Focusing on electrification, Tesla raised wages for German super-factory workers by 4 per cent, while Tesla, a US electric car maker, said on November 5th that it had raised the wages of all its German super-factory employees by 4 per cent since the beginning of November.
Tesla’s move was welcomed by employees at a time when many companies in the German auto industry were talking about layoffs or factory closures.
Tesla plans to build a large charging station in California.
Tesla announced a plan to build a large charging station in Colinga, California.
The charging station, with 168 parking spaces, will be one of Tesla’s largest charging stations.
It is reported that the biggest feature of the charging station is equipped with giant solar panels, suggesting that some of the charging piles will be powered by solar energy.
Tesla began to deliver Cybertruck in Canada, and Tesla began to deliver Cybertruck to consumers in Canada on November 4.
But unlike American consumers, Canadian consumers can still only buy the Foundation Cybertruck, which starts at C $138000.
GM recalled 107 Bolt electric vehicles at risk of fire, and the National Highway Traffic Safety Administration said on Nov.
5 that GM will recall 107 Bolt EV and EUV vehicles at risk of fire.
The recall covers previously repaired 2020-2022 Bolt electric vehicles.
France seeks to promote an EU-wide subsidy policy for electric vehicles, and Marc Ferracci, France’s new industry minister, wants to develop an aid package for the European car industry, with a focus on coordinating subsidies for the purchase of electric vehicles across the EU.
In an interview with German media, Ferracci suggested that EU countries follow France’s current electric vehicle subsidy scheme.
Focusing on the new trends of traditional automakers, Toyota will report its first profit decline in two years.
Japanese carmaker Toyota’s operating profit is expected to fall 14% year-on-year to 1.
2 trillion yen ($7.
9 billion) from July to September this year, according to the average forecast of nine analysts surveyed by LSEG.
This will be the company’s first profit decline in two years.
Audi Q3’s operating profit plunged 91% year-on-year, and Audi barely made an operating profit in the third quarter of this year due to a decline in luxury car consumption in China and the restructuring of a plant in Brussels, Belgium.
The company said on Nov.
5 that operating profit fell 91% to 106 million euros in the three months to September.
Ferrari Q3 core profit rose 10 per cent year-on-year, luxury sports car maker Ferrari said on November 5th that despite a slight decline in car shipments, its third-quarter net revenue rose 6.
5 per cent year-on-year to 1.
644 billion euros.
Adjusted profit before interest and tax rose 10.
3 per cent to $467 million and adjusted profit margin before interest and tax reached 28.
4 per cent.
Suzuki partnered with Volvo to meet EU carbon emissions targets by 2025.
Suzuki said it would merge its sales in the European Union with Volvo cars because Volvo sells very strong electric cars in Europe.
it will help it avoid being fined for substandard emissions.
Stellantis signed a production agreement with Turkish automaker Tofas, and Turkish carmaker Tofas announced a car production agreement with Stellantis Europe, which awarded Tofas the production of “K0” models and their “Combi” versions in Turkey for Stellantis brands such as Fiat, Opel, Citroen and Peugeot.
Mazda North America will recall some 2024-2025 CX-90 and 2025 CX-70 vehicles, totaling 80915, due to dashboard display and functional failures, the National Highway Traffic Safety Administration disclosed on November 5.
Focusing on car sales, UK car sales fell 6 per cent in October from a year earlier, and new car registrations in the UK fell 6 per cent year-on-year to 144288 in October, the second decline this year, according to the Association of Automobile Manufacturers and traders.
New car sales in Canada rose 8.
8% year-on-year in October to 162000 units, according to data from DesRosiers Automotive Consultants.
This year, the annual sales of the Canadian car market are expected to reach the level of 1.
8 million vehicles before the outbreak.
Focus on intelligence Musk: inexpensive electric cars that cannot drive themselves are meaningless.
Recently in response to an investor’s question about when Tesla will launch an ordinary model of a $25000 non-robot taxi, Tesla CEO Musk said: “basically, unless the car can be fully self-driving.
” Otherwise, there is no point in building an ordinary electric model that costs $25000.
” Focusing on the supply chain, Schaeffler Q3 revenue and profits both declined.
In the third quarter of this year, Schaeffler’s revenue fell 1.
1 per cent year-on-year to 3.
957 billion euros, while adjusted EBIT fell 45 per cent to 187 million euros.
EBIT margin also fell to 4.
7 per cent from 8.
4 per cent in the same period last year.
Michelin will close two French factories, and French tyre maker Michelin said on November 5th that it would close two factories in France in early 2026, affecting about 1250 jobs.
The two factories, which are about to close, were “severely affected by the structural transformation of the passenger car, light truck and truck tire market and deteriorating competitiveness in Europe, particularly due to inflation and rising energy prices”, the company added.
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