If American journalists are now accustomed to the Donald Trump rant, analysts will now have to learn how to handle the mood swings of Elon Musk, the boss of Tesla. During’ a conference call scheduled after the publication of the results of the automaker Elon Musk got upset with analysts’ questions, dismissing some and even… Continue reading Elon Musk annoys analysts and has Tesla plunged into the stock market
Tag: Possible_Terrorism_Warfare
Carmakers’ April sales rise 7.5 pct on demand recovery
By Choi Kyong-ae SEOUL, May 2 (Yonhap) — The combined sales of South Korea’s five carmakers rose 7.5 percent last month from a year earlier due to recovering demand and popularity of new models, corporate data showed Wednesday. The five automakers — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp.… Continue reading Carmakers’ April sales rise 7.5 pct on demand recovery
Off for Mercedes home batteries: Daimler fails to save on Tesla and Co.
All articles and backgrounds 05/02/2018 Off for Mercedes home batteries Daimler fails to save on Tesla and Co. [M] Daimler Daimler CEO Dieter Zetsche, Mercedes energy storage Daimler gives up the production of home batteries: Just two years after the carmaker attacked Tesla, Sun, Varta and other manufacturers in this segment announced, the group is… Continue reading Off for Mercedes home batteries: Daimler fails to save on Tesla and Co.
Volkswagen in JV talks with China’s Didi to manage fleet, co-develop cars
April 30, 2018 Volkswagen AG, the world’s biggest automaker, is in talks to form a joint venture with China’s Didi Chuxing to manage part of the ride-hailing company’s fleet of cars and help develop “purpose-built” vehicles for Didi‘s services. As part of the deal between Volkswagen and China’s biggest ride-hailing service, expected to be signed… Continue reading Volkswagen in JV talks with China’s Didi to manage fleet, co-develop cars
Top Automotive Industry News for Week of April 23 – April 29, 2018
Here is the most important news associated with the automotive industry identified by the AEA for the week April 23, 2018 – April 29, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- 6 Reasons Ford CEO Jim Hackett Decided To Deep-Six Its Sedans… Continue reading Top Automotive Industry News for Week of April 23 – April 29, 2018
After Tesla Debacle, Denmark Reconsiders Electric Car Subsidies
Denmark may be open to financial incentives to buy electric cars after seeing a dramatic drop in sales of non-polluting vehicles, according to Prime Minister Lars Lokke Rasmussen. “We have tax incentives for electric cars, and you could discuss if they should be bigger. I will not exclude that,” Rasmussen said in an interview in… Continue reading After Tesla Debacle, Denmark Reconsiders Electric Car Subsidies
Ford Is About to Abandon American Sedans
The Model T, the ’32 deuce coupe, the Thunderbird, the Mustang: For much of its 115-year history, Ford Motor Co. has been synonymous with cars. But now Ford, one of the great engines of 20th Century American industry, is about to do the unthinkable: abandon the American car business almost entirely. Henry Ford and the… Continue reading Ford Is About to Abandon American Sedans
(LEAD) Hyundai Motor Group unveils two new models in Beijing
(ATTN: CHANGES headline and lead; ADDS photos and details) SEOUL, April 25 (Yonhap) — Hyundai Motor Group, South Korea’s biggest carmaker by sales, has unveiled two new vehicles at this year’s Beijing Motor Show to prop up its lackluster sales in the world’s biggest automobile market, the company said Wednesday. Hyundai Motor Co. has introduced… Continue reading (LEAD) Hyundai Motor Group unveils two new models in Beijing
Didi Chuxing Cited For Operating Without Licenses Amid Tougher Competition
China’s largest ride-hailing firm Didi Chuxing was summoned by the Road Transport Management Bureau of Zhejiang Province and 11 city level transportation bureaus for operating without licenses in some cities, and was warned of unfair competition, according to a notice on China’s Ministry of Transport’s website. Didi hasn’t obtained ride-hailing licenses in five cities in… Continue reading Didi Chuxing Cited For Operating Without Licenses Amid Tougher Competition
Marchionne’s Exit Puts Fiat Chrysler in Play for Merger Deal
Sergio Marchionne spent the last 14 years transforming Fiat Chrysler Automobiles NV through a series of spinoffs and mergers from a near-bankrupt Italian conglomerate into the best-performing U.S. automaker. His pending exit may open the door for the next big deal. Marchionne, 65, is set to start his final year as chief executive officer after… Continue reading Marchionne’s Exit Puts Fiat Chrysler in Play for Merger Deal