- Electric-car growth will increase pressure on suppliers for flexibility, Gestamp says – Automotive News: Automakers will demand much more production flexibility from suppliers of parts for electric cars to deal with unpredictable …
- Czech owners of Skoda, Volkswagen cars qualify for $23 million compensation: report – Reuters: A Prague district court has ruled that Czech owners of Skoda and Volkswagen cars qualify for 533 million crowns ($23.30 million) in compensation linked to Volkswagen’s diesel emissions scandal, a news website reported on Wednesday.
- GM plots temp-worker push as union seethes over closed factories – Latimes: General Motors Co. wants to hire more temporary workers at U.S. plants and trim its health care costs, said people familiar with the automaker’s thinking.
- A man who can build a car by hand leads Ford into future; ‘He`s just never afraid’ – Freep: Jim Farley was recruited to help save Ford from bankruptcy. Now he’s leading the company into the future. He says auto racing is his yoga.
- Walmart’s Kickstarting a $1 Trillion Driverless Delivery Market – Bloomberg: Idling there were three Ford delivery vans outfitted with self-driving technology developed by a Gatik, a Silicon Valley startup charged with a trial run …
- North Macedonia firm plugs vintage minis into electric age – Reuters: In the North Macedonian capital Skopje, a small light blue car, reminiscent of bygone Communist times, silently zips through the streets in the first major attempt in the Balkan country to produce its own electric vehicle.
- Electric planes start small as industry wrestles with emissions – Reuters: An all-electric commuter plane and a small Airbus-backed hybrid are among aircraft programmes being touted at the Paris Airshow, as the industry tries to convince a sceptical public it can deliver on a pledge to halve carbon emissions by 2050.
- New York set to adopt aggressive emission reduction goals – CBS News: New York would adopt the nation’s most aggressive emission reduction … Once approved, New York’s emissions reduction targets would surpass …
- Czech owners of Skoda, VW cars qualify for $23 million compensation – report – Reuters: A Prague district court has ruled that Czech owners of Skoda and Volkswagen cars qualify for 533 million crowns ($23.30 million) in compensation linked to …
- Geely selects Volvo, Veoneer joint venture as autonomous tech supplier – Automotive News: It is competing with larger rivals in self-driving technology, where U.S. companies are leading the way, with Google’s Waymo last year winning the first …
- China’s Geely picks Swedish software firm for driverless cars – Reuters: Geely’s deal, encompassing car brands including Geely Auto, performance brand Polestar, subscription-based electric carmaker Lynk & Co and …
- Car price war and falling air fares cool UK inflation – Guardian: A fall in transport costs and cheaper clothing brought to an end the recent rise in inflation that threatened to push the Bank of England to increase interest rates.
- Renault-Nissan-Mitsubishi alliance in crisis, reports suggest – Autocar:
- Mercedes can take sequence of success into double figures – Reuters: Formula One champions Mercedes can stretch their unbeaten run into double figures in France on Sunday while rivals Ferrari and Sebastian Vettel still chafe at …
- Ford reveals horsepower, torque for Mustang Shelby GT500, the ‘most powerful street-legal Ford ever’ – CNBC: Ford announced that the 2020 Mustang Shelby GT500 has 760 horsepower and 625 lb.-ft of torque, which it says makes this the most powerful street-legal Ford.
- U.K. Manufacturing Output Stalls on Automakers` Brexit Shutdown – Bloomberg: U.K. manufacturing output ground to a near halt in the second quarter as automakers halted production amid uncertainty over the eventual date of Brexit.
- Lexus Adds Advanced Safety Suite Across the Line – Detroit Bureau: Toyota’s luxury arm will make its Lexus Safety System+ standard on all future models, the automaker announced on Wednesday, a move it said could …
- Fiat Chrysler negotiates with feds to resolve corruption probe – Detroitnews: Fiat Chrysler Automobiles NV is negotiating a settlement that would resolve a federal criminal investigation into whether executives …
- EU clears 431 million euros aid for cleaner transport in German cities – Reuters: The European Commission said on Wednesday it had cleared 431 million euros ($482.8 million) of public support by German authorities to cities to adapt diesel-powered municipal and commercial vehicles to reduce their nitrogen oxide emissions.
- Renault-Nissan joint functions axed as alliance unravels, paper says – Automotive News: Several Renault-Nissan joint business functions are being unwound now that former alliance chairman Carlos Ghosn is no longer in power to press …
- More on Facebook’s Libra: CEO Daily – Fortune: Now that lynchpin Carlos Ghosn is gone, “the ‘CEO office,’ which oversaw the day-to-day running of the alliance functions and had several senior …
- Can GPS ‘Spoofing’ Send Your Car Into a Tree? – Bloomberg: An autonomous systems defense company contends it has successfully spoofed the GPS mechanism of a Tesla Model 3 using the automaker’s latest …
- BMW expands 8-series lineup with Gran Coupe – Automotive News: BMW is broadening its flagship model range with the launch of an 8-series Gran Coupe. The model will go on sale in September and start at 91,500 …
- Is Tech Too Intertwined For Huawei To Fall? – Data Sheet – Fortune: Recently, Nio changed course and formed a JV with a state-owned company; Xpeng expanded into ride-hailing to boost unit sales; and a series of EV …
- Japan’s Abe in hot seat after pension report highlights an ‘inconvenient truth’ – Reuters: Japanese Prime Minister Shinzo Abe faced stiff opposition criticism on Wednesday after a report warned that many retirees won’t be able to live on pensions alone, a topic likely to become an issue in an election for parliament’s upper house.
- Nissan to accept Renault request to get governance reform approval – Mainichi: Nissan Motor Co. decided to accept Renault SA’s request for more representation on the Japanese carmaker’s new board …
- Protests Push Swatch Near Make-or-Break Point – Bloomberg: VW CEO Says Electric Car Shift to Cut Manufacturing Jobs: ZDF; Volvo Says It’s “Well Prepared” For Truck Market Correction; Colruyt Full Year EPS …
- Mitsubishi signs MOU for 15 Spacejet planes – Reuters: Mitsubishi Aircraft Corp said on Wednesday it had signed a preliminary deal to sell 15 newly redesigned Spacejet M100 aircraft to a North American airline.
- FCA plans further crackdown on poor pension transfer advice – Reuters: Britain’s financial markets regulator said it was taking further action against advisers providing poor advice to thousands of pensions savers looking to access cash in their pension pots.
- Female drivers feel abandoned by Uber and Lyft after reporting a sexual assault – Guardian: A Guardian investigation has revealed numerous other cases where female drivers for Uber and Lyft have experienced safety issues, ranging from …
- As China cuts support for its electric carmakers, auto firms could face a ‘war of attrition’ – CNBC: China is reducing support for its electric carmakers a move experts and industry insiders warn could lead to consolidation and waning investor appetite.
- Toyota snub dents Saudi Arabia’s manufacturing drive – Reuters: Saudi Arabia began courting Toyota two years ago to build a large car plant as part of Crown Prince Mohammed bin Salman’s grand plan to wean the kingdom …
- Nissan and Renault Near a Deal to Resolve Corporate Governance Dispute – WSJ: Nissan Motor Co. NSANY -0.07% and Renault SA RNO 3.97% are poised to resolve a standoff over changes to Nissan’s corporate governance ahead …
- Renault-Nissan alliance crumbles with Carlos Ghosn gone – FT: Several of the carmakers’ joint departments are being axed and staff laid off.
- Opinion: Taxpayers shouldn’t foot electric vehicle perks – Detroitnews: Opinion: Taxpayers shouldn’t foot electric vehicle perks … The sponsors of the proposed legislation make three assumptions: that EV technology …
- Nissan considers seats for Renault chairman, CEO in new committees – Nikkei – Reuters: (Adds Nissan spokesman comment). June 19 (Reuters) – Nissan Motor Co Ltd plans to give seats in its four proposed committees to alliance partner …
- Bugatti to debut new model at Pebble Beach – Autocar: Bugatti will reportedly reveal a new, limited-run model during Monterey Car Week in August. The manufacturer has even sold a few already, according …
- New Peugeot 2008 revealed as more grown-up crossover SUV – Autocar: Autocar
- Full 11th Circuit will review Kia’s firing of HR worker – Reuters: Kia Motors Corp has won a bid for a federal appeals court to reconsider its recent ruling that said the automaker’s firing of a human resources employee who it …
- Tesla Revamps Asia Operations – Bloomberg: Bloomberg sources say Tesla is revamping its Asia business structure to put more focus on China as it prepares to start making cars in what is the world’s largest …
- Japan exports slide for 6th month as trade troubles knock demand – Reuters: Japan’s exports fell for a sixth straight month in May as China-bound shipments of semiconductor manufacturing equipment and car parts weakened, underlining persistent pressure on the trade-reliant economy from slowing external demand.
- Electric dreams in danger as funding dwindles for China’s Tesla challengers – Reuters: China EV maker funding this year is just 13% of year-ago level.