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...“If you value Tesla just as an auto company you fundamentally have the wrong framework. If you ask the wrong question, the right answer is impossible,” he said....
...“It will be a European-market Seagull, a new Seagull,” BYD senior executive Stella Li told reporters, including the UK’s Auto Express, in Shenzhen....
...In theory, joining forces could mean integrated supply chains and optimised operations....
...The job cuts come as the slowdown in sales of EVs makes waves across the global car industry, with companies across the supply chain from South Korea to Germany slashing jobs and costs....
...Analysts said the ongoing price war in China’s auto market could lead to a vicious cycle. “In the case of China, when the price is lower, people think, ‘wait a minute....
...BYD has slashed the cost of almost every model in its line-up since the start of the year under the slogan “electricity is cheaper than oil”, amid an escalating price war in the world’s largest EV market...
...“Xiaomi doesn’t have much experience in the auto field,” said Lam. “But it is a supply chain master . . . and joined the race at a time when things have grown relatively established.”...
...Right now, auto insurers are perhaps pushing up premiums to make up for higher post-pandemic costs. Both should settle, but it will require patience. Bottom line: the CPI is noisy right now....
...It was rated ‘BBB’, in line with the government of Indonesia....
...It added that shipping lines were levying surcharges on cargo deliveries to reflect the extra costs being incurred and warned that “a prolonged issue in the region could also impact supply in the coming...
...These are hard calls and we’re in no position to forecast the EV supply-demand balance....
...Cook’s visit comes amid tumbling sales in China, which contributed $21bn to Apple’s top line in the fourth quarter, or 17 per cent of sales....
...Instead, Hohenshell sees a different motive: Toyota wants to halt the march of the United Auto Workers. “It’s a bribe,” he said....
...Used auto prices may now be slightly dropping but cars remain expensive and supply-constrained. The two companies now happen to rely upon each other as counterparties....
...The New York Fed’s global supply chain disruption index has been bang in line with the long-run average since November 2023, shrugging off a clogged Panama Canal and war-stricken Red Sea....
...A version of this article was first published by Nikkei Asia on April 19 2024. ©2024 Nikkei Inc. All rights reserved....
...’ assembly lines....
...Around a quarter of Michigan-based Borg Warner’s global plants are “zebra” factories, which make electric car parts on the same line as those destined for engine vehicles....
...The company is also working with Singapore-based FEST Auto to sell EVs to the European logistics market....
...Ericsson’s Finnish rival Nokia has taken a similar approach, launching its ReefShark line of system-on-chip (SoC) products in 2018....
...“They think as a tech company, not a traditional auto company,” he said. Additional reporting by Wenjie Ding in Beijing and Edward White in Shanghai...
...GLP-1s accounted for more than half of auto-injector pens produced by one unnamed contract manufacturer cited by Evercore analysts....
...At the same time, the Japanese auto industry is being challenged by other Asian nations....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...Those who do not (or cannot) pay extra have to wait in line for everything from amusement park rides to ski lifts and aircraft boarding....
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