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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The total 10-year cost of maintaining and repairing a Tesla is the cheapest in the industry, according to a data analysis shared by Consumer Reports on Friday.

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Italy exploring partnership with Tesla, Chinese carmakers to bolster domestic auto industry: report

Teslarati

million vehicles, Italy has reportedly initiated discussions with a number of potential partners, such as Tesla and Chinese carmakers. The negotiations were mentioned by Industry Minister Adolfo Urso on Wednesday. Apart from Tesla, the minister stated that the government is also in talks with three Chinese automakers.

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

Teslarati

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. auto market anytime soon , some U.S.

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Panasonic seeks to expand business in the auto industry 

Teslarati

Panasonic Automotive’s US technology chief, Andrew Poliak, shared with Automotive News that the department is looking into producing infotainment systems, cameras, head-up displays, and audio systems. Panasonic seeks to build deeper relationships and make new ones with tech giants and automakers at CES 2024 to reach its goal.

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

Electrek

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.

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Despite Elon Musk’s foolishness, auto industry shouldn’t give up on NACS

Baua Electric

Tesla CEO Elon Musk is causing chaos in the EV industry by firing Tesla’s entire charging team, which may lead some automakers to reconsider their plans to adopt the NACS plug. But NACS is just a better standard, and the industry should move forward on it, even if Tesla waffles with its commitment.

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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