In Michigan, for instance, Tesla has challenged a longtime state prohibition against direct sales as unconstitutional and filed suit in federal court to have it overturned. The laws originally were designed to prevent the major auto companies from opening their own stores. Oddly enough, Ford, GM, and Chrysler are aligned with Tesla, insofar as being able to sell via company stores or online could be a boost to bottom lines that sorely need it. But the Big Three are also loath to support these suits and help what looks to be a formidable competitor in a market that is more zero sum than most. … [Read more...] about Tesla Lost in Utah Court, but It’s Winning the Bigger Battle
Tesla china cars
As per the release, the member companies plan to build on existing Alliance benefits in areas such as joint purchasing by leveraging their respective leadership positions and geographic strengths to support their partners’ business development. Leader-Follower Scheme for AllianceAs per new business model, the three companies have endorsed the principles of the leader-follower scheme for vehicles which is expected to deliver model investment reductions of up to 40 percent for vehicles fully under the scheme. The Alliance also endorsed the principle of naming different parts of the world as “reference regions,” with each company focusing on its core regions with the aim to be among the most competitive and to serve as a reference for the others to enhance their competitiveness. Under this part of the scheme, Nissan will be the reference for China, North America and Japan; Renault in Europe, Russia, South America and North Africa; and Mitsubishi Motors in ASEAN and … [Read more...] about Renault-Nissan-Mitsubishi unveils new business model to revamp stressed alliance
U.S. authorities recently arrested two Americans accused of helping Ghosn escape, reportedly by secreting him in a box for musical instruments flown in a private jet. Japanese prosecutors issued arrest warrants for them last year and are seeking their extradition. … [Read more...] about Nissan-Renault alliance to share more parts, technology
Surrounded by rivers, lakes and the ocean, filled with Arctic char, his dad, Aaron Watson, says the name of their town means “fishes” in Inuktitut, the language spoken by this region’s Inuit people, which includes Owen and his mom and sister. Dad is originally from Stratford, Ontario, and works in the tourism industry in Nunavut. … [Read more...] about Life under coronavirus lockdown, through the eyes of children around the world
After several years of explosive growth, SpaceX is on track to capture no less than 40 percent of the global commercial space-launch market, valued at around $6 billion annually, according to the Federal Aviation Administration. A recent, $1.6 billion NASA contract helped SpaceX get into the global government launch market. And now with the X-37B, the company is cementing its foothold in the prestigious national-security segment of the government market, which is worth as much as $70 billion through 2030. … [Read more...] about Elon Musk Launches Secret Robot Space Shuttle. No, Seriously.