UK new car registrations fall -9.0% to 112,162 units as supply chain shortage continues to frustrate order fulfilment. Battery electric vehicles (BEV) buck trend, growing market share to 10.9%, but pace of growth slows. Industry outlook revised downwards, now anticipating a -2.8% fall in 2022 total new car registrations. SEE CAR REGISTRATIONS BY BRAND DOWNLOAD… Continue reading New car registrations fall as supply issues continue to bite
Tag: Possible_Terrorism_Warfare
Toyota earnings outlook clouded by $13bn cost increase, Lexus backlog
NAGOYA — Toyota Motor now expects to pay an extra 1.7 trillion yen ($12.8 billion) in material costs this fiscal year, a sharply higher forecast than just a few months ago owing to a weak yen and the disruption from the war in Ukraine. Thursday’s new estimate for the year ending March 2023 is 20% higher than the projection… Continue reading Toyota earnings outlook clouded by $13bn cost increase, Lexus backlog
TuSimple reportedly tried to pass off a self-driving truck crash as ‘human error’
TuSimple is in trouble. Last April, a semi-trailer truck operated by the San Diego-based company that was traveling down I-10 in Tucson, Arizona, suddenly lurched left, slamming into a concrete divider, according to dashcam footage leaked to YouTuber Asian Mai. TuSimple blamed “human error,” but a report in The Wall Street Journal says that’s a… Continue reading TuSimple reportedly tried to pass off a self-driving truck crash as ‘human error’
Labour laws upgrade, simplification of taxes, stable tariffs key to India’s trade: Report
The report examines how India can better integrate into GVCs based on findings from a survey of 200 domestic and foreign companies in India across aerospace and defence; automotive and auto-components; capital goods; electronic systems design and manufacturing (ESDM); new and renewable energy; and pharmaceuticals and medical devices. New Delhi: Upgrading labour laws, simplifying taxation… Continue reading Labour laws upgrade, simplification of taxes, stable tariffs key to India’s trade: Report
German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004939
Wolf-Henning Scheider Der Vorstandsvorsitzende von ZF legt die Zahlen vor. (Foto: picture alliance/dpa) Der zweitgrößte deutsche Automobilzulieferer ZF wächst trotz rückläufiger Produktionszahlen der Autohersteller. Im ersten Halbjahr legte der Umsatz des Stiftungskonzerns vom Bodensee um zehn Prozent auf 21,2 (2021: 19,3) Milliarden Euro zu. Nach Angaben des Managements sind weniger als die Hälfte des Umsatzanstiegs auf… Continue reading German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004939
Forget those Tesla crashes: GM says you can trust its autonomous vehicles
General Motors is racing to electrify its vast lineup of vehicles in a concerted bid to outpace Tesla as the No. 1 seller of EVs in the world. But it’s also competing with Tesla on a whole other front: autonomous vehicles. On this front, GM feels like it has an edge. It’s hands-free advanced driver-assist… Continue reading Forget those Tesla crashes: GM says you can trust its autonomous vehicles
German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004937
Wolf-Henning Scheider Der Vorstandsvorsitzende von ZF legt die Zahlen vor. (Foto: picture alliance/dpa) Der zweitgrößte deutsche Automobilzulieferer ZF wächst trotz rückläufiger Produktionszahlen der Autohersteller. Im ersten Halbjahr legte der Umsatz des Stiftungskonzerns vom Bodensee um zehn Prozent auf 21,2 (2021: 19,3) Milliarden Euro zu. Nach Angaben des Managements sind weniger als die Hälfte des Umsatzanstiegs auf… Continue reading German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004937
July retail sales fall 8%; cautiously optimistic entering the festive season: FADA
Representative Image New Delhi: Even though the passenger vehicle registrations saw a year-on-year decline of 5% at 2,50,972 units in July 2022, the segment is witnessing a recovery as retail sales are already higher than 2019, says the data shared by Federation of Automobile Dealers Associations (FADA) on Thursday. Retail sales of two wheelers also… Continue reading July retail sales fall 8%; cautiously optimistic entering the festive season: FADA
Vehicle retails in July down by 8%, 3-wheelers and CVs shine
Here is the real-world, on-ground market reality of vehicle sales in India. As per the vehicle retail data for July 2022 released by the Federation of Automobile Dealers Associations (FADA) today, total vehicle retails at 14,36,927 units are a 7.84% decline from July 2021’s 15,59,106 units. Three-wheelers (up 80%) and commercial vehicles (27%) were the… Continue reading Vehicle retails in July down by 8%, 3-wheelers and CVs shine
Readout of Deputy Attorney General Lisa O. Monaco’s Trip to South Carolina
Deputy Attorney General (Deputy AG) Lisa O. Monaco traveled to South Carolina this week to see firsthand how the Justice Department is working with local communities to protect public safety. The Deputy AG attended two National Night Out events on Tuesday evening in Charleston and North Charleston, South Carolina. Joined by U.S. Attorney Adair Ford Boroughs… Continue reading Readout of Deputy Attorney General Lisa O. Monaco’s Trip to South Carolina