Hints and tips:
...Among premium services popular with middle-class Chinese consumers are free designated drivers and shared office spaces, as well as free repairs....
...All efforts must be directed at trying to repair Wood’s damaged reputation, after years of overpromising and underdelivering....
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
...Citi was also a leader on a $310mn loan to Sunbit, a buy-now, pay-later company that specialises in auto repair shops and dentist offices....
...EVs were facing higher incidents of accidents and damage that were more costly to repair than expected....
...China, the world’s largest car market, has been subsidising electric vehicles and those perks are now being phased out. (They are also under attack from Europe)....
...If the whole underside had to be replaced, it would lead to a significant rise in the number of vehicles deemed too costly to repair....
...The underlying trends here are much weirder than a simple price war, as they include a new law in Florida, pricier car repairs, and possibly a TikTok trend....
...We think of companies like Toyota, of course, in the auto sector, you think of SoftBank in tech and Sony obviously in entertainment....
...I would say it’s being in the auto industry.” The company now was emphasising “design for manufacturability”, he said....
...But now is the time to begin expanding the training options available for the new breed of auto engineers, technicians and specialists....
...Paint comprises almost a quarter of the cost to repair a car, said David Creswell, chair of trade group Auto Body Professionals Club....
...Now a potentially dangerous problem has prompted the government to order software repairs to almost 300,000 of those vehicles....
...A version of this article was first published by Nikkei Asia on August 25. ©2021 Nikkei Inc. All rights reserved. Related stories Beyond repair?...
...Motoring on: petrol and road repairs are M&A’s new hotspot In need of a break and wary of flying, DD has been hitting the road this summer....
...All rights reserved Related stories Nissan denies split from Renault as stock hits 8-year low Beyond repair?...
...In that regard, we are most positive about infrastructure followed by repair, maintenance and improvements (RMI)....
...At the time Bird told investors that repairs cost the company 14% of gross revenue, or about 51 cents per ride....
...Hurricane’s Harvey, Irma and Jose that have torn through vast swaths of the US, could create some short term need for repairs to cars that could boost auto retailers fortunes....
...Jobs requiring professional repair, the theory goes, are less easily displaced by online retailing, unlike repairs that consumers can do once they have bought the parts....
...There is also the auto repair and service market. Combustion engines have spark plugs and oil that need changing. Electric motors do not require anything like the same amount of maintenance....
...A version of this article was first published by the Nikkei Asian Review on April 17, 2018. ©2018 Nikkei Inc. All rights reserved....
...O’Reilly Automotive, AutoZone and Advance Auto Parts, which sell car parts to professional and “do-it-yourself” customers for repairs and upgrades to existing cars, saw their stock prices fall 4.1 per cent...
...The Palo Alto-based company, which recently overtook General Motors as the most valuable auto company in the US, saw its shares perk up nearly 2 per cent to $302.68 after Mr Musk tweeted: “Tesla semi truck...
...Two-thirds of the borrowers in the pool had scores below 550 on the commonly-used FICO scale, which normally means “very bad” credit in need of urgent repair....
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