Wednesday Morning Auto News, Oct 02, 2024: Another setback for Musk’s SpaceX. EU OEMs brace for deeper downturn. BMW urges vote against China tariffs. More.

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Tuesday Morning Auto News, Oct 01, 2024: Tesla faces widening strike in Sweden. BYD sales surge. Ferrari shuts gas-powered plant. VW in decline. More.

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Monday Morning Auto News, Sep 30, 2024: Chinese EV sales way down in EU. Musk hit with last fine in Brazil. Opposition to Akio Toyoda spreads. Mark Cuban warns Musk on Trump. More.

Monday Morning Auto News, Aug 05, 2024

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Friday Morning Auto News, Sep 27, 2024: Friday Morning Auto News, Sep 27, 2024: “Culture of Fear” at Tesla Grünheide leads to >15% sick leave rates. Detroit 3Q sales expected to be down. Musk’s free speech flawed. More.

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World’s Largest Automakers, August 2024: Peak cars, contd.

Eight months into the year, steady erosion grinds down world’s largest automakers. In all likelihood, they will end the year with sales below in the last. Cars have always been a cyclical business, and the down-cycle is very much evident.

Toyota Group, down 3.9% YTD, mainly blames the “continued severe market conditions in China, such as the intensifying price competition,”  and the results of the production suspensions back home.

At the Hyundai Group, down 1.3%, promises are made to “cope with business uncertainties.”

AWOL Volkswagen decided to report its global sales only quarterly, reducing 12 embarrassments per year to only four.

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