Hints and tips:
...It could then sell the model in India and export to south-east Asia, the Gulf, Africa, and southern and eastern Europe....
...An independent panel revealed that Daihatsu Motor, a subsidiary of Toyota Motor, had been cheating on safety and quality tests for over 30 years, delivering a blow to the auto group’s reputation — the most...
...Additional reporting by Dylan Loh A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...Progress on Rivian’s assembly lines, easing of clogged supply chains and the increased production of motors made in-house aided the outlook....
...A version of this article was first published by Nikkei Asia on January 3. ©2023 Nikkei Inc. All rights reserved....
...Motor-vehicle insurance had a “relative importance” comparable to electricity costs in April, which sort of makes sense since both are widely used with required monthly payments....
...Last week Lordstown Motors warned that it may go bankrupt and stop manufacturing its flagship pick-up truck, the Endurance....
...Hacking Inc....
Capital should chase profits — but the question for winemakers to ponder is whether this will now occur in bottle making
...Commended General Motors O: 7; L: 7; I: 7; Total: 21 Carmaker General Motors launched its BrightDrop subsidiary in 2021 to supply electric home delivery vehicles....
...The global shortage of semiconductors for EVs was another concern raised by industry players at the 2022 Auto Guangzhou motor show, which opened on December 30 in the southern Chinese city....
...Governors of Michigan, Georgia and Illinois, as well as West Virginia senator Joe Manchin, one of the IRA’s architects, were at the World Economic Forum in Davos last week extolling the virtues of the act...
...Fourth on the list is the start-up electric truck company Rivian, which is now set to receive more than $400mn from Georgia to build a new plant in the southern state....
...“Bribery was built into the corporate culture,” Damian Williams, US attorney for the southern district of New York, said on Tuesday. “The tone from the top was clear: whatever it takes.”...
...Rivian purchased the plant in Normal in 2017 for $16.5mn from Diamond-Star Motors, a joint venture between Chrysler and Mitsubishi Motors, which closed it in 2015....
...In 2015 he tapped Drake, formerly an executive at Ford Motor and United Technologies, for a role at Steel Partners....
...Much of the proceeds from the Rivian IPO will go towards increasing production capacity at its plant in Normal, Illinois as well as future new facilities....
...On a panel earlier this month, Griffin announced his intention to go “all in” to support a candidate who could defeat the current Democratic governor of his home state of Illinois, fellow billionaire JB...
...It will compete with similar efforts from General Motors, Volkswagen and Ford....
...General Motors was also an early suitor, and held intensive talks in the hope that Rivian would help it take on Tesla....
...Pam Cotton Conn owns a dealership in Carol Stream, Illinois....
...Foxtron, a joint venture of Foxconn and Yulon Motor, has used the MIH platform to design a prototype electric bus for a southern Taiwanese transit operator, which will hit the road next year....
...One thing to start: rail group Canadian Pacific is set to present a new, higher offer to buy Kansas City Southern, worth about $31bn, including debt, in a move that is set to revive the takeover battle for...
...Wages in the southern Chinese city of Dongguan have grown tenfold since the company set up shop there in 1992. “More discouraging than that is the [staff] turnover rate....
...A version of this article was first published by Nikkei Asia on May 12 2021. ©2021 Nikkei Inc. All rights reserved....
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