In this issue:
Data
- Global light vehicle sales to increase 2.9% in 2024
Results
- Musk prioritises autonomy following Tesla’s mixed Q2 results
- China and Cruise losses cast shadow on GM’s Q2 results
Brands
- JLR’s halo strategy sends its prices higher and higher
Markets
- Korean automotive risks over-dependence on North America
- Truckmakers weigh up supply and demand in post-COVID economy
Legislation
- China escalates US EV trade war dispute to the WTO
- US to issue new rules on Chinese vehicle software in August
- Renault CEO urges EU to be flexible on 2035 ICE phase-out
Supply chain
- US market conditions require new OEM-supplier business model
Autonomous
- Aurora’s pay-per-mile key to scaling autonomous trucking
Software-defined vehicle
- CrowdStrike prompts software security reassessment
E-Mobility
- GM’s Barra backs off one million electric vehicle target
- Suzuki future-proofing: energy reduction more than EVs
- Why are major OEMs getting cold feet over electric vehicles?
- Power shift: VW turns to Rivian for EV software
Hydrogen
- Fuel cells heading for cost parity with batteries by 2029
- Cars are just the start: Toyota readies hydrogen ecosystem
Manufacturing
- VinFast delays opening of its US EV plant to 2028
- Ford retools plant for ICE pick-up instead of EV models
- Trump signals he is “open” to Chinese EV production in US
- Volvo Cars moves to mitigate EX30 production uncertainty
- EU tariffs are changing automotive production geography
