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Inside Automotive

Inside Automotive (Oct 9th, 2018)

1. Daimler’s chief financial officer will exit the automaker. Bodo Uebber, who has served as CFO since 2004, will step down after his term runs out in December 2019. Some close to the executive say Uebber had hopes he would be considered a successor to outgoing CEO Dieter Zetsche. However, Ola Källenius was selected instead and Uebber will allow him to lead Daimler’s restructuring of Daimler’s company into three separate parts governed by a single holding company, which it is planning for 2019. No indication yet on who will replace Uebber. — HANDELBLATT

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2. Daimler is in talks to collaborate with automaker Geely on a ride-hailing service for the Chinese market. Geely, which is owned by Chinese billionaire Li Shufu, owns about 10 percent of Daimler. Under discussion would be a 50-50 joint venture between the companies that would directly take on market leader Didi Chuxing. However, the discussions have not been finalized. Geely also owns majority stakes in Volvo, Lotus and London Black Cabs. — BLOOMBERG

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3. After 10 months on the job, Delphi’s CEO is stepping down. Liam Butterworth stepped down from the auto supplier to accept a role at the automotive division of Melrose Industries, which develops automotive technology and electric drivetrains for vehicles. Butterworth served as Delphi’s president of its drivetrain business until December 2017, when he became CEO of the newly formed Delphi Automotive. Aptiv, which focuses on autonomous and connected car technologies, was spun off into an independent company last year. — AUTO NEWS

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4. Tesla CEO Elon Musk explains the automakers’ model cycle. On Twitter, one user suggested that the automakers’ vehicles would undergo a “full refresh” in 2021. However, Musk said, “No such thing as a ‘full refresh’ at Tesla or even a model year. Our cars are partially upgraded every month as soon as a new subsystem is ready for production. There is no cadence.” This comes as many often speculate that the automakers’ vehicles would undergo a refresh cycle, similar to how traditional automakers sell vehicles. — TWITTER

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5. Uber has written an equation that would help cities measure and manage street curbs. The equation is: Activity/(Time x Space). This equation can help cities understand and find better uses for the street curb, which may include eliminating street parking or creating dedicated zones for delivery drivers or ride-hailing. — WIRED

6. Jaguar Land Rover will stop production at its UK plant for two weeks. This comes as the automaker experiences a sales drop in China, due to import duties and a trade war with the U.S. — AUTO NEWS

7. Daimler will begin construction of an EV battery plant in the U.S.  The construction will be a part of a planned $1 billion investment to upgrade its factory in Tuscaloosa, Alabama. — AUTO NEWS

8. A dealership in Southern California is refusing to sell some Toyota Prius models over a safety recall. At Roger Hogan Toyota in Claremont, the dealership will not sell used 2010 to 2015 Prius vehicles after an unaddressed problem with the vehicles’ inverters. — ABC 7

9. One observer says Tesla should not make Autopilot into a fully autonomous driving system. Business Insider senior transportation reporter Matthew DeBord believes it is likely the automaker’s self-driving system would not stack up to the likes of Waymo or Cruise Automation. — BUSINESS INSIDER

10. The Trump administration is pressing Japan to shift more auto output to the U.S. Commerce Secretary Wilbur Ross wants the country to take additional steps in reducing its automotive trade surplus with the U.S. — AUTO NEWS

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This newsletter was written and curated by Johan Moreno. Johan is based out of Los Angeles, CA and has covered technology and automotive extensively for a variety of publications, including The Orange County Register. Follow him on Twitter @dudejohan

Editing team: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies), Krystle Vermes (Breaking news editor at Inside, B2B marketing news reporter, host of the "All Day Paranormal" podcast), and Susmita Baral (editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).

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