The United Automobile Workers union on Friday significantly raised the pressure on General Motors and Stellantis, the parent of Jeep and Ram, by expanding its strike against the companies to include all the spare-parts distribution centers of the two companies. By widening the strike to the distribution centers, which supply parts to dealerships for repairs,… Continue reading U.A.W. Widens Strikes at G.M. and Stellantis, but Cites Progress in Ford Talks
Tag: Strategy
Battle Over Electric Vehicles Is Central to Auto Strike
A battle between Detroit carmakers and the United Auto Workers union, which escalated on Friday with targeted strikes in three locations, is unfolding amid a once-in-a-century technological upheaval that poses huge risks for both the companies and the union. The strike has come as the traditional automakers invest billions to develop electric vehicles while still… Continue reading Battle Over Electric Vehicles Is Central to Auto Strike
Untitled
Oct 11 (Reuters) – OpenAI plans to introduce major updates for developers next month to make it cheaper and faster to build software applications based on its artificial intelligence models, as the ChatGPT maker tries to court more companies to use its technology, sources briefed on the plans told Reuters. The updates include the addition… Continue reading Untitled
Tesla makes all Superchargers in Israel free amid terror attacks
Tesla Supercharger (Source: Tesla) Tesla is making all Superchargers in Israel free to use to facilitate travel amid terror attacks in the country. Since this weekend, Israel has been dealing with an offensive from Hamas. Assailants managed to infiltrate the border and have been conducting coordinated terror attacks on civilians across the country, along with… Continue reading Tesla makes all Superchargers in Israel free amid terror attacks
Tesla tries new advertising effort, expands online ads
Tesla has been apparently dipping its toes in advertising over the last few months – and now it has expanded into a new medium, airport advertisement, on top of broadening its online ads. Earlier this year, CEO Elon Musk announced a reversal of his longstanding strategy that Tesla not spend on advertising but instead spend money… Continue reading Tesla tries new advertising effort, expands online ads
Europa Wire: Škoda Auto Set to Re-enter Kazakhstan Market with New Partner Allur Company000822
Škoda Auto Set to Re-enter Kazakhstan Market with New Partner Allur Company (IN BRIEF) Škoda Auto, the Czech car manufacturer, is making a strategic return to the Kazakhstan market by partnering with Allur Company for sales and production. They have signed a partnership agreement, and starting in early 2024, four Škoda models will be assembled… Continue reading Europa Wire: Škoda Auto Set to Re-enter Kazakhstan Market with New Partner Allur Company000822
ChargePoint shares fall after EV charging operator announces $232 million raise
A ChargePoint electric vehicle charging station at Walnut Creek City Hall parking lot, Walnut Creek, California, April 18, 2023. Smith Collection/gado | Archive Photos | Getty Images Shares of EV charging network operator ChargePoint Holdings closed sharply lower Wednesday after the company said it’s raising $232 million via stock sales. The company’s stock was down… Continue reading ChargePoint shares fall after EV charging operator announces $232 million raise
Stellantis, Samsung SDI to build $3.2 billion EV battery plant in Indiana
The Dodge Charger Daytona SRT Concept all-electric muscle car is shown at its world reveal during Dodge’s Speed Week at M1 Concourse in Pontiac, Michigan, Aug. 17, 2022. Bill Pugliano | Getty Images DETROIT — Samsung SDI and automaker Stellantis plan to invest more than $3.2 billion in a new electric vehicle battery plant in… Continue reading Stellantis, Samsung SDI to build $3.2 billion EV battery plant in Indiana
@Toyota: Toyota Named the Official Automotive Partner of the National Football League
Toyota Signs Multi-Year Sponsorship Deal with the National Football League Leverages NFL platforms to build Toyota brand awareness, consideration, and loyalty Toyota to support grassroots NFL programs aimed toward elevating communities PLANO, Texas (Oct. 11, 2023) – Toyota and The National Football League (NFL) jointly announced today they have entered into a multi-year sponsorship agreement… Continue reading @Toyota: Toyota Named the Official Automotive Partner of the National Football League
EV maker VinFast to acquire its battery maker sibling VinES
VinFast, which was backed by Vietnam’s largest conglomerate Vingroup, said the strategic acquisition of VinES, also a member in the Vingroup ecosystem, would help it secure the supply of batteries as the EV maker sought to save 5% to 7% on battery costs. Electric-vehicle maker VinFast Auto said on Wednesday it would acquire a 99.8%… Continue reading EV maker VinFast to acquire its battery maker sibling VinES