Automakers Slash More Than 4 Million EVs From 2030 Sales Targets As Adoption Slows

Automakers Slash More Than 4 Million EVs From 2030 Sales Targets As Adoption Slows

Good morning! It’s Friday, September 27, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Jalopinions | The Best Type is Jaguar’s E-Type 1st Gear: Automakers Now Aim To Sell 23.7 million EVs … Read more

China warns Japan of retaliation over potential new chip curbs: Report

China warns Japan of retaliation over potential new chip curbs: Report

China has warned severe economic retaliation against Japan if it further restricts sales and servicing of chipmaking equipment to Chinese firms, Bloomberg News reported on Monday, citing people familiar with the matter. Toyota Motor privately told Japanese officials that Beijing could react to the curbs by cutting Japan’s access to minerals required for automotive production, … Read more

Elon Musk’s Support For Trump Finally Hits Tesla’s Sales

Elon Musk’s Support For Trump Finally Hits Tesla’s Sales

Good morning! It’s Friday, August 9, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla Had A Very Interesting Week 1st Gear: Tesla Orders Canceled Over Musk’s Support For Trump For months, … Read more

Elon Musk Is Losing $5 Billion A Month This Year

Elon Musk Is Losing  Billion A Month This Year

Good morning! It’s Friday, July 5, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Walter Isaacson On Elon Musk(s) 1st Gear: Elon Musk Loses $5 Billion Every Month At the start of … Read more

Carmakers take the multiple powertrain ride

Carmakers take the multiple powertrain ride

Mumbai: Car buyers in India are spoilt for choice when it comes to powertrains. Carmakers from industry leader Maruti Suzuki to Tata Motors, Toyota Motor, Honda and Citroen, a relatively newcomer in the Indian market, offer diverse options in powertrains, from petrol, diesel and CNG to flexible fuel, electric and hybrid. Diversification of the engine, … Read more

Japanese Banks Are Abandoning Toyota

Japanese Banks Are Abandoning Toyota

Happy Friday! It’s June 7, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 2024 Jeep Wrangler First Drive Review 1st Gear: Japanese Banks Are Abandoning Toyota Toyota’s been in a tough spot … Read more

Renault-Geely: Renault, Geely create joint venture for hybrid, combustion engines

Renault-Geely: Renault, Geely create joint venture for hybrid, combustion engines

French automaker Renault and Chinese partner Geely announced a highly anticipated joint venture on Friday that will develop combustion and hybrid engines, aiming to improve the competitiveness of their legacy auto business. The 50-50 venture is a core element of Renault’s strategy to stay in the race against larger competitors by signing multiple partnerships to … Read more

Unsold Chinese EVs Are Piling Up At Ports

Unsold Chinese EVs Are Piling Up At Ports

Good morning! It’s Wednesday, April 17, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. The Toyota CH-R Is Dead in America 1st Gear: Ports Are Filling With Unsold Cars, Mostly From China … Read more

BYD takes fight to EV laggards with China price cuts

BYD takes fight to EV laggards with China price cuts

Not content with unseating Tesla as the world’s top-selling electric car maker, BYD has now set its sights on stealing customers from the likes of Toyota Motor and Volkswagen in one of the most aggressive rounds of discounting seen in China’s bruising price war. The automaker is currently discounting almost every electric and hybrid car … Read more

Tesla Made $1.8 Billion Selling Carbon Credits Last Year

Tesla Made .8 Billion Selling Carbon Credits Last Year

You did it, you made it to a new week. It’s Monday, February 12, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: Tesla Made $1.8 Billion Selling EV Credits Electric … Read more