Back in China, BYD (Build your Dreams) has become a terror for German automakers. The Chinese electric car manufacturer is now number one in the world’s largest car market. The German brands are increasingly losing touch there. And now the Chinese have also gone on the offensive in the European home market of VW, Mercedes… Continue reading German FAZ: How the Chinese want to crack the German car market006376
Tag: Possible_Terrorism_Warfare
German FAZ: How the Chinese want to crack the German car market006376
Back in China, BYD (Build your Dreams) has become a terror for German automakers. The Chinese electric car manufacturer is now number one in the world’s largest car market. The German brands are increasingly losing touch there. And now the Chinese have also gone on the offensive in the European home market of VW, Mercedes… Continue reading German FAZ: How the Chinese want to crack the German car market006376
Auto finance: The tug of war
Product planners at automotive OEMs are responsible for models that are to be produced and sold, but many may not know that dealers also have a big advisory role, as they are the ones who are in direct contact with the market and have a greater understanding of what sells and what doesn’t. In a… Continue reading Auto finance: The tug of war
Great News for Tesla Stock and Nio Stock Investors
Fool.com contributor Parkev Tatevosian discusses why a pact among rivals to stop the price war could be great news for Tesla (NASDAQ: TSLA) and Nio (NYSE: NIO) stock investors. *Stock prices used were the afternoon prices of July 6, 2023. Go to Source
‘Chinese storm’ looming over Europe’s EV sector, Renault chairman warns
The development of alternative fuels – such as synthetic e-fuels and hydrogen – would be crucial in the event of a sudden shortage of batteries due to a dearth of raw materials, Senard said. A “Chinese storm” is looming over Europe‘s growing electric vehicle (EV) sector, Renault Chairman Jean-Dominique Senard told Reuters on Saturday, as… Continue reading ‘Chinese storm’ looming over Europe’s EV sector, Renault chairman warns
@VW Group: The Adventurer: Pilot Jolantha Tschudi and her dream007521
04/07/2023 In 1948, Jolantha Tschudi was the first female customer of the young sports car brand Porsche. The Swiss amateur pilot who explored Africa continues to inspire us to this day with her pioneering spirit and courage. “I’m all alone with my bird; how it obeys my every command and carries me through the air.… Continue reading @VW Group: The Adventurer: Pilot Jolantha Tschudi and her dream007521
China’s auto group retracts pledge to avoid ‘abnormal pricing’
SHANGHAI (Reuters) — The China Association of Auto Manufacturers (CAAM), citing antitrust law, on Saturday retracted a pledge to avoid “abnormal pricing” made two days earlier by 16 automakers, including Tesla. Thursday’s CAAM-organized pledge by the companies, including Chinese electric vehicle (EV) makers Nio, Li Auto and Xpeng, had been interpreted by some as signaling… Continue reading China’s auto group retracts pledge to avoid ‘abnormal pricing’
‘Chinese storm’ looming over Europe’s EV sector, Renault chairman warns
AIX-EN-PROVENCE, France, July 8 (Reuters) – A “Chinese storm” is looming over Europe’s growing electric vehicle (EV) sector, Renault Chairman Jean-Dominique Senard told Reuters on Saturday, as Asia’s superpower dominates key raw materials to make batteries for zero emission cars. China’s recent decision to restrict exports of two metals – gallium and germanium – used… Continue reading ‘Chinese storm’ looming over Europe’s EV sector, Renault chairman warns
Up 29% in June, Nio Stock Looks Ready for a Bull Run
After falling consistently over the past few months, shares of Nio (NYSE: NIO) bounced back swiftly to gain a solid 28.7% in June, according to data provided by S&P Global Market Intelligence. Investors’ expectations for Nio were bleak ahead of its first-quarter report, which it delivered on June 9. Although demand for EVs in its… Continue reading Up 29% in June, Nio Stock Looks Ready for a Bull Run
China’s auto group retracts pledge to avoid ‘abnormal pricing’
[1/5]Cars drive on the road during the evening rush hour in Beijing, China, July 1, 2019. Picture taken July 1, 2019. REUTERS/Jason Lee/File Photo SHANGHAI, July 8 (Reuters) – The China Association of Auto Manufacturers (CAAM), citing antitrust law, on Saturday retracted a pledge to avoid “abnormal pricing” made two days earlier by 16 automakers,… Continue reading China’s auto group retracts pledge to avoid ‘abnormal pricing’