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...The uptick in wealthy citizens has been driven in part by a booming industry for semiconductors, a sector dominated by Taiwan....
...Yet the never-ending quest to drive prices lower is only part of Tesla’s strategy....
...The lull in EV sales is having a damaging impact on the auto industry....
...Albert Bridge Capital holds shares in Porsche SE, which is part owner of Volkswagen....
...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....
...“Auto businesses share a sense of crisis,” said chief executive Shuji Ogawa, that EVs have put engine parts makers in a plight....
...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....
...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....
...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....
...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....
...Chang’s and business technology provider Computer Services Inc....
...His vision appears, in part, to have been vindicated....
...In the remotest parts of Japan, there is usually a vending machine, and a friendly shop....
...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....
...Acknowledging that messaging apps had become “an important part of how we communicate in everyday life”, the guidance said “special attention” was required when connecting with people professionally....
...Tu Le, founder of Sino Auto Insights, said the US still led China in several of the technologies underpinning key areas of autonomous driving including machine learning and sensors....
...Ensuring traceability is difficult in most parts of the world, but particularly in China. VW found this out to great cost....
...For those who invested earlier in the Magnificent Seven, it seems prudent to take some profits and reallocate to other parts of the world of equities on much lower valuations....
...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”....
...“I think it won’t be rubber stamping [Elon’s wishes] any more,” said Philippe Houchois, auto analyst at Jefferies....
...This pivot towards immersive tech by auto companies has been accelerated by the arrival of electric vehicles....
...A&M hired the pair in the past five years as part of a push to significantly build up its China restructuring and insolvency business....
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