Global automakers scramble to reset China strategies as sales slow

Show more companies SHANGHAI, July 28 (Reuters) – For foreign automakers in China, it is time to double down on a turnaround or cut losses after ceding their leadership of the world’s biggest auto market to local, upstart brands. Announcements from some of the world’s largest automakers in recent days show they are taking a… Continue reading Global automakers scramble to reset China strategies as sales slow

8 Disruptors In The Electric Vehicle Boom

FN Media Group Presents Oilprice.com Market Commentary LONDON, July 26, 2023  /PRNewswire/ — Many EV companies are bleeding cash. Many others are involuntarily ceding market share to traditional auto giants like Ford, Chevy and GM. Companies mentioned in this release include: General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F), NIO Inc. (NYSE: NIO), Joby… Continue reading 8 Disruptors In The Electric Vehicle Boom

Urban Air Mobility Market to grow at a CAGR of 27.5% from 2022 to 2027 | Growth driven by the growing use of eVTOL aircraft in military applications – Technavio

NEW YORK, July 28, 2023 /PRNewswire/ — The urban air mobility market size is expected to grow by USD 5,280.25 million from 2022 to 2027. The market will be progressing at a CAGR of 27.5% as per the latest Technavio market research report. North America is estimated to account for 48% of the growth of the global market during the forecast period. The growth in… Continue reading Urban Air Mobility Market to grow at a CAGR of 27.5% from 2022 to 2027 | Growth driven by the growing use of eVTOL aircraft in military applications – Technavio

German Handelsblatt: Quarterly figures: Audi sells more cars and earns less007369

Audi Q5 The Q5 is one of three models that Audi also offers with electric drive in China. (Photo: Reuters) Although Audi sold significantly more cars in the first half of the year, profits fell. Although sales rose by 14.4 percent to 34.2 billion euros, the bottom line was a profit of 3.3 billion euros,… Continue reading German Handelsblatt: Quarterly figures: Audi sells more cars and earns less007369

German Handelsblatt: Quarterly figures: Audi sells more cars and earns less007369

Audi Q5 The Q5 is one of three models that Audi also offers with electric drive in China. (Photo: Reuters) Although Audi sold significantly more cars in the first half of the year, profits fell. Although sales rose by 14.4 percent to 34.2 billion euros, the bottom line was a profit of 3.3 billion euros,… Continue reading German Handelsblatt: Quarterly figures: Audi sells more cars and earns less007369

8 Disruptors In The Electric Vehicle Boom

FN Media Group Presents Oilprice.com Market Commentary LONDON, July 26, 2023  /PRNewswire/ — Many EV companies are bleeding cash. Many others are involuntarily ceding market share to traditional auto giants like Ford, Chevy and GM. Companies mentioned in this release include: General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F), NIO Inc. (NYSE: NIO), Joby… Continue reading 8 Disruptors In The Electric Vehicle Boom

Apple cracking down on ‘fingerprinting’ with new App Store API rules

Starting with iOS 17, developers will need to explain why they’re using certain APIs. Apple will soon start cracking down on Apps that collect data on users’ devices in order to track them (aka “fingerprinting“), according to an article on its developer site spotted by 9to5Mac. Starting with the release of iOS 17, tvOS 17,… Continue reading Apple cracking down on ‘fingerprinting’ with new App Store API rules

German Handelsblatt: Quarterly figures: Audi sells more cars and earns less007367

Audi Q5 The Q5 is one of three models that Audi also offers with electric drive in China. (Photo: Reuters) Although Audi sold significantly more cars in the first half of the year, profits fell. Although sales rose by 14.4 percent to 34.2 billion euros, the bottom line was a profit of 3.3 billion euros,… Continue reading German Handelsblatt: Quarterly figures: Audi sells more cars and earns less007367

German Handelsblatt: Quarterly figures: Audi sells more cars and earns less007367

Audi Q5 The Q5 is one of three models that Audi also offers with electric drive in China. (Photo: Reuters) Although Audi sold significantly more cars in the first half of the year, profits fell. Although sales rose by 14.4 percent to 34.2 billion euros, the bottom line was a profit of 3.3 billion euros,… Continue reading German Handelsblatt: Quarterly figures: Audi sells more cars and earns less007367

8 Disruptors In The Electric Vehicle Boom

FN Media Group Presents Oilprice.com Market Commentary LONDON, July 26, 2023  /PRNewswire/ — Many EV companies are bleeding cash. Many others are involuntarily ceding market share to traditional auto giants like Ford, Chevy and GM. Companies mentioned in this release include: General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F), NIO Inc. (NYSE: NIO), Joby… Continue reading 8 Disruptors In The Electric Vehicle Boom