- 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.
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