Hints and tips:
Related Special Reports
...While use of large mechanical arms to carry out functions from lifting entire cars to installing some parts is common across the auto industry, this is one of the first uses of robots with a human appearance...
...Li Auto expects to deliver 76,000 to 78,000 cars in the current quarter, down 24 per cent from a previous guidance, according to an exchange filing on Thursday....
...The number of cars that each production line needs to sell to be profitable might be around 300,000-400,000 per year....
...Further reading: — What’s going on with US car insurance? — Unhedged episode on auto insurance — Allstate is a BBB credit now — The insurance storm continues — Car insurance! Again!...
...Last year, China produced 17.7mn cars with internal combustion engines for the local market, a 37 per cent fall from 28.3mn in 2017....
...Shares in Chinese state-owned carmaker Changan Automobile climbed on Monday, after the company announced an investment into a spin-off of tech group Huawei’s smart car business....
...Outside Jeremy Offer’s home in the Chiltern hills stand two cars. One is a rare classic, a low-slung 1962 Volvo P1800 sports tourer of the kind Roger Moore drove in The Saint....
...Unlike legacy carmakers, Tesla is particularly exposed to the slowdown in battery-powered cars given it exclusively makes EVs....
...“China imposes restrictions on American autos and other foreign autos operating in China,” Biden added....
...Suppliers such as Mobileye followed suit in overproducing even as demand for new cars started to soften in the face of high sticker prices on forecourts....
...“Xiaomi Auto is striving for the ascendancy of China’s auto industry,” Lei said....
...high barriers to entry in the auto manufacturing market?...
...Exports rose 334 per cent to 243,000 cars. The group reported margins for its auto business of 23.02 per cent last year, 2.63 percentage points higher compared with the previous year....
...As one senior executive at a global auto company told me, if the Chinese sell an EV that is just as good as a western car, but cheaper, that is one thing....
...Among those concerned about a swift rollout of electric vehicles is the United Auto Workers union, which has endorsed Biden for 2024....
...The established auto industry has been warning for months that mainstream buyers remain sceptical of electric cars because of their higher prices and need to recharge....
...Lotus is a little-known but much-loved English sports car brand, its heritage soaked with motor racing and its cars eccentric and driver-focused....
...Shares in Xpeng, Nio and Li Auto were down 4.8 per cent, 1.9 per cent and 2.8 per cent, respectively....
...British auto lenders could face up to £13bn in compensation payouts after the UK financial watchdog set out the length of a probe into historic commission agreements that allegedly led to consumers overpaying...
...Apple recently abandoned plans to build its own car....
...“The Chinese carmakers have become predatory in their own domestic market,” said Matthias Schmidt, an independent auto analyst....
...Aston Martin has named Bentley CEO Adrian Hallmark as its next chief executive, the third change of leadership at the UK luxury-car maker in the space of four years....
...The Biden administration is giving carmakers an extra three years to meet aggressive emissions targets, bowing to pressure from manufacturers, auto workers and the oil industry in a move that could slow...
...engine cars....
...Auto loans have been a bright spot for them amid a sluggish recovery in broader loan growth. But cracks are appearing. Loan delinquency is rising and used-car prices are falling....
International Edition