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☆ Verstappen gets the drift with a sideways shift
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +1 min

Formula One F1 - Belgian Grand Prix - Spa-Francorchamps, Spa, Belgium - July 30, 2023 Red Bull's Max Verstappen is interviewed after winning the race REUTERS/Johanna Geron/File PhotoAug 9 (Reuters) - Double Formula One world champion Max Verstappen has picked up some fresh driving tricks after a lesson in sliding sideways from New Zealand's drift car king 'Mad Mike' Whiddett. The Dutch driver, enjoying some time off to do something different in a dominant season, smoked the tyres of a 600 horsepower MADBUL Mazda RX-7 in a video released on Red Bull Motorsport's YouTube channel on Wednesday. "I think it was the most nervous I’ve been in the past two years just because it’s not natural to how I normally drive," said the 25-year-old Red Bull racer. "It felt like I was 16 again and jumping into an F1 car for the first time. Reporting by Alan Baldwin in London, editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: Max Verstappen, Johanna Geron, Mike, Whiddett, I’ve, Horner, Red Bull, Christian Horner, Alan Baldwin, Ken Ferris Organizations: Belgian, Prix, Mazda, Bull, YouTube, Thomson Locations: Spa, Belgium, London

☆ Japan braces for Typhoon Khanun's winds and heavy rainfall
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +2 min

City skyline and harbour are seen at sunrise in Tokyo, Japan July 24, 2021. REUTERS/Maxim Shemetov/File PhotoTOKYO, Aug 7 (Reuters) - A swath of Japanese regions, including central areas, are bracing for Typhoon Khanun to approach near southwestern Japan on Tuesday, as the country's meteorological agency warns of damage from strong winds and heavy rainfall. The storm was hovering about 160 kilometres (99 miles) east-northeast of the city of Amami in southwestern Japan and moving slowly north as of 9 a.m. local time (0000 GMT), the Japan Meteorological Agency (JMA) said. Khanun has gradually lost its strength but still packs winds of 108 kph (67 mph), with gusts of up to 144 kph. "Due to the slow movement of the typhoon and its prolonged impact, total rainfall may greatly exceed the normal monthly rainfall for August in the Pacific Ocean side of Kyushu and western Japan, and in the Tokai region," the JMA said.

Persons: Maxim, Khanun, Satoshi Sugiyama, Gerry Doyle Organizations: REUTERS, Japan Meteorological Agency, JMA, Mazda Motor Corp, West Japan Railway Co, Thomson Locations: Tokyo, Japan, Amami, Japan's Nagasaki, Khanun, South Korea, Shikoku, Kyushu, Western Japan, Tokai, Hakata, Osaka, Nagasaki

☆ Drivers Frustrated With Their Cars Door Handles, Screens, Other Tech
▼ + stars: | 2023-08-07 | by ( Alexa St. John | Tim Levin | ) www.businessinsider.com time to read: +4 min

The auto research firm JD Power assessed dozens of vehicle brands for its latest quality study. The overall quality of new vehicles is deteriorating and nagging problems are on the rise, according to a new study from JD Power. "The basic touch point of door handles is now a percolating problem area as manufacturers attempt to redesign them," JD Power said. JD Power assigned a score to each auto brand based on problems per 100 vehicles, and calculated an industry average of 192 problems per 100 vehicles (PP100), up from 180 in 2022. In terms of vehicles themselves, the Nissan Maxima had the highest initial quality overall, with 106 problems per 100 vehicles, according to the survey.

Persons: Tesla, Dodge, Frank Hanley, Power, JD Power, Ram, Alfa Romeo, Polestar Organizations: JD Power, Fiat Chrysler, French PSA Group, Buick, Chevrolet, Volvo, Chrysler, Volkswagen, Nissan, JD, Dodge, Romeo, GMC, Porsche, Kia, Lexus, Maserati, Hyundai, Honda, BMW, Mitsubishi, Toyota, Ford, Benz, Rover, Mazda, Acura, Lincoln

Containers are seen at the Yangshan Deep-Water Port in Shanghai, China October 19, 2020. REUTERS/Aly Song/File PhotoAug 8 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. China's July trade data top a heavy regional economic calendar on Tuesday, with current account, bank lending and household spending reports from Japan, current account data from South Korea and Australian consumer sentiment also on tap. But for the world's manufacturing and factory engine, focus is on the alarming weakness in exports. At -54.7, it is at its 'highest' level since June 30, but will soon be heading lower again if Tuesday's trade data disappoint.

Persons: Aly, Jamie McGeever, swatted, John Williams, Dow, Japan's Organizations: REUTERS, Wall, Treasury, New, Nasdaq, Equity, Nikon, Mazda, Thomson, Reuters Locations: Shanghai, China, Asia, Japan, South Korea, Beijing, U.S, Australia

☆ Panasonic considering providing EV batteries to Subaru -Nikkei
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: 1 min

TOKYO, July 28 (Reuters) - Panasonic Holdings (6752.T) has started considering providing electric vehicle batteries to Subaru (7270.T), the Nikkei reported on Friday. The two companies are soon expected to announce the plan to ink a basic supply agreement of EV batteries, the report said. The energy unit of Panasonic Holdings and Mazda Motor 7261.T announced in June they also would start talks to set up a battery supply partnership for electric vehicles (EVs). Panasonic, which supplies almost all of its EV batteries to Tesla (TSLA.O), is seeking to increase global market as Chinese and South Korean competitors grow their presence, the Nikkei said. Reporting by Kaori Kaneko; Edit by Tom HogueOur Standards: The Thomson Reuters Trust Principles.

Persons: Kaori Kaneko, Tom Hogue Organizations: Panasonic Holdings, Subaru, Nikkei, EV, Mazda, Panasonic, Thomson Locations: TOKYO

☆ Mazda says needs China strategy overhaul to catch up with market
▼ + stars: | 2023-07-14 | by ( ) www.reuters.com time to read: +2 min

TOKYO, July 14 (Reuters) - Japan's Mazda Motor (7261.T) needs to overhaul its strategy in China, the world's biggest auto market, where it faces increasingly tough competition from domestic players, the automaker's chief executive said on Friday. CEO Masahiro Moro said business conditions for Mazda in China, where it has a joint venture with Chongqing Changan Automobile (000625.SZ) and China FAW, would become increasingly tough over the coming year to 18 months. Its sales in China peaked in 2016 at just over 316,000 vehicles, separate industry data showed. Mazda is not alone in finding the Chinese market increasingly tough. Looking beyond China, Moro said if Mazda were to begin EV production in North America, it would happen after 2027, which marks the end of the middle phase of its business plan for this decade.

Persons: Masahiro Moro, Moro, Daniel Leussink, Jason Neely, Kim Coghill, Barbara Lewis Organizations: Mazda, Chongqing Changan Automobile, China FAW, Mitsubishi Motors, Guangzhou Automobile Group, Toyota Motor, Thomson Locations: TOKYO, China, Chongqing, North America, Huntsville , Alabama

☆ Smart girls don’t marry? Japan rushes to erase stigma for women in science
▼ + stars: | 2023-07-12 | by ( Mariko Katsumura | ) www.reuters.com time to read: +5 min

[1/3] Yuna Kato works with male students at her college club to produce a light human-powered aircraft at the school, at Tokyo University in Tokyo, Japan June 30, 2023, in this screen grab from video. Kato has made it this far, but many aspiring female engineers choose a different path due to the social stigma, creating a massive headache for Japan. That is despite Japanese girls scoring second-highest in the world in maths and third in science, according to the OECD. School officials felt women were more likely to quit working after having children and would waste their education. NO DIVERSITY, NO INNOVATIONMore schools and companies including Mitsubishi Heavy Industries (7011.T) and Toyota (7203.T) are offering scholarships to female STEM students to attract talent.

Persons: Yuna Kato, Chris Gallagher TOKYO, Kato, Li, It's, Minoru Taniura, Kyoko Ida, ichi, we've, Mariko Katsumura, Mayu Sakoda, Rocky Swift, Chang, Ran Kim, Sonali Paul Organizations: Tokyo University, REUTERS, OECD, Reuters, Kato's Tokyo Institute of Technology, Mitsubishi Heavy Industries, Toyota, Mitsubishi, Panasonic, Thomson Locations: Tokyo, Japan, Mazda's

☆ Chinese electric vehicle investment plans in Thailand
▼ + stars: | 2023-07-09 | by ( ) www.reuters.com time to read: +4 min

July 10 (Reuters) - Chinese electric vehicle manufacturers are pouring into Thailand, having committed to invest $1.44 billion in production facilities in Southeast Asia's biggest automaking hub that has long been dominated by Japanese companies. IN THE PIPELINESeveral deals are also in the pipeline, according to the Thailand Board of Investment (BOI), which has been pursuing Chinese automakers. Chongqing Changan, GAC and Chery did not respond to requests for comment on their plans for Thailand. RISING POPULARITYThe influx of Chinese models appears to be helping to boost the popularity of EVs in Thailand, the second-largest car market in Southeast Asia. On Toyota's (7203.T) Thailand website, the Corolla Altis is priced at 894,000 baht and the Yaris Ativ at 549,000 baht.

Persons: China's, Thailand's, BOI, Geely, Wall's Ora, Devjyot, Jamie Freed Organizations: Asia's, General Motors, EV, Electronics, Auto, SAIC, Charoen, New Energy, Assembly, of Investment, State, Chongqing Changan Automobile, Ford, Mazda, Guangzhou Automobile Group, China's Chery, Chongqing Changan, GAC, Chery, Reuters, Corolla, Thomson Locations: Thailand, EVs, Southeast Asia, Europe, Chongqing, China, BOI, Bangkok

☆ This man set up a removals business with a mini Kei truck that cost just $4,500 – but a new mirror and wiper set him back $600
▼ + stars: | 2023-07-09 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +4 min

A Kei truck owner plans to give up his mini pickup as it's too hard and costly to find spare parts. Craig Disbrow's modified Kei truck without covers on the back. He estimates he spent another $3,000 turning it into a mini removal van. It's been enough to make Disbrow begrudgingly plan to give up the Kei truck and find something more common, he said. Do you own a Kei truck and have had problems too?

Persons: Craig Disbrow, Bongo, Kei, he'd, Disbrow, Craig Disbrow's, they're, didn't, It's Organizations: Morning Locations: New York City, North Carolina, New York, America

☆ US state attorneys general clash over EPA emissions plan
▼ + stars: | 2023-07-06 | by ( David Shepardson | ) www.reuters.com time to read: +4 min

The Environmental Protection Agency in April proposed new 2027-2032 vehicle standards that would be the most dramatic reductions in history. The EPA estimates that to meet the new standards, automakers would need to have 60% of new production be electric vehicles by 2030 and 67% by 2032. The rules would cut emissions by 56% from existing 2026 requirements to speed the transition away from gasoline-powered engines to electric vehicles. Democratic attorneys general from New York, California, Pennsylvania, Illinois and other states said the EPA should go further. Many Republican state attorneys general have sued the EPA over its 2021 restoration of the Obama-era standards that were rolled back under Republican former President Donald Trump.

Persons: Andrew Kelly, Joe Biden's, Kentucky's Daniel Cameron, Patrick Morrisey, Obama, Donald Trump, EVs, David Shepardson, Jonathan Oatis, Leslie Adler, David Gregorio Our Organizations: United States Environmental Protection Agency, Washington , D.C, REUTERS, WASHINGTON, Republican, Democratic, Environmental Protection Agency, EPA, District of Columbia, West, American Lung Association, American Medical Association, Alliance, Automotive Innovation, General Motors, Volkswagen, Toyota, Hyundai, American Petroleum Institute, Mazda, Ford, Thomson Locations: Washington ,, New York , California , Pennsylvania, Illinois, Chicago , New York, Los Angeles

☆ Republican attorneys general urge Biden to drop EPA emissions plan
▼ + stars: | 2023-07-06 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

[1/3] Signage is seen at the headquarters of the United States Environmental Protection Agency (EPA) in Washington, D.C., U.S., May 10, 2021. The Environmental Protection Agency in April proposed new 2027-2032 vehicle standards that would cut emissions by 56% versus existing 2026 requirements. Many Republican state attorneys general have sued the EPA over its 2021 restoration of the Obama-era standards that were rolled back under Republican former President Donald Trump. The group called the proposal a "de facto battery electric vehicle mandate" and noted that EVs represented about 6% of new light-duty vehicles sales in 2022. Mazda (7261.T) said separately that it was worried about the "exceptional stringency" of the rule, while Ford Motor (F.N) said the EPA should "avoid setting criteria emissions requirements that will force unnecessarily large or ill-timed investments."

Persons: Andrew Kelly, Biden, Kentucky's Daniel Cameron, Patrick Morrisey, Obama, Donald Trump, EVs, David Shepardson, Jonathan Oatis, Leslie Adler Organizations: United States Environmental Protection Agency, Washington , D.C, REUTERS, WASHINGTON, Republican, Environmental Protection Agency, EPA, West, Alliance, Automotive Innovation, General Motors, Volkswagen, Toyota, Hyundai, American Lung Association, American Medical Association, Mazda, Ford, Thomson Locations: Washington ,

☆ Panasonic needs four more EV battery plants, executive says
▼ + stars: | 2023-07-03 | by ( Miho Uranaka | ) www.reuters.com time to read: +3 min

The comments by Shoichiro Watanabe of Panasonic Energy are the Tesla (TSLA.O) supplier's first clear indication of the number of additional factories it will need. "We will need to build around another four factories," Watanabe, the company's chief technology officer, said in an interview at its headquarters in Osaka on Friday. He signalled an openness to potential joint ventures for EV battery production, with automaker Mazda Motor (7261.T) among others, citing the changing nature of such projects in which investment is no longer shouldered by battery makers alone. Panasonic will not rule out the possibility of a joint battery venture with Mazda as part of a supply partnership the companies are working out, Watanabe said. They aim to sign off on it this year, and expect to supply batteries after 2025.

Persons: Shoichiro Watanabe, Miho Uranaka, Watanabe, Elon Musk, Miho Uranka, Daniel Leussink, David Dolan Organizations: Panasonic Energy Co, REUTERS, Panasonic, Reuters, Panasonic Energy, EV, Mazda, NORTH AMERICA Panasonic, U.S, Thomson Locations: Moriguchi, Osaka prefecture, Japan, Miho Uranaka OSAKA, United States, Nevada, Kansas, Osaka, North America, Oklahoma

☆ A Reuters journalist explores his ancestors’ ties to slavery
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: +38 min

It took me a few minutes of research to figure out why I was losing track of the descendants of the people George Julian enslaved. If the racial cleansing of Forsyth County was mentioned, I didn’t notice. Still hopeful that I might be able to somehow identify and locate living descendants of the people my family enslaved, I flew to Georgia last November. Her father was also a butler for a wealthy white family, her mother a cook. In 1860, Osby’s ancestors were enslaved and working the fields of Forsyth County.

Persons: Julian, Abijah’s, George Julian, George, ”, Adaline, –, Abijah, Dick, Lott, Aggy, Henry, Lewis, Ellick, Jim, Josiah, Reuben, Woodrow Wilson, Rob Edwards, Black, Oprah Winfrey, Forsyth, “, Cumming, who’d, Abijah Julian, ” Gov, Joseph Mackey Brown, ‘ Dick, I’d, Grandma Horseyfeather, Brice gesturing, ” I’d, Grandma Horseyfeather’s, – I’ve, “ Lott, Abijah Julian’s, Richard Julian, Charlotte Julian, Richard, Charlotte, George Julian’s, She’d, “ I’m, That’s, Martin Luther King, wasn’t, Sophia Dodd, Dodd, Elon Osby, – Dodd, Osby, Bailey, George H, Julian ” –, – “, ” Osby, ” Dodd, Ida Julian ., Ida Julian’s, Ida ., Ida hadn’t, Ida Julian, Bagley, Willie M, Willie Mae Bagley, Willie Mae Butts, Elon Butts Osby, Osby’s, ’, Elon Osby’s, Ida Bagley, William Bagley, Adaline Julian, Richard Julian –, Abijah Julian –, she’d, we’ve, you’ve, ELON, crunched underfoot, could’ve, Abijah John Julian ”, Webster, I’ve, weren’t, “ We’re, – we’re, …, Horseyfeather, gesturing, “ You’re, Tom Lasseter, Corinne Perkins, Wong, Jeremy Schultz, Catherine Tai Design, John Emerson, Blake Morrison Organizations: ., Reuters, ”, Black, Charlotte, Toyota, Atlanta History, Elon, Lockheed, Tiffany, Atlanta Housing Authority, Task Force, Mazda, American Legion, United, Confederacy Locations: Forsyth, Negros, negros, Virginia, . Civil, Georgia, Cumming, U.S, Forsyth ., Dawson, Atlanta, Tulsa , Oklahoma, Jefferson County , Georgia, Forsyth County, Charlotte, Thai, Macedonia, Buckhead, Bagley, America, Fulton County, Fulton, Bagley Park, Iraq, Afghanistan, Osby, England, Juneteenth, Brooks County

☆ 3 major companies trying to move supply chains out of China, and how they're faring in their attempts to move away from the factory of the world
▼ + stars: | 2023-06-27 | by ( Huileng Tan | ) www.businessinsider.com time to read: +6 min

Ted Cannis, a senior executive at Ford, told the Financial Times in December that there is a "large-scale rethinking of logistics operations" across the auto supply chain. "The supply chain is going to be the focus of this decade," Cannis said. Among the companies Apple is relying on to make the Vision Pro is Taiwan's Foxconn — which is the main supplier shifting its supply chain away from China. The move was made after China's COVID-19 lockdowns rocked supply chain and production timelines, but prices are the real driving reason behind the move. "Right now, robustness of our supply chain also needs to be considered to ensure the stable procurement of parts."

Persons: —, Donald Trump, lockdowns, COVID, Ashutosh Sharma, Forrester, Ted Cannis, Cannis, China's, Wellsenn, Cowell, Liu Young, TSMC, Morris Chang, Chips, Dylan Patel, SemiAnalysis, Tim Cook, Fang DongxuFeature, Mazda, China's COVID, Masahiro Moro, ", Moro Organizations: Mazda, Service, Privacy, East, Ford, Financial Times, Apple, Vision, Apple's, Cowell e Holdings, Future Publishing, Reuters Locations: China, India, Zhengzhou, Henan, Vietnam, Mexico, Taiwan, Arizona, Nanjing, Fang DongxuFeature China, Japan Japanese, Japan

☆ This New Yorker says he loves his mini Kei truck, but plans to give it up because finding spare parts is so hard
▼ + stars: | 2023-06-25 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +4 min

A Kei truck owner plans to give up his mini pickup as it's too hard and costly to find spare parts. He said he fell in love with the mini Japanese "Kei" truck, but the unexpectedly high costs of replacing broken parts means he's reluctantly planning to give it up. Disbrow's modified Kei truck without covers on the back. He estimates he spent another $3,000 turning it into a mini removal van. It's been enough to make Disbrow begrudgingly plan to give up the Kei truck and find something more common, he said.

Persons: Craig Disbrow, Bongo, Kei, he'd, Disbrow, they're, didn't, It's Organizations: Morning Locations: New York City, North Carolina, New York, America

☆ Two senators urge automakers not to remove AM Radio from new cars
▼ + stars: | 2023-06-23 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, June 23 (Reuters) - Two senators on the U.S. Commerce Committee on Friday wrote seven major automakers urging them not to remove AM Radio from new vehicles. Senator Ted Cruz, the panel's top Republican, and Democrat Ed Markey wrote to BMW (BMWG.DE), Volkswagen (VOWG_p.DE), Tesla (TSLA.O), Mazda (7261.T), Polestar (A4N1y.F), Rivian (RIVN.O) and Volvo Cars asking them to commit by July 7 to including AM Radio in new vehicles. Ford Motor (F.N) said last month it would reverse course and not remove AM broadcast radio as a feature in 2024 model vehicles after lawmakers introduced legislation to require them. Reporting by David ShepardsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Ted Cruz, Ed Markey, David Shepardson Organizations: U.S . Commerce, Republican, BMW, Volkswagen, Mazda, Volvo Cars, AM Radio, Ford, Thomson

☆ Technology is giving cars more nagging problems than ever
▼ + stars: | 2023-06-23 | by ( Alexa St. John | Tim Levin | ) www.businessinsider.com time to read: +4 min

Auto research firm JD Power assessed dozens of vehicle brands for its latest quality study. The overall quality of new vehicles is deteriorating and nagging problems are on the rise, according to a new study from JD Power. "The basic touch point of door handles is now a percolating problem area as manufacturers attempt to redesign them," JD Power said. JD Power assigned a score to each auto brand based on problems per 100 vehicles, and calculated an industry average of 192 problems per 100 vehicles (PP100), up from 180 in 2022. In terms of vehicles themselves, the Nissan Maxima had the highest initial quality overall, with 106 problems per 100 vehicles, according to teh survey.

Persons: Tesla, Dodge, Frank Hanley, Power, JD Power, Ram, Alfa Romeo, Polestar Organizations: Auto, JD Power, Fiat Chrysler, French PSA Group, Buick, Chevrolet, Volvo, Chrysler, Volkswagen, Nissan, JD, Dodge, Romeo, GMC, Porsche, Kia, Lexus, Maserati, Hyundai, Honda, BMW, Mitsubishi, Toyota, Ford, Benz, Rover, Mazda, Acura, Lincoln

☆ Two U.S. senators to automakers: don't remove AM radio from new vehicles
▼ + stars: | 2023-06-23 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

WASHINGTON, June 23 (Reuters) - Two U.S. senators wrote seven major automakers on Friday urging them not to remove AM radio from new vehicles. "Preserving AM radio not only aligns with the growing recognition of its significance but also demonstrates a commitment to public safety and meeting consumer expectations," the senators wrote. Markey said last month the seven automakers had opted to remove AM broadcast radio from their electric vehicles. The Alliance for Automotive Innovation, a trade group representing major automakers, said, "mandating AM radios in all vehicles is unnecessary. Automakers pointed to an existing system that distributes warnings across AM, FM, internet-based or satellite radio, and over cellular networks.

Persons: Ted Cruz, Ed Markey, Markey, Cruz, Jim Farley, Jessica Rosenworcel, David Shepardson, Jonathan Oatis Organizations: Republican, Senate, Committee, BMW, Volkswagen, Mazda, Volvo Cars, Ford, The Alliance, Automotive Innovation, Federal Communications, Thomson

☆ Panasonic, Mazda eye for long-term EV battery supply partnership
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: 1 min

TOKYO, June 21 (Reuters) - Japan's Panasonic Energy and Mazda Motor (7261.T) on Wednesday announced they will discuss a lithium-ion battery supply partnership for electric vehicles. Under the partnership, Panasonic Energy, a Panasonic Holdings Corp (6752.T) unit, would supply Mazda with automotive cylindrical lithium-ion batteries manufactured in Japan and North America for Mazda's battery EVs scheduled to be launched in the latter half of the 2020s, the companies said in a statement. Reporting by Kantaro Komiya, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: Kantaro Komiya, Louise Heavens Organizations: Panasonic Energy, Mazda, Wednesday, Panasonic Holdings Corp, Thomson Locations: TOKYO, Japan, North America

☆ The best car brands of 2023
▼ + stars: | 2023-06-14 | by ( Alexa St. John | ) www.businessinsider.com time to read: +3 min

Consumer Reports released a list of top car brands Thursday. Consumer Reports released its list of the top car brands for 2023 on Thursday. Taking the bottom five spots are Mitsubishi, Alfa Romeo, Jaguar, Jeep, and Land Rover, with Land Rover at the very bottom. Consumer Reports ranked brands first by determining a road-test score using braking, handling, comfort, convenience, and fuel economy evaluations. The other domestic brands fell in the bottom-third of the rankings.

Persons: Alfa Romeo, Dodge, Genesis, Tesla Organizations: BMW, Land Rover, Consumer, Subaru, Lexus, Honda, Rover, Consumer Reports, Ford, GM, Fiat Chrysler, French PSA Group, Lincoln, Chrysler, Pacifica, Toyota, Kia, Mazda, Audi, Acura, Buick, Hyundai, Porsche, Dodge, Tesla, Infiniti, Volkswagen, Volvo, Nissan, Chevrolet, Cadillac, Benz, GMC, Mitsubishi, Alfa, Jeep

☆ Japanese city of Hiroshima rose from the ashes and now it welcomes millions
▼ + stars: | 2023-05-21 | by ( Emiko Jozuka | ) edition.cnn.com time to read: +7 min

Within the bomb’s hypocenter, only the half-exploded Genbaku Dome – formerly the Hiroshima Prefectural Industrial Promotion Hall – was left standing as the bombing razed Hiroshima city to the ground. A man relaxes alongside the river on a bench overlooking the Genbaku Dome. ET), Hiroshima city lost roughly 40% of its population, which numbered around 300,000 people at the time. Full-scale reconstruction only began in August 1949 after the Hiroshima Peace Memorial City Construction Law was promulgated, allowing the national government to extend special financial support to Hiroshima. “It’s impressive how Japanese people rebuilt the city from scratch again – building a beautiful city full of green spaces.

☆ Luxury Porsche converted into a high-tech military vehicle for a commander in Ukraine's army
▼ + stars: | 2023-05-07 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +4 min

A group of Ukrainian volunteers received a Porsche Cayenne to retrofit into a vehicle for the military. "When our team received this Porsche, it was quite a challenge to find the best way to utilize the luxury vehicle," said Roman Hapachylo, co-founder of Car for Ukraine. But the Porsche car was a different project. Car for Ukraine exists solely on donations of military aid, vehicles, and money. According to their website, they have distributed nearly $2 million worth of trucks to the Ukrainian military.

Persons: Ма

☆ Wells Fargo is pushing for quantity over quality in its private bank
▼ + stars: | 2023-05-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Which brings us to a fantastic story about Wells Fargo's decision to reorganize how it serves its ultra-rich clients. And while many understood some changes were necessary, nearly everyone agreed the bank didn't go about it the right way. Read more about Wells Fargo's chaotic reorganization of its private bank. It's the latest move in what has been an active 12 months for the bank's tech division. The accounting firm had signed off on financial statements from Silicon Valley Bank, Signature Bank, and First Republic, the Financial Times reports.

While other automakers like Volkswagen AG (VOWG_p.DE) have also been caught out by the sharp shift in China, Japanese automakers stand out because of their limited showing in the fast-growing category of electric and plug-in hybrid sales. Mitsubishi, like some other Japanese automakers, does not break out China sales figures. Industry data analysed by Reuters showed its first-quarter sales in China fell by 58% from a year earlier. Nissan Motor Co Ltd (7201.T) posted a 45.8% drop in China sales and Mazda Motor Corp (7261.T) sales were down 66.5% in the first quarter. "Japanese automakers could face a similar struggle in the United States as in China," he said.

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