Friday, November 22

Tag: Passenger Cars

China’s EV Champion BYD Will Take on the World in 2024
2Jan By adminNo Comments
Money

China’s EV Champion BYD Will Take on the World in 2024

China’s electric-vehicle maker BYD will be on top of the world this year, with overseas markets its main battleground.At home, it already surpassed Volkswagen as the most popular car brand in China last year. Globally, it will likely overtake Tesla as the bestselling pure EV maker in 2024.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Volkswagen’s Elusive Quest to Make an EV for the Masses
31Dec By adminNo Comments
World

Volkswagen’s Elusive Quest to Make an EV for the Masses

Updated Dec. 31, 2023 12:19 am ETBERLIN—Almost a decade ago, Volkswagen set out on an expensive quest to dominate the new world of software-defined cars and build the electric “people’s car.” It is still trying. The German automaker has invested billions of euros, retooled entire plants and created new software and battery companies to assist in making the transition. However, VW has yet to produce an EV that has matched the success of its historic gas-powered models such as the Beetle and the Golf in its core markets. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Carmakers Are Drowning in Cash
29Dec By adminNo Comments
Money

Carmakers Are Drowning in Cash

Most carmakers are ending the year with lots of cash and lots of worries. Share buybacks are an antidepressant, not a cure, but they are better than nothing.It has been a highly profitable year for the traditional car industry. Production recovered following the microchip-related supply constraints of 2021 and 2022. Having previously been starved of inventory, consumers and fleet owners bought new vehicles despite higher interest rates. Globally, sales are on track to rise 10% this year, according to forecasting firm GlobalData.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Apple Is Being Overtaken by Chinese Smartphone Rivals—in Cars
28Dec By adminNo Comments
Technology

Apple Is Being Overtaken by Chinese Smartphone Rivals—in Cars

After a decade, Apple still hasn’t introduced an Apple car. Some of its biggest smartphone rivals in China are moving faster.Huawei and Xiaomi, whose phones battle the iPhone for supremacy in China, both released new cars this week with advanced digital features. The companies’ goal is to keep their phone customers engaged in high-tech vehicles and seize turf before Apple’s possible entry into the fray.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Mary Barra Spent a Decade Transforming GM. It Hasn’t Been Enough.
16Dec By adminNo Comments
World

Mary Barra Spent a Decade Transforming GM. It Hasn’t Been Enough.

Updated Dec. 16, 2023 12:04 am ETListen to article(2 minutes)At a 2018 meeting with a senior General Motors team, Chief Executive Mary Barra stunned the room with a sharp U-turn. She killed plans for a new high-end Cadillac that already had gushing reviews from the automotive press. Her reason: the car’s gas-guzzling V-8 engine. Barra, deep into her quest to turn GM into an electric-car powerhouse, decided it would send the wrong message to showcase another splashy Cadillac—the GM brand known for innovation—that leans on fossil-fuel technology. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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‘Car Masters: Rust to Riches’ Review: Hot Rods in the Rough
12Dec By adminNo Comments
World

‘Car Masters: Rust to Riches’ Review: Hot Rods in the Rough

Any adult exposed or subjected to the repartee of the very young may have noticed the evolution of “satisfying.” It no longer means “meeting expectations,” or quieting some primal urge. It refers to a sensory response—glee, comfort—in response to certain very tactile acts. The night before Thanksgiving, for instance, a TV news announcer’s child described the blowing up of the Macy’s parade balloons as “satisfying.” There are hundreds of videos on YouTube devoted to the “oddly satisfying,” short bits that involve slime, goo, paint, cake frosting and ball bearings. My personal thing would be the breaking of the sugary burnt surface on a bowl of crème brûlée, though one needn’t actually do anything, or eat anything, to be satisfied.All of which might explain the romance viewers have had with...
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Nissan to Buy Back $824 Mln Stake From Renault
12Dec By adminNo Comments
World

Nissan to Buy Back $824 Mln Stake From Renault

Renault plans to sell a 5% stake in Nissan Motor back to the Japanese carmaker for up to 765 million euros ($823.6 million).The French company said Tuesday that the sale of the Nissan shares could result in a capital loss of up to EUR1.5 billion which would hit net profit in its own accounts. This is the maximum amount and could be adjusted at year-end, Renault said.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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North Carolina’s Billion-Dollar Bet on an EV Outsider
11Dec By adminNo Comments
World

North Carolina’s Billion-Dollar Bet on an EV Outsider

Updated Dec. 11, 2023 12:13 am ETHAIPHONG, Vietnam—When electric-car startup VinFast Auto was looking to build a factory in the U.S., one state caught its attention in particular: North Carolina. For years, officials there had been trying to get an automobile manufacturer to set up shop in rural Chatham County. More than a billion dollars of incentives got them the Vietnamese upstart with huge ambitions but a limited record.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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