The meteoric rise of Tesla in the 2010s—as well as the relative simplicity of electric powertrains—has inspired countless entrepreneurs to try their hand at starting trendy, forward-thinking car companies. Many of these have already come and gone, their renderings and outlandish claims collecting dust in a forgotten corner of the […]
Auto Industry
The vibes are off at Tesla
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A week ago, it was safe to say Tesla seemed to be ending the year on a rough note. Between reports of layoffs, losing momentum in China, crackdowns on its Autopilot driver assistance software, CEO Elon Musk’s disastrous ownership of Twitter losing both money and face and long-promised products like […]
Just like new: Demand for pre-owned cars matches first-hand auto sales
India’s youth are driving file gross sales for the car sector, not just in the new motor vehicle phase but also in the pre-owned auto section. The desire for new-age functions, even in pre-owned cars and trucks, is a phenomenon that has come to be much more stark submit-Covid pandemic. […]
Car industry leaders warn UK could lose out to US subsidy scheme | Automotive industry
Fears that a significant US subsidy scheme will destruction the Uk automotive sector really should serve as a “wake-up” for Britain to maximize its own condition aid, in accordance to a top British isles auto manager. British car or truck field leaders believe that the British isles could reduce out […]
Cheers to a more normal 2023 in the auto industry
I in no way liked the term “new standard.” What is actually “normal” is always shifting, ever-new, like a new product calendar year. But occasionally we see a lot more tectonic shifts: The $5 working day. The Flint sit-down strike. The hen tax. Nader. Transplants. Tesla. COVID-19. We’re not performed […]
Automotive chip shortages to continue throughout 2023, industry says
Enlarge / Some analysts have estimated that the chip scarcity has caused new car or truck price ranges to increase by 16 per cent in two a long time. golibtolibov/getty photos We can assume ongoing disruption to the world wide semiconductor market and, hence, ongoing offer chain shortages in the […]