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Ford GT gets five driving modes

The Ford GT features five built-in driving modes called normal, wet, sport, track, and v-max, respectively. Each mode is specifically tuned for a unique driving environment, according to the Blue Oval.    

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NIO gets $600M investment

Chinese Google rival Baidu has invested $600 million in a startup electric car manufacturer named NIO. The money will be used to put an all-electric hatchback on the road by 2020.    http://reut.rs/2nbzfbt

 1h

Volvo focusing on EVs, not hydrogen

Volvo is focusing on electrification, and company boss Hakan Samuelsson doesn't believe hydrogen is the fuel of the future. He points out an all-new infrastructure is needed before hydrogen cars can become mainstream.    http://bit.ly/2nbEcks

 2h

Ford to make "significant" investment in three plants

Ford is expected to announce "significant" investment in three of its Michigan factories. Ford hasn't commented on the report, and the UAW is keeping silent.    http://detne.ws/2nbzuTS

 3h

Nissan adding third GT-R trim line

Nissan will introduce the mid-level GT-R Track Edition at the New York auto show.   http://bit.ly/2naem0s

 15h

Tesla takes aim at BMW, Mercedes-Benz compacts

After revealing the new Model 3 release candidate last week, Telsa CEO Elon Musk touched on Tesla's production ramp-up strategy for its new volume model. If the EV automaker can hold to its forecasts, it will produce half a million units in 2018--unprecedented for a ground-up vehicle launch, says Bloomberg.   http://bloom.bg/2nF2FCU

 19h

China to get a Buick plug-in

GM will soon introduce a re-badged version of its Chevrolet Volt in China known as the Buick Velite 5.   http://bit.ly/2nnwIfW

 20h

Slowing auto sales could be bad news for lenders

Moody's Investors Service has released a report indicating that the recent "plateauing" of the auto industry could pose a risk for lenders whose clients are stretching to close sales. As lenders fight over a diminishing pool of highly qualified buyers, riskier loan terms (what the report refers to as "accommodative financing") will likely be offered to keep business flowing.   http://reut.rs/2nnioUF

 21h

Lamborghini Urus won't set 'Ring record

Lamborghini won't try to set a new Nurburgring record with the upcoming Urus SUV. It will nonetheless be one of the fastest off-roaders on the market, and it will be capable of holding its own off the beaten path.    http://bit.ly/2nEqtGW

 23h

Reborn Lagonda to take on Rolls-Royce

Aston Martin is serious about taking on Rolls-Royce with its recently revived Lagonda sub-brand. The company is set to introduce a sedan and a SUV around the turn of the decade.    http://bit.ly/2nEhky2

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