Tag - cars

 
 

CARS

A Xiaomi SU7 electric vehicle on display at one of the company's stores in Shanghai on April 2
BUSINESS / Tech
Nov 18, 2024
China EV makers bet on self-driving models to fend off Tesla
Chinese electric car manufacturers say their advanced driving-assistance services — which can navigate highways or busy city streets — are coming very soon.
A Ferrari F12tdf fetched a record-high price of ¥171,001,000 ($1.09 million) in a tax agency auction this week.
BUSINESS
Nov 15, 2024
Ferrari sells for ¥171 million at Japanese tax sale
The gunmetal gray Ferrari F12tdf, registered in 2017 and with only 1,509 kilometers on the odometer, received 127 bids during the auction.
A Toyota Motor Lexus LF-ZC electric concept vehicle at the Beijing Auto Show in April
BUSINESS
Nov 11, 2024
Toyota aims to ramp up China production in a strategy pivot
The plan represents a strategic pivot by the world's top selling automaker in the world's largest car market.
The e Vitara is Suzuki's global strategic EV model, which will also be supplied to leading Japanese automaker Toyota Motor.
BUSINESS / Companies
Nov 5, 2024
Suzuki unveils first mass-market electric vehicle
The model, the e Vitara SUV, will be launched in Japan, Europe and India starting around the summer of 2025.
Toyota is expected to report a 14% year-on-year operating profit decline in July-September, to ¥1.2 trillion ($7.9 billion), according to an average estimate by analysts.
BUSINESS / Companies
Nov 5, 2024
Toyota to post first profit drop in 2 years as demand cools after big run
Toyota is expected to report a 14% year-on-year operating profit decline in July-September, to ¥1.2 trillion ($7.9 billion), according to an average estimate by analysts.
Japan's industrial production gained 1.4% from August, led by cars and chemical product manufacturers.
BUSINESS / Economy
Oct 31, 2024
Japan's September factory output beat estimates but was down year on year
While the figures were stronger than forecast, production was weak, and uncertainty over domestic and overseas demand clouds the outlook.
Maruti Suzuki, which is majority-owned by Suzuki Motor, will begin production of a new EV from spring 2025 at its plant in the western Indian state of Gujarat.
BUSINESS / Companies
Oct 30, 2024
Toyota to get Suzuki's first-ever EV as partnership expands
Maruti Suzuki, which is majority-owned by Suzuki, will begin production of the EV from spring 2025 in Gujarat, India.
The Xiaomi SU7 Ultra on stage during its launch in Beijing on Tuesday. The Chinese tech company made its foray into the EV industry earlier this year.
BUSINESS / Companies
Oct 30, 2024
Xiaomi launches faster version of flagship EV in a challenge to Tesla
Xiaomi entered China's crowded EV market in March with the launch of its hit SU7.
The My Number card will function as a driver's license after information such as the type of license is recorded on the integrated circuit chip embedded in the card.
JAPAN
Oct 29, 2024
Government adopts order allowing use of My Number card as driver's license
From March 24, drivers will be able to choose between using only the My Number card, incorporating a driver's license, using only the conventional license, or using both.
Toyota Motor and Nippon Telegraph and Telephone will spend ¥500 billion together on a project to develop the traffic accident prevention technology, and aim to commercialize it in 2028.
BUSINESS / Companies
Oct 29, 2024
Toyota and NTT to jointly develop driver assistance technology that uses AI
The ¥500 billion project will use artificial inteligence and optical communication infrastructure, aiming to commercialize by 2028.
General Motors CEO Mary Barrabefore an investor meeting in Spring Hill, Tennessee, on Oct. 8. Barra said that the company had fixed battery-manufacturing problems and that its electric vehicles would soon be profitable.
BUSINESS / Companies
Oct 24, 2024
Electric vehicles may be struggling. GM’s leader is still a believer.
General Motors CEO Mary Barra says the company is still committed to doing away with combustion engine cars in the United States by 2035.
The Zeekr Mix at the Beijing Auto Show
BUSINESS / Tech
Oct 21, 2024
Mixing hotpot with horsepower. Have Chinese car gimmicks gone too far?
A recent Zeekr campaign underscores the lengths Chinese EV makers will go to to stand out in an ultracompetitive market.
A Ferrari F12tdf that the Tokyo Regional Taxation Bureau is listing for an online public auction
JAPAN
Oct 16, 2024
Tokyo tax office to sell Ferrari with bids starting at ¥71.3 million
The car is one of a number of items listed by tax authorities for an online auction of assets seized mainly from people with unpaid taxes.
Renault R4 E-Tech electric cars are displayed during the media day at the 2024 Paris Motor Show on Monday.
BUSINESS
Oct 15, 2024
China-Europe rivalry heats up at Paris car show as EV tariffs loom
Struggling European automakers need to prove they are still in the game, while Chinese rivals are aiming to get a foothold in a competitive market.
Thursday night's electronic dance music-infused event had the signature trappings of Elon Musk's salesmanship, but some Tesla investors and experts said they were hoping for more concrete details.
BUSINESS / Tech
Oct 12, 2024
Tesla's robotaxi event was long on Musk promises. Investors wanted more details.
Concrete details on how the company plans to transform from an automaker into an autonomous driving and artificial intelligence titan were missing.
Tesla CEO and X owner Elon Musk rides in Tesla's robotaxi at an unveiling event in Los Angeles on Thursday.
BUSINESS / Tech
Oct 11, 2024
Tesla CEO Musk unveils Cybercab and Robovan as focus shifts to automation
Musk said Cybercab production will start in 2026, with the autonomous taxis available to buy for less than $30,000.
An electric vehicle (EV) at an Electrify America charging station in Atlanta
BUSINESS / Tech
Oct 7, 2024
The future of EV charging looks a lot like an airport lounge
The convenience of nicer charger stations could entice would-be electric vehicle drivers to take the plunge and buy one,
A Geely assembly line in Chengdu, China, in April 2023
BUSINESS
Oct 4, 2024
EU presses ahead with Chinese EV tariffs after split vote
The proposed duties on Chinese-built EVs of up to 45% would cost carmakers billions of extra dollars to bring cars into the bloc.
Toyota is delaying the start of production for its first U.S.-made electric vehicle until 2026.
BUSINESS / Companies
Oct 3, 2024
Toyota pushes production of first U.S.-made electric vehicle into 2026
The Japanese carmaker initially targeted late next year to begin output, but a company spokesperson said that has slipped by a few months into 2026.
California Gov. Gavin Newsom speaks in Philadelphia, Pennsylvania, on Sept. 10. The governor has signed a law that aims to prevent instances of stalking and harassment using sophisticated car features such as location tracking and remote control.
WORLD / Crime & Legal
Oct 1, 2024
California enacts car data privacy law to curb domestic violence
The move aims to prevent stalking and harassment using features such as location tracking and remote control as automakers add more sophisticated tech to their cars.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?