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Automakers seek to use Trump summit to avert war with California

by deeperkins | May 11, 2018 | Uncategorized

American automakers may be on a mission impossible when they visit the White House today. They want to persuade President Trump to cooperate with Jerry Brown, the Democratic governor of California. Source: Auto Feed

Softening North America hits profits at Subaru

by deeperkins | May 11, 2018 | Uncategorized

Subaru profits declined in the latest quarter amid steeper U.S. competition and falling sales at home where the company was engulfed in a faulty vehicle inspection scandal. Source: Auto Feed

Mazda names Americas head Akira Marumo next CEO

by deeperkins | May 10, 2018 | Uncategorized

Mazda has named Americas chief Akira Marumoto its new CEO as the second-tier Japanese carmaker — with its limited randd budget and reliance on old-school combustion engines — confronts big challenges in the new era of electrification, autonomous…...

Audi to skip 2019 Detroit auto show, joining BMW, Benz

by deeperkins | May 10, 2018 | Uncategorized

In dropping out of the 2019 Detroit auto show, Audi said it will continue to evaluate auto shows case by case, relative “to the timing of our product introductions and the value the show brings from a media and consumer perspective.” Source: Auto...

GM sees custom designs, personal ownership for self-driving cars

by deeperkins | May 10, 2018 | Uncategorized

General Motors, which plans a ride-sharing fleet of robotaxis for next year, is looking at further business opportunities for self-driving cars, such as custom designs. Source: Auto Feed

Geely hires advisers for possible Volvo stock offering, report says

by deeperkins | May 10, 2018 | Uncategorized

Volvo Cars owner Zhejiang Geely has selected Citigroup, Goldman Sachs and Morgan Stanley to advise on an initial public stock offering for the Swedish carmaker this year, Bloomberg reported. Source: Auto Feed
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