Tag: Samsung

By on July 21, 2016

BYD

As the saying goes, if you can’t sign a supply agreement with ’em, buy a part of ’em.

That’s clearly not a saying, but that’s what Samsung Electronics Company just did with Chinese electric automaker BYD, handing over $440 million deal for a 1.9 percent stake in the company. According to Bloomberg, a Samsung subsidiary was turned down by China as an approved supplier of batteries to the automaker, so the electronics giant tried another door. (Read More…)

By on July 18, 2016

BYD

There’s money in them there cars, Samsung Electronics Company must have thought.

The Korean technology giant is in talks to buy a stake in Chinese automaker BYD, Reuters reports, and it isn’t the first time the company sought new cash streams from automotive world. (Read More…)

By on May 2, 2016

North Korea (Image: CC BY-SA 3.0, Wikimedia)

Like two brothers who really, really, really can’t get along (I can’t stress enough how much they don’t get along) no matter how hard they supposedly try, the Koreas have a hot/cold relationship, to put it mildly.

One moment, the brothers are manufacturing trinkets together in Kaesong Industrial Region, a special administrative region in the DPRK. The next, the North is threatening to bomb everyone and the South shuts off the water and electricity service (literally) to its brother’s apartment.

But what if the Koreas unified; became whole again? Mike Rutherford of AutoExpress thinks it would be a car-building paradise, with Hyundai, Kia, Samsung, and SsangYong best poised to take advantage of low-cost Northern labor and cheap, cheap land.

(Read More…)

By on February 1, 2016

car-brands

FCA’s sweater-in-chief Sergio Marchionne has a plan to turn around the debt-laden and ailing automaker: stop building cars that lose money. That sounds like common sense, so long as oil prices stay low and the demand for trucks, SUVs and crossovers remains high.

But that plan introduces a new set of problems, chief among them the fact that ditching the car market leaves FCA exceptionally exposed to future volatility in oil prices. Crude prices affect prices at the pump, which affects the demand for certain types of vehicles. Sergio is betting oil prices will stay low by focusing on vehicles with ever-increasing price tags and ever-growing gas tanks.

Still, there will always be some demand for small cars. It was true in 1950 and it is true today. So what will Mr. Sweater do to meet that demand? Simple: he’ll buy those vehicles from another automaker and badge engineer them the old-fashioned way.

(Read More…)

By on March 12, 2015

2014 Samsung-Exide BMW M3 DTM at Brands Hatch

Just like the ongoing fight between the two titans in the smartphone space, Samsung is Apple’s main rival in the auto industry.

(Read More…)

By on January 28, 2015

samsung 111

Currency fluctuations and a lack of volume helped bring an end to a deal that would have seen Mitsubishi sell Renault-Samsung vehicles as their own in North America, according to a report by Just-Auto.

(Read More…)

By on January 8, 2015

FCA Uconnect Access Services

Autonomous alien luxury pods and royalty-free hydrogen patents aren’t the only things coming onto the stage during the 2015 Consumer Electronics Show in Las Vegas. Today, we’ll show you the latest and greatest from BMW, FCA, Audi and Ford, with the help from our brothers and sisters over at AutoGuide.

(Read More…)

By on January 6, 2015

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The next Renault Samsung SM5 has debuted in Korea, giving us a preview of Mitsubishi’s next entrant in the D-segment.

(Read More…)

By on February 3, 2014

The vehicles we aspire to own have one thing in common: timeless design over mere transportation: Ferraris over Fiats. CUVs instead of sedans, or personal luxury vehicles in lieu of a hatchback. So why not treat yourself to a leather-wrapped charging apparatus? (Read More…)

By on July 17, 2012

The big winner for Renault in the first half of 2012 was their low-cost Dacia brand, while the losers were…everyone else.

(Read More…)

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