How Tesla’s price cuts could spur an EV pricing war

A Tesla showroom is seen in the City Center shopping center on January 17, 2023 in Washington, DC. Anna Moneymaker | Getty Images DETROIT — Tesla vehicles in the U.S. are seeing significant price cuts, and that’s proving to be a double-edged sword for the electric carmaker and the greater automotive industry. Tesla earlier this… Continue reading How Tesla’s price cuts could spur an EV pricing war

High-Speed Vehicle-Inspection Technology for Dealers on Display at NADA

UVeye’s industry-first suite of tire, underbody and exterior inspection technology sets new standards for speed, accuracy and cost efficiency General Motors, Hyundai, Toyota Tsusho, Volvo and CarMax are investment partners in development of the new technology DALLAS, Jan. 25, 2023 /PRNewswire/ — The auto industry’s first fully automated suite of vehicle-inspection systems for dealership service… Continue reading High-Speed Vehicle-Inspection Technology for Dealers on Display at NADA

Ford to cut 3200 European jobs, warns German union

Ford will cut up to 3200 jobs across Europe as it shifts development work to the US, according to German trade union IG Metall. The American firm plans to drop up to 2500 staff in product development and up to 700 in administration, affecting most German plants plus Belgium and the UK, the union said. It… Continue reading Ford to cut 3200 European jobs, warns German union

The clean tech arms race has begun

The annual meeting of the World Economic Forum is taking place in Davos from Jan. 16 until Jan. 20, 2023. It has dominated the headlines out of Davos this week, prompted diplomatic grumblings from Germany and put European lawmakers in a bind. Passed last year, a historic US climate bill has opened up a new… Continue reading The clean tech arms race has begun

20 days into 2023, nearly 20 Indian startups have cut jobsAccording to a report, 763 startups laid off 154,843 employees globally in 2022.

20 days into 2023, and at least 20 Indian startups have handed pink slips to employees, in a grim start to the new year which was expected to bring some respite from the tech winter. While 2021 is remembered as the year of unprecedented funding rounds as Indian startups raised more than $42 billion across… Continue reading 20 days into 2023, nearly 20 Indian startups have cut jobsAccording to a report, 763 startups laid off 154,843 employees globally in 2022.

@niche: Morgan Recognised for Support of Armed Forces Community002458

Morgan has been awarded bronze certification from the Defence Employer Recognition Scheme (ERS). This award acknowledges the company’s support of the Armed Forces community and its commitment to serving personnel, both regular and reservists, veterans, and military families. Less than a year ago, Morgan signed the Armed Forces Covenant, pledging to support and champion the… Continue reading @niche: Morgan Recognised for Support of Armed Forces Community002458

China’s video game makers see revival hopes as crackdown eases

China’s end to a sweeping crackdown on its video games market is expected to breathe life back into the battered industry this year, but remaining restrictions on some content and economic headwinds will limit the extent of the recovery. Beijing’s tough curbs in 2021 laid waste to the once-booming industry, shaving over half of the… Continue reading China’s video game makers see revival hopes as crackdown eases

@Nissan: 2023/01/20 Nissan Announces Terms and Condition of its Sustainability Bonds to raise 200 billion yen …000947

2023/01/20 YOKOHAMA, Japan – Nissan Motor Co., Ltd. has today decided the terms and conditions for the issuance of sustainability bonds that will raise 200 billion yen. The issuance is comprised of a “SAKURA” bonds for retail investors and a wholesale bonds. The bonds represent the second tranche of funds that Nissan has raised since… Continue reading @Nissan: 2023/01/20 Nissan Announces Terms and Condition of its Sustainability Bonds to raise 200 billion yen …000947

China’s video game makers come in from the cold as crackdown eases, article with gallery

HONG KONG, Jan 20 (Reuters) – China’s end to a sweeping crackdown on its video games market is expected to breathe life back into the battered industry this year, but remaining restrictions on some content and economic headwinds will limit the extent of the recovery. Beijing’s tough curbs in 2021 laid waste to the once-booming… Continue reading China’s video game makers come in from the cold as crackdown eases, article with gallery

Why GM’s new Chevy Corvette is a hybrid and not an all-electric car

watch now DETROIT – General Motors’ future may be in all-electric vehicles, but it still needs its current models to pay the bills to allow it to invest in those new products. That’s one of the reasons why the automaker on Tuesday revealed the 2024 Chevrolet Corvette E-Ray – the first-ever “electrified,” or hybrid, version… Continue reading Why GM’s new Chevy Corvette is a hybrid and not an all-electric car