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AUTOMAKERS PRODUCTION DELAYS
Year 2008. Elon Musk was almost broke, facing divorce, close to a nervous breakdown. How just 3 days around Christmas changed his life and SpaceX fortunes foreverIn 2008, Elon Musk faced near financial ruin with SpaceX and Tesla on the brink of collapse. After a critical SpaceX launch succeeded, NASA...- Tata taps China's Chery for premium EV push, sources sayTata Motors is set to license an automaking platform from China's Chery. This collaboration aims to accelerate the launch of Tata's premium...
- Chinese Wall may stem India tech flows for electronics and automobileNew Chinese regulations on technology transfers may affect India's electronics and automotive component manufacturing plans. Indian compani...
- MSME auto suppliers seek relief from carmakers as rising labour and input costs hurtSmall auto component suppliers are facing severe financial strain. They are urging major car makers to help manage rising wages, energy, an...
- Honda suspends plans for new electric vehicle plant in CanadaJapanese auto giant Honda said Thursday its plans to build a multi-billion-dollar electric vehicle plant in Canada have been "indefinitely ...
- Retail sales growth slowed in April from March as higher gas cost leaves less room for nonessentialsJapanese auto giant Honda said Thursday its plans to build a multi-billion-dollar electric vehicle plant in Canada have been "indefinitely ...
- BYD car discounts show China’s EV price war is getting worseChina's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...
- Japanese proverb of the day: “Even dust, when piled up, becomes a mountain.” Small, consistent efforts accumulate into great achievements over time — a lesson on how today’s generation can turn tiny daily efforts into massive successJapanese proverb of the day: Small daily efforts build success faster than most people expect. Data shows 1% daily growth can deliver nearl...
- Tesla is developing a new smaller, cheaper EV, sources sayThe effort follows a decision by chief executive Elon Musk to scrap a highly anticipated low-cost EV project in 2024 and pivot the company ...
- Hyundai Motor flags export disruptions as Middle East conflict hits shippingHyundai Motor faces export disruptions due to the Middle East conflict. Shipments to Europe and North Africa are delayed, increasing costs....
- Toyota CEO flags survival risk despite record sales: Why the world’s largest carmaker is worried about its futureToyota's outgoing CEO warns of an existential threat from rapid technological disruption and intensifying competition, particularly from Ch...
- Disruption of rare earth magnet supplies beyond 30 days can impact vehicle production in India: ReportA potential disruption in rare earth magnet supplies from China threatens India's automotive sector, particularly EV production, due to exp...
- China's chokehold on rare earths set to suffocate auto industryThe move underscores China's dominance of the critical mineral industry and is seen as leverage by China in its ongoing trade war with US P...
- Global alarms rise as China's critical mineral export curbs takes holdGlobal automakers are raising alarms about China's restrictions on rare earth exports, warning of potential production delays and economic ...
- Ford slows EV plans, delaying pickup and axing three-row SUV, to cut costsFord reshuffled its electric vehicle plans, cancelling its three-row SUV and delaying its new pickup, emphasizing pickups and commercial va...
- Toyota repeatedly halted Mexico plant after suppliers hit by worker shortage, sources sayToyota Motor faced production halts at Mexico plant due to labour shortages and supply chain disruptions, affecting Tacoma pick-up truck ou...
- Car makers likely to defer launches, realign strategy over outbreakCar makers may need to go back to the drawing board to realign strategies and production schedules with vendors. There is also uncertainty ...
- Nissan, Honda delay restart of some China plants due to coronavirus"In compliance with the new government directive by the authorities in Hubei Province, we will consider the timing of the restart of the pl...
- Toyota says to delay Prius wagon, minivan launches in JapanThe world's biggest automaker has suspended production at all of its 12 domestic assembly plants at least through March 26 and has estimate...
- Toyota delays US assembly unitToyota Motor is delaying the start of production at its plant in Blue Springs, Mississippi, indefinitely as the company copes with the down...
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