From data leaks to electrified versions of classic models, we’ve rounded up this week’s most buzz-worthy industry news. We also took a look at VDP view distribution per VIN for both New and Used/CPO vehicles from June 2018 – and we think you’ll be surprised by the results. Let us know what you think in the comments below!
FROM AUTOMOTIVE NEWS: Mitsubishi Operating Profit Soars 36% On Sales Surge, Cost Cuts
FROM AXIOS: Leaky Data Exposes Big Auto’s Secrets
This week is buzzing with a big story about assembly line schematics, factory floor layouts, and robotic configuration data being leaked. The good news? Reports show that no sensitive or proprietary data was exposed – and the area of exposure was sealed quickly upon discovery.
FROM ENGADGET: VW Will Build Its Electric Microbus and Crossover in the U.S.
Following their $40 billion investment in artificial intelligence in 2017, the German automaker’s effort to localize electric mobility in North America focuses on releasing an all-new, battery-powered microbus and crossover SUV by 2022.
FROM THE MOTLEY FOOL: Will BMW’s Move Open Doors for More Profits at GM and Ford?
China has recently decided to allow foreign automakers to own 50%+ of their joint ventures, allowing OEMs to take home more of their profits. BMW is the first in line to negotiate for more ownership – setting a precedent for other major automakers to follow suit.