming winter, but will direct local governments to set limits based on manufacturers’ emissions, the environment ministry said on Friday.
Renault Lowers Sales Outlook as Europe Auto Downturn Takes Hold – Bloomberg: Renault SA lowered its outlook for full-year sales as the French carmaker grapples with a downturn in the European car market and dismal results from partner …
As electric vehicle production ramps up worldwide, a supply crunch for battery materials is looming – CNBC: As car manufacturers ramp up production of electric cars, metals used to make the vehicles’ batteries may face a supply crunch, according to a new report.
China’s Pony.ai gallops up behind Google in driverless cars – Nikkei: China’s Pony.ai gallops up behind Google in driverless cars … China also maintains tighter restrictions on self-driving cars than the U.S., and there … a one-hour drive from the city center, and plans to expand the fleet to 100 this year.
Japan, US eyeing ministerial trade talks in Washington, DC on August 1 – Reuters: Japanese Economy Minister Toshimitsu Motegi is … and instead wants to prod the United States into cutting tariffs on auto parts.
SoftBank Forms $108 Billion Vision Fund 2 With Apple, Microsoft – Bloomberg: … two or three years to take advantage of opportunities to invest in cutting-edge technologies such as artificial intelligence and autonomous driving.

Thursday Morning Auto News, Jul 25, 2019

‘Not a lot to like’ – Analysts pan Tesla as the shares are slammed on poor results – CNBC: “We continue to believe Tesla is fundamentally overvalued but strategically undervalued,” Morgan Stanley said. “Overall, we doubt this quarter will …
Tesla Tech Chief’s Exit Is Latest High-Profile Departure – Wall Street Journal: In January, Tesla surprised investors when it announced during another earnings … Mr. Straubel outlasted Martin Eberhard, another founder of Tesla.
Tata Motors posts wider quarterly loss on weak JLR sales – Nikkei:
Diesel Chevy Silverado 1500 pickup blows past Ford F-150, Ram in mpg – Freep: “Any consumer looking for a fuel-efficient, powerful option can find one in the diesel option of America’s favorite vehicle, the pickup truck,” Diesel …
Eight Months After Ghosn’s Exit, Nissan Remains Stuck in a Rut – Bloomberg: A weaker Nissan means less clout for the carmaker in its alliance with … Saddled by aging car models such as the Juke and Murano, Nissan sold 6% …

Four automakers, California strike compromise on vehicle emissions – Reuters: Ford Motor Co, BMW AG, Volkswagen AG (VOWG_p.DE) and Honda Motor Co said on Thursday they have reached a …
Stocks making the biggest moves premarket: 3M, Comcast, Raytheon, Southwest, Tesla & more – CNBC: Names on the move ahead of the open.
Jaguar Land Rover posts £395 million loss due to falling sales – Autocar: Jaguar Land Rover recorded a £395 million loss in the last three months, due to declining sales and the impact of a planned Brexit shutdown – but …
VW Q2 operating profit rises 30% as utility vehicle push pays off – Automotive News: VW expects vehicle deliveries in 2019 to exceed last year’s figure and for revenues in the passenger cars and commercial vehicles divisions to grow at least 5 percent.
ABB cautions on China as robotics sales flag – Reuters: ABB Ltd (ABBN. … Demand for cars in Europe is 3.1% down in the year to date while Mercedes maker Daimler this week also …
DiDi, Toyota to set up JV for smart fleet management – Xinhuanet: The two parties announced collaboration on the e-Palette, a self-driving modular store in January 2018, and have piloted vehicle-related services for …
Tata Motors first-quarter loss nearly doubles – Reuters: Tata Motors Ltd reported a bigger quarterly loss on Thursday, as a slump in demand for cars continued at home, while plant shutdowns and delays resulting from issues arising due to Britain’s planned exit from the European Union also hurt earnings.
Earnings tumble at automakers, but VW defies the gloom – Reuters: More evidence has emerged of tough times for the auto sector following weak numbers at Ford, Nissan and Tesla. But Volkswagen is defying the …
Alphabet’s Sales Under Microscope After Last Quarter’s Debacle – Bloomberg: … year and updates on progress in hardware and Other Bets, which includes its self-driving car unit Waymo, according to UBS analyst Eric Sheridan.
The Little Hybrid That Could, and Still Can – New York Times: When Honda introduced the first hybrid vehicle in America, the 2000 Insight, there was technological wonder, but few would call …
Aston Martin Bear Says It Needs to Raise a Billion Pounds to Catch Up With Ferrari – Bloomberg: The only analyst with a sell rating on Aston Martin Lagonda shares says the luxury carmaker will need to raise at least a billion pounds ($1.25 billion) in *fresh* …
Aston Martin fails to sell Vanquish’s tooling, design drawings – Automotive News: Aston Martin has written off 19 million pounds ($24 million) after the sale of the tooling and design drawings of the automaker’s Vanquish …
China exports gasoline to Mexico, Nigeria amid overflowing output – Reuters: … confidence as the trade war continues, reflected also in slumping car sales, said … Gasoline demand growth is also sliding as Chinese automobile sales, … (GRAPHIC: China’s auto sales in 12 months decline – tmsnrt.rs/2MlLS4b).
India’s auto parts makers warn of 1 million job cuts if slowdown continues – Reuters: India’s auto parts industry could be forced to slash a fifth of its 5 million or so workforce if the slowdown in vehicle sales …
Nissan will cut 12500 jobs as Q1 profit nearly wiped out – Automotive News: Nissan said it is axing 12,500 jobs after reporting its quarterly profit was nearly wiped out, hurt by an aging product lineup and a slide in …
Volkswagen to boost SUV sales to 40% of total by 2020 – Reuters: Volkswagen expects the proportion of sports utility vehicle sales to rise to 40% by 2020, from 25% last year, Chief Financial Officer Frank Witter said on …
Nissan to cut 12,500 jobs, more than double initial plan – Nikkei:
Nissan Earnings Sees 99% Profit Plunge – Bloomberg: Nissan reports a 99% plunge in first-fiscal quarter operating profit. Bloomberg’s Dani Burger reports on “Bloomberg Markets: European Open.” (Source: …
Nissan to Cut 12500 Jobs as It Struggles After Ghosn’s Arrest – Wall Street Journal: Nissan Chief Executive Hiroto Saikawa is cutting costs as he seeks to … On Thursday, Nissan said it planned to cut global production capacity by 10% …
Nissan to cut 12,500 jobs as first-quarter profit nearly wiped out – Reuters: Nissan Motor Co said on Thursday it would slash 12,500 jobs globally by 2022 and cut output to rein in costs as it suffers from sluggish sales and rising costs and tries to recover from a scandal surrounding ousted Chairman Carlos Ghosn.
Volkswagen Has ‘Strong Foundation,’ CFO Says – Bloomberg: Volkswagen AG Chief Financial Officer Frank Witter talks about the automaker’s financial results and business outlook. Volkswagen’s second-quarter operating …
Toyota Invests $600 Million in Chinese Ride-Hailing Giant Didi – Bloomberg: Their partnership builds on an alliance Didi started last year with a coterie of carmakers including China FAW Group, Dongfeng Motor Group and …
Nissan’s Ignoring the Rot at Home – Washington Post: If you’re looking for a metaphor for how politics has swamped decision-making at Nissan Motor Co., look no further than reported plans to restructure …
Volkswagen first-half operating profit up 10% on higher Volkswagen, Porsche sales – Reuters: Volkswagen Group (VOWG_p.DE) on Thursday said its first half operating profit rose 10.3% to 9 billion euros ($10.02 billion), …
Toyota says to invest $600 million in China’s Didi, new joint venture – Reuters: Toyota Motor Corp said on Thursday it will invest $600 million ( £481 million ) in Didi Chuxing and a new joint venture, as part of an agreement to expand …
As Tesla losses continue, Musk points to global growth – Automotive News: Tesla CEO Elon Musk, after reporting a surprisingly large loss in the second quarter, pointed toward an eventual, if delayed, return to profitability and …
Tesla Breaks Records But Doesn’t Break Even – Bloomberg: Just before the Q&A portion of Wednesday evening’s second-quarter call, CEO Elon Musk announced that JB Straubel, the company’s veteran chief …
SpaceX stops test of Starship prototype rocket during surprise livestream – CNBC: SpaceX was attempting to fly its “Starship” prototype rocket in its first short flight of more than a few feet off the ground on Wednesday.
Space jam? Companies risk clutter, conflict in race for the skies – Reuters: Aerospace companies such as Musk’s SpaceX and Bezos’ Blue Origin are aiming to become the first private firm to launch a human into space.

Wednesday Morning Auto News, Jul 24, 2019

Gloomy day for Daimler, Nissan, but PSA roars – Reuters: Daimler and Aston Martin struggle, Nissan plans yet more job cuts – but Peugeot owner PSA is one automaker to defy gloom in the sector. Francis Maguire …
GM’s Driverless-Car Unit Cruise Delays Robot-Taxi Service – Wall Street Journal: General Motors’ driverless-car business, Cruise, will delay the roll out of an autonomous ride-hailing *service* scheduled for late this year, underscoring the …
Porsche tops J.D. Power study of most appealing new vehicles – Automotive News: Ram was the most improved brand and ranked highest in the mass-market segment while Ford Motor Co.’s brands received five model-level awards in the annual study of new-vehicle appeal.
European car giants Peugeot SA and Daimler show signs of fighting back amid global auto slowdown – Barrons: Peugeot maker PSA defied the global auto slowdown with a 10.6% profit rise in the first half of the year, while Mercedes owner Daimler’s stock rose on a more …
German carmaker BMW considers China as very strong driver of technology – Xinhua | English.news.cn – Xinhuanet: China is a very strong driver of technology, a spokesperson of German carmaker BMW told Xinhua on Wednesday. “We strongly …
PSA seeks European company legal status following Opel/Vauxhall takeover – Automotive News: Automaker says move will reflect group’s European scope following the takeover of Opel/Vauxhall.

Man jailed for 15 years for driverless car bomb plot – Guardian: A man who plotted a terrorist attack involving the use of a bomb inside a remotely controlled vehicle has been jailed for 15 years. Counter-terrorism …
Uber Drivers Lose Suit Over ‘Racist’ UK Environmental Fee – Bloomberg: It’s the latest stage of a long-running battle between those working for the ride-hailing firm and traditional cabbies, which has spilled from the city’s …
Brexit auto industry fears heightened with Boris Johnson becoming UK prime minister – Automotive News: Britain’s incoming prime minister has shown little sign that he takes the car industry seriously, having once said he knows about how to run an automaker than …
Why the UK auto industry will not welcome a Boris Johnson gov’t – Automotive News: … radio interview that he knew more about how to run an automaker than Jaguar Land Rover CEO Ralf Speth, who had just warned about job losses.
Daimler’s Q2 loss triggers more cost-cutting, product review – Automotive News: Daimler is battling slower demand in China and the U.S., along with huge costs to develop electric cars and regulatory scrutiny over its diesel emissions.
NHTSA says it is reviewing complaints of faulty Ford transmissions – Freep: Congressional leaders urged the review after a Free Press investigation found Ford sold the vehicles knowing their transmissions were faulty.
Nissan Braces for More Pain as Weak Profits Force Restructuring – Bloomberg: Nissan Motor Co. confirmed reports of a 90% drop in quarterly operating profit and a broader restructuring a day before posting results, underscoring the …
Tesla`s Ability to Make Money Is Under Spotlight as Results Loom – Bloomberg: Tesla Inc. sold a record number of cars during the second quarter. But did the company make enough money while doing so?
Breakingviews – If only James Bond could rescue Aston Martin – Reuters: If only James Bond could rescue Aston Martin Reuters(Reuters Breakingviews) – If only James Bond could come to the rescue of Aston Martin. The British maker of 007’s legendary sports car is struggling. With the …
German Car-Parts Maker Put Up for Sale Amid Spat Between Owners – Bloomberg: German auto parts maker Weber Automotive GmbH has been put up for sale as part of insolvency proceedings that started this month, according to a …
Uber Freight launches in Germany, taking on local competition – Reuters: U.S. ride-hailing company Uber is launching a freight platform in Germany, taking on local technology startups in a race to grab a share of Europe’s $500 billion trucking market.
Daimler CEO says there are no plans to pursue a merger or spin-off – Reuters: Daimler has no plans to spin off its trucks division or to pursue a merger with BMW as a way to raise the company’s share price, Chief Executive Ola Kaellenius said on Wednesday.
Toyota’s Thailand unit retains domestic car sales forecasts – Reuters: (Corrects date in dateline). BANGKOK, July 24 (Reuters) -. * Thailand’s total domestic cars sales for 2019 are still projected at 1 million units, down 3.8% from …
Aston Martin Plunges After Cutting Vehicle Sales Forecast on Challenging Outlook – Bloomberg: Aston Martin Lagonda cut its full-year sales forecast by as much as 14% after weakness in key markets intensified, joining a range of carmakers to warn of a …
Aston Martin cuts 2019 forecasts on UK, Europe weakness – Reuters: IndiaLuxury carmaker Aston Martin on Wednesday lowered several of its forecasts for this year, saying it had been hit by macro-economic uncertainty and weakness …
Nissan to Report 90% Plunge in Profit, Report Says – Bloomberg: Nissan Motor Co. will report a drop of about 90% in its fiscal first quarter … global alliance between Nissan, Renault SA and Mitsubishi Motors Corp.
Carmaker PSA defies gloom in auto sector with record profits – FT: French carmaker PSA posted record profits for the first half of 2019, bucking the gloom across the sector, as cost controls and the rollout of new models …
PSA Group profit jumps on pricing, Opel synergies – Reuters: French carmaker PSA Group delivered a sharp increase in first-half profit, as new models and the integration of Opel-Vauxhall more than made up for weaker emerging-market sales.
Nissan shares edge up on reports it will cut 10000 jobs – FT: … come as Hiroto Saikawa, Nissan’s chief executive, has struggled to stem the fallout from the arrest and ousting of its former chairman Carlos Ghosn.
Peugeot Maker Improves Profit Margins on More Costly Models – Bloomberg: Peugeot maker PSA Group’s profit margin widened to a record in the first half of the year through the sale of more expensive models, although the French …
Daimler Q2 hammered by Takata, diesel charges – Reuters: Luxury carmaker Daimler said it would intensify cost cuts after legal risks for diesel-related issues and the cost of replacing Takata airbags triggered a 1.56 …
Augmented Reality Is Now in Your Phone, Eyeglasses and Car – Washington Post: If you dodged real-world trash cans to chase virtual monsters during the Pokemon Go craze, you experienced augmented reality. Sixty years after …
US Truck Driver Shortage Is On Course to Double in a Decade – Bloomberg: Women make up less than 7% of drivers, and the industry is pushing to entice more with technology that makes trucks easier to drive and more …
Japan’s Nissan to double global job cuts to over 10,000 – source – Reuters: Nissan Motor Co Ltd plans to expand job cuts to over 10,000 to help turn around its business, a person with direct knowledge of the matter said on Wednesday, showing the tough road ahead for an automaker grappling with management upheaval.
Lyft makes self-driving research public to speed development – The Detroit News: It”s the largest such trove of data made available to researchers and rivals, Lyft said
Uber, Lyft Rides May Be Taxed Under San Francisco Measure – Bloomberg: Uber, Lyft Rides May Be Taxed Under San Francisco Measure. By … Ride-hailing customers may be forced to pay a new tax in the city where the …
Corrected: Nissan plans to cut over 10,000 jobs globally – Kyodo – Reuters: Nissan Motor Co Ltd is planning to cut more than 10,000 jobs globally as part of efforts to turn around its business, Kyodo News reported on Tuesday, citing company sources.
In win for Ford, Fed Circuit won’t extend ‘functionality’ defense to patent law – Reuters: The doctrine of aesthetic functionality, which limits the trademarking of the functional features of a product, does not extend to design patent law, a federal …
Harley-Davidson gets EU approval for plan to dodge $100 million tariff hit – Latimes: Harley-Davidson Inc.’s highly contentious plan to dodge tariffs by shifting some production overseas has been green-lighted just as the iconic …

Tuesday Morning Auto News, Jul 23, 2019

Disruption, corruption loom over UAW union talks with Big Three Detroit automakers – CNBC: Uncommon issues during this year’s talks include technological changes threatening traditional union jobs and an ongoing federal corruption probe that has already led to eight convictions.
Tesla’s ‘Anemic’ High-Margin Model Sales Extends Profit Struggle – Bloomberg: Tesla Inc. is delivering more cars than ever because of the emergence of Model 3 customers like Mike Land. His view of the relative weakness of Elon Musk’s …
Daimler and Bosch get green light for ‘world’s first’ automated valet parking system – CNBC: Daimler said that the system was the “world’s first fully automated driverless SAE Level 4 parking function to be officially approved for everyday use.”
Once Feared Dead, Globalization Is Still Very Much Alive – Bloomberg: Car failure | Germany’s Continental AG cut its earnings outlook as the car-parts giant emerges as the latest industrial victim of trade woes tied to …

Ford faces lawsuit over allegations of false mpg ratings – Automotive News: The federal lawsuit seeks class-action status and follows two other lawsuits in consecutive months over the same issue in Ford Ranger trucks.
Continental’s Warning on Car Slump Shows Reality Is Hitting Home – Bloomberg: Continental joined French car-parts supplier Faurecia SA — which is … As part of a broader overhaul to brace for the industry’s shift to self-driving and …
All-electric Ford-150 is revealed – The Detroit News: Linda Zhang, chief engineer of the Ford F-150, shows the capability of a prototype all-electric F-150 by towing 10 double-decker rail cars and 42 2019-model year F-150s, weighing more than 1 million pounds
Germany’s Continental, Jungheinrich hit brakes as auto sector slows – Reuters: A slowing auto sector prompted profit warnings from supplier Continental and paint systems producer Duerr late on Monday.
Apple hires another Tesla engineer – Automotive News: Apple has hired Steve MacManus, at least the third Tesla engineering executive to join the technology giant in the last year. MacManus, a Tesla vice …
AMS re-opens door on Osram bid as recovery continues – Reuters: Apple supplier AMS (AMS. … VCSELs, used in the auto industry, are an infrared laser technology that helps to provide a large field …
France’s Faurecia holds course in ‘tougher than expected’ auto market – Reuters: French auto parts maker Faurecia (EPED.PA) said it maintained first-half profitability despite a China-led decline in auto production, …
China Sees Something in Daimler We’ve All Missed – Bloomberg: The company’s shares are still struggling to recover from an emissions scandal. But Asian suitors are interested in its electric-vehicle future.
Semiconductor supplier STMicroelectronics sees big gains from electrification shift – Automotive News: We recently shipped the first prototypes of the EyeQ5 chip for Level 4 autonomous driving applications, with mass production expected in 2020.
Seat’s Cupra teases high-performance EV – Automotive News: The production version is likely to use Volkswagen Group’s MEB electric architecture, which will underpin EVs for the VW, Audi, Seat and Skoda …
Beijing Auto Buys Stake in Daimler, Deepening Their Alliance – New York Times: The deal will tighten the German automaker’s ties to China, which has become an important market but where overall sales are falling.
The Robot Apocalypse Has Been Postponed – New York Times: The delay of self-driving cars is another sign that stagnation still trumps acceleration.
China’s BAIC Takes 5% Stake in Daimler to Boost Partnership – Bloomberg: Beijing Automotive Group Co. is poised to get a 5% stake in Daimler AG, the automaker’s long-standing partner in China to affirm their cooperation.
China’s BAIC buys 5% Daimler stake; Daimler welcomes investment – Reuters: Beijing Automotive Group Co Ltd said on Tuesday that it had purchased a 5% stake in Germany’s Daimler.
Staffing firm Randstad’s earnings hit by slowdown at German carmakers – Reuters: Netherlands-based staffing group Randstad on Tuesday said its underlying earnings fell 4% in the second quarter, below analyst forecasts, due to a slowdown …
China exports first batch of second-hand commercial vehicles – Xinhuanet: A ceremony was held Monday in north China’s Tianjin Municipality for the export of 60 second-hand commercial vehicles, …
Breaking Down Hyundai Earnings – Bloomberg: KJ Hwang, director at CGS-CIMB Securities, discusses Hyundai Motor earnings and his outlook for the South Korean auto sector. He speaks on …

Monday Morning Auto News, Jul 22, 2019

UK authorities invest nearly $100 million into electric vehicle research – CNBC: Industry and academia are set to lead the development of the new technologies.
India’s Kotak Mahindra Bank Q1 profit slightly misses estimates – Reuters: India’s Kotak Mahindra Bank Ltd reported a 32.7% jump in first-quarter profit, but marginally missed estimates as …
Uber Profit Path Seen Slowed by Riders Taking Cheaper Rides – Bloomberg: Uber Technologies Inc.’s path to profit is likely to be slowed by growing competition as a significant number of customers are willing to wait around for …
Factory strategist Zipse offers BMW a bold way forward – Automotive News: This month, before Oliver Zipse knew that he would be named CEO of BMW Group, he gave an impassioned talk here to the …
Traffic safety agency says its critics are wrong about its lack of toughness – Freep: … defects and must rely too much on car companies, safety advocates say. … “In many cases, we work closely with the manufacturer to raise consumer …
Ford`s Slowing China Business Is Creating Roadblocks for Its Global Ambitions – Wall Street Journal: Ford’s multibillion-dollar push to expand in China this decade has veered off course, leaving it mired in a sales slump that is weighing on its future in the world’s …
Automakers, TRW face US lawsuit over airbag system – Automotive News: Six automakers and supplier TRW face a U.S. federal lawsuit seeking class-action certification over defective airbag control units. The complaint, filed Monday in …

Cummins makes offer for VW’s large engines unit, report says – Automotive News: VW CEO Herbert Diess has vowed to simplify the group which has 12 brands, trucks, buses, motorbikes, cars and electric bicycles as part of its …
Hyundai Motor lays out U.S. recovery plan, places hope on new SUV models – Reuters: South Korea’s Hyundai Motor Co laid out its U.S. sales turnaround plan on Monday with an expanded line-up of sport-utility vehicles (SUV), after posting its biggest quarterly profit jump in seven years.
S.Korea’s Hyundai Motor posts double-digit growth in Q2 operating profit – Xinhuanet: South Korea’s biggest automaker Hyundai Motor posted double-digit growth in the second-quarter operating profit on …
China Focus: Auto expo shows fierce competition in Chinese market – Xinhuanet: An Liguo, a sales manager from Changan Automobile, a major domestic brand, said that many consumers in China hunt for bargains and value both …
Korean Boycott Could Spread to Japanese Luxury Cars – Bloomberg: Japanese luxury cars may also take a hit, said Kwon Soon-Woo, an analyst at SK Securities. Toyota Motor Corp. and Honda Motor Co. have a …
Hyundai Motor Q2 net profit rises 31.2%, new models boost domestic sales – Reuters: South Korea’s Hyundai Motor Co on Monday said second-quarter net profit climbed 31.2%, as a weaker local currency …
Jaguar Land Rover is recycling more plastic – Autocar:
Europe Plans to Use the US Election to Beat Trump’s Trade War – Bloomberg: While the daunting threat of U.S. tariffs on Europe’s auto industry and other measures is very much alive, one line of thinking in the EU is that Trump …
Israeli startup uses artificial intelligence to predict auto crash injuries – Freep: Carmakers are investing millions in an Israeli startup is using big data to predict what kind of injuries drivers have sustained after an accident.
Toyota teases its plans for Olympics in Tokyo – Automotive News: Toyota’s plan to showcase new mobility technologies at next year’s Summer Olympics is still under construction. But more ideas might be in the works.
New Mini crossovers to fortify brand, BMW says – Automotive News: BMW will double down on its Mini brand with new products, even as customers drift away from small cars.
Outside the norm: ZF’s external airbag predicts crash – Automotive News: When ZF demonstrated its new external airbag in Germany, it was more than a variation on a familiar theme. The new game is all about predictive sensing.
Ford’s sales of big trucks surge after shift to U.S. – Automotive News: Moving production to Ohio from Mexico in 2015 made it easier for dealers to sell and service the F-650 and F-750.
ProPilot 2.0 alters Nissan’s curves – Automotive News: The automaker is discovering that as its self-driving technologies become more sophisticated, it will need to rethink some of its vehicle design touches.
GM CEO to blame for Silverado – Automotive News: The Silverado’s weak performance is the fault of GM’s leadership, writes an Automotive News reader in a letter to the editor.
BMW iNext: electric SUV’s innovative steering wheel revealed – Autocar: Autocar
The ritual dance with UAW begins again – Automotive News: and there are plenty – certainly the most difficult has to be the corruption scandal that the UAW and primarily FCA have …
Aluminum’s carbon footprint is dirty – Automotive News: Global sales of electric vehicles surged 63 percent in 2018 to 2 million – a figure predicted to increase sevenfold by 2025. By 2030, total global EV …
More Americans have died in car crashes since 2000 than in both World Wars – Washington Post: Since January 2000, more Americans have died in car crashes than did in both World Wars, and the overwhelming majority of the wrecks were caused …
US-Japan trade and the auto sector will be high on Abe’s agenda as he claims victory at the polls – CNBC: US-Japan trade and the auto sector will be high on Abe’s agenda as he … kept its armed forces from fighting abroad since 1945, when World War II ended. … Japan has been bracing for U.S. curbs on auto imports as its trade surplus …
Truck platoons can save fuel and combat a rising shortage of drivers – Automotive News: In December 2018, a McKinsey study predicted that any platooning solution that allows trucks to operate without a driver in the second truck would not …
Q&A with Red Whittaker – Automotive News: Self-driving vehicles start with Red Whittaker. … than a decade ago, which helped spark the modern-day push to build autonomous-driving systems.
Why Level 3 automated technology has failed to take hold – Automotive News: Two summers ago, Audi stood on the precipice of an automated-driving breakthrough. Its redesigned A8 sedans contained a system called Traffic Jam ..

Friday Morning Auto News, Apr 05, 2019

Today’s issue of the Morning Auto News brought to you from Hong Kong ….

Fiat Chrysler settles 2016 suit over claims of phony US sales – Automotive News: Fiat Chrysler’s U.S. unit settled an antitrust lawsuit claiming the company pushed dealers to submit fraudulent sales numbers to prop up its share price.
Tokyo court rejects Ghosn appeal against 10-day detention – Reuters: The Tokyo District Court on Friday said it had rejected an appeal by Carlos Ghosn’s lawyers against the detention of the ousted Nissan Motor Co chairman for 10 days to question him regarding their latest accusations of financial misconduct.
Tilson: ‘This is the beginning of the end for Tesla’ – Yahoo: Tesla on Wednesday morning announced that it had only delivered 63000 vehicles to customers that quarter – a 31% drop from the previous quarter.
Here’s how Lyft is doing one week after its IPO – CNBC: Lyft’s first week as a publicly traded company had some twists and turns after positives sessions the last few days. The stock is now trading right at its …

Arrested, again: Why Ghosn has been detained, what is different now? – Reuters: Ousted Nissan boss Carlos Ghosn is back in the Tokyo detention center where he previously spent 108 days, after being released just last month on a $9 million …
What to expect after Elon Musk’s day in court – CNBC: Former SEC prosecutor Elliot Lutzker believes the agency won’t remove Musk as CEO, but he’ll face a fine significantly larger than $20 million.
London’s Ultra Low Emission Zone: what you need to know – Autocar: The first ULEZ is coming, and more cities will follow. If you drive in London, you need to know whether your car is affected London’s Ultra Low Emission Zone (ULEZ) will come into force on Monday 8 April, affecting hundreds of thousands of vehicles…
Ghosn’s Fate May Hang on Complex Financial Web in Middle East – Bloomberg: He built one of the industry’s biggest car alliances, which includes Renault and Mitsubishi Motors Corp. Until last year, he was a Davos Man business …
EU charges German carmakers with blocking emissions cleaning technology – Reuters: European Union antitrust regulators on Friday charged BMW, Daimler and Volkswagen with colluding to block the rollout of emissions cleaning technology in a move that could lead to hefty fines.
Volkswagen is testing level 4 autonomous driving in city center traffic – Yahoo: This is the first time that Volkswagen has conducted tests of such magnitude, using cars equipped with level 4 self-driving technology in urban areas.
2020 Karma Revero plug-in hybrid to use BMW engine – Autocar: Preview image shows the hybrid saloon will bear a close resemblance to the current model Re-engineered hybrid saloon will be fully unveiled in Shanghai and arrive in Europe next year The 2020 Karma Revero plug-in hybrid saloon will make use of a…
Ghosn faces 10 days in detention; lawyer to appeal – Automotive News: A Tokyo court approved a request by prosecutors to detain Carlos Ghosn for 10 days for further questioning, a move the ousted Nissan chief’s lawyer said he would appeal.
Uber adds one pound on journeys in London’s congestion charge zone – Reuters: Uber will add an additional pound to the cost of journeys in central London from next week after the city’s transport authority said private hire taxi operators will no longer be exempt from the congestion charge.
Fiat Chrysler’s retooling of Mack Engine would mean 700 temporary layoffs – Freep: If city and state officials greenlight Fiat Chrysler Automobiles’ plan to convert its Mack Avenue Engine factory in Detroit to an assembly plant, about 700 …
BMW, Daimler, Volkswagen charged by EU regulators with emissions collusion – Automotive News: EU antitrust regulators charged BMW, Daimler and Volkswagen Group on Friday for hindering competition on emissions-cleaning technology between 2006 and …
EU regulators charge BMW, Daimler, Volkswagen with emissions collusion – Reuters: EU antitrust regulators charged BMW, Daimler and Volkswagen on Friday for hindering competition on emission cleaning technology between 2006 to 2014.
Supercar brands using female advisory boards to tap the potential of women buyers – Yahoo: From Aston Martin to Lamborghini, top luxury car makers are investing in getting more women to buy their cars.
Russia sales rise nearly 2% in March on by gov’t subsidies – Automotive News: Russia car sales rose 1.8 percent last month to 160180, helped by the introduction of government subsidies in March for lower-priced vehicles, the Association …
Trump to Cap Week of Border Threats by Visiting Calexico Wall – Bloomberg: Supply chains are closely integrated between the two countries, particularly in the auto industry. Car makers and farmers, who have already been hit …
Brexit depresses car demand in UK as sales drop 3% in March – Automotive News: 3 Vauxhall saw volume rise 2.1 percent, ahead of sister brand Peugeot, which rose 1 percent, but behind sibling Citroen, which jumped 22 percent.
Western European car registrations down 3.7% in March – Automotive News: Western European car sales fell 3.7 percent in March as a recovery from emissions-test bottlenecks proved short-lived, LMC Automotive data showed.
Tokyo court approves 10-day detention of Ghosn that his lawyer will appeal – Reuters: A Tokyo court approved on Friday a request by prosecutors to detain Carlos Ghosn for 10 days for further questioning, a move the ousted Nissan boss’ lawyer said he would appeal.
Coalition modelling not far off Labor’s electric vehicle target – despite criticising it – Guardian: Government modelling for climate policy cuts assumes an electric vehicle uptake of 25-50% of new car sales by 2030. Lisa Cox. Fri 5 Apr 2019 01.43 …
Carlos Ghosn to Stay Behind Bars for at Least 10 Days – WSJ: TOKYO-Carlos Ghosn will be held in jail until at least April 14 without possibility of bail, a Tokyo court said Friday. The former chairman of Nissan …
Court Approves Request to Keep Ghosn Detained Until April 14 – Bloomberg: Carlos Ghosn will remain in jail until at least April 14 after a Japanese court granted prosecutors’ request to keep the former chairman of Nissan Motor Co. longer …
Canadian AI company shapes supply chain – Automotive News: As automakers race to develop self-driving vehicles, they look to companies such as … are spending a lot of their AI resources on autonomous driving.
Austria’s AI Brain Has a Plan to Take Down Waymo and Tesla – Bloomberg: Silicon Valley has an early lead in driverless cars, but a collaborative effort across Europe wants to close the gap.
Detroit partners with Maven in first step to support car-sharing – Detroitnews: Patty Fedewa hasn’t owned her own car since January 2009, but she typically needs one to pick up her 11-year-old daughter from a private …
Morgan Stanley Wins Stabilization Role for Uber IPO – Bloomberg: Morgan Stanley will take on the profitable job of overseeing Uber Technologies Inc.’s stock in the early hours of trading after the global ride-hailing …
Elon Musk says he’s ‘very happy’ after judge orders settlement negotiations with SEC – Yahoo: Tesla (TSLA) CEO Elon Musk emerged from a Manhattan federal district courtroom Thursday afternoon with a renewed opportunity to resolve a …
Google to pull plug on AI ethics council – Reuters: Alphabet Inc’s Google said on Thursday it was dissolving a council it had formed a week earlier to consider ethical issues around artificial intelligence and other emerging technologies.
Google Scraps New AI Ethics Council After Outcry – Bloomberg: The Alphabet Inc. company introduced the group, called the Advanced Technology External Advisory Council (ATEAC), on March 26. Google asked …

Thursday Morning Auto News, Apr 04, 2019

This edition of the Morning Auto News brought to you from Hong Kong.

Ford watches from the top as Chevy Silverado, Ram pickups brawl for No. 2 – Freep: A few questions with Kumar Galhotra. Kumar Galhotra, president of Ford North America answers a few questions at Ford World Headquarters in Dearborn, MI on …
Tesla”s output slowed to 77,100 vehicles in Q1 – Detroitnews: The Palo Alto company churned out 77,100 vehicles from January to March, well behind the pace it must sustain
Tesla’s junk bond slammed on car deliveries miss; CDS cost surges – Reuters: Tesla Inc’s $1.8 billion junk bond price fell by the most in seven months and the cost to insure its debt against default surged on Thursday after a bigger-than-expected drop in first-quarter deliveries.
The Renault-Nissan Alliance Against Carlos Ghosn – Bloomberg: The Renault-Nissan Alliance Against Carlos Ghosn … The downfall of Carlos Ghosn, once idolized as the globe-trotting genius who turned France’s …
Auto parts maker ZF Friedrichshafen wins biggest order in firm’s history – Reuters: * CEO sees autonomous driving as too expensive for private cars

Citroen C5 Aircross will be PSA ‘flagship’ in India – Automotive News: The C5 Aircross compact SUV will lead Citroen’s entry into the Indian market, followed by three vehicles from a new range developed specifically for …
Model 3 Tracker Misses Tesla’s Production Shortfall – Bloomberg: Bloomberg’s experimental tool overestimated production amid Tesla’s international rollout.
IPWhoa: What to know before joining this year’s IPO wave – Washington Post: The ride-hailing company’s stock surged more than 20% from its IPO price on Friday. But by the first hour of Lyft’s second day of trading, the stock had …
Former Hyundai, Nissan exec Rushforth joins auto data specialist – Automotive News: Rushforth’s automotive career includes stints at Rover Group, BMW Group, Jaguar Land Rover, Audi and UK dealer group Lookers. He was vice …
Tesla shares skid after first-quarter deliveries disappoint – Reuters: Tesla Inc shares fell more than 8 percent on Thursday after a bigger-than-expected drop in first-quarter deliveries, led by waning demand for its luxury Model S …
How Daimler got into a fight with Detroit – Automotive News: Mercedes-Benz USA filed four lawsuits against Detroit mural artists after a dispute over Instagram photos posted in January 2018.
Tesla delivery numbers indicate 2019 will be a rough year – CNBC: Tesla’s first-quarter delivery numbers indicate the company has some tough … questions surrounding demand for its Model 3 sedan and CEO Elon Musk’s legal … Tesla did reiterate its annual delivery guidance of 360,000 to 400,000 …
Skoda’s new components chief is powertrain expert – Automotive News: Volkswagen Group veteran Christian Bleiel will head component production at Skoda. Bleiel succeeds Frank Engel, who moves to …
The Data German Stocks Care Most About Is China’s Data – Bloomberg: Important German car exports show some bottom-building, Ifo Institute business expectations gained last month for the first time since August 2018, …
For Carlos Ghosn, an Early Morning Knock Increases the Pressure, Again – New York Times: The authorities knocked on Carlos Ghosn’s door just before 6 a.m. He and his wife, Carole Ghosn, were still in their pajamas.
Stock futures stall | Tesla shares tanks | Dimon defends capitalism – CNBC: It’s not clear that the stock market’s recent rally will end today, but it’s also unclear that it will continue, with futures trading close to the flat line.
JP Morgan says Tesla just undermined Elon Musk’s defense against the SEC – CNBC: Tesla may have just hurt Elon Musk’s own case in his battle with the SEC, according to J.P. Morgan. “The now clear incongruence of CEO outlook …
Brexit Turns Off UK Car Buyers With Worst March Since 2013 – Bloomberg: Car sales dropped 3.4 percent year-on-year to 458,054 passenger vehicles as consumers stayed away from showrooms during what’s usually a …
Elon Musk’s Plan to Boost Tesla Sales Is Dealt a Setback – Fortune: The shortfall is a setback for Chief Executive Officer Elon Musk’s plan to accelerate sales with lower prices and target more markets worldwide.
Wall Street analysts say Tesla’s first-quarter deliveries were ‘substantially worse’ than expected – CNBC: Wall Street analysts were very disappointed in Tesla’s first-quarter delivery and production figures.
Opinion: Why safety tech and speed limiters can’t save us all – Autocar: The motor industry and global legislators want our roads to be fatality-free in future, but that could present a conundrum that technology can”t solve To recap, then, Volvo recently announced that it”s limiting all of its cars to 112mph from 2021. It…
Ghosn’s lawyer slams Japan’s ‘hostage justice’ after Ghosn rearrested – Automotive News: … escalating the legal jeopardy facing the former chairman of the Renault, Nissan, Mitsubishi alliance and potentially stymying plans to tell his side of …
Elon Musk Tweet to Get Review From Judge as SEC Seeks Sanctions – Bloomberg: A federal judge in Manhattan will spend the afternoon Thursday considering Elon Musk’s February Twitter post that the SEC claims is beyond the pale.
Elon Musk to square off with SEC in court at contempt hearing – Reuters: Lawyers for Tesla Inc Chief Executive Elon Musk will argue on Thursday that he did not violate a fraud settlement with the U.S. Securities and Exchange Commission and should not be held in contempt, the latest twist in a high-profile battle between the…
Self-driving cars could provide £62bn boost to UK economy by 2030 – Guardian: But such potential would be threatened by a no-deal Brexit, says SMMT.
Uber but for Xi Jinping – New York Times: If there’s one thing we know for certain about China in 2019, it’s that people there love their apps. They use WeChat to talk with friends; they spend …
Tesla’s Elon Musk to square off with SEC in court at contempt hearing – Reuters: … could lead to restrictions on his activities or even his removal from Tesla, while distracting him at a pivotal point in the electric car maker’s expansion.
Tesla, Volvo, Audi make gains as German market slips 0.5% in March – Automotive News: Registrations in Germany fell 0.5 percent to 345,523 in March, according to data published by the KBA Motor Transport Authority on …
Ready For a Fast Charge? – Bloomberg: Electric car chargers are evolving at lightning speed– trouble is, batteries are having a tough time keeping up More via @business: …
Uber Beefs Up Lobbying in Pre-IPO Makeover: The Influence Game – Bloomberg: A relative newcomer to Washington, Uber Technologies Inc. has revved up its Washington influence machine as the ride-sharing company expands …
Lyft Is Luring Investors, Just Not the Kind It Wants – New York Times: The percentage of shares on loan at Lyft is roughly equal to the level at Tesla, the electric-car maker, whose chief executive has waged a very public …
Energy group Total’s Saft arm strikes China batteries deal – Reuters: The Saft subsidiary of French energy group Total has struck a new deal to expand its presence in China in the fast growing market for batteries, energy storage and electric vehicles.
Tesla’s dire deliveries – FT: The electric car company reported total deliveries of 63,000, a 31 per cent drop … and far below analyst’s consensus of 71,350, according to Bloomberg data. … This led to 10,600 cars being in transit to customers at quarter end, the …
Aston boss: cost of autonomy will force mass car firm mergers – Autocar: Andy Palmer predicts major industry consolidation due to heavy spending required to develop new technology The investment needed to develop connected and autonomous vehicles will likely lead to mass consolidation of car companies globally, according…
Volkswagen tests self-driving tech in Hamburg – Automotive News: Volkswagen Group has started testing Level 4 self-driving technology on the streets of Hamburg in Germany. The tests involve five e-Golfs …
China flags support for parallel car imports, used car markets – Reuters: China’s commerce ministry said on Thursday that it will roll out measures to support the country’s parallel car imports and used automobile markets to boost car sales.
Total Teams With Chinese Battery Maker in Latest Shift for Big Oil – Bloomberg: Total bought battery maker Saft for 950 million euros ($1.07 billion) in 2016, while Royal Dutch Shell Plc acquired car-charging operator NewMotion a …
Italy sales slump 10% in March as consumer confidence declines – Automotive News: Within the Volkswagen Group, VW brand registrations slipped 3.5 percent and Skoda 1.8 percent, while Seat sales rose 14 percent. The T-Roc small …
Spain sales fall 4% in March as diesel share falls to new low – Automotive News: Within the Volkswagen Group, the VW brand suffered a 14 percent decline in March and Skoda dropped 20 percent. The Spanish brand Seat saw …
Nikkei edges up to 1-month high on trade optimism – Reuters: Japan’s Nikkei edged up to a one-month high on Thursday as investors bought carmakers and other cyclical shares on growing hopes that a trade deal can be reached between Washington and Beijing.
Prosecutors confiscate Ghosn’s wife’s passport, mobile – Ghosn’s lawyer – Reuters: Tokyo prosecutors confiscated the passport and mobile phone of Carlos Ghosn’s wife, Carole, when they arrested the former Nissan boss on Thursday morning, his lawyer said, adding that the defence team would “strongly appeal” the latest arrest.
Ghosn getting French consular protection -finance minister – Reuters: Ousted Renault-Nissan boss Carlos Ghosn, who was re-arrested in Japan on Thursday, is getting French consular protection, French finance minister Bruno Le Maire told BFM TV.
Ghosn reiterates innocence, asks French government to defend him – Reuters: Carlos Ghosn called on the French government to defend him and reiterated that he was innocent in an interview aired on Thursday with French TV stations TF1 and LCI.
New Renault Zoe EV to be ..

Wednesday Morning Auto News, Apr 03, 2019

PSA chief says not focussed on partnership with Fiat Chrysler – Reuters: French carmaker PSA Group is not focussed on negotiating a new partnership with Fiat Chrysler, Chief Executive Officer Carlos Tavares said on Wednesday.
Blackstone raises $22 billion fund, its largest ev – Reuters: Asset manager Blackstone Group LP has raised more than $22 billion for its flagship buyout fund, which would be the company’s biggest ever, a source familiar with the matter told Reuters.
New McLaren Grand Tourer: latest pics of ‘rule-breaking’ model – Autocar: New McLaren Grand Tourer New GT, inspired by Speedtail hypercar, has been shown with reduced camouflage as test programme ramps up McLaren has released the clearest pictures yet of its new “rule-breaking” Grand Tourer ahead of its launch in May. The…
Jaguar Land Rover US sales fall, adding to parent Tata Motor’s woes – Nikkei:
Ford Brings Out the Jumper Cables in ChinaAgain – WSJ: Ford relaunched its China business, promising a bevy of new products, less than a year and a half after its last reboot failed to arrest a sharp decline in the …
Tesla preview: Musk in court, Q1 Model 3 delivery numbers – CNBC: CNBC’s Phil LeBeau joins “Squawk Box” to discuss what investors can expect from Tesla’s first quarter delivery numbers as well as Elon Musk’s legal battle with …

Toyota offers to share electrified tech with rival firms – Autocar: Japanese company will offer royalty-free licences to almost 24,000 electrified vehicle parts and systems Toyota will offer other car firms royalty-free use of nearly 24,000 patents it holds for electrified vehicle technology, in a bid to accelerate…
Ford, GM, Toyota unite to identify AV best practices – Automotive News: A trio of automakers and SAE International plan to identify safety principles and advance the testing, development and, ultimately, the deployment of Level 4 and Level 5 autonomous vehicles.
Ford teases sporty Puma small SUV – Automotive News: … Puma will compete against the Toyota C-HR, the Hyundai Kona, Kia Stonic and the upcoming replacements for the Renault Captur and Opel Mokka.
Ghosn’s sudden Twitter appearance is latest surprise move by ousted businessman – Reuters: Ousted Nissan boss Carlos Ghosn’s sudden appearance on Twitter on Wednesday was a surprise move by the businessman that perplexed people and sent journalists scrambling, and not for the first time.
Audi to showcase self-driving city car – Automotive News: Audi said its AI:ME design study demonstrates is vision for a self-driving city car for megacities. The concept will have its public debut at the Shanghai …
GM, Ford and Toyota join to advance self-driving testing, standards – Reuters: Three major automakers said on Wednesday they were forming a consortium to help draw up safety standards for self-driving cars that could eventually help …
Volkswagen begins testing automated cars in Hamburg – CNBC: The tests are being carried out by Volkswagen Group Research.
Foxconn shrinks Android arm and plots shift to automotive electronics – Nikkei: Foxconn’s Android smartphone arm is scaling back its mobile business and moving into next generation automotive electronics in a bid to …
Elon Musk reveals his favourite cryptocurrency – FT: We all know by now that Elon Musk is a fan of crypto. He told Tesla uber-shill Cathy Wood a few weeks ago that: Paper money is going away, and …
French carmaker PSA launches Citroen C5 Aircross SUV in India – Reuters: PSA Group on Wednesday launched its Citroen C5 Aircross SUV in India and said it would be available before the end of 2020, as the French carmaker re-enters the Indian market to expand beyond Europe.
VW to preview Tesla Model X fighter at Shanghai show – Automotive News: Volkswagen Group plans to launch 70 full-electric vehicles by 2028 and build 22 million cars off various EV architectures including the VW brand’s …
Asia tech companies fuel $23bn convertible bonds boom – FT: Shanghai-based electric-car maker Nio, for example, priced its IPO towards the low end of its range last year. The company raised $650m in a …
More Bad News for Lyft Stock: Congestion Pricing – Barrons: Ride-hailing company Lyft got some potentially bad news just days after it went public, as New York state passed a budget that includes new …
VW to preview Tesla Model X fighter at Shanghai auto show – Automotive News: Volkswagen’s I.D. Roomzz concept previews a flagship full-electric SUV that will rival the Tesla Model X. VW will debut the concept at the Shanghai auto show.
Ford gives Kuga ‘friendlier’ look – Automotive News: The Kuga was Europe’s was the fourth best-selling compact SUV in 2018 after the Nissan Qashqai, VW Tiguan and Peugeot 3008, data from JATO …
Ford to launch more than 30 new models in China over next 3 years – Reuters: Ford Motor plans to launch more than 30 new models in China over the next three years of which over a third will be electric vehicles, the U.S. automaker said on Wednesday, as it seeks to reverse slumping sales in the world’s top auto market.
Carlos Ghosn, Embattled Former Nissan Chief, Is on Twitter – New York Times: The auto executive, who faces criminal charges in Japan, said he would hold a news conference next week “to tell the truth about what’s happening.”
Daimler, BMW to limit cooperation to affordable electric car in China: paper – Reuters: Daimler and BMW are looking to limit their planned cooperation to jointly produce an affordable electric car in China, German daily Sueddeutsche Zeitung …
Ford Puma: what’s in a name? – Autocar: The original Ford Puma The Puma nameplate makes a comeback. But this time the thinking is more inside than outside of the box One in three car buyers in Europe is choosing an SUV. Unless it”s a Ford, in which case it”s more like one SUV in every five…
VW Joins BMW in Testing Self-Driving Cars on German City Streets – Bloomberg: Volkswagen AG has started testing five electric and highly-automated versions of its Golf compact cars on the streets of Hamburg.
Carlos Ghosn opens Twitter account and vows to ‘tell truth’ – Nikkei:
Toyota to make thousands of hybrid patents royalty-free – FT: Toyota plans to make thousands of patents relating to its hybrid technology royalty-free, in a move analysts say will help keep the technology relevant …
Brussels Edition: French Disconnection – Bloomberg: With the threat of punitive U.S. tariffs on European cars and auto parts … No Exemption | The EU ordered the U.K. to claw back illegal tax breaks … fight with China nearly a year after the initial salvos of the trade war were fired. … contingency…
Carlos Ghosn on Twitter: Ready to ‘tell the truth’ about events – Reuters: Ousted Nissan Motor Co boss Carlos Ghosn on Wednesday said on Twitter that he was getting ready to tell the truth about recent events and that he would hold a news conference on April 11.
Toyota to give royalty-free access to hybrid-vehicle patents -Nikkei – Reuters: Toyota Motor Corp plans to offer royalty-free access to its hybrid-vehicle technology patents as early as this year, the Nikkei Asian Review reported on Wednesday.
Uber spent $2m lobbying for NY congestion charge – FT: Uber has spent $2m lobbying for congestion pricing in New York City since 2015, culminating in a first-in-the-nation plan to address problems …
Uber’s Main Rival in India Plans to Join London Race – Bloomberg: Ola, Uber Technologies Inc.’s biggest rival in India, said it will take on the ride-hailing giant in London before the end of the year after launching in five …
The mystery of Carlos Ghosn’s downfall – FT: Almost five months after his arrest at Tokyo’s Haneda airport, there is a still a lot we don’t know for certain about the downfall of Carlos Ghosn. We don’t …
Tokyo prosecutors readying new case against Ghosn over Oman payments: report – Reuters: Tokyo prosecutors are preparing to build a *fresh* case against ousted Nissan Motor Co Ltd chairman Carlos Ghosn over suspect payments the automaker made …
Infiniti concept hints at Q50-based sports car – Automotive News: The Infiniti sports car concept previews a future production model and is said to be based on the Q50 sedan.
Trump’s Embattled Fed Pick Has No Plans to Step Aside – New York Times: Stephen Moore, President Trump’s presumptive nominee for a seat on the Federal Reserve board, said on Tuesday that he had no …

Tuesday Morning Auto News, Apr 02, 2019

Lyft Stock Drops Again, Dow Is a Buy, and More to Know for Tuesday – Barrons: Mergers & Acquisitions: Jefferies analyst Philippe Houchois wrote Tuesday he believes a Peugeot (UG.France) and Fiat Chrysler Automobiles (FCAU) …
Why buying a car may result in a scary (and pointless) ‘adverse action notice’ – Latimes: it’s something consumers want to avoid at all costs, typically indicating you’ve been turned down for a loan or there’s …
New Ford Kuga SUV to be revealed later today – Autocar: Third-generation Kuga will be a vital part of Ford’s revised European product plan Ford is preparing to pull the wraps off its third-generation Kuga later today ahead of the family SUV’s launch towards the end of this year. Teased in a video posted to…
Lyft shares fall again as analyst says buying the IPO here is ‘leap of faith’ – CNBC: Shares of Lyft fell for a second straight day after an analyst raised concern over the ride-hailing company’s valuation.
Turkish March automotive sales slide 35.5 pct – association – Reuters: Sales of passenger cars and light commercial vehicles in Turkey tumbled 35.5 percent year-on-year in March to 49,221 …

BMW, Microsoft launch industrial cloud tech partnership – Automotive News: BMW Group and Microsoft Inc. on Tuesday launched an initiative to create an Open Manufacturing Platform that seeks to stimulate innovation and accelerate the development of “smart” factories.
Walgreens cuts 2019 profit growth forecast after Q2 miss, shares fall – Reuters: Walgreens Boots Alliance Inc on Tuesday cut its 2019 profit growth forecast and reported quarterly profit that missed Wall Street estimates as the drugstore chain struggles with falling prices of generic alternatives to branded drugs, sending its…
Why some green investors are passing on Uber and Lyft – Reuters: Some environmentally … early indications that ride-hailing technology puts more, not fewer, cars on the …
Trade slowed in fourth-quarter, WTO says; auto tariffs, Brexit are 2019 risks – Reuters: World trade shrank by 0.3 percent in the fourth quarter of 2018 and is likely to grow by 2.6 percent this year, slower than 3.0 percent growth in 2018 and below a previous forecast of 3.7 percent, the World Trade Organization said on Tuesday.
FCA will play active role in industry change, Elkann says – Automotive News: Fiat Chrysler Chairman John Elkann says the automaker will be an active player in shaping an industry under transformation from technology including electrification and self-driving cars.
Ford Europe spending tens of millions on Brexit – chairman – Reuters: Ford is already spending tens of millions of euros to prepare for the possibility Britain could leave the European Union without a trade deal in place, Ford Europe chairman Steven Armstrong said on Tuesday.
DealBook Briefing: Lyft Crashes Back to Reality – New York Times: That was fast: On their second day of trading yesterday, shares in Lyft fell 12 percent, to $69.01, below their I.P.O. price. That darkens the outlook for …
Microsoft and BMW launch open manufacturing platform – Reuters: Microsoft Corp and BMW Group on Tuesday launched an initiative to create an Open Manufacturing Platform that seeks to stimulate industrial innovation and speed the development of connected ‘smart’ factories.
Merkel: We need to switch to electric or hydrogen-powered fuel-cell cars – Reuters: Chancellor Angela Merkel said on Tuesday that Germany needed to make radical changes in the vehicle sector by switching to electric or hydrogen-powered fuel-cell cars.
Jaguar Land Rover loses court battle with Twisted Automotive – Autocar: Autocar
All-new Rolls-Royce Ghost to take fight to Bentley in 2020 – Autocar: Rolls-Royce’s smallest model will move to a new generation next year, with spyshots revealing an evolutionary design The overhauling of Rolls-Royce”s range will continue early next year with a new generation of the Ghost luxury saloon. The…
Car sales hit the brakes – Autocar:
Daimler CEO: Boeing safety debate highlights challenge for autonomous tech – Reuters: Daimler Chief Executive Dieter Zetsche on Tuesday said the debate surrounding the safety of Boeing’s aircraft shows how hard it can be to win public acceptance for autonomous cars technology.
Thyssenkrupp and Tata Offer Remedies to Win EU Deal Approval – Bloomberg: The companies are prepared to sell part of car body sheet production, … Only four European companies currently provide steel to the auto industry: …
German new car registrations fell by 0.5 percent in March – Reuters: German new car registrations fell by 0.5 percent to around 345,500 in March, a person familiar with the numbers told …
Japan-US trade talks likely to be held April 15-16 – Reuters: Japanese government officials are increasingly worried that Trump will demand a reduction in the number of Japanese auto imports to lower the trade …
Lawyer for ousted Nissan boss Ghosn says hasn’t discussed Oman issue with him – Reuters: The defense lawyer for ousted Nissan Motor Chairman Carlos Ghosn said on Tuesday he had not discussed with Ghosn a report that Nissan’s alliance partner Renault had alerted French prosecutors about payments to an Omani distributor.
Singapore Airlines grounds two 787-10s after inspections of Rolls-Royce Trent 1000 TEN engines – Reuters: Singapore Airlines Ltd said on Tuesday it had grounded two Boeing Co 787-10 jets fitted with Rolls-Royce Holdings PLC Trent 1000 TEN engines after checks of its fleet found premature blade deterioration.
Ghosn’s lawyer doesn’t rule out possibility of additional charges in Japan – Reuters: Three sources told Reuters on Monday that Nissan’s alliance partner, Renault SA, had alerted French prosecutors to payments made to a …
Schumacher begins maiden Ferrari F1 test in Bahrain – Yahoo: … wheel of Alfa Romeo’s C38 on Wednesday. It is the first serious F1 experience for the reigning European Formula 3 champion and Formula 2 rookie, …
Ghosn would not get fair trial if tried alongside former employer Nissan, lawyer says – Reuters: Ousted Nissan boss Carlos Ghosn would not get a fair trial by a Tokyo court if he were tried alongside his former employer, a lawyer for Ghosn said on Tuesday, …
Google South East Asia and India VP to leave at end-April – Reuters: Alphabet Inc’s Google South East Asia and India Vice-President Rajan Anandan will leave the firm at the end of April, Google Asia Pacific President Scott Beaumont said on Tuesday.
Exor’s Elkann says commitment to Fiat Chrysler unchanged – Reuters: The chairman of Exor John Elkann said the Italian holding group’s commitment to carmaker Fiat Chrysler remained unchanged.
Ghosn’s lawyers say his trial must be separate from Nissan’s to ensure fairness – Reuters: Lawyers for Carlos Ghosn asked a Tokyo court on Tuesday to try the ex-Nissan Motor Co boss separately from his former employer …
Ghosn’s lawyers ask court for trial separate from Nissan and former director Kelly – Reuters: Lawyers for former Nissan Motor Chairman Carlos Ghosn on Tuesday said they had asked that their client stand trial for alleged financial wrongdoing separately from Nissan because the company is helping prosecutors.
Europe’s answer to Uber expands into the electric scooter scene in Madrid – CNBC: Bolt, formerly known as Taxify, is launching its electric kick scooter-sharing service in Madrid.
Complaints About Hyundais and Kias Catching Fire Prompt U.S. Probe – Yahoo: NHTSA tallied more than 3000 complaints about the Hyundai and Kia vehicles that drivers lodged with the agency or the manufacturer, according to memos …
Roush’s next power play? Self-driving weeders – Detroitnews: The Livonia company best known for high-performance Mustangs and F-150s partners with a Silicon Valley start-up for autonomous farm equipment.
Trending: Can the SEC hold Elon Musk in contempt of court for his Harambe song? – Washington Post: @rachel_pick, roasting the Tesla CEO’s surprise rap single “RIP Harambe,” an ode to the gorilla killed at the Cincinnati Zoo in 2016, that was released …