SPARTANBURG, S.C. (AP) – BMW says it is sticking with plans to add 1,000 workers in South Carolina, even though the company will start production of a new vehicle in China. BMW and Chinese partner Brilliance Automotive Group Holdings said Monday a joint venture called BMW Brilliance Automotive will increase the number of vehicles made… Continue reading BMW says no change in South Carolina expansion plans
Tag: Possible_Terrorism_Warfare
UPDATE 5-Tesla moves first to hike prices in China as trade war hits car makers
BEIJING/SHANGHAI (Reuters) – U.S. carmaker Tesla Inc has hiked prices on its Model X and S cars by about 20 percent in China, the first automaker to do so in the world’s top automotive market in response to mounting trade tensions between the countries. The move is the earliest indication of how much higher Chinese… Continue reading UPDATE 5-Tesla moves first to hike prices in China as trade war hits car makers
Why companies are scrambling for the once little-known element cobalt
Tariffs create uncertainty in the automotive industry, says former Toyota exec
The Trump administration’s tariffs might hurt the car and truck industry more than help, auto industry veteran Jim Press told CNBC.
Singapore regulator challenges Uber-Grab merger
Singapore regulator challenges Uber-Grab merger Financial Times Uber and Grab clash with Singapore watchdog as it threatens fines and a break-up of their merger CNBC Uber’s Big Plan to Sell Its Southeast Asia Division May Have Just Fallen Apart Fortune Singapore proposes fines on Grab, Uber, says merger harms competition Reuters Grab-Uber merger has reduced competition and increased prices,… Continue reading Singapore regulator challenges Uber-Grab merger
Uber and Grab clash with Singapore watchdog as it threatens fines and a break-up of their merger
Carmakers’ June sales rise 9.9 pct as demand recovers
SEOUL, July 2 (Yonhap) — The combined sales of South Korea’s five carmakers rose 9.9 percent last month from a year earlier due to increased demand from major markets, corporate data showed Monday. The five automakers — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp. and SsangYong Motor Co. —… Continue reading Carmakers’ June sales rise 9.9 pct as demand recovers
Mazda Joins Toyota in Condemning Trump’s Car-Tariff Plans
LISTEN TO ARTICLE SHARE THIS ARTICLE Mazda Motor Corp. became the latest auto company to condemn the Trump administration’s plans for potential car import tariffs, saying such duties would hit both the industry as well as U.S. consumers. The Japanese manufacturer said it filed comments on the Commerce Department’s investigation into car-related imports on Thursday,… Continue reading Mazda Joins Toyota in Condemning Trump’s Car-Tariff Plans
First Rwandan-made Volkswagen rolls off assembly line
KIGALI: The first Rwandan-made Volkswagen car rolled off the assembly line on Wednesday at the country’s first auto factory. The small Polo hatchback vehicle was greeted by President Paul Kagame and Volkswagen South Africa boss Thomas Schafer at the $20 million (17 million euros) facility, set up following a December 2016 deal. “Some found it… Continue reading First Rwandan-made Volkswagen rolls off assembly line
Uber safety driver of fatal self-driving crash was watching Hulu, not the road
A safety driver operating an Uber self-driving vehicle looked down at a phone that was streaming The Voice on Hulu 204 times during a 43-minute test drive that ended when pedestrian Elaine Herzberg was struck and killed in Tempe, Arizona, according to a 318-page police report reviewed by TechCrunch. The Tempe Police Department released late… Continue reading Uber safety driver of fatal self-driving crash was watching Hulu, not the road