BYD Sparks China Car Price Cuts to Take on EV Laggards Toyota, VW:
bloomberg.com/news/articles/2024-03-25/byd-takes-on-ev-laggards-toyota-vw-with-steep-china-price-cuts
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| Last Updated | Mar 25 |
| Total Articles | 5 |
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BYD takes on EV laggards Toyota, VW with steep China price cuts: Not content with unseating Tesla Inc. as the world’s top-selling electric car maker, BYD Co ...
dailymaverick.co.za/article/2024-03-25-byd-takes-on-ev-laggards-toyota-vw-with-steep-china-price-cuts/
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BYD takes on EV laggards Toyota, VW with steep China price cuts: Not content with unseating Tesla Inc. as the world’s top-selling electric car maker, BYD Co ...
dailymaverick.co.za/article/2024-03-25-byd-takes-on-ev-laggards-toyota-vw-with-steep-china-price-cuts/
VW staff cuts: Volkswagen pays up to 450,000 euros in severance pay: VW is fueling its job cuts with high severance payments. According to WirtschaftsWoche ...
wiwo.de/unternehmen/auto/sparprogramm-bei-volkswagen-vw-zahlt-bis-zu-450-000-euro-abfindung/29757096.html
Porsche Profit Slumps 30% on Model Renewals, China Downturn: Porsche AG’s profit plummeted during the first quarter for the weakest result since listing in ...
bloomberg.com/news/articles/2024-04-26/porsche-profit-slumps-30-on-model-renewals-china-downturn
Volkswagen CEO Oliver Blume: "Electric cars are now technically superior": Sales of electric cars are currently slow in Germany. Nevertheless ...
hna.de/leben/auto/chef-oliver-blume-e-mobilitaet-krise-stromer-breite-masse-elektroauto-volkswagen-vw-zr-92995409.html
Volkswagen CEO Oliver Blume: "Electric cars are now technically superior": Sales of electric cars are currently slow in Germany. Nevertheless ...
merkur.de/auto/chef-oliver-blume-e-mobilitaet-krise-stromer-breite-masse-elektroauto-volkswagen-vw-zr-92995409.html
Quick Glance: VW: Union Leader Halts Plans for Budget E-Car
- VW and Renault face setbacks in their budget E-car project due to concerns raised by union leader Daniella Cavallo.
- The collaboration aims for an E-car priced under 20,000 euros, manufactured in Renault factories.
- Disagreements arise over the production site, with the union proposing alternative locations.
- Various scenarios are being considered before a final decision is made.
Toyota to invest $1.4 bln in its Indiana plant, adding 340 new jobs: Toyota Motor Corp said on Thursday it would invest $1.4 billion in its Princeton facility in ...
reuters.com/business/autos-transportation/toyota-invest-14-bln-its-indiana-plant-adding-340-new-jobs-2024-04-25/
Toyota teams up with Tencent for drive into China's EV market: BEIJING -- Toyota Motor said on Thursday that it is forming a strategic alliance with Chinese ...
asia.nikkei.com/Business/Business-deals/Toyota-teams-up-with-Tencent-for-drive-into-China-s-EV-market
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Quick Glance: Toyota and Tencent Collaborate for Entry into China's EV Market
- Toyota announces strategic alliance with Tencent to develop artificial intelligence, cloud computing, and big data for electric vehicles in China.
- Japanese automaker Toyota has been facing challenges in the Chinese market due to aggressive pricing and marketing by local competitors.
- Collaboration with Tencent focuses on developing in-car software crucial for next-generation vehicles.
- Demand for electric vehicles in China is rapidly growing, and Toyota aims to accelerate in this sector.
VW: Flat-rate wage cut of 10 percent, this is how it would affect: IG Metall and the works council have sounded the alarm that management at Volkswagen has ...
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Paid articlePaid Continental Fined €100 Million Over Role in Diesel Emission Scam: Continental AG was fined €100 million ($107 million) for failing to prevent that its staff ...
bloomberg.com/news/articles/2024-04-25/continental-fined-100-million-over-role-in-diesel-emission-scam
VW: Termination agreements bring up to 450,000 euros: According to reports, VW employees who have been with the company for a long time can expect large ...
faz.net/aktuell/wirtschaft/unternehmen/vw-aufhebungsvertraege-bringen-bis-zu-450-000-euro-19673285.html
Tennessee Volkswagen employees overwhelmingly vote to join United Auto Workers union
apnews.com/article/volkswagen-union-vote-united-auto-workers-chattanooga-51544590d8a06efddfa2f6ac7db00fbe
Quick Glance: UAW Secures Historic Victory as Volkswagen Workers in Tennessee Vote for Union Representation
- Volkswagen workers in Chattanooga, Tennessee, made history by voting to join the United Auto Workers, marking the first auto factory in the South since the 1940s to unionize.
- Nearly three-quarters of 3,613 workers voted yes in a three-day election with high turnout, granting the union a significant first win in its efforts to organize factories of a dozen automakers in the South.
- The organizing effort concludes a strong year for the U.S. labor movement, obtaining record wage increases across various industries through strikes and tough negotiations.
- The UAW, led by President Shawn Fain, achieved notable successes in negotiations with Detroit automakers last fall, securing substantial raises and benefits through a contentious strike.
Data theft: VW Group was spied on for years - by China?: For years, the Volkswagen Group was repeatedly spied on, presumably by Chinese state hackers ...
spiegel.de/netzwelt/web/volkwagen-vw-konzern-wurde-jahrelang-ausspioniert-von-china-a-f9971315-c342-42b5-b97b-8650b91d60d4
Paid articlePaid Europe Car Sales Drop in March as EV Weakness Persists: Passenger-car sales in Europe fell 2.8% in March as automakers including Volkswagen AG and Stellantis NV ...
bloomberg.com/news/articles/2024-04-18/europe-car-sales-drop-in-march-as-ev-weakness-persists
BYD unveils third ultra-luxury model under Yangwang brand: Chinese electric vehicle maker BYD unveiled the U7, its third ultra-luxury model under the Yangwang ...
reuters.com/business/autos-transportation/byd-unveils-third-ultra-luxury-model-under-yangwang-brand-2024-04-25/
German auto giant VW predicts difficult years ahead in Chinese market ｜ DPA: German automotive giant Volkswagen (VW) is expecting the next two years in the ...
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Focus: China's BYD seeks to redefine luxury for the EV generation: Chinese EV maker BYD will showcase its premium brand's first sedan at the Beijing auto show ...
reuters.com/business/autos-transportation/chinas-byd-seeks-redefine-luxury-ev-generation-2024-04-24/
Toyota to Build Another All-Electric SUV in US by Investing in Indiana Plant: Toyota Motor Corp. is moving ahead with plans to manufacture and sell more electric ...
bloomberg.com/news/articles/2024-04-25/toyota-to-build-another-all-electric-suv-in-the-us
Paid articlePaid Toyota's scandal-hit Daihatsu aims to resume vehicle development this year: Scandal-hit Toyota Motor subsidiary Daihatsu aims to fully resume developing vehicles ...
reuters.com/business/autos-transportation/toyotas-scandal-hit-daihatsu-aims-resume-vehicle-development-this-year-2024-04-24/
Volkswagen is bracing itself against the crash in China: By the end of the decade, the Wolfsburg-based company wants to increase sales in its most important ...
faz.net/aktuell/wirtschaft/unternehmen/volkswagen-stemmt-sich-in-china-gegen-den-absturz-19675162.html
China's BYD names electric pickup truck BYD Shark: Chinese electric vehicle maker BYD said on Monday its electric pickup truck will be called BYD Shark and will ...
reuters.com/business/autos-transportation/chinas-byd-names-electric-pickup-truck-byd-shark-2024-04-22/
VW in China: fateful week for Volkswagen at the auto show in Beijing: The Group wants to convince investors and customers that the battle for the world's largest ...
faz.net/aktuell/wirtschaft/unternehmen/vw-in-china-schicksalswoche-fuer-volkswagen-bei-automesse-in-peking-19671458.html
Paid articlePaid Toyota to delay EV production launch in US to 2026, Mid Japan Economist reports: Toyota Motor will delay the start of its electric vehicle (EV) production in the ...
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BYD unveils sleek new electric hatch and 1,000 hp tri-motor Denza Z9 GT EV: China’s BYD is unleashing a series of new electric vehicles as it expands the brand ...
electrek.co/2024/04/26/byd-unveils-sleek-new-electric-hatch-1000-hp-z9-gt-ev/
China Car Show Latest: Cutthroat Market, Expansion Plans: Slowing demand for electric vehicles, heightened trade tensions and questions about whether Western ...
bloomberg.com/news/articles/2024-04-25/china-car-show-latest-flashy-models-rolled-out-to-win-customers
Hacker attacks: VW may have been a victim of Chinese industrial espionage - Golem.de
golem.de/news/hackerangriffe-vw-war-moeglicherweise-opfer-chinesischer-industriespionage-2404-184375.html
UAW moving quickly after VW organizing win, union president says: United Auto Workers (UAW) President Shawn Fain is moving quickly in the union's sweeping ...
reuters.com/business/autos-transportation/uaw-moving-quickly-after-vw-organizing-win-union-president-says-2024-04-23/
Beijing auto show: Foreign automakers eager for Chinese partners: Global automakers including Volkswagen and Toyota came to this year's Beijing auto show looking ...
reuters.com/business/autos-transportation/foreign-automakers-eager-chinese-partners-beijing-auto-show-2024-04-26/
VW Workers in Tennessee Vote for Union: The Volkswagen plant in Chattanooga is set to become the first unionized auto factory in the South not owned by one of ...
nytimes.com/2024/04/19/business/economy/volkswagen-united-automobile-workers-union.html
Volkswagen workers in Tennessee vote to join union in win for UAW: Victory was part of a $40mn campaign to organise workers at 13 mostly foreign-owned carmakers ...
ft.com/content/ffdc7515-1443-475e-8852-2e5392b70cf5
Ogier wins after last day drama in Croatia: Sebastien Ogier came out on top on a dramatic final day of the Croatia Rally on Sunday with the Toyota part-timer ...
reuters.com/sports/formula1/ogier-wins-after-last-day-drama-croatia-2024-04-21/
BYD Yangwang U8 2024: Price, Specs, Availability: Meet the tank-turning, 4-ton Yangwang U8 from BYD. It’s the world’s most powerful SUV—and yes ...
wired.com/story/this-chinese-luxury-hybrid-suv-combines-a-tank-a-bentley-and-a-boat/
E-cars in China: German car manufacturers want to get off the defensive: German car manufacturers are struggling in China, where everything revolves around ...
faz.net/aktuell/wirtschaft/auto-verkehr/e-autos-in-china-deutsche-autobauer-wollen-aus-der-defensive-19677972.html
Honda and Toyota are investing billions to build more EVs in North America: The Japanese automakers aim to capitalize on interest in cleaner cars
qz.com/toyota-honda-evs-manufacturing-us-canada-north-america-1851435651
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
- Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.
- Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.
- The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.
- Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
Chinese industrial spies probably stole VW data on electric drive technology: Between 2010 and 2015, Chinese cyber spies allegedly stole around 19 ...
heise.de/news/Industriespionage-VW-jahrelang-Ziel-mutmasslich-chinesischer-Angreifer-9692407.html
Volkswagen to Face Investors Skeptical of China Turnaround Plan: Volkswagen AG faces an uphill battle to convince investors it can turn around its business in ...
bloomberg.com/news/articles/2024-04-22/volkswagen-to-face-investors-skeptical-of-china-turnaround-plan
Paid articlePaid VW Employee Rally 2024: This innovation will please all classic car fans: VW employees can still use their old car until Friday. and youngtimers register for the ...
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VW staff cuts: car manufacturer relies on severance payments, turbo bonuses, partial retirement
wiwo.de/unternehmen/auto/sparprogramm-bei-volkswagen-vw-will-personalabbau-mit-geldgeschenken-und-altersteilzeit-vorantreiben/29757096.html
Stock Markets Today: Gucci, BOE rate outlook, gold, Tesla: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-04-24/stock-markets-today-gucci-boe-rate-outlook-gold-tesla
UAW lands coup in Chattanooga: For a long time, unions in the southern United States were virtually non-existent - a reason why so many German car manufacturers ...
faz.net/aktuell/wirtschaft/auto-verkehr/uaw-landet-einen-coup-in-chattanooga-19667380.html
BYD Got €3.4 Billion Chinese Aid to Dominate EVs, Study Says: China’s BYD Co. received at least €3.4 billion ($3.7 billion) in direct government subsidies as ...
bloomberg.com/news/articles/2024-04-10/byd-got-3-4-billion-chinese-aid-to-dominate-evs-study-says
Toyota partners with Tencent to appeal to young Chinese drivers: Toyota Motor on Thursday said it will partner Chinese gaming and social media leader Tencent in ...
reuters.com/markets/asia/toyota-says-partner-with-tencent-china-2024-04-25/
Tesla's Layoffs Won't Solve Its Growing Pains: The car company popularized EVs. Now, facing intense competition from China, it has to figure out what to do next.
wired.com/story/tesla-robotaxi-pivot-china/
BYD unveils Denza Z9GT, elevating China's EV luxury segment : Chinese electric vehicle (EV) manufacturer BYD is set to debut its upscale brand, Denza ...
wionews.com/business-economy/byd-unveils-denza-z9gt-elevating-chinas-ev-luxury-segment-714787
EU March Car Sales Recorded Biggest Drop in 16 Months: Registrations of new cars in the European Union fell 5.2% on year in March, the largest monthly drop since ...
wsj.com/business/autos/eu-march-car-sales-recorded-biggest-drop-in-16-months-154a0f90
Tesla's Layoffs Won't Solve Its Growing Pains: The car company popularized EVs. Now, facing intense competition from China, it has to figure out what to do next.
wired.com/story/tesla-robotaxi-pivot-china/
Could the Union Victory at VW Set Off a Wave?: Some experts say the outcome at a plant in Chattanooga, Tenn., may be organized labor’s most significant advance ...
nytimes.com/2024/04/20/business/economy/uaw-union-future.html
United Auto Workers union achieves historic breakthrough: Employees at a Volkswagen plant in Tennessee have successfully voted to unionize ...
lemonde.fr/en/economy/article/2024/04/22/united-auto-workers-union-achieves-historic-breakthrough_6669132_19.html
Tesla’s $939 Billion Valuation Lead Over Toyota Is Almost Gone: Two and a half years ago, Tesla Inc. was worth almost $1 trillion more than Toyota Motor Corp. ...
bloomberg.com/news/articles/2024-04-23/tesla-s-939-billion-valuation-lead-over-toyota-is-almost-gone
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Tesla: Is that it yet?: Declining sales figures suggest that Tesla's glory years are already behind it. But Elon Musk could still have an ace up his sleeve.
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VW vote in Chattanooga: "No longer second-class people": Employees at the American VW plant in Chattanooga are voting on whether the union should move in ...
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Goldman Sachs has spoken: That's why fans of Volkswagen shares probably need to be patient now
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ID.Code: VW unveils new electric SUV and Passat sedan in China: Volkswagen's vision of the future for China: the car giant wants to set new standards with the ...
t-online.de/mobilitaet/aktuelles/id_100391824/id-code-vw-enthuellt-neues-elektro-suv-und-passat-limousine-in-china.html
Tennessee's governor says Volkswagen workers made a mistake in UAW union vote: Tennessee Republican Gov. Bill Lee says he thinks workers at a Volkswagen plant in ...
apnews.com/article/volkswagen-uaw-union-vote-ef85b4319a9496f78835614e08a8cb9e
European electric car makers fight to catch up in China: Volkswagen and other European giants risk falling behind in an industry where manufacturing and sales ...
euronews.com/business/2024/04/25/european-electric-car-makers-fight-to-catch-up-in-china
VW in China: When will things pick up again in the most important market?: Whether Volkswagen can remain a world-class car manufacturer will be decided primarily ...
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Volkswagen workers at US plant in Chattanooga vote for union: The Volkswagen employees at the US Chattanooga plant have made a decision. The plant in the ...
waz-online.de/lokales/wolfsburg/volkswagen-beschaeftigte-im-us-werk-chattanooga-stimmen-fuer-gewerkschaft-B7X3JL7PWJDRPERYHLKUDW7E4E.html
Toyota sells more than ten million vehicles for the first time: Sales of e-cars almost tripled in the past financial year to 116,654. However ...
diepresse.com/18403111/toyota-verkauft-erstmals-mehr-als-zehn-millionen-fahrzeuge
Porsche is also giving up: VW is feeling the effects of a slowdown in electric cars
n-tv.de/wirtschaft/VW-bekommt-Flaute-bei-E-Autos-zu-spueren-article24863015.html
Unions Take Aim at South After UAW Win: A successful drive at a VW plant in Tennessee has organizers eyeing gains in a fast-growing region that has historically ...
wsj.com/economy/jobs/unions-take-aim-at-south-after-uaw-win-d5842800
Beijing Auto Show: Volkswagen's sleepless nights on the "battlefield" of China: Volkswagen's China boss expects two bitter years in the world's largest market ...
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Paid articlePaid Tesla and VW: the right way to cut jobs: Two companies, Tesla and VW, have announced job cuts. And showed how: There's a lot you can do wrong.
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Toyota's 'Lunar Cruiser' to join NASA-led moon mission: TOKYO -- A vehicle known as the "Lunar Cruiser" that is being developed by companies including ...
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Paid articlePaid Rüttelsteig in Ingolstadt: How Gernot Döllner turns Audi into a Porsche offshoot: Audi boss Gernot Döllner is taking a management level out of development and ...
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Paid articlePaid Beijing powers up into car wars battleground: The Beijing Auto Show, the first since the pandemic, will be a battleground. Foreign automakers from Tesla to ...
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Initial D Toyota AE86 and Mazda RX-7 PC Mice Are for Desktop Drifting: These classic car-inspired mice are modeled after the iconic Toyota AE86 and Mazda RX-7 ...
thedrive.com/news/these-initial-d-toyota-ae86-and-mazda-rx-7-computer-mice-are-for-desktop-drifting
BYD teases bold Ocean-M electric car powered by its new EV platform: Another fully electric BYD vehicle is set to debut this week. Ahead of its official reveal ...
electrek.co/2024/04/24/byd-teases-bold-ocean-m-electric-car-new-ev-platform/
12 Chinese carmakers form ‘supercharge alliance’: EV race to go on overdrive?: BYD, BAIC, GAC, Xpeng, Chery, JAC, Great Wall, Li Auto announce deal to unite on ...
gulfnews.com/auto/news/12-chinese-carmakers-form-supercharge-alliance-ev-race-to-go-on-overdrive-1.1714064061436
Lawsuit against Volkwagen: Who owns the "ID." brand?: Volkswagen wants to build on previous successes with the catchy word mark for its electric cars ...
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New strategy for China: This is how Audi and VW want to recapture the car market: Audi and VW are fighting for their pioneering role in China with new partners ...
stimme.de/regional/wirtschaft/audi-vw-china-zurueck-strategie-erfolgsspur-art-4913258
Paid articlePaid VW Group delivers more vehicles from electric cars worldwide: The Volkswagen Group has presented its delivery figures for the first quarter. Overall ...
waz-online.de/lokales/wolfsburg/vw-konzern-liefert-weltweit-mehr-fahrzeuge-aus-e-autos-schwaecheln-OL4JPPOANZETXJEQJFONHHNH6Y.html
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China's BYD fires up its car offerings to compete with Tesla and Jeep at the same time
cnbc.com/2024/04/17/chinas-byd-fires-up-nev-offerings-to-compete-with-tesla-and-jeep.html
BYD, Polestar, Nio and Co: Are Chinese manufacturers flooding Europe with electric cars?
nzz.ch/wirtschaft/byd-polestar-nio-und-co-ueberfluten-chinesische-hersteller-europa-mit-billigen-elektroautos-ld.1824839
Car industry: A lot of car for little money: VW and Chinese car manufacturers compete for customers in a Beijing shopping center. Only the Germans think it's all ...
zeit.de/2024/18/autoindustrie-vw-china-e-autos-wettbewerb
Paid articlePaid Controlled from Beijing?: Hackers have been spying on Volkswagen for years: Volkswagen has been spied on by cybercriminals for years. The attackers are after the ...
n-tv.de/wirtschaft/Hacker-spaehen-jahrelang-Volkswagen-aus-article24888431.html
Volkswagen to launch new EV platform in China to slash costs and compete with BYD
electrek.co/2024/04/17/vw-launch-new-china-ev-platform-cut-costs-rival-byd/
Chinese EV start-ups Nio and Xpeng turn to the mass market for growth: Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the ...
cnbc.com/2024/04/26/chinese-ev-start-ups-nio-and-xpeng-turn-to-the-mass-market-for-growth.html
Ford relies on cheap electric cars to convince skeptics: Ford has thrown down the gauntlet to Tesla by touting its upcoming range of cheap electric cars.
businessinsider.de/wirtschaft/international-business/ford-setzt-auf-billige-elektroautos-um-skeptiker-zu-ueberzeugen/
Volkswagen presents new electric SUV: "New technology era": Volkswagen presents its new design show car ID. CODE.
saarbruecker-zeitung.de/nachrichten/wirtschaft/volkswagen-zeigt-neues-elektro-suv_aid-111331385
China's BYD eyes luxury brands to boost profit margins: GUANGZHOU -- Chinese electric vehicle leader BYD may have no choice but to turn to its luxury brands like ...
asia.nikkei.com/Business/Automobiles/China-s-BYD-eyes-luxury-brands-to-boost-profit-margins
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