Autoline reports breaking global car news, with great insight and analysis. Also, top auto executive interviews. We cover electric vehicles (EV), autonomous vehicles (AV) and internal combustion engine technology (ICE), as well as car sales & financial earnings and new car reviews.
0:00 GM Snags Apple VP
0:44 Lucid Burns Through Half Its Cash
1:50 NEV Sales Slip in China
2:41 EU Told to Raise Chinese Import Tariffs
3:34 Mitsubishi Continues to Shrink
4:24 Was New Toyota Tacoma “Leak” Deliberate?
5:18 Ford Ready to Unveil the New Ranger
5:42 Consumers Wary of Subscription Services
6:41 Iveco Buys Out Nikola JV Shares
7:18 NextEra to Invest Heavily in Green Hydrogen
7:52 First Fisker Returned to the Factory
Story Links:
GM Hires Apple VP: https://pressroom.gm.com/gmbx/us/en/pressroom/home/news.detail.html/Pages/news/us/en/2023/may/0509-abbott.html
Lucid Burns Through Cash: https://ir.lucidmotors.com/news-releases/news-release-details/lucid-announces-first-quarter-2023-financial-results
China NEV Sales: https://www.reuters.com/business/autos-transportation/chinas-car-sales-rise-21-april-price-war-effect-fades-2023-05-09/
EU Concerned Over Chinese EVs: https://europe.autonews.com/automakers/chinese-ev-imports-threaten-europe-car-company-profits
Mitsubishi Sales Slide: https://www.autonews.com/earnings-reports/mitsubishi-earnings-automaker-sees-na-profits-surging-outlander
Was Tacoma Leaked?:
https://www.tacoma4g.com/forum/threads/breaking-leaked-2024-tacoma-image-from-toyota-website.1285/
https://www.autonews.com/cars-concepts/2024-toyota-tacoma-image-leaks-online
Ford Teases New Ranger: https://youtu.be/wMjbaYXVor4
Consumers Don’t Like Subscription Services: https://www.coxautoinc.com/market-insights/selling-subscription-based-vehicle-features-will-challenge-automakers-in-unexpected-ways/
Iveco Buys Nikola JV Shares: https://www.reuters.com/business/autos-transportation/iveco-group-nikola-reshuffle-joint-venture-electric-hybrid-trucks-2023-05-09/
NextEra to Invest in Hydrogen: https://www.wsj.com/articles/the-most-valuable-u-s-power-company-is-making-a-huge-bet-on-hydrogen-4c1896d?mod=Searchresults_pos1&page=1
First Fisker Returned: https://www.bloomberg.com/news/articles/2023-05-08/fisker-software-struggles-hamper-debut-model-deliveries
Fisker Production Cuts: https://assets.ctfassets.net/cghen8gr8e1n/3QHPkDbooNR5RfN7rPPkV5/2a80d969ebebc50d6ec1184b9c18c6e6/Fisker_Q1_2023_Earnings_Release_Final.pdf
Read the transcript here: http://www.autoline.tv/journal/?p=87268#more-87268
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