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You Searched For "auto industry" and got 20 results


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3 mins read

Marc Andreessen says US carmakers need to make a $20,000 EV if they don't want to 'lose the auto industry' to China

Marc Andreessen and Ben Horowitz said Chinese electric vehicles from companies like Xiaomi are beat…

Jaures Yip   


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2 mins read

India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter

Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …

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2 mins read

The Western auto industry is now locked in a 'Darwinian' make-or-break battle with China, the chiefs of 2 major automakers warn

Ford CEO Jim Farley told a board member that the Chinese auto industry is an "existential threat" a…

Kwan Wei Kevin Tan   


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2 mins read

Carmakers expect festive period to bring in robust sales, improve overall buyer sentiment

Auto industry players in India pin hopes on the ongoing festive season, which spans from Onam to Di…

PTI   


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3 mins read

Auto Industry sales to surge on the back of improved monsoon, festive season demands: Report

The domestic passenger vehicle industry volumes declined by low single digit in August 2024 as comp…

ANI   


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Ford's CEO and CFO took a drive in a Chinese EV. What they said next reveals a lot about the state of the US auto industry.

"These guys are ahead of us," Ford CFO John Lawler told the company's CEO Jim Farley after the two …

Kwan Wei Kevin Tan   


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2 mins read

People are delaying buying new cars, creating a deflationary 'spiral' that's bad news for the auto industry

Delayed vehicle purchases could lead to a "deflationary spiral" and recession for the auto industry…

Nora Naughton   


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3 mins read

Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry

The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…

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2 mins read

Auto sales see a positive trend in June, two-wheeler sales register 21% annual growth: SIAM data

The two wheeler sales in India in June registered a growth of 21.3 per cent year-on-year (Y-o-Y), h…

ANI   


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3 mins read

Why Musk supports Trump getting rid of EV tax credits

Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devasta…

Graham Rapier   


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3 mins read

Japanese carmakers are losing ground as China surges ahead in the EV race

Toyota, Honda, and Nissan recently reported underwhelming earnings, pressured by China's competitiv…

Tom Carter   


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4 mins read

Trump's tariffs will make it hard for automakers — including Tesla — to set up shop in Mexico

Donald Trump's idea of imposing 200%-plus tariffs on vehicles imported from Mexico could throw the …

Tom Carter   


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7 mins read

Internal Tesla salary database shows Elon Musk's strategy: Lower salaries, bigger stock grants

An internal database with Tesla salaries shows lower base pay than competitors but significant stoc…

Grace Kay,Madison Hoff   


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3 mins read

Cybertruck reviewer says a sponsor didn't want to be featured in his video with the vehicle

YouTuber Zack Nelson, who owns other Teslas, said he's considering selling his Cybertruck due to it…

Ana Altchek   


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2 mins read

Parts supplier cuts thousands of jobs as Germany's auto woes deepen

Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days aft…

Tom Carter   


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1 min read

Tesla criticizes Biden's plan to ban Chinese tech in cars

Tesla said the proposed ban on Chinese-developed software would create a "massive and ultimately un…

Tom Carter   


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4 mins read

The auto industry overestimated EV demand this year. Now companies are scrambling.

The auto industry is running out of early EV adopters right as an economic tidal wave threatens to …

Nora Naughton,Alexa St. John   


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2 mins read

The Chinese EV loved by Ford's CEO just got a lot faster

Xiaomi has unveiled a luxury version of its SU7 EV that boasts a max speed of 350km per hour.

Tom Carter   


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1 min read

Mercedes-Benz electric car sales plunge by a third as Chinese competition and stuttering demand hit home

The German carmaker said it had seen a 31% drop in sales of battery-powered cars from a year earlie…

Tom Carter   


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The CEO of Ford says he's been driving a Xiaomi EV for the past 6 months and doesn't want to give it up

Ford CEO Jim Farley previously told a board member that China's auto industry is an "existential th…

Kwan Wei Kevin Tan