Remove Auto Industry Remove Cars Remove GM Remove Industry
article thumbnail

The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

Former General Motors (GM) executive Terry Woychowski, who is now President of engineering consultancy Caresoft Global, called the arrival of the Seagull a “clarion call for the rest of the auto industry,” adding that it’s a “significant event” (via CNBC ). auto sector,” the organization writes.

article thumbnail

Elon Musk finally names Tesla’s main rival—and it’s way bigger than the auto industry

Teslarati

Since the days of the original Roadster, it appeared that Tesla was this company that was determined to make a change by forcing the automotive industry to go electric. Tesla did force the automotive industry to go electric. Its Model S did prove that EVs can be just as good or even better than combustion-powered cars.

article thumbnail

Top Tesla Gigacasting Supplier Gets Acquired By GM!

CleanTechnica EVs

Tesla has jumped ahead of the auto industry in. continued] The post Top Tesla Gigacasting Supplier Gets Acquired By GM! Here’s a story from left field that we didn’t see coming! appeared first on CleanTechnica.

GM 131
article thumbnail

Auto industry spent less on advertising in 2022; Tesla already spends $0

Teslarati

The automotive industry spent less on advertising during the first seven months of 2022. Although Tesla spends $0, the decline in ad spending could be an indicator of troubles for an industry trying to compete with Tesla’s EV lead. Reuters reported that the auto industry’s ad spending fell to $4.8

article thumbnail

Auto Industry Strike: UAW and Big Three Fail to Agree on Terms

The Truth About Cars

Last night, the Union launched a strike against Ford, GM, and Chrysler/Stellantis, taking almost 13,000 workers off production lines and factory floors across the country. Get the latest news, features,& TTAC& takes, and everything else that gets to the truth about cars first by & subscribing to our& newsletter.

article thumbnail

Tuopu: Tesla Leads The Auto Industry By At Least 5 Years

CleanTechnica EVs

Ltd (Tuopu) recently stated in its most recent earnings call that Tesla has a five year gap on other car companies, Teslarati reported. Tuopu is an auto parts supplier that services a wide variety of brands, from Geely and SAIC to Ford, GM, Volkswagen, and other major automakers. China-based Ningbo Tuopu Group Co.

article thumbnail

Germany’s auto industry – outrun by Tesla – to axe thousands more jobs

Baua Electric

Major car suppliers in Germany say they are struggling with the high upfront costs of shifting to EVs and “slow demand,” with companies looking to lay off thousands of workers, as much as 20% of total staff in some cases, in the coming years. If you’re an electric vehicle owner, charge up your car at home with rooftop solar panels.