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...“Those global corporates already proved that even the biggest automotive [manufacturers] today have to purchase China’s solutions in order to save time as well as get a lot more competitive products,” Li...
...Musk had demanded a bigger stake in Tesla in a post on social media platform X earlier this month, in exchange for developing AI products at the electric car manufacturer....
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...According to Mastercard SpendingPulse, which measures activity in stores and online across all forms of payment, US retail sales on Friday excluding automotive categories were up 2.5 per cent year on year...
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...The impact on Japan’s car manufacturing will be monumental,” said Takaki Nakanishi, a veteran automotive analyst who runs his own research group....
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...“Developing a product and commercialising it are two different matters,” says one executive....
...A version of this article was first published on October 25 by Nikkei Asia. ©2023 Nikkei Inc. All rights reserved....
...MSCI has awarded Tesla an “A” ESG rating since 2020 — an “average” score for the automotive sector....
...While many steel products are now made using the newer technology of scrap-fed electric arc furnaces, blast furnaces like the ones at the two plants in Indiana remain critical for automotive products — which...
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...Tesla has to keep refreshing and expanding its product line just to stand still; and economic realities get in the way of all product roadmaps for all manufacturers, even Tesla....
...The semiconductor shortage that bedevilled the automotive industry in 2021 and 2022 hit Rivian, too. It deployed employees to suppliers to help them meet the carmaker’s needs....
...Mark Read, chief executive of WPP, also declined to comment on a potential partnership, but described Reddit as a “unique property” that was attractive to his agency’s clients in gaming, tech and the automotive...
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...The challenges are encapsulated in two companies with ties to the former Delphi Automotive, which was once one of the largest suppliers in the US....
...However, there is a risk in expecting too much from the automotive sector, analysts warn, as the global economy battles inflation while cost of living crises in major countries eat into consumer buying power...
...Crucially, the deal won’t deter Sony from selling its camera sensors to Tesla even if the product the two Japanese groups develop competes with Musk’s vehicles....
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