• Great Wall Motors unveils two new vehicle platforms(Coded Lemon and Tank, investment of over $2.86billion) and a digital platform ( coded Smart Coffee) for transitioning into a global technology mobility company.
  • Ford gets a $643M loan guarantee from UK government to protect exports.
  • Nissan was prepared to delay Barcelona plant closure by six months.
  • Valeo post H1 net attributable loss of US$1.41billion.
  • FCA and Waymo announced to expand their autonomous driving technology partnership on light commercial AVS.
  • FCA, PSA merger probe halted as EU concern the combination could hurt competition in small vans.
  • Tesla’s six-month average market capitalization reached $150billion for the first time.
  • Tesla’s stock surge in Q2, market capitalization makes it the world’s most valuable automaker.
  • Renault UK starts first delivery of Zoe EVs order.
  • VW’s Bentley Motors launch updated SUV with capacity increase.
  • Ford Motor issues three safety recalls(2016-20 Lincoln MKX & Nautilus) in North America.
  • German minister proposes Europe wide motorway tolls.