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...“We’re not Ford, GM and Chrysler building these $30, $40 or $50,000 cars,” he said. “Our cars are $100,000-plus. So why would we not deserve this? Because we live in Alabama?...
...at Ford, GM and Chrysler-owner Stellantis in October....
...Volkswagen lost the crown as the world’s largest carmaker by sales to Toyota in 2016 in the wake of its diesel emissions scandal....
...Where Toyota goes, others follow....
...Tesla and Toyota are customers of BYD’s battery division. That has helped it undercut its western rivals....
...“Absolutely”, he told reporters who asked if he supported unionisation at Toyota and Tesla....
...Bill Russo, the former head of Chrysler in China and founder of Automobility, said the “precipitous decline” of internal combustion engine car sales meant as much as half of the industry’s installed capacity...
...The top-selling car in the world last year was the electric Tesla Model Y smaller SUV, which overtook Toyota’s RAV4, another compact SUV....
...The prospective deal will raise perennial questions about the competitiveness of the Detroit Three’s plants compared with non-unionised factories run by Honda, Toyota and Tesla in the US....
...The model is key to expanding the company’s presence in a segment dominated by the Ford Ranger and the Toyota Hilux....
...As one of the world’s top battery makers it supplies rivals including Tesla and Toyota. This has resulted in manufacturing innovations....
...Stellantis, the parent of Chrysler, picked Indiana for a new battery plant in a joint venture with Samsung SDI. And General Motors plans to make electric pick-ups at a Michigan plant after retooling....
...Stellantis, the owner of Chrysler and Jeep, said today the six-week strike by US car workers had cost it €3bn in lost revenues, a day after General Motors reached an agreement to end the first co-ordinated...
...It really requires a rethink of your whole business model,” said Bill Russo, founder of Shanghai-based consultancy Automobility and the former head of Chrysler in China....
...The wider car industry, which includes JLR, Nissan, BMW and Toyota, is reliant on exports to Europe, even after Brexit....
...The likes of VW, Ford and Toyota have been caught out in China by two fundamental transitions. First, the pace at which consumers will abandon the internal combustion engine....
...It has announced a sweeping effort to organise workers at the US plants of more than a dozen non-unionised carmakers, including Tesla, Toyota and Volkswagen....
...Unlike Nissan, Toyota has been a consistent leader among global carmakers....
...Toyota last month announced a solid-state breakthrough it said would halve the size, cost and weight of its EV batteries....
...That is one of the things they have to be leery of,” said Bill Russo, founder of Shanghai-based consultancy Automobility and the former head of Chrysler in China. CATL and CSRC did not comment....
...Rather than selling any part of their combined van business, PSA has also pledged to expand a French van factory where it also produces Toyota vans under contract to boost the Japanese carmaker’s presence...
...The group, which was formed by the merger of France’s PSA and Fiat Chrysler earlier this year, did not disclose the size of its investment but it is part of its €30bn spending programme over the next four...
...The need to consolidate spending was the rationale for the €50bn merger of France’s PSA and Fiat Chrysler to create Stellantis, as well as the driving force behind Ford’s global alliance with VW....
...Toyota, whose US workforce is also not unionised, has criticised the bill, arguing that the legislation “says having more electric vehicles on the road is secondary to promoting unionisation”....
...Even Toyota, which has typically avoided the problems because of its ties with suppliers and its large inventories, has started to feel the pinch....
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