Autoline reports breaking global car news, with great insight and analysis. Also, top auto executive interviews. We cover electric vehicles (EV), autonomous vechicles (AV) and internal combustion engine technology (ICE), as well as car sales & financial earnings snd new car reviews.
0:00 Car Dealers Losing Market Share
1:01 Musk Steps Away from Twitter, Tesla Investors Rejoice
1:45 Germany Scores Big Battery Plant
2:34 VinFast To Do a SPAC
3:15 Hyundai-Kia Face Insurance Lawsuit
4:53 Mercedes Axes CLS
5:24 Honda To Export MIC EVs to EU
6:19 Linamar To Open Gigacasting Factory
7:16 Shipping Shortage Due to China Car Exports
7:53 Baojun Yep Gets Cool Accessories
Story Links:
– Car Dealers Losing Market Share: https://www.autonews.com/dealers/tesla-rivian-lucid-direct-ev-sales-likely-cost-california-dealers-910m
– Elon Musk Reducing Twitter Role: https://www.reuters.com/technology/musk-says-has-found-new-ceo-twitter-2023-05-11/
– Tesla Stock Up: https://www.investors.com/news/tesla-stock-rises-after-elon-musk-finds-twitter-ceo/
– Germany Scores Battery Plant: https://www.reuters.com/technology/northvolt-invest-billions-build-gigafactory-germany-2023-05-12/
– VinFast Doing a SPAC: https://vinfastauto.us/newsroom/press-release/vinfast-to-publicly-list-through-business-combination-with-black-spade
– Hyundai/Kia Face Lawsuit: https://www.autonews.com/finance-insurance/insurers-sue-hyundai-and-kia-over-costs-easily-hot-wired-vehicles
– Mercedes Getting Rid of the CLS: https://www.wardsauto.com/vehicles/mercedes-end-cls-production
– Honda Launching e:Ny1 in Europe: https://global.honda/newsroom/news/2023/4230512eng.html?from=newsroom_headline_area
– Linamar to Open Large Casting Plant in Canada: https://www.autonews.com/suppliers/canadas-linamar-will-immediately-break-ground-new-plant
– Increase in China Exports Taking Cargo Ships from Others: https://www.autonews.com/earnings-reports/mazda-earnings-automaker-capitalizes-us-upmarket-move
– Baojun Yep Gets Cool Accessories: https://carnewschina.com/2023/05/12/gm-goes-wild-in-china-as-sgmw-unveils-baojun-yep-with-cool-retro-roof-racks-to-launch-on-may-25/
– To read the transcript for today’s show click here: http://www.autoline.tv/daily/?p=87327#more-87327
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