Xiaomi, a Chinese smartphone colossus, has announced they are building their own branded electric vehicles (EVs), just like Apple, Huawei, Sony, and Foxconn.
If you’re prepared to lose money, starting a car company is easy. Just ask Tesla. Xiaomi has plenty, enough to sink $10 billion into the venture over the next 10 years.
Keen to sweep as much attention away from the 2020 Democratic National Convention as possible, President Donald Trump campaigned in Old Forge, PA while Joe Biden accepted the Democratic nomination at a largely virtual event. You’ll be forgiven for not having watched either, as both amounted to little more than bashing the opposing side with nary a hint of actual policy. But Trump came the closest to offering something truly substantive, reiterating threats to companies to bring factory jobs back to the U.S. or suffer the consequences.
The president insisted that manufacturers would soon find themselves in a situation that benefits America whether they complied or not. “We will give tax credits to companies to bring jobs back to America, and if they don’t do it, we will put tariffs on those companies, and they will have to pay us a lot of money,” Trump said during the event.
Production of certain Honda vehicles ran into another roadblock on Monday, as the automaker claims it was the victim of a cyber attack.
Reuters reports that production ceased at many of Honda’s manufacturing facilities in the wake of the suspected attack out of fear that quality control processes may have been compromised.
A Missouri city is making a direct pitch to Tesla in the hopes of landing an assembly plant. The electric automaker is on the hunt for a new domestic manufacturing site in which to build its ridiculous-looking Cybertruck, and since Texas seems to be off the table, other states feel they’ve got a good shot.
Naturally, the city of Joplin isn’t coming to the table empty handed.
Try as we might, there’s just no way to know everything about the contemporary offerings of all car manufacturers, even if consideration is limited in scope to North America. Invariably, our mental encyclopedia is missing a few pages. That means sometimes, we should consider the unknowns of our automotive knowledge.
Allow me to explain.
The trade war between the United States and China heated up again Friday, with the People’s Republic pulling a U-turn on its treatment of U.S.-built vehicles. Come mid-December, China will hit inbound U.S. vehicles with a 25-percent tariff. Auto parts will see a 5-percent tariff.
The new — well, resurrected — auto tariffs are a reactionary measure, coming after U.S. President Donald Trump proposed, then delayed, the levying of a 10-percent tariff on $300 billion of Chinese goods. While some import taxes will hit in September, the full range of tariffs is expected to come into effect on December 15th. China’s auto tariffs, first levied last year and lifted earlier this year as an olive branch gesture, are part of a larger raft of tariffs impacting $75 billion of U.S. goods. A 5- to 10-percent tariff hits non-auto U.S. goods on September 1st.
It’s no wonder every automaker wants to build Chinese-market vehicles within that country’s borders.
The closure of Flint, Michigan’s sprawling Buick City complex was emblematic of the [s]destructive[/s] transformative forces at work in the American auto industry in the late 20th century and early 21st. The 264-acre facility was once the largest automotive plant in the world, a status that did nothing to ensure its continued survival. It closed for good in 2010.
Now comes word that the birthplace of so many LeSabres could sprout manufacturing jobs in the near future — 2,000 of them. Great news for Michigan’s automotive workforce and Flint’s coffers, but the plan won’t get off the ground without the Postal Service’s approval.
Volkswagen seems to be feeling pretty good about itself today. After announcing pre-orders for the ID.3 hatchback, the first vehicle from VW’s new electric sub-brand, the company reported it was already having issues coping with demand. Within 24 hours, the automaker said it had received more than 10,000 reservations throughout Europe, creating some extra work for its IT department.
“Sometimes, the IT systems are unable to handle the large number of users accessing the system at the same time,” VW said in a release. “This leads to long waiting times and interruptions in the registration process in some markets. Volkswagen is working hard to eliminate the hitches. Nevertheless, more than 10,000 registrations were received throughout Europe during the first 24 hours.”
While it sounds phenomenal, as the company repeatedly noted ID.3 demand is already exceeding expectations, it’s nowhere near Tesla territory. But the American firm is somewhat of an outlier with an almost miraculous ability to get the public excited about new product and a longer history of EV manufacturing. By comparison, VW is still testing the waters — even though it has already agreed to preform a cannonball by 2025 and sell 1 million connected, zero-emission vehicles every year.
Brits have now been grappling with their Brexit situation for what now seems like an interminable amount of time, with no shortage of digital ink and political hot air spilled about the subject.
Looking past all the posturing, however, a disorderly departure from the EU could contain serious ramifications for companies making products in Britain, and fancy-pants Aston Martin has initiated a contingency plan to handle a “no deal” Brexit. Prepping for a worst-case scenario, the company is stockpiling cars in … Germany.
While General Motors is busy “unallocating” some of its plants, Fiat Chrysler is opening a new one. How’s that for optics?
The company will reportedly convert an existing facility, the so-called Mack Avenue Engine II plant, one which began making small V6 engines in the year 2000 but was idled about five years ago. This new vehicle assembly plant is slated to make the three-row Grand Cherokee.
By a wide margin, the most important automotive-related news this week has been General Motors’ impending closure of five manufacturing facilities across North America. Accompanying the closures are losses of thousands of jobs and the discontinuation of six passenger car models over the next year or so.
Who’s to blame here?
Latest Car ReviewsRead more
Latest Product ReviewsRead more
- Jeffro As I sit here this morning with my 2 day old TRD OFF ROAD 4RUNNER tucked safely away in the garage, my head spins with this weird desire to locate a 85 LTD equipped with the epic 😵💫2.3 and the FOUR ON THE FLOOR. THE HOLY GRAIL. Ying and yang baby!The search begins.
- ToolGuy 404 error on the product link. Which probably isn't terrific marketing on TTAC's part. https://thinkwarestore.com/product/f200-pro-ca
- ToolGuy Second picture: Do you like pegboard storage? (I don't.)
- ToolGuy "WHAT???"(old 'I was in the artillery' joke)
- ToolGuy Oh and this.