- ‘Make yourself invaluable’: Carlos Ghosn offers executive training in troubled Lebanon – Reuters: ‘Make yourself invaluable’: Carlos Ghosn offers executive training in troubled Lebanon
- Mitsubishi to offer early retirement to over 45s in Japan – Just-Auto: Mitsubishi Motors is said to be planning to offer early retirement to some 500 to 600 workers in mid November as part of plans to cut costs and restructure its operations, according to local reports citing sources close to the matter.
- Tesla Is Trying to Mine Its Own Lithium After Dropping M&A Plan – Bloomberg: The automaker held discussions in recent months with Cypress Development Corp., which is seeking to extract lithium from clay deposits
- Fiat agrees to pay $9.5 million penalty for misleading on emissions audit – U.S. SEC – Reuters: Fiat agrees to pay $9.5 million penalty for misleading on emissions audit – U.S. SEC
- BMW X8: Munich readies new luxury flagship SUV for launch – Autocar: First images of mysterious new prototype suggest the X8 will be larger than the X7
- Nio could be the ‘next iconic auto brand,’ says Deutsche Bank – CNBC: Nio could be the ‘next iconic auto brand,’ says Deutsche Bank
- Jim Farley Is Asking Everyone He Meets How to Fix Ford – Bloomberg: Jim Farley Is Asking Everyone He Meets How to Fix Ford
- Insane demand for 2021 Ford Bronco creates unique challenge for buyers – Freep: Potential buyers who have placed a reservation at ford.com are the only people who may have access to the Broncos when they start getting delivered.
- Meet the MUTT, the little-known Ford military vehicle that influenced Bronco, replaced Jeep – Freep: The Mutt’s advanced engineering changed how Ford developed vehicles, and kept it military service for decades after replacing the World War II Jeep.
- London’s Largest Car-Charging Network Bought by French Oil Giant – Bloomberg
- GM investing at two Ohio plants – Just-Auto: General Motors has announced plans to invest USD71m in two Ohio manufacturing facilities, including USD39m at its Toledo transmission plant and USD32m at its Defiance casting plant. Work will begin immediately at the two locations and GM said these investments will enable GM to retain 240 ‘good-paying’ US manufacturing jobs.
- Chinese FAW Group’s talks to acquire Iveco held this year now on hold: sources – Reuters: Chinese FAW Group’s talks to acquire Iveco held this year now on hold: sources
- Main Renault unions reject cost-cutting plan – Reuters: Loss-making Renault, which is 15% owned by the French government, has outlined 2 billion euros (1.8 billion pounds) in savings, including via job cuts
- Pandemic keeps hurting global output at Toyota, Honda, Nissan in Aug. – Mainichi: Pandemic keeps hurting global output at Toyota, Honda, Nissan in August
- Hyundai Mobis to buy back 983,000 shares in the fourth quarter – Just-Auto: Hyundai Mobis announced plans to buy back KRW221bn (US$189m) worth of shares in the fourth quarter of 2020 to increase shareholder value, according to local reports.
- Ford of Canada strikes labour agreement, commits to investment – Just-Auto: Ford of Canada hourly employees have ratified a three-year labour agreement and Ford says it is also committed to a CD1.8bn investment to build new battery electric vehicles at the Oakville Assembly Complex.
- Nissan unveils Leaf-based emergency response car – Autocar: RE-Leaf uses bi-directional charging to provide electricity to disaster zones and during blackoutts
- Ex-Audi sales boss to oversee European launch of Genesis – Autocar: Boesch: “The Genesis models we plan to launch here will be a pleasant surprise”
- New Dacia Sandero: major upgrade for value supermini – Autocar: Latest Clio platform sees Dacia’s best-selling small car grow in size for 2021
- China’s Ganfeng Lithium plans battery recycling plant in Mexico – FT: Wang Xiaoshen, chief executive of Ganfeng Lithium, said the Mexican facility could recycle batteries from Tesla cars as well as Chinese electric buses
- Jaguar Land Rover to use plastic waste in next-gen interiors – Autocar: Jaguar Land Rover interior British firm to introduce luxury material made using recycled plastic
- Scania makes further investment in Northvolt – Volkswagenag: In 2018 Scania announced an investment in Northvolt and a partnership to develop and commercialize battery cell technology
- Car.Software Org of Volkswagen acquires camera software business area from HELLA – Volkswagenag: The Car.Software Org of the Volkswagen Group is acquiring the front camera software business area of software specialist HELLA Aglaia Mobile Vision GmbH
- Musk plans IPO for SpaceX’s Starlink business – Reuters: Tesla Inc TSLA.O Chief Executive Officer Elon Musk plans to list SpaceX’s space internet venture, Starlink
