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...That captures how many attendees at this year’s World Economic Forum meeting in Davos feel right now after a particularly frenetic summit....
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...But such tumult is costly in industries known for high capital intensity and production complexity....
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...ahead of this week’s World Economic Forum....
...Zhang Xiang, a car analyst with the World Digital Economy Forum, said that Shenzhen’s plans set an example for other local governments....
...Last year, the three biggest US carmakers — Ford, General Motors and Stellantis, which owns Chrysler — suffered strikes during wage negotiations with the United Auto Workers union....
...On the regulatory side, the forum said it was considering what it called a “sandbox” idea, where the industry and its regulator, the Bank of England’s Prudential Regulation Authority, could “discuss and...
...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....
...Elon Musk’s decision to lower the price of Tesla vehicles in China in late 2022 sparked savage price cuts across the auto industry, leading to squeezed margins for both legacy multinational auto groups in...
...She covers the auto industry. Hi, Claire. Claire Bushey Hi. Sonja Hutson So, Claire, tell me about this existential crisis that auto workers are worried about. What’s at stake for the UAW?...
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...That is not how we think about it,” Rathi told the Digital Regulation Cooperation Forum, a voluntary forum which aims to support co-operation between its members, according to a draft of the speech....
...An auto industry source told Nikkei’s Shunsuke Tabeta that the government “will probably use the standard-setting process to instruct automakers to use domestically made semiconductors”....
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