Detroit auto show moves to fall 2021

Rolls-Royce customers appreciate electric power, which "fits perfectly" with the brand, CEO Torsten Müller-Ötvös said.

“We have a shot at a record quarter for vehicle deliveries, but will have to rally hard to achieve it,” Musk wrote in an internal email Sunday. “This is the most number of vehicles per day that we’ve ever had to deliver.”

The “Battery Day” presentation, which follows the annual shareholders meeting, is expected to showcase innovations designed to keep the company’s lead in electric cars as rivals flood the market with new battery-powered vehicles over the next couple of years.

Didi flagged as early as 2018 its intention to team up with car manufacturers to produce customized EVs for its ride-hailing service, which dominates in China and counts Uber as an investor.

Hyundai said the pace of recovery would be slow after a 33 percent drop in global sales in the second quarter following the coronavirus pandemic.

Uber's CEO is exploring various options. One would see Uber accelerating the project by open-sourcing it to coders around the world, Bloomberg reported. Or the company could continue building a proprietary car with money from existing partners, Toyota and affiliate supplier Denso, and possibly new ones.

The maker or turbochargers said it entered into a "stalking horse" purchase agreement, subject to court approval, with private equity firm KPS Capital Partners for $2.1 billion. It expects to operate without interruption through the reorganization.

Former Nissan director Greg Kelly's trial in Tokyo is also casting a searing light on Carlos Ghosn, Nissan and business in Japan.

Activity picked up sharply in June after the onset of the coronavirus pandemic in March triggered delays in closing transactions.

Hyundai and Genesis say it's time to get back to their pandemic-delayed dealership upgrade programs. Some retailers think it's too soon.