Manufacturers are backing off from subscription – short-term flexible contracts, offering customers the ability to switch or hand back vehicles with little notice. Often colloquially referred to as ‘Netflix for cars’, the format was popularised at the beginning of the decade and has been championed by some providers as a revolutionary way of accessing vehicles. … Continue reading Why manufacturers have pulled back on subscriptions
Category: US Motoring Press
Hot new Mini Countryman rivals VW T-Roc R with 296bhp
Mini is taking renewed aim at the performance SUV ranks with its new and larger John Cooper Works Countryman. Set for UK sale in 2024, it receives an updated version of parent company BMW’s turbocharged 2.0-litre four-cylinder petrol engine, which sends 296bhp and 295lb ft to both axles through an eight-speed automatic. Those figures are… Continue reading Hot new Mini Countryman rivals VW T-Roc R with 296bhp
A New Law Supercharged Electric Car Manufacturing, but Not Sales
President Biden’s signature climate law has stimulated a surge of investment in electric vehicle production across the country, including tens of billions of dollars on battery plants across the South and new assembly lines near the Great Lakes. Based on early evidence, it is succeeding at a goal that economists have long considered difficult and… Continue reading A New Law Supercharged Electric Car Manufacturing, but Not Sales
U.A.W. and Ford Reach Tentative Contract Agreement
The United Automobile Workers and Ford Motor have reached a tentative agreement on a new four-year labor contract, the union announced Wednesday, nearly six weeks after the union began a growing wave of walkouts against the three Detroit automakers. The union said the deal included a roughly 25 percent pay increase over four years, cost-of-living… Continue reading U.A.W. and Ford Reach Tentative Contract Agreement
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From: To: Sent: Subject: Jerry Dischler Redacted@google.com> Anil Sabharwal Redacted@google.com> Fri, 3 May 2019 09:05:53 -0700 Re: Important SQV Update Cc: Prabhakar Raghavan Redacted@google.com>, Nick Fox Redacted@google.com>, Benedict Gomes Redacted@google.com>, John Maletis Redacted@google.com>, Hiroshi Lockheimer Redacted@google.com> … Continue reading Read the document
Federal Investigators Widen Tesla Inquiry, Company Says
The Department of Justice has expanded its inquiry into Tesla’s business practices to include how far its vehicles can travel on a full charge and “personal benefits” to high-ranking executives or large shareholders, the company said without elaborating. The disclosure followed recent news reports that the carmaker appears to have misled customers about how far… Continue reading Federal Investigators Widen Tesla Inquiry, Company Says
U.A.W. Expands Strike to a Ram Plant in Michigan
In a major escalation of its six-week strike at the three large U.S. automakers, the United Automobile Workers union on Monday told 6,800 workers at a large Ram pickup truck plant in Michigan to walk off the job. Union workers at the Sterling Heights plant, which is owned by Stellantis, the parent of Ram, Chrysler… Continue reading U.A.W. Expands Strike to a Ram Plant in Michigan
Nonunion Workers Are Playing a Big Role in the Autoworkers’ Strike
Tens of thousands of people who work for Toyota in Kentucky, Mercedes-Benz in Alabama or Tesla in Texas are technically not involved in the high-stakes negotiations taking place between labor and management in and around Detroit. But they are very much a presence. Executives at Ford Motor, General Motors and Stellantis, the parent of Chrysler,… Continue reading Nonunion Workers Are Playing a Big Role in the Autoworkers’ Strike
Tesla’s Quarterly Profits Plunge 44%
Tesla’s profit slumped in the third quarter, disappointing Wall Street expectations, after the carmaker cut prices to maintain its dominance of the market for electric vehicles. Elon Musk, Tesla’s chief executive, also dashed hopes that a new model called the Cybertruck would quickly revive earnings, warning that the pickup truck would take at least 18… Continue reading Tesla’s Quarterly Profits Plunge 44%
Bill Ford Says U.A.W. Strike Is Helping Tesla and Toyota
The monthlong strike by the United Automobile Workers and the union’s demands for substantial pay and benefits increases risk damaging the U.S. auto industry, hurting its ability to compete against nonunion foreign rivals, the executive chairman of Ford Motor said on Monday. The fight should not be seen as the U.A.W. against Ford, or its… Continue reading Bill Ford Says U.A.W. Strike Is Helping Tesla and Toyota