From Lewis Hamilton to the GM Strike to the release of Ford v Ferrari, the last few weeks have brought a flurry of headlines within the automotive world. We thought a short curated summary with links to major articles would be a great way for Turtle Garage subscribers to start the week and get caught up on the unusually high volume of auto-centric news and events:
- Electrification has its costs. Daimler to slash 10,000 jobs as Darwinian selection continues to ravage the automobile industry. Read the Forbes story here.
- Mercedes driver Lewis Hamilton is quickly approaching Michael Schumacher’s record of seven Formula One championships. Read the ABC story here.
- Tesla unveiled a controversial “Cybertruck” and the window shatters. Read the recent CNN article on why it might be a success here. Also read how the Cybertruck’s unbreakable windows shattered here.
- The long awaited movie Ford v Ferrari is at the theaters and while not a masterpiece, overall the reviews are favorable. We recommend the film which is much more focused on Carroll Shelby and Ken Miles and less so on Enzo Ferrari. The film chronicles the epic tale of the battle to win the 24 Hours of LeMans. Read the New York Times review here.
- The Carlos Ghosn/Nissan drama continues. Read the latest news here.
- The consequences of the GM strike will be cost shareholders billions in earnings in 2019. Read the Reuters summary here.
- VW executives are charged with market manipulation. Read the Washington Post’s story here.
- Ride sharing service Uber has lost its license to operate in London. Uber is at odds with regulators and cab drivers in one of their most lucrative markets. Read the New York Times article here.