Friday morning car news roundup, January 20, 2017

Today is Friday

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40% Price Drop On Chinese EV Batteries Spells Trouble For Tesla

A cornerstone of the Tesla story may be crumbling amid indications that the company’s envisioned battery price advantage could evaporate long before the company’s Gigafactory has gone into full swing. An analyst note from Morgan Stanley says that Chinese battery suppliers may cut their prices by 35%-40% in 2017, while still making a profit. On Thursday, shares of electric vehicle battery maker Samsung SDI dropped 4% on the news, while competitor LG Chem was down 1.8%. Tesla stock was unchanged in after-hours trading.

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Thursday morning car news roundup, January 19, 2017

Today is Thursday

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Wednesday morning car news roundup, January 18, 2017

Today is Wednesday

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Japan Hands British Caterham Unfair Advantage: ‘Sorry, Suzuki, Daihatsu And Honda.’

In between blinged-up custom vans and hardly dressed campaign girls at this year’s Tokyo Auto Salon, I ran into the man that busted Japan’s kei car keiretsu. He will have to be thanked when Japanese soon get 20 horses more in their mini-vehicles. … [Continue reading]

Blasting BMW, Trump Shows Scary Naivete

A week ago, I carelessly opined that BMW would be among the last automakers exposed to the wrath of Trump. After all, the Bavarian automaker produces more cars in the U.S. than it sells in-country, a rare honor shared only with Tesla and Daimler. As … [Continue reading]

Tuesday morning car news roundup, January 17, 2017

Top News:   Audi and FAW sign China electric car cooperation deal - Reuters: FRANKFURT Volkswagen's (VOWG_p.DE) Audi AG (NSUG.DE) said it will expand its model portfolio in China to include locally produced electric cars ... Groupe … [Continue reading]

Monday morning car news roundup, January 16, 2017

Top News:   Trump threatens German carmakers with 35 percent U.S. import tariff - Reuters: United States President-elect Donald Trump warned German car companies he would impose a border tax of 35 percent on vehicles imported to the U.S. … [Continue reading]