automotive industry

Honda and Nissan Merge to Create World’s Third-Largest Automaker

Honda and Nissan have initiated six months of merger talks, aiming to create the world’s third-largest automaker and bolster their competitiveness against Chinese rivals. Mitsubishi, already allied with Nissan, will also participate. This merger follows a trend of auto industry consolidation, though past attempts have yielded mixed results. However, the high costs of electric vehicle transition and intensifying Chinese competition necessitate a strategic alliance to ensure survival and future growth.

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Biden sharply hikes US tariffs on billions in Chinese chips, cars

I find it quite disheartening to see the current situation unfold with Biden sharply hiking US tariffs on billions in Chinese chips and cars. The complexities of balancing environmental concerns with protecting American jobs and industries are truly perplexing. On one hand, there is a push for EVs to reduce fossil fuel consumption, but on the other hand, increasing tariffs on Chinese EVs could potentially lead to job losses in the US automotive sector. The conundrum is evident – how do we navigate these intricate issues without causing more harm than good?

The argument that Chinese companies create products cheaply due to subsidies from the Chinese government raises valid points.… Continue reading

Elon Musk insists Tesla Isn’t a car company as sales falter

I used to view Tesla as an innovative car company, but recent events have led me to question that perception. Elon Musk’s insistence that Tesla is not a car company, but rather a ‘software company’, raises some red flags as sales begin to falter. It feels like a desperate attempt to distance himself from the responsibility of the products his company produces.

The fact that Musk is quick to disassociate Tesla from being a car manufacturer is concerning. The promotion of ‘autopilot’ technology that isn’t truly autonomous, the claims of ‘bulletproof’ cars that aren’t truly bulletproof, and the selling of a ‘flamethrower’ that isn’t technically a flamethrower, all seem like smoke and mirrors to me.… Continue reading