Your 8-minute update on the latest developments in the global automotive industry. New cars, new technology, and the breaking business developments.
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AD #3841 - Rivian Hits Paydirt With Massive VW Investment; Revealed The Last Pontiac Concept Car; CATL Flies 4-Ton Electric Plane
- Rivian Hits Paydirt With Massive VW Investment - Rivian Hints At 5 Future Models - Tesla Drops Under 50% U.S. EV Market Share - CDK Cyberattack Lasts Longer Than Expected - U.S. June Sales At 16.2 Million SAAR - Revealed The Last Pontiac Concept Car - GM-SAIC Use Robots for Car Testing - Bentley Unleashes Most Powerful Model Ever - CATL Flies 4-Ton Electric Plane
AD #3840 - ONE Gets Lifeline from Foxconn; BYD Struggling in Japan; Rivian Slashes Manufacturing Costs
- Stellantis Warns It Could Abandon UK Market - ONE Gets Lifeline from Foxconn - Automakers Say No to High-Speed AEB - BYD Struggling to Sell EVs in Japan - XPeng Says 2025 is ChatGPT Moment for AVs - CDK Cyberattack Hurts Financials of Dealer Groups - BlackSuit is Hacker Group Behind CDK Hack - VW Updates Jetta - Rivian Slashes Manufacturing Costs - U.S. Consumers Want to Own Their Vehicle Data
AD #3839 - China to EU, Drop Tariffs…Or Else; China Car Exports Up 26% In 2024; Ford, Rivian and Hyundai EVs Tackle Pikes Peak
- China to EU, Drop Tariffs…Or Else - China Car Exports Up 26% In 2024 - Russia Car Dealers Upset at Chinese OEMs - Cyberattack Still Disrupting Car Dealers - Bosch #1 Auto Supplier Last Year - Ford, Rivian and Hyundai EVs Tackle Pikes Peak - Ferrari Launches New Facility to Make EVs - F1 and Amazon Use Generative AI to Enhance Race Broadcasts - China Car Execs Turn to Livestreaming to Lure Customers
AD #3838 - China Handed Out $230 Billion EV Subsidies; BMW Scraps $2B Northvolt Deal; Canada Considers China Tariffs
- Chinese EV Makers Got $230 Billion In Subsidies - China Sales Down, NEVs Up - Canada Considers China Tariffs - BYD to Create 10,000 Jobs in Mexico - BYD Selling Car Insurance - Bugatti’s Over-The-Top Tourbillon - Nio Unveils 4th-Gen Swap Stations - BMW Scraps $2B Northvolt Deal - ZF Airbag for Level-3 Cars - Porsche Opens Full Scale Climate Wind Tunnel
AD #3837 - Dealers Profit $4,500 Per Car; XPeng Claims Best EV Aerodynamics; Tesla Batteries Easily Last 200K Miles
- Cyber Attack Shuts Down CDK's Dealer Management System - Dealers Profit $4,500 Per Car - European Market Struggles in May - EV Sales Pick Up in the U.S. - Huawei Has Huge AV Team - XPeng Claims Best EV Aerodynamics - Lucid Files for 'Ocean' Trademark - Ford Bringing Back Dealer Credit Program - Tesla Batteries Easily Last 200K Miles
AD #3836 - D3 Get Out of China, ASAP!; Ferrari EV To Cost €500,000; Tyromer Can Recycle Any Tire
- D3 Get Out of China, ASAP! - Akio Toyoda Sees Slipping Shareholder Support - Chinese OEMs Call for EU Import Tariffs - China Building LFP Supply Chain in Morocco - New BMW X3 Goes Hybrid Only - Land Rover Freelander Becomes China-Only Brand - To Hell with Emissions Fines, Wrangler V8 Comes Back - Ferrari EV To Cost €500,000 - Tyromer Can Recycle Any Tire
AD #3835 - Tesla Roadster Delayed Again; Porsche Creating Battery Digital Twin; Magna Gets Order for Swivel Seats
- Fisker Files for Bankruptcy - 2nd Leapmotor Car for EU Will Have Lidar - Tesla Roadster Delayed Again - GM Pushes Back Cruise Origin Production - GM's Orion Plant Could Sit Idle for 3 Years - Dacia Moving Up Segment - Porsche Creating Battery Digital Twin - Magna Gets Order for Swivel Seats - China's Charging Rates Explained - BMW Implements Giant Autonomous Robot - Sony and Honda Getting Ready to Launch Afeela
AD #3834 - Lucid Air Now Gets 5 Miles Per kWh; 1 Million EV Overcapacity In N. America; China NEV Exports To Mexico Up 443% By Value
- China Approves FSD Testing for Tesla - 1 Million EV Overcapacity in N. America - Mini Hit with EU’s Highest China Tariff - China NEV Exports to Mexico Up 443% By Value - Fiat Panda Offers Hybrid and BEV Choices - Stellantis Says ‘Back to Work!’ - Tony Roma To Head Corvette Program - 917 Dragon Armor Edition Is Wild Chinese SUV - Lucid Air Now Gets 5 Miles Per kWh
AD #3833 - Shareholders Approve Musk $56B Pay, He May Not Get It; Fast Chargers Don’t Hurt EV Batteries; 4 Most Expensive Cars To Maintain
- Tesla Model Y #1 World Seller - Stellantis Pivots Sourcing to Low-Cost Countries - Fast Chargers Don’t Hurt Batteries - Ford Allows All Its Dealers to Sell EVs - Shareholders Approver Musk Pay Package. He May Not Get It - Canadian Steals Tesla Secrets - EU Warranty Costs Up Sharply - 4 Most Expensive Cars to Maintain - UAW’s Boyer Hits Back at Fain - Smart Unveils Mid-Size SUV
AD #3832 - 46% of EV Owners Want ICE Car Back; Ford Skunkworks Up to 300 Employees; Honda and Mitsubishi Form EV Joint Venture
- 46% of EV Owners Want to Go Back to ICE - China EV Investors Shrug Off EU Tariffs - France Calls for More China Tariffs - Big Oil and Corn Join Forces to Oppose EV Regs - Honda Converts Kei Van to Pure EV - Honda and Mitsubishi Offer Battery Lease - Chinese Brands Outsell American Brands - Alpine Unleashes EV Hot Hatch - Ford Skunkworks Up to 300 Employees - BMW Refreshes 2 Series Coupe - BYD Has the Most Employees on Payroll
AD #3831 - EU Slaps Up To 38% Tariff on Chinese EVs; Used EV Prices Now Below Used Gas Cars; GM Slashes EV Production Target
- EU Slaps Up To 38% Tariff on Chinese EVs - GM Slashes EV Production Target - GM Invests Additional $850 Million Into Cruise - NEVs Account For 47% Of Chinese Car Market - Used EV Prices Now Below Used Gas Cars - IIHS Survey Finds Drivers Ok with Speed Limiters - U.S. Car Buyers Claim $1 Billion In EV Tax Incentives - Renault Forms Hydrogen Mobility Partnership - Daimler Truck and Kawasaki To Develop Liquid Hydrogen Supply
AD #3830 - Justice Dept Investigates UAW's Shawn Fain; Japan OEMs Losing S.E. Asia to China; BYD Breaks Into Top 10 Global Automakers
- Justice Dept Investigates UAW's Shawn Fain - Turkey Slaps 40% Tariff on Chinese Cars - Japan OEMs Losing S.E. Asia to China - Russia Buys Most of China ICE Exports - Chinese OEMs Race to Beat Tesla's FSD - Hyundai Teases Compact EV - BYD Breaks Into Top 10 Global Automakers - How BMW Avoided Software Issues - OEMs Ignore South African EV Push
AD #3829 - Cadillac Considers a Hypercar; People Prefer EVs That Sound Like IC Engines; Elon Musk Channels His Inner Henry Ford
- Cadillac Considers a Hypercar - What’s the Next Big Body Style? - People Prefer EVs That Sound Like IC Engines - Nissan Gives Bolt Owners $1,000 To Switch - Porsche Offers EV Owners $4,500 To Switch - EU Countries Want Chinese Assembly Plants - Volvo Shifts Some EVs From China to EU - Volvo Recalls EX30 On Software Glitches - We Drive 4 Chinese EVs - Report Card Data Available For $45 - Elon Musk Channels His Inner Henry Ford
AD #3828 - Rivian Makes Massive Upgrades to R1; 300-Mile BEVs Now Cheaper Than Average ICE; Stellantis Has Highest Profit Margin
- 75% of Wrangler 4xe Buyers New to Jeep - Shareholders Tell Porsche To Back Off EV Blitz - Lyft Sees Sunny Days Ahead - Rivian Makes Massive Upgrades to R1 - Volvo EX30 Off to Good Start - Daimler Launches Military Trucks - Biden Admin Allows More PHEVs - 300-Mile BEVs Now Cheaper Than Average ICE - Stellantis Has Highest Profit Margin
AD #3827 - Virginia Backs Out of California EV Mandate; Mercedes Dethrones Tesla with Profit/Car; ZF Packages Airbag Into Steering Wheel Rim
- Virginia Backs Out of California EV Mandate - New York Axes City Congestion Plan - Republican Group Wants to Ban CATL and Gotion - J.D. Power Finds EV Charging Getting Better - Zoox Expanding Robotaxi Testing - Mercedes to Use Chinese AV Tech - GM-SAIC Develop AV Validation Process - ZF Packages Airbag Into Steering Wheel Rim - Mercedes Dethrones Tesla with Profit/Car - Toyota Expands Crown Lineup