Autoline Daily: Top Industry News for June 26

BMW Packs EV Tech into a 5-Series; Carmakers in Europe Face Big Fines; Mitsubishi Moves North American HQ

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Sales Swoon, Mobility Outlays Challenge Industry

For Wards Intelligence Subscribers
China, which accounted for a whopping 61% of global sales growth in 2018, will see a cool-off due to a combination of government actions, a tariff dispute with the U.S. and bloated production capacity.

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The Evolution of CIOs into CEOs

Cloud computing, cybersecurity and agile development are becoming the crucial issues of the day. That makes chief information officers – not typical CEOs or CFOs – the best qualified to lead in the future.

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Tesloop to Begin Supercharger-to-Supercharger Rentals

For Wards Intelligence Subscribers
The Tesla-centric mobility-service provider believes the lure of the Tesla brand for riders, and the projected tax benefits or appreciation for vehicle owners, will make its long-distance rental service more financially viable than short-distance urban rideshare schemes.

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Passenger Bus Outfitted for Final Journey

Van Hool’s Koninklijke Beuk funeral coach can accommodate 26 mourners along with the deceased whose casket is secured to a bier, or platform, after being placed on the coach using a reinforced lift.

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Mercedes-Benz Strikes Egypt Production Deal

The Egyptian assembly operation will be set up by a local business partner, Mercedes-Benz parent Daimler says.

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Car Dealers Struggle With Long Transactions, Sketchy Credit Info

An Equifax poll aimed to better understand current trends in auto-retail transactions, credit applications, vehicle financing and fraud.

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