Mastodawn

Bloomberg: #Volkswagen may double #staffreductions to 100,000 and shutter #plants, Manager Magazin reported, as Europe’s largest #carmaker seeks to address weakness in #China and mounting competition at home.

acemaxx 1h ago

Oh boy!
#VW #Volkswagen plans to cut up to 100,000 jobs and end production at four plants in #Germany in a significant acceleration of its cost-cutting plans as Europe’s largest #carmaker seeks to counter the rapid advance of #Chinese rivals, chart @financialtimes.com
https://www.ft.com/content/d0760eaf-d345-4964-b2ae-f55f6dfd9a4a

Fllics Apr 7

Brazil adds BYD to slave labor registry

BYD was added to Brazil's registry of employers who have subjected workers to conditions similar to slavery after Chinese workers at the automaker's operations were allegedly subjected to human trafficking and abusive contracts. #News #Reuters #Newsfeed #brazil #byd #carmaker #autos #laborissues Read the story here: 👉 Subscribe: Keep up with the latest news from around the world: Follow Reuters on Facebook: Follow Reuters on X:…

https://fllics.com/en/video/brazil-adds-byd-to-slave-labor-registry/

Brazil adds BYD to slave labor registry

Fllics

PrivacyDigest Aug 19, 2025

#Security flaws in a #carmaker 's web portal let one #hacker remotely unlock #cars from anywhere | TechCrunch

A security researcher said flaws in a carmaker’s online dealership portal exposed the private infor & vehicle data of its customers, and could have allowed #hackers to remotely break into any of its customers’ vehicles.

…allowed the creation of an #admin account that granted “unfettered access” to the unnamed carmaker’s centralized web portal.
#privacy #defcon

https://techcrunch.com/2025/08/10/security-flaws-in-a-carmakers-web-portal-let-one-hacker-remotely-unlock-cars-from-anywhere/

Security flaws in a carmaker's web portal let one hacker remotely unlock cars from anywhere | TechCrunch

Security researcher Eaton Zveare told TechCrunch that the flaws he discovered in the carmaker's centralized dealer portal exposed vast access to customer and vehicle data. With this access, Zveare said he could remotely take over a customer's account and unlock their cars, and more.

TechCrunch

Don Curren 🇨🇦🇺🇦Apr 8, 2025

Bloomberg: #Chinese #carmaker #BYD flagged first-quarter #profit may more than double after a bumper start to the year. The shares are up 23% in 2025, helped by the unveiling of an #EV system that can charge in just five minutes.

Bluesky

Bluesky Social

Bazaar Times Nov 12, 2024

#Hyundai Motor India, #India 🇮🇳 second-largest #carmaker 🚘, posted a 16% fall in the first quarterly profit.

Norobiik @[email protected]Jul 25, 2024

"#ElonMusk’s attempts to get investors to look anywhere but at the bottom line has also backfired.

Even if #Tesla’s CEO insists the company isn’t just a #carmaker, until #robots or #RoboTaxis start to make money, #EVs are the only game in Tesla town, and margins have been wrung out.”

#WallStreet suffers worst day since 2022 as Tesla and #Google earnings disappoint
https://www.theguardian.com/business/article/2024/jul/24/tesla-google-q2-earnings

Wall Street suffers worst day since 2022 as Tesla and Google earnings disappoint

Tech-focused Nasdaq retreats 3.6% and S&P 500 also down in wake of lacklustre results from big-tech companies

The Guardian

Tino Eberl Feb 28, 2024

Ich vermute, das ist für Menschen, die etwas kompensieren oder schnell und schnittig sterben möchten:

"A Chinese #EV maker just revealed a 1,300 horsepower supercar

#BYD is a #Chinese #carmaker that recently unseated #Tesla as the world’s leading seller of electric vehicles. Its new all-electric #Yangwang U9 has nearly 1,300 horsepower and is designed to compete directly with #Lamborghini and #Ferrari."

#EAuto #Elektroauto #Antriebswende #Elektromobilität

https://edition.cnn.com/2024/02/26/cars/chinese-ev-maker-byd-supercar/index.html

Mathew Thomas Oct 10, 2023

#VinFast explores #Ford #Chennai factory as part of its #India entry plans
Vietnamese #electric #carmaker
Top-down approach with completely built imported units and knocked-down kits before moving to local manufacturing.
https://www.autocarpro.in/news-national/vinfast-explores-ford-chennai-factory-as-part-of-its-india-entry-plans--117171

Show thread

Nonilex Sep 24, 2023

The #carmaker touts its teams of monitors that travel to #mining operations around the world, & has pledged to mount a camera at an African mine to prevent the use of #underage or #SlaveLabor.

But #Tesla has been conspicuously silent when it comes to #China, despite evidence that materials that go into its vehicles come from the #Xinjiang region, where #ForcedLabor has been rampant.