TSMC Evacuates Factory Areas After Taiwan Earthquake, Tsunami Warning Bloomberg Taiwan’s 7.4-Magnitude Earthquake Kills 9 and Injures Over 1000 The New York Times Dashcam captures moment cars come to a stop on highway as powerful earthquake strikes Taiwan Yahoo! Voices Dozens trapped in tunnels after Taiwan’s strongest quake in 25 years kills at least nine CNN TSMC “still assessing” … Read more
With the Red Sea crisis roiling shipments of everything from cars to energy, it’s a matter of time before soaring costs and supply-chain strains show up in companies’ earnings reports. Several firms are already warning of the impact. Electric-vehicle maker Tesla Inc. plans a two-week production halt at a German plant due shipment delays, while … Read more
The stock market is supposed to be efficient, discounting all available information into corporate valuations immediately. It’s pretty good at being efficient, but not everything makes sense all the time. Take the multi-trillion-dollar car industry. It isn’t easy to square how shares of different auto makers are valued. Start in the U.S. General Motors and … Read more
I’m Chris Anstey, a senior economics editor in Boston and today I’m looking at Katia Dmitrieva’s reporting on the US consumer. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known as Twitter) via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so … Read more
LOS ANGELES, Nov. 16, 2023 /PRNewswire/ — Today, MotorTrend named the 2024 Toyota Prius as the 2024 Car of the Year during the Los Angeles International Auto Show. This marks the second time that the Prius has won the award – the first being in 2004. The Toyota Camry also received top honors in 2007. Toyota Prius … Read more
Wilmington, Delaware, United States, Nov. 13, 2023 (GLOBE NEWSWIRE) — Transparency Market Research Inc. – The global polyurethane spray foam insulation market was estimated at a value of US$ 5.9 billion in 2022. It is anticipated to register a 7.2% CAGR from 2023 to 2031 and by 2031, the market is likely to attain US$ … Read more
Dublin, Nov. 10, 2023 (GLOBE NEWSWIRE) — The “Growth Opportunities and Use Cases for Blockchain in Automotive” report has been added to ResearchAndMarkets.com’s offering. This report presents the analysis of blockchain use cases specific to the automotive industry in several regions, namely North America, Europe, China, India, Latin America, and the Association of Southeast Asian … Read more
The US Could Become the Odd Market Out in the EV Success Story Bloomberg Source link
For decades, transit officials in Los Angeles have wanted more riders like Roy Orecchio. The reality television showrunner, 50, is the definition of what planners sometimes call a choice rider — someone with the option to commute by car but who opts to take transit. To get from his home in Lincoln Heights to work … Read more
Japan’s carmakers are staging their first motor show in four years to make the case they’ll remain major global forces to be reckoned with in the electric-vehicle age. The rebadged Japan Mobility Show will be counter-programming of sorts to worrisome trends: the host country may well lose its position as the world’s top car exporter … Read more