GM Aims For 2019 Self-Driving Car, But Doubts Mount. Investors Impressed By Technology But Doubt Start Date. “We believe that stock market expectations for commercialisation at scale and profitability may need to be dialled back significantly” General Motors showed off its autonomous vehicle (AV) capabilities and although investors were impressed by its technology they reckoned […]
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VW Eases Ahead Of Renault In Europe Electric Car Sales Race. “PHEVs appeal to those still put off by the lack of electric infrastructure and the linked range-anxiety of pure EVs” The good news for Volkswagen is that it overtook Renault in October to become the top selling battery electric vehicle maker in Western […]
BMW Flexes Technology Muscles To Impress Investors. “We came away impressed (with) an extremely advanced modular strategy for any powertrain engineering” BMW’s recent financial performance disappointed investors, but a visit to HQ in Munich to showcase its vision of the future went some way to restoring some investors’ confidence. BMW’s electrification strategy has come under […]
PSA Finds Opel-Vauxhall Lags Badly In Race To Cut CO2. Faces Big Hurdle Anyway As Diesel Demise Continues. Opel-Vauxhall Plan Relied Heavily On Loss-Making Electric Car. “If only PSA had picked up the phone and asked us, we could have told them before they completed the deal,” PSA Group is reportedly claiming compensation from General […]
GM’s Autonomous Car Impresses, But Big Hurdles Remain. “Courageous of GM to allow investors to peek into its AV world. The ride was entertaining. It mostly worked, and will surely improve, but we believe that the last 1 per cent will be extremely difficult to perfect” General Motors’ demonstration of its commercial autonomous vehicle (AV) […]
Tesla Truck, Roadster Wow Audiences, But Model 3 Existential. Details Of Truck Missing, But New Funding Ideas Welcomed. “some aspects were unconvincing. Musk said the truck would be available in 2019 and the sports car by 2020, which seems impossible” Tesla Inc grabbed the headlines with the expected launch of its electric truck, then astonished […]
Aston Martin Vantage Aimed At Ferrari. “There’s not much competition for Aston Martin apart from the Ferraris. It’s a nice area for them” Aston Martin’s new Vantage sports car, unveiled last week, is causing some angst amongst Ferrari shareholders because it promises competition in a sector where it formally prowled alone. The Vantage, powered by […]
Investors Like VW’s 5-Year Plan But Worry About Unknowns. Free Cash Flow Target Suggests Higher Dividends. “New market participants, especially from China, could cause further market changes. Nobody can predict how the year 2025 actually looks” Volkswagen’s 5-year financial targets with sales led by SUVs and electric cars impressed investors, although some cautioned that imminent […]
E.U. Deal Still Most Likely, So Auto Industry Can Relax. “that puts us in a stark position: if they could not pass then we would be in the semi-catastrophic position of having to stop production” The debate about the impact on the British auto industry of leaving the European Union (E.U.), otherwise known as Brexit, […]
Renault Touts Its Plans For Latin America. “Renault Americas looks set to be on the cusp of a boom in sales” Renault’s revelation Europe would take second place to the rest of the world in the long-term plan to 2022 was greeted without excitement. But a sponsored trip to Brazil later in the month for […]
PSA Opel Plan Said Over-Optimistic; Only A Hint Of Harshness. Surprising Omission Of Capacity, Headcount Cuts. Call To Dump Vauxhall Denied By Tavares. “Many questions remain” “Opel-Vauxhall loss-making is not just going to go away. Something quite dramatic and credible will have to be done” PSA Group of France’s decision to buy chronic loss-maker Opel-Vauxhall […]
Charging Network, Electricity Supply May Cripple Electric Cars. “If EV penetration continues to increase, ageing grids will be unable to cope with extra peak demand, increased demand volatility” “A battery electric car with “fast” electric charge is about 25 times slower to fill than a vehicle with conventional fuel” Tesla Inc has a convincing recharging […]
E.U. CO2 Plan Relieves Industry, Infuriates Environmentalists. Watch Out For City Action Across Europe To Force Green Agenda. “The Commission has gifted the car industry an ineffective regulation after they came calling” “Our first reaction is that it could have been worse for the auto industry” Auto manufacturers were breathing a sigh of relief after […]