Elon Musk face many problems with Tesla Motors. According to Reuters news agency. Tesla will launch a new round of cut prices to boost their sales and revenues in Europe, North America and China in face a struggle to compete with Chinese carmakers like Nio, BYD and newly Xiaomi. Posting on X, Musk said “Tesla prices must change frequently in order to match production with demand”. Tesla has fails to deliver their cars to customers. What’s it means: Don’t mock Chinese carmakers.
Cars
US: Volkswagen workers votes to join to UAW for Republican despair
Unions has grown in US. The workers of Volkswagen’s plant in Chatanooga, Tennessee has voted to unionizes themselves and join to United Autoworkers Union to give a mandate to negotiates wage deals with German Carmaker. It can be rejected by Republican governor Bill Lee. UAW has targeted 13 foreign carmakers plants in South US states to unionizes according to UAW leader Shawn Fain. The next battle is Mercedes factory in Alabama which the vote is schedule for next May. UAW has grown their membership and gains supports from Democrats like president Joe Biden. What’s it means: Republicans has unionphobia
Toyota is under investigation from safety to recalls in US and Japan for don’t make good japanese cars again
The japanese carmaker has big trouble ahead. In Japan, the low cost brand Daihatsu has been investigated by japanese authorities due to safety concerns on their airbags devices which halts the exports from other asian markets. It affects others brands like Mazda and Nissan. In USA, 1 million cars to be recall by the carmaker from the same issue. What’s it means: People don’t trust japanese cars again
Join to the union pickett
US president Joe Biden has made a short speech in a pickett organised by UAW, the union who represents Auto Workers. UAW is on strike for better payments and shorten weeks He said the workers deserves better jobs and wages. It’s a first time of sitting president has visited a pickett line in US history. Former president Donald Trump will go in a rally in Detroit on next wednesday. But union members has avoid the movement goes to politics to don’t lose their appeal for the cause. What’s it means: Workers, to be united for better wages and divided on politic issues.
Goodbye Ford Fiesta
The end of era has come today in Cologne, Germany. Ford has ended the production of Ford Fiesta to pave way to make EVs on that plant. Fiesta has produced by Ford in UK and Germany as Ford Europa. It sold 7,7 million cars in UK for 47 years it were launched. The Cologne plant will make EVs for European Market for attend the plea of European Union to ban Internal Conbustion Cars in 2030. What’s it means: Long live for Fiesta.
HC World Service 