Automobile

  Bloomberg The 2021 Mercedes-Benz S-Class comes with enough infotainment to entertain the most tech-obsessed passengers. Its OLED touchscreens span the dashboard like a pixelated surfboard, its heads-up camera is displayed in big-screen augmented reality, its on-board wellness systems surpass the serenity levels of several local spas in Los Angeles — all factors in why it ranks as the best ...

  Bloomberg Mercedes-Benz removed a video advertisement from a Chinese social media website, after the clip got swept up in a charged national debate over depictions of Asian-looking features by foreign companies. The video was posted on Mercedes-Benz’s official Weibo account and later removed due to public backlash, the Communist Party’s Global Times newspaper said. “The makeup of the female ...

  Bloomberg Tesla Inc raised the prices of two Shanghai-made models for the second time in just over a month amid soaring Chinese demand, the South China Morning Post reported. The carmaker announced on Friday a 3.9% increase in the price of its entry-level Model 3 to 265,652 yuan ($41,795) after subsidies, the paper said. The basic edition of the ...

  Bloomberg A Chinese proverb goes, “If you have guanxi (relations) with very important people, all your troubles will go away, but if you don’t have any guanxi with any VIP, your troubles will continue to haunt you.” Carmakers seem to be embracing the proverb as they continue to confront and struggle with the persistent chip shortage that’s expected to ...

  Bloomberg Hyundai Motor Co will expand its lineup to six battery-electric vehicles in India by 2028, as the South Korean carmaker tries to seize first-mover advantage in the growing market. The vehicles will comprise different styles, including SUV, and will cater to segments including the mass market and mass premium, the company said in a statement. Hyundai, which currently ...

  Bloomberg Tesla Inc has agreed to take the majority of battery-ready graphite from a production facility planned in Louisiana, as it races to secure supplies of the key material in a market dominated by China. Melbourne-based Syrah Resources Ltd will supply Elon Musk’s company with graphite anode material for an initial four years, with an option to buy additional ...

Bloomberg Yamaha Motor Corp is set to unveil an electric scooter in key markets next year as Japanese motorcycle manufacturer seeks to deliver greener products. Yamaha will start offering small EV scooters in Europe, and lease medium-sized bikes in Europe, Japan, China, Malaysia, Indonesia and Thailand starting from spring, CEO Yoshihiro Hidaka said. They are based on the company’s E01, E02 ...

Bloomberg Toyota Motor Corp will break ground on its first battery factory in the US at a mega-site in North Carolina, joining an industry-wide push as automakers accelerate efforts to electrify their fleets. The Japanese company will invest $1.29 billion in the automotive battery manufacturing facility, which is scheduled to start production in 2025, the company said. It is the ...

Bloomberg Volvo Car AB said it’s confident it can improve sales and profitability this year even as the global shortage in semiconductors continues to weigh on auto production. The manufacturer owned by China’s Zhejiang Geely Holding Group Co lost output of 50,000 cars in third quarter compared to the year-earlier period, it said. It reiterated its full-year outlook despite preliminary ...

Bloomberg Kia Corp unveiled its its new electric SUV, as the South Korean automaker and its affiliate Hyundai Motor Co. seek to catch up in the EV market. The all-new Niro, an upgraded version of the model first released in 2016, will be available as a hybrid electric in the first quarter of 2022 and as an all-electric battery-powered model ...