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...But job losses are possible during the transition to EVs, which require fewer parts than cars and trucks with internal combustion engines....
...A version of this article was first published by Nikkei Asia on May 1. ©2024 Nikkei Inc. All rights reserved....
...The alliance also includes smaller partner Mitsubishi Motors....
...Sales at Precision Castparts, an aeroplane parts manufacturer that supplies Boeing, jumped 10 per cent to $2.5bn....
...Yet the never-ending quest to drive prices lower is only part of Tesla’s strategy....
...The world’s biggest tech show is also a major auto expo, with South Korea’s Kia and Hyundai, Honda of Japan and Mercedes-Benz of Germany all taking part along with numerous suppliers....
...Albert Bridge Capital holds shares in Porsche SE, which is part owner of Volkswagen....
...Tu Le, founder of the Sino Auto Insights consultancy, said local rivals including Xpeng, Nio and Li Auto had their own self-driving systems and would drop their prices “the second” they thought consumers...
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
...Set your WhatsApp messages to auto-delete: foreign spies might be reading them....
...A version of this article was first published by Nikkei Asia on April 19 2024. ©2024 Nikkei Inc. All rights reserved....
...The world’s second-biggest economy is Tesla’s biggest market outside the US and a vital part of the supply chain for its electric vehicles....
...The lull in EV sales is having a damaging impact on the auto industry....
...The vote is a setback for Elon Musk, five years after he stunned the German auto industry by announcing he would build his first gigafactory in Europe next to Berlin, throwing the gauntlet to an industry...
...I presume, or at least hope, that McKinsey will respond to Green and Hand, and I won’t call a winner in the statistical part of the argument....
...Auto-delete settings on messages contribute to their ephemeral, conversational tone. However, the judge described this as the suppression of evidence....
...For their part, Chinese auto executives are pushing back at what they regard as western protectionism....
...The US and Japan are planning the biggest upgrade to their security alliance since 1960 in a move to counter China....
...His Tesla business is part of an invading band of EV makers aiming to supplant Europe’s auto giants — which dragged their feet on the new technology — precisely by rejecting old practices....
...The group has been slowly chipping away at BlackRock’s lead in US exchange traded funds, currently one of the hottest parts of the asset management industry....
...But a steadier auto market has proved a tricky road to handle for the pair. Hertz can be considered, at least in part, a highly leveraged bet on used-car prices....
...“Auto businesses share a sense of crisis,” said chief executive Shuji Ogawa, that EVs have put engine parts makers in a plight....
...Chang’s and business technology provider Computer Services Inc....
...An escalating strike against Tesla by a group of Swedish unions has been branded “insane” by Elon Musk as the industrial action threatens to disrupt the US carmaker’s operations in other parts of Europe....
...The Microsoft-OpenAI alliance is being reviewed by competition watchdogs in the US, EU and UK....
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