serendipity (01-26-2023)
serendipity (01-26-2023)
The UK car industry hasn’t been this weak since 1956. And it’s losing the EV race
UK car manufacturing hit a 66-year low in 2022, as the closure of two plants.
Figures published Thursday by the Society of Motor Manufacturers and Traders (SMMT), an industry body, showed that the number of passenger cars made in Britain declined 10% year-on-year to hit 775,014.
UK car manufacturing hit a 66-year low in 2022, as the closure of two plants, a global shortage of semiconductors and the effect of Covid lockdowns in China on auto supply chains crippled output.
Figures published Thursday by the Society of Motor Manufacturers and Traders (SMMT), an industry body, showed that the number of passenger cars made in Britain declined 10% year-on-year to hit 775,014.
https://www.cnn.com/2023/01/25/cars/...ion/index.html
“If we have to have a choice between being dead and pitied, and being alive with a bad image, we’d rather be alive and have the bad image.”
— Golda Meir
Zionism is the movement for the self-determination and statehood for the Jewish people in their ancestral homeland, the land of Israel.
“If Hamas put down their weapons, there would be no more violence. If the Jews put down their weapons, there would be no Israel."
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Regardless of the economic dynamics involved, the motor car aficionado has to really lament the decline of the UK's once vibrant auto industry.
So many iconic models once emerged from it.
Patriotism is the last refuge of a scoundrel. Samuel Johnson, 1775
Religion....is the opiate of the people. Karl Marx, 1848
Freedom's just another word for nothin' left to lose. Kris Kristofferson, 1969
For automakers, the EV surge is everything everywhere all at once
DETROIT (Reuters) - The surprise leadership shuffle on Thursday at Toyota Motor Corp, renewed urgency at Renault and Nissan Motor Co to restructure their alliance and Elon Musk’s declaration that Tesla Inc will be the world’s No. 1 automaker by a wide margin have one thing in common: What once defined the global auto industry’s center is no longer holding.
The announcement that Akio Toyoda will step down as chief executive of the world’s top-selling automaker on April 1 came just hours after Musk used a quarterly earnings call to declare that Tesla was now the auto industry’s leader in profitability and manufacturing efficiency - the crown Toyota held for three decades.
Judge Juan M. Merchan wrote that Trump “appears to take the position that his situation and this case are unique and that the pre-trial publicity will never subside. However, this view does not align with reality.”
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