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UK mis-selling
UK auto lenders could face £13bn bill after FCA probe into commissions
...Simon Evans, head of the Consumer Redress Association, a trade body for claims management companies, said the FCA’s announcement was “good news” for consumers....
January 24, 2024
The FT ViewThe editorial board
The electric vehicle revolution is running out of steam
...The lull in EV sales is having a damaging impact on the auto industry....
April 10, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
#techAsia
AI and autos at CES, and Panasonic’s US plans Premium content
...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....
January 11, 2024
UK financial regulation
FCA launches probe into historic commission agreements by motor finance groups
...The PPI scandal dates back to the 1990s when banks mis-sold a type of insurance product to millions of customers....
January 11, 2024
BYD Co Ltd
BYD loses EV throne to Tesla as sales slip
...Cui Dongshu, secretary-general of the industry body, projected a 22 per cent surge in Chinese sales of NEVs in 2024....
April 2, 2024
News in-depthBaidu Inc
Baidu’s bet on AI could make or break China’s fallen tech group
...With Li shifting his attention to large language models, lay-offs have begun to trim staff numbers and several auto executives exited....
January 5, 2024
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
ReviewTelevision
Still Up, Apple TV+ — insomniac sitcom unlikely to keep viewers awake
...Meandering debate about, say, the most redundant body parts dovetails with updates on the embarrassing or mildly vexing situations in which they find themselves....
September 22, 2023
News in-depthBYD Co Ltd
Wang Chuanfu, the driving force behind BYD’s rise
...“Four to five years ago no one would have thought that Chinese EVs would have the quality or reliability to compete,” said Tu Le, founder of Sino Auto Insights, a Beijing consultancy....
January 4, 2024
Tesla Inc
Tesla slashes model prices in China as EV price war accelerates
...However, the industry body retracted the commitment two days later, citing a violation of anti-monopoly laws....
August 16, 2023
Electric vehicles
Toyota takes on Tesla’s gigacasting in battle for carmaking’s future
...Traditionally, the main body of a car has been made by welding or stamping together a large number of separate parts....
November 6, 2023
Inside BusinessChristian Davies
South Korean display industry still paying a heavy price for Chinese deal
...body armour fibre from US chemicals giant DuPont....
December 6, 2023
FT CollectionsTech Exchange
Bill Ready: why social media turned toxic and how we can fix it
...You had most of the auto industry advocating that safety belts were against the business model, right?...
February 1, 2024
Working It
How workplaces become inhumane
...The unexpected revival of America’s trade unions: Or, how the United Auto Workers took on employers who planned to shut a car plant, and won....
December 13, 2023
Citrix Systems Inc
Wall Street suffers $1.5bn loss on Citrix buyout loans
...Banks have been unable to sell debt from several marquee leveraged buyouts, including Elon Musk’s $44bn takeover of Twitter and Apollo’s $7.1bn purchase of auto parts maker Tenneco....
April 4, 2023
News in-depthUK manufacturing
UK struggles with transition to manufacturing electric cars
...JLR is the largest employer in the UK auto sector, and Tata is examining a partnership with Chinese battery maker Envision that would involve the Asian group building and running a factory in Somerset....
March 2, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Moral Money
BlackRock on the defensive Premium content
...ABS, which mostly comprise auto and consumer loans, typically lack climate information for underlying assets and complicate classification for the EU’s sustainable finance disclosure regulation, the ECB...
March 17, 2023
HTSIThe autumn men’s style special 2022
Saul Nash is making all the right moves
...In the studio, currently at Somerset House, Nash’s operation is small; he still designs and cuts all his own patterns....
September 14, 2022
News in-depthNikkei Asia
Behind the women billionaires: China receding on gender equality
...Cindy Mi, co-founder of edtech unicorn VIPKid, was another to make the headlines....
December 28, 2022
Books
The books to read in 2023
...The House of Doors by Tan Twan Eng (Canongate)Eleven years after The Garden of Evening Mists, Tan Twan Eng is back with a fictionalised account of William Somerset Maugham’s visit to Penang in 1921....
January 9, 2023
ExplainerRobotics14 min
Will Tesla's Optimus robot become a reality? | FT Tech
...[MUSIC PLAYING] Look at the body language and watch Elon's face as he tries to justify what this robot is for. ELON MUSK: The Tesla bot will be real....
September 22, 2022
The Big Read
Electric vehicle start-ups face their toughest challenge: making cars
...invasion of Ukraine knocked all global auto stocks....
April 3, 2022
#techAsia
Chip tool woes and a new kind of space race Premium content
...Recommended reads A round-up of the week’s top tech stories from Nikkei Asia and the Financial Times Taiwan eyes closer US tech ties, island’s top trade body says (Nikkei Asia) Huawei faces dilemma over...
April 7, 2022
News in-depthGermany
Elon Musk jets in as Tesla opens German ‘gigafactory’ to the public
...Yet although elements of the body shop, stamping and casting processes were in place, the halls that will house the final vehicle production lines contained almost no equipment, save for a few machines to...
October 15, 2021
News in-depthSupply chains
Gloomy picture for paint highlights depth of supply chain crisis
...Paint comprises almost a quarter of the cost to repair a car, said David Creswell, chair of trade group Auto Body Professionals Club....
November 8, 2021
Pensions
Gig workers should get pension rights now, says regulator
...their workforce to ensure they comply with their auto-enrolment pension obligations....
May 19, 2021

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