Detroit-based automaker reports 40% drop in profit on supply chain bottlenecks and Covid-19 lockdowns in China Go to Source
Author: Financial_Times Reporting
US states divided over petrol stations as LA considers ban on new pumps
Leverage our market expertise Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities. Join over 300,000 Finance professionals who already subscribe to the FT. Go to Source
‘Ruffling feathers’: How VW fell out of love with Herbert Diess
World’s second-largest carmaker sacked chief executive on Friday after bruising four-year tenure Go to Source
Herbert Diess ousted as Volkswagen boss
CEO forced out after supervisory board vote will be replaced by Porsche chief Oliver Blume Go to Source
Japanese carmakers race to champion ‘green’ combustion engines
Toyota campaign to develop net zero technology to save the traditional fuel model’s future faces several big challenges Go to Source
Robotaxis/Baidu: driverless cars are the future in China
Vehicles are unlikely to become big profit drivers but search giant has gained a valuable head-start Go to Source
Tesla profits jump despite production turmoil and China shutdowns
Electric carmaker’s gross margin slips from recent record after higher spending on new plants Go to Source
Can the auto industry accelerate sustainable production? | FT Tech
You can enable subtitles (captions) in the video player The automotive sector produces more than 10 per cent of the world’s industrial emissions. Carmakers racing to decarbonise and meet net-zero goals have focused on electrifying powertrains. But while electric cars produce less emissions than petrol or diesel models when driven, the production lines and parts… Continue reading Can the auto industry accelerate sustainable production? | FT Tech
Stellantis retreats from lossmaking Jeep partnership in China
Franco-Italian carmaker pulls back after failing to take majority share in joint venture with GAC Go to Source
Mercedes’ F1 team to invest in sustainable flight fuel
Motorsport has come under sharp scrutiny for its carbon-intensive travel regime Go to Source