FILE PHOTO: People visit a Tesla booth during the media day for the Shanghai auto show in Shanghai, China April 16, 2019. REUTERS/Aly Song BEIJING (Reuters) – U.S. electric vehicle maker Tesla Inc is considering lifting its prices in China from September amid yuan-related uncertainty, two people familiar with the matter said. The people declined… Continue reading Tesla considers raising prices in China from September: sources
Tag: Possible_Terrorism_Warfare
Crisis of the German automotive industry: Schaeffler, Bosch, Aumann – German automotive suppliers in need
picture alliance / dpa Cylindrical roller bearings from Schaeffler: Not only Schaeffler is suffering from the radical change in the automotive industry. Bosch, Leoni, Conti, Aumann, Infineon and BASF are also preparing for difficult times Trade war, weak demand, farewell to internal combustion engine: The German auto industry is in its most difficult phase for… Continue reading Crisis of the German automotive industry: Schaeffler, Bosch, Aumann – German automotive suppliers in need
MADD Teams with Velodyne Lidar for a Second Year to Advance Understanding of Autonomous Vehicle Technology
July 30, 2019 Mothers Against Drunk Driving (MADD) is proud to partner for a second year with Silicon Valley-based Velodyne Lidar, Inc., a market leader of real-time 3D perception systems used in a variety of commercial applications, including autonomous vehicles. The partnership continues a public education effort across the country on the safety benefits of… Continue reading MADD Teams with Velodyne Lidar for a Second Year to Advance Understanding of Autonomous Vehicle Technology
‘Curbing car imports won’t kill competition’
Assemblers of 660-1,000cc cars are lucky in the sense that the market is now getting wide open for them to take advantage of shrinking used car imports.Iconic Suzuki Mehran (800cc) continued to sail smoothly in the presence of imported 660cc used cars like Daihatsu Mira, Daihatsu Move, Nissan Dayz, Nissan Moco, Suzuki Alto, Suzuki Hustler and commercial picks of Daihatsu, Suzuki and Nissan.Some analysts fear that controlling used car imports will strengthen the monopoly of local assemblers that jack up prices multiple times every year citing the exchange rate movement.
Trump hits China with more tariffs, says Xi moving too slowly on trade
By Andrea Shalal and Alexandra Alper WASHINGTON (Reuters) – U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply raising the stakes in a bruising trade war with China and jolting global financial markets. The announcement on Thursday extends Trump’s trade tariffs to nearly all… Continue reading Trump hits China with more tariffs, says Xi moving too slowly on trade
‘Truck, truck and away’: Pickups drive GM’s profit beat
DETROIT (Reuters) – General Motors Co (GM.N) posted a better-than-expected net profit on Thursday as high-margin pickup trucks, SUVs and crossovers helped overcome slowing sales in the United States and China, and reiterated its full-year earnings forecast. FILE PHOTO: General Motors Co. displays the new Chevrolet 2020 Silverado HD pickup truck at the GM Flint… Continue reading ‘Truck, truck and away’: Pickups drive GM’s profit beat
UPDATE 1-Mazda Q1 profit disappoints, hurt by weak U.S., China sales
* Posts worst Q1 operating profit since June 2012 quarter * Mazda’s global vehicle sales down 12% in Q1 * Strong yen vs euro, Australia dollar also hurts profit (Adds results details) By Naomi Tajitsu TOKYO, Aug 1 (Reuters) – Mazda Motor Corp reported a 79% drop in quarterly operating profit, falling significantly short of… Continue reading UPDATE 1-Mazda Q1 profit disappoints, hurt by weak U.S., China sales
Tesla Will Pay Shanghai $323 Million In Taxes Due To Gigafactory 3
You have to be pretty confident in success to accept such a bill… Anyone in doubt if Tesla is one of the big guys in the automotive industry’s neighborhood or not can check its deal with the Shanghai government for Gigafactory 3. Tesla has simply agreed to pay 2.23 billion renminbi – $323 million –… Continue reading Tesla Will Pay Shanghai $323 Million In Taxes Due To Gigafactory 3
Cruise’s Modified Strategy Marks A Mega Phase Shift In Self-Driving Car Industry – Forbes
Cruise, the self-driving car element of GM, made an announcement that could be seen as a healthy sign that the driverless car industry is embracing the tech race and now the trust race too. Photocredit: AP When you are knee-deep in a particular industry it can be difficult at times to notice when an overall… Continue reading Cruise’s Modified Strategy Marks A Mega Phase Shift In Self-Driving Car Industry – Forbes
Bergmeister ADR 630 Shooting Grand Plugs Austro Daimler Back To Life
Shooting brake can run up to 155 miles just on its batteries juice. Electric mobility is allowing lots of defunct brands to raise from the dead. Take Hispano Suiza, but it is not the best example. The company is currently going through a fight for its brand that threatens to kill it again. Let’s get… Continue reading Bergmeister ADR 630 Shooting Grand Plugs Austro Daimler Back To Life