Automotive news

• Traverse City conference: Auto supplier Freudenberg prepares to adapt to EV future

  01-08-2018 23:46 via feedproxy.google.com
  The CEO of Freudenberg Sealing Technologies, maker of seals and gaskets,says the supplier must evolve and emerge more agile if electric vehicle sales take off and its traditional market erodes.
  
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• U.S. new vehicle sales drop in July, except for Fiat Chrysler, that is

  01-08-2018 23:40
  
  Filed under:Earnings/Financials'Every year there is a clunker of a month'Continue reading U.S. new vehicle sales drop in July, except for Fiat Chrysler, that is U.S. new vehicle sales drop in July, except for Fiat Chrysler, that is originally appeared on Autoblog on Wed, 01 Aug 2018 17:40:00 EDT.Please see our terms for use of feeds. Permalink |  Email this | Comments
  
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• Tesla reports $717.5 million Q2 loss; Musk apologizes for 'bad manners'

  01-08-2018 23:38 via feedproxy.google.com
  The EV maker expects to increase Model 3 production to 6,000 per week by late August, buoying expectations Tesla will meet its goal of profitability and positive cash flow this year. Shares surged.
  
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• Tesla reports $717.5 million Q2 loss

  01-08-2018 23:38 via feedproxy.google.com
  The EV maker expects to increase Model 3 production to 6,000 per week by late August, buoying expectations Tesla will meet its goal of profitability and positive cash flow in the next two quarters.
  
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• Memorials for Marchionne to be held in Italy and Michigan

  01-08-2018 23:37 via feedproxy.google.com
  Fiat Chrysler said memorial services will be held for the late Sergio Marchionne on Sept. 14 in Italy and on Sept. 27 at FCA's North American headquarters in Michigan.
  
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• SUBARU JULY SALES: New Ascent keeps streak alive

  01-08-2018 23:23 via feedproxy.google.com
  Subaru's Ascent and Crosstrek crossovers led the automaker to a record July for U.S. sales.
  
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• HYUNDAI-KIA JULY SALES: Retail gains at Hyundai partially offset fleet cutbacks

  01-08-2018 23:00 via feedproxy.google.com
  Combined U.S. sales at Hyundai Motor America and Kia Motors fell 5.1 percent to 104,864 in July, with retail sales at Hyundai rising slightly to counter a sharp 51 percent drop in combined fleet deliveries at the Hyundai and Genesis brands.
  
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• Can Trump administration compromise with states on fuel economy?

  01-08-2018 23:00 via feedproxy.google.com
  The EPA's acting chief told lawmakers he would welcome any deal between automakers and states such as California that stem from a long-awaited Trump administration effort to roll back emission rules.
  
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• Tesla expects to hit 6,000/week Model 3 production rate

  01-08-2018 22:55
  
  Filed under:Earnings/Financials,Tesla,Sedan,Electric,LuxuryPosts record quarterly loss, plans to reverse it by tripling output in Q3.Continue reading Tesla expects to hit 6,000/week Model 3 production rate Tesla expects to hit 6,000/week Model 3 production rate originally appeared on Autoblog on Wed, 01 Aug 2018 16:55:00 EDT.Please see our terms for use of feeds. Permalink |  Email this | Comments
  
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• LUXURY JULY SALES: Mercedes-Benz plunge puts crown at risk

  01-08-2018 22:54 via feedproxy.google.com
  Sales at Mercedes-Benz, the highest-volume U.S. luxury brand for the past two years, fell 23 percentin July after inventory shortfalls and a technical glitch handicapped dealers.
  
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• Why Nissan is looking to Mars for autonomous solutions

  01-08-2018 22:41 via feedproxy.google.com
  Nissan is looking heavenward to develop autonomous driving systems.
  
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• Magneti Marelli jumps further into mobility before spinoff

  01-08-2018 22:16 via feedproxy.google.com
  Magneti Marelli, FCA's parts business set to be spun off, has inked a deal to purchase SmartMeUp, a perception software company for autonomous vehicles.
  
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• Tesla V9.0 to add classic Atari games, updated Autopilot, and more

  01-08-2018 21:55
  
  Filed under:Design/Style,Green,Toys/Games,Tesla,Crossover,Hatchback,Sedan,Electric,Luxury,PerformancePlay Pole Position with the steering wheel, then enjoy Camping mode.Continue reading Tesla V9.0 to add classic Atari games, updated Autopilot, and more Tesla V9.0 to add classic Atari games, updated Autopilot, and more originally appeared on Autoblog on Wed, 01 Aug 2018 15:55:00 EDT.Please see our terms for use of feeds. Permalink |  Email this | Comments
  
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• TRAVERSE CITY CONFERENCE: Andersson says emerging markets key to industry's growth

  01-08-2018 21:47 via feedproxy.google.com
  Bo Andersson, Yazaki's top executive in North America and Europe, said most industry growth moving forward will come from 11 emerging markets.
  
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• 2019 Lexus ES300h has a quiet and comfortable interior

  01-08-2018 21:20
  
  Filed under:Design/Style,Videos,Lexus,Sedan,Hybrid,LuxuryTake a look at the LC-inspired design cues.Continue reading 2019 Lexus ES300h has a quiet and comfortable interior 2019 Lexus ES300h has a quiet and comfortable interior originally appeared on Autoblog on Wed, 01 Aug 2018 15:20:00 EDT.Please see our terms for use of feeds. Permalink |  Email this | Comments
  
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• NISSAN JULY SALES: 'Challenging' July as cars, trucks tumble

  01-08-2018 21:19 via feedproxy.google.com
  Nissan North America's sales fell 15 percent in July to 108,792 as both car and truck deliveries slid by double-digit percentages from a year ago.
  
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• VW-AUDI JULY SALES: A lift from expanded crossover roster; Audi rolls on

  01-08-2018 21:04 via feedproxy.google.com
  Volkswagen's U.S. sales rose 13 percent in July to 30,520 on more growth from its expanded crossover lineup. U.S. sales at Volkswagen Group, behind the VW brand, have advanced every month this year -- making it the only major automaker to do so.
  
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• TRAVERSE CITY CONFERENCE: U.S., Mexico getting close to deal on autos content rules at NAFTA

  01-08-2018 20:44 via feedproxy.google.com
  The U.S. and Mexico are getting close to a deal on the key issue of autos content rules at talks to renew the NAFTA trade pact, a senior Mexican official said.
  
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• GM reintroduces Tripower name in the worst way possible

  01-08-2018 20:40
  
  Filed under:Green,Marketing/Advertising,Chevrolet,GM,Automotive History,TruckIt once stood for performance. Now it's for saving fuel?Continue reading GM reintroduces Tripower name in the worst way possible GM reintroduces Tripower name in the worst way possible originally appeared on Autoblog on Wed, 01 Aug 2018 14:40:00 EDT.Please see our terms for use of feeds. Permalink |  Email this | Comments
  
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• HONDA JULY SALES: A year-high drop in car volume

  01-08-2018 20:24 via feedproxy.google.com
  American Honda's U.S. car sales plunged 19 percent in July, the largest monthly decline so far this year.
  
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• TRAVERSE CITY CONFERENCE: Emissions rollbacks won't affect Honda's plans

  01-08-2018 20:20 via feedproxy.google.com
  Honda will go ahead with plans for more environmentally friendly vehicles despite the Trump administration's consideration of rolling back emissions targets.
  
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• TOYOTA JULY SALES: Sharp decline as cars, incentives slip

  01-08-2018 19:55 via feedproxy.google.com
  Light trucks were a bright spot for both Toyota and Lexus, reflecting the sharp industry trend toward crossovers, SUVs and pickups.
  
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• TRAVERSE CITY CONFERENCE BLOG: Why people want to talk about sexism

  01-08-2018 19:52 via feedproxy.google.com
  The problem, I'm told, is that talking about sexism in the auto industry is like pitching a dog-bites-man story. It's not really surprising. But it is pervasive.
  
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• FCA JULY SALES: A record month for Jeep

  01-08-2018 19:46 via feedproxy.google.com
  Record sales of the Jeep Wrangler, Cherokee and Compass pushed FCA US deliveries up 5.9 percent in July to 170,970.
  
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• FORD JULY SALES: Plunge in car sales drags overall performance down 3.3%

  01-08-2018 19:29 via feedproxy.google.com
  Ford's U.S. sales slipped 3.3 percent to 194,026 in July as car demand fell sharply and SUV and crossover sales dropped slightly from a year ago.
  
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• TRAVERSE CITY CONFERENCE: Why Magna is touting 'scalable building blocks' for future powertrains

  01-08-2018 18:56 via feedproxy.google.com
  Despite conflicting global emissions regulations and consumer demands, automakers can profitably deliver vehicles with as many as 50 powertrain combinations, says a top Magna executive.
  
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• Back-in-black Opel eyes new export opportunities

  01-08-2018 18:49
  The recent news that Opel/Vauxhall is now profitable after years of losses under previous owner General Motors has been accompanied by an upbeat assessment of opportunities ahead for the under-pressure division now owned by Groupe PSA.
  
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• TRAVERSE CITY CONFERENCE: How the Renault-Nissan alliance invests in new technologies

  01-08-2018 18:31 via feedproxy.google.com
  Electric vehicle and clean energy technologies are key investment targets for Alliance Ventures, the corporate venture arm of the Renault-Nissan-Mitsubishi Alliance.
  
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• Trailer for new Paul Walker documentary released

  01-08-2018 18:05
  
  Filed under:Celebrities,VideosThe doc will air on the Paramount Network.Continue reading Trailer for new Paul Walker documentary released Trailer for new Paul Walker documentary released originally appeared on Autoblog on Wed, 01 Aug 2018 12:05:00 EDT.Please see our terms for use of feeds. Permalink |  Email this | Comments
  
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• Ex-Tesla employee accused of sabotage files defamation countersuit

  01-08-2018 17:49
  
  Filed under:Tesla,Sedan,ElectricMartin Tripp says he fears for his personal safety after claims he intended to "shoot the place up."Continue reading Ex-Tesla employee accused of sabotage files defamation countersuit Ex-Tesla employee accused of sabotage files defamation countersuit originally appeared on Autoblog on Wed, 01 Aug 2018 11:49:00 EDT.Please see our terms for use of feeds. Permalink |  Email this | Comments
  
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• Former Trump aide becomes GM lobbyist

  01-08-2018 17:46 via feedproxy.google.com
  Everett Eissenstat, a top White House finance and trade adviser, has joined General Motors as senior vice president for global public policy.
  
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• 2020 Porsche 911 spied uncovered, only the badges remain hidden

  01-08-2018 17:20
  
  Filed under:Design/Style,Spy Photos,Porsche,Coupe,Luxury,PerformanceExpect the new model to make at least 390 horsepower.Continue reading 2020 Porsche 911 spied uncovered, only the badges remain hidden 2020 Porsche 911 spied uncovered, only the badges remain hidden originally appeared on Autoblog on Wed, 01 Aug 2018 11:20:00 EDT.Please see our terms for use of feeds. Permalink |  Email this | Comments
  
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• Fast Porsches and gold BMWs | Autoblog Podcast #548

  01-08-2018 16:50
  
  Filed under:Earnings/Financials,Podcasts,BMW,Ferrari,Fiat,Kia,Porsche,Volkswagen,Coupe,Crossover,Luxury,PerformanceWe also discuss Sergio Marchionne.Continue reading Fast Porsches and gold BMWs | Autoblog Podcast #548 Fast Porsches and gold BMWs | Autoblog Podcast #548 originally appeared on Autoblog on Wed, 01 Aug 2018 10:50:00 EDT.Please see our terms for use of feeds. Permalink |  Email this | Comments
  
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• JULY AUTO SALES: Ford, Toyota, Honda, Nissan dip amid car slump; Jeep propels FCA

  01-08-2018 16:15 via feedproxy.google.com
  Paced by declines at Ford, Nissan, Honda, Toyota, General Motors and Hyundai-Kia, U.S. light-vehicle sales fell an estimated 3.
  
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• Jaguar Land Rover reports £264 million pre-tax loss

  01-08-2018 16:10
  
  James Brodie2018-08-01 15:05
  Profitability swings violently for Jaguar Land Rover in Q1 due to China, Brexit and diesel uncertaintyJaguar Land Rover has reported a pre-tax loss of £264 million for the first quarter of the 2018/19 financial year, leveraging the changing nature of the new car market in China as having a significant effect on the company’s accounts.
  Retail sales year on year stand at 145,510 vehicles globally, up 5.9 per cent, but wholesales are down 5 per cent to 131,5
  
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• 2019 Buick Regal to get Avenir luxury treatment

  01-08-2018 16:05
  
  Filed under:Buick,Sedan,LuxuryContinue reading 2019 Buick Regal to get Avenir luxury treatment 2019 Buick Regal to get Avenir luxury treatment originally appeared on Autoblog on Wed, 01 Aug 2018 10:05:00 EDT.Please see our terms for use of feeds. Permalink |  Email this | Comments
  
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• VW eyes in-house solid state battery cell production

  01-08-2018 16:02
  Volkswagen is considering producing its own solid state battery cells with possible serial production from 2024 or 2025, its chief executive said on Wednesday.
  
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• UPS partners with L.A.-based startup Thor on electric delivery truck

  01-08-2018 15:25
  
  Filed under:Green,Truck,ElectricThe delivery company plans to buy 9,300 low-emission vans.Continue reading UPS partners with L.A.-based startup Thor on electric delivery truck UPS partners with L.A.-based startup Thor on electric delivery truck originally appeared on Autoblog on Wed, 01 Aug 2018 09:25:00 EDT.Please see our terms for use of feeds. Permalink |  Email this | Comments
  
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• Ferrari Q2 profit rises, confirms outlook

  01-08-2018 15:12
  Ferrari reported a 7% rise in second-quarter adjusted core earnings and confirmed its outlook for the year, Reuters reported.
  
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• Auto suppliers chasing the $255 billion electric vehicle bonanza

  01-08-2018 15:05
  
  Filed under:Green,Emerging Technologies,Technology,Electric,Future3M, BorgWarner, Aptiv and other suppliers are scrambling to innovate.Continue reading Auto suppliers chasing the $255 billion electric vehicle bonanza Auto suppliers chasing the $255 billion electric vehicle bonanza originally appeared on Autoblog on Wed, 01 Aug 2018 09:05:00 EDT.Please see our terms for use of feeds. Permalink |  Email this | Comments
  
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• Tesla's strange story of a debunked threat; intrigue grows between Martin Tripp and Elon Musk

  01-08-2018 14:54 via feedproxy.google.com
  The strange story of former Tesla worker Martin Tripp's brushes with law enforcement, and with Elon Musk, keeps getting stranger.
  
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• Ferrari's second-quarter profit jumps 7%

  01-08-2018 14:45 via feedproxy.google.com
  Ferrari reported a 7 percent rise in second-quarter earnings, helped by sales of the 812 Superfast model and cars from the 488 family.
  
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• Mexican officials optimistic about NAFTA news in coming days

  01-08-2018 14:31
  
  Filed under:Etc.,Government/LegalThis as nations meet on unified strategy for Trump auto tariff threatsContinue reading Mexican officials optimistic about NAFTA news in coming days Mexican officials optimistic about NAFTA news in coming days originally appeared on Autoblog on Wed, 01 Aug 2018 08:31:00 EDT.Please see our terms for use of feeds. Permalink |  Email this | Comments
  
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• AutoNation's Q2 net, revenue grow on strong used-vehicle operations

  01-08-2018 14:15 via feedproxy.google.com
  AutoNation's net income and revenue rose in the second quarter, primarily on gains in its used-vehicle business.
  
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• Tesla to invest $5 billion in Chinese factory

  01-08-2018 14:00 via feedproxy.google.com
  The company is considering raising funds in China to finance at least a portion of the investment for the plant, a person familiar with the plans told Bloomberg.
  
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• Buick expanding Avenir to 2019 Regal Sportback

  01-08-2018 13:56 via feedproxy.google.com
  The 2019 Buick Regal Sportback is the fourth vehicle globally to receive the Avenir high-end treatment.
  
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• VW Group posts Q2 operating profit up 22.7%

  01-08-2018 13:52
  Volkswagen Group has posted a positive set of quarterly financial results that exceeded analyst expectations, despite incurring additional costs connected with 'dieselgate' follow-up actions.
  
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• Ford promises unique towing tech for US Ranger

  01-08-2018 13:52
  Ford says its 2019 Ford Ranger - its return to the mid-size US truck segment - will offer innovative towing technology not available elsewhere when sales start later this year.
  
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• Mahle opens new UKntest and certification centre

  01-08-2018 13:45
  Mahle has opened its new Worldwide Harmonised Light Duty test procedure (WLTP) and Real Driving Emissions (RDE)-capable test centre (RDEC) in Northhampton in the UK.
  
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• Mahle opens new UK test and certification centre

  01-08-2018 13:45
  Mahle has opened its new Worldwide Harmonised Light Duty test procedure (WLTP) and Real Driving Emissions (RDE)-capable test centre (RDEC) in Northampton in the UK.
  
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