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Links from today's show:
Why U.S. auto factories are so unproductive. Automotive factories throughout the United States and around the world are not producing nearly as many cars as they need to in order to be profitable. A mixture of factors are driving down productivity, but two stand out.
www.cnbc.com/2...
This year it has become a trend for major automakers to announce a retreat from ambitious plans to transition to electric vehicles (EVs). While publicly stating the decision is due to limited consumer demand, the reality is that profitability deficits press on upper automotive management.
cleantechnica....
Automakers Slash More Than 4 Million EVs From 2030 Sales Targets As Adoption Slows. Plus Toyota is distancing itself from LGBTQ+ initiatives that it says were put on by staff and Stellantis hopes to slash its inventory by 100,000 cars.
jalopnik.com/a...
Volkswagen cuts forecasts again as demand wanes while EV competition ramps up. Volkswagen AG cut its guidance for a second time this year, warning that waning demand will undercut the German carmaker’s profitability as it squares off with unions over possible job cuts and unprecedented plant closures.
fortune.com/20...
Volkswagen’s $5bn tie-up with US electric vehicle start-up Rivian has sparked dismay among staff at the German carmaker’s software division Cariad, with top executives sidelined in the sudden change of strategy.
www.ft.com/con...
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#Tesla #TSLA #EVs
2 окт 2024
