Car company – Taxis 4 Smart Cities http://taxis4smartcities.org/ Fri, 21 Jan 2022 09:23:09 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://taxis4smartcities.org/wp-content/uploads/2021/07/icon-2021-07-05T160153.519.png Car company – Taxis 4 Smart Cities http://taxis4smartcities.org/ 32 32 The Competition Council will rule on car manufacturers https://taxis4smartcities.org/the-competition-council-will-rule-on-car-manufacturers/ Fri, 21 Jan 2022 03:10:41 +0000 https://taxis4smartcities.org/the-competition-council-will-rule-on-car-manufacturers/ ANKARA Turkey’s competition watchdog will soon announce its decision in an investigation into car manufacturers, Birol Küle, the head of the Competition Authority, said on January 19. class=”cf”> “We could announce the result of the survey of automakers next week,” he told private broadcaster CNN Türk. “A similar investigation by the European Commission resulted in […]]]>
ANKARA

Turkey’s competition watchdog will soon announce its decision in an investigation into car manufacturers, Birol Küle, the head of the Competition Authority, said on January 19.

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“We could announce the result of the survey of automakers next week,” he told private broadcaster CNN Türk.

“A similar investigation by the European Commission resulted in sanctions,” he said, adding that the rapporteurs had concluded that “there is a violation, but it does not affect the Turkish market.” .

The investigation concerns Audi, BMW, Mercedes, Porsche and Volkswagen.

On January 19, representatives of European car giants made defensive verbal statements as part of the investigation by the authority’s Competition Council.

The decision is expected to be announced no later than February 3, but if a conclusion is reached before then, the authority could make an announcement earlier.

Major international automakers, including Ford, Honda, Hyundai, Mercedes, Renault and Toyota, have factories in Turkey, one of the world’s biggest auto sales markets. Last year, automakers invested more than $650 million. Last year, Turkey’s exports to Germany rose 17 percent year-on-year to $4.1 billion.

Cars, Economy,

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The €72,000 price tag is a step too far. It’s not a sports car https://taxis4smartcities.org/the-e72000-price-tag-is-a-step-too-far-its-not-a-sports-car/ Wed, 19 Jan 2022 07:05:20 +0000 https://taxis4smartcities.org/the-e72000-price-tag-is-a-step-too-far-its-not-a-sports-car/ Amid growing concerns about inflation, it’s worth considering the prices of many electric cars these days. Forget the premium brands, where €40,000 barely gets you through the door. We’re talking household names, long the staple brands of Irish fairways. How about a $60,000 Ford? Or a $50,000 Korean crossover from Kia or Hyundai? Or a […]]]>

Amid growing concerns about inflation, it’s worth considering the prices of many electric cars these days. Forget the premium brands, where €40,000 barely gets you through the door. We’re talking household names, long the staple brands of Irish fairways.

How about a $60,000 Ford? Or a $50,000 Korean crossover from Kia or Hyundai? Or a €40,000 Renault Mégane?

Five years ago, these prices for big brand cars would have seemed absurd, the prerogative of models destined to gather dust in showrooms; vanity projects by ego-driven CEOs to become top performers.

Yet the upheaval of the electric age has led consumers to consider a €54,000 Volkswagen aimed at family buyers as entirely plausible. The ID.4 was in the top 20 best-selling cars in Ireland last year and topped the list of new electric cars registered in 2021.

The problem we’ve had in the past with the ID.4 is the logical debate over whether to opt for a slightly larger version of the ID.3 – and the price you have to pay. On paper, it doesn’t seem worth the extra expense. Still, it’s impossible to escape the fact that the ID.4 looks more imposing and impressive on the road than its sibling. And for many buyers, that’s where it’s at.

Now VW has added a GTX version to its alphabet soup of electric vehicles. By baptizing it with these well-known letters, it gives it membership in the VW elite. According to the automaker, GTX sits alongside GTI, GTE and GTD. Stellar company indeed.

In effect, that means this ID.4 gets an extra 95bhp from an additional motor driving the front wheels, now accompanying the motor powering the rear wheels. The end result is better balance, better performance and better grip.

This is supposedly the rationale for the price jump from the regular ID.4 to the GTX. And this is a considerable leap. The starting price for an ID.4 Business model is €53,695 after subsidies, but the GTX Max we tested was priced at €70,637. But as in the ID.3 vs. ID.4 debate, is the sum of the parts much more than it appears on paper?

The first thing to say is that the car is wonderfully smooth and refined to drive. Even the Hyundai Ioniq 5, The Irish Times Car of the Year, isn’t as smooth as the ID.4 on Irish roads. In fact, luxury buyers would struggle to match the mix of damped ride with precise handling. There is some body roll, but this is a 2.7 tonne car after all, so to expect it to stay straight in the corners is to question the laws of physics .

Of course, its impressive balance is largely due to the technical prowess of the VW Group’s MEB. [modular electric drive matrix] Platform. Its ability to smooth out even the worst road surface imperfections without sacrificing the car’s handling is shown on the Audi Q4 e-tron, but many of the same talents are on display in this GTX.

The additional motor drives the front wheels, bringing the total output to 299 hp. That’s a substantial amount of power to deliver on the tarmac, especially given the way electric cars rush off the line. What all-wheel drive does for electric cars is prevent the kind of understeer and oversteer – and wheel spin – that we regularly experience with electric vehicles on wet roads and roundabouts.

This extra ability to transfer power to asphalt comes at a price, and not just in euros. The added weight of the engine brings the estimated range of its 77 kWh battery to 465 km, compared to more than 500 km for the non-GTX versions of the ID.4.

In reality, this range is likely to be significantly less in everyday motoring. Our personal experience has been that when it comes to delivering on promised range, the Koreans seem to be the most accurate in terms of matching estimated range to actual driving.

The conundrum facing buyers is whether it’s worth spending more to get into a GTX rather than a regular ID.4. VW mentions this car in the same breath as the GTis of yore, but while it may have similar acceleration stats, it certainly can’t match the handling of a GTi. But then it’s a 2.7-ton SUV, not a family sedan. It’s silly to add a bit of GT heritage to it.

The real test is in the corners, and while it’s incredibly comfortable to drive, this GTX is by no means as sharp as a GTi of any iteration that I can remember. And for all the punchy acceleration of electric cars, this GTX doesn’t feel faster than its similarly priced rivals, or even noticeably faster than the standard ID.4. And it has less range between charges.

Along with the extra electric motor, you get a thicker body style and slightly upgraded interior trim. None of this seems to justify a five-figure march for a mid-range ID.4. If you’re looking for a more engaging-to-drive EV crossover, try the Kia EV6 or the Ford Mustang Mach E.

When it first arrived, I couldn’t see the logic in the extra expense for ID.4 over ID.3. Now I see the attraction. VW has managed to create a crossover SUV that’s incredibly comfortable on long trips – or however long your load will last – while being roomy enough for a family. It’s also much more stylish than the Audi Q4, especially at the front. A few fiddly controls aside, the interior is a pleasant place and well protected from wind and road noise.

While over $50,000 seems like a steep price for a Volkswagen family crossover, there’s certainly some merit to its purchase. But €72,180 and more for the GTX is a bit too far. Volkswagen has built a superbly comfortable electric crossover and should stop there. It’s not a sports car.

The Truth: Volkswagen ID.4 GTX

To be able to: 223 kW dual-motor system paired with a 77 kWh battery with a single-speed automatic transmission and four-wheel drive.
CO2 emissions (annual car tax) 0g/km (120€).
Electrical range: 465km.
Power consumption: 18.0-19.2kWh/100km.
0-100 km/h 6.2 seconds.
Price: €72,047 tested; ID.4 from €46,789.
Our rating 3/5.
Verdict: Wonderfully refined, but it’s not a sports car.

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Scientist behind key CAR-T advancements co-founds new biotech https://taxis4smartcities.org/scientist-behind-key-car-t-advancements-co-founds-new-biotech/ Mon, 17 Jan 2022 17:00:45 +0000 https://taxis4smartcities.org/scientist-behind-key-car-t-advancements-co-founds-new-biotech/ “Greenberg really knows about TCRs,” said Marcela Maus, a cell therapist at Mass General Hospital Cancer Center who isn’t involved with Affini-T, adding that this bodes well for the biotechnology he is involved in. The company’s approach aims to circumvent a major obstacle in CAR-T cell therapy, which uses a synthetic receptor called CAR to […]]]>

“Greenberg really knows about TCRs,” said Marcela Maus, a cell therapist at Mass General Hospital Cancer Center who isn’t involved with Affini-T, adding that this bodes well for the biotechnology he is involved in.

The company’s approach aims to circumvent a major obstacle in CAR-T cell therapy, which uses a synthetic receptor called CAR to arm immune T cells against cancer. CAR-T cells will recognize and kill any cell carrying a certain target protein on its surface membrane, so researchers choose targets that commonly appear on cancer cells they want to treat. The problem is that normal tissues usually carry the same targets and CAR-T cells also kill them. This is one reason why CAR-T has so far only been used successfully in B-cell cancers like myeloma or leukemia, Greenberg said; humans can survive without B cells if they are given CAR-T therapy.

“That CAR-T cells eliminate normal B cells is tolerable. But there aren’t many normal cells you can delete [it’s] tolerable,” he said. “It’s really different if you say, ‘I’m treating your lung cancer, but I’m also going to get rid of your lung.’ ”

But the modified TCRs have the potential to distinguish malignant cells from healthy cells because they have the ability to detect mutated genes – not just surface membrane proteins – that only cancer cells can have. All the proteins inside a cell end up being digested and cut into pieces called peptides. These pieces will assemble into a sort of waste pile, called MHC, which will eventually migrate to the surface membrane of the cell, making it available for detection by T cells.

“Since most of them are derived from normal proteins, T cells are naturally trained to say, ‘That’s normal. It’s OK,” Greenberg said. “Now when you have one that’s different from a normal cell, the T cell says, ‘Oh, that’s different. ”

Any number of problems can produce unusual peptides: a virus, perhaps, or a genetic mutation in cancer cells. If the T cell’s receptor can latch onto the garbage pile, it will kill the abnormal cell. In cancer cells with many mutations, the immune system is usually adept at doing this to naturally prevent cancer – or the process can be encouraged using drugs called checkpoint blockers.

“But the problem is that in cancers with just a few mutations, it’s much harder for the immune system to see it and shut it down,” Greenberg said.

If Affini-T can get the right TCR to detect key oncogenic driver mutations based on the MHCs decorating cell surfaces, in theory their engineered T cells bearing the TCR should be able to find and kill even cancer cells that don’t. only have one mutation, while leaving normal cells unharmed.

“You’re dealing with a mutation that makes it cancerous,” Greenberg said. “So you have a cell that is already malignant or is becoming malignant.” It would also open up many more cancers that could be treated with this technology.

But finding the perfect TCR that can do this is a monumental task, said Charles Nicolette, co-founder of CoImmune, a biotech specializing in cancer immunotherapy.

This is because the MHC – or the complexes of protein fragments sought by the TCR – can take different forms. Because protein fragments can clump together in different configurations, even MHCs comprising fragments of the same mutated gene can look different on the cell surface in different people. Affini-T will have to create new TCRs for these different forms in order to be able to treat a larger part of the population.

“That’s the problem,” says Nicolette. “[The TCR] will bind to a very specific MHC molecule, and your T cell must be compatible with that.

And once solid tumors have formed, they have the means to fend off attacks from the immune system, including those caused by CAR-T cells or TCR T cells. Many tumors alter their surrounding environment, such as depriving it of oxygen, to make it more hostile to the immune system. Some release signals that shut down immune T cells that might attack it. Affini-T plans to overcome this by further engineering its TCR T cells with genes that are more resistant to these signals or even become more activated by generally suppressive signals.

This introduces a huge amount of engineering, however, and currently scientists can only modify a cell to a certain extent before it starts to get harder and much more expensive, MGH’s Maus pointed out.

“There’s a cargo limit to how much you can put in a vector,” she said.

Currently, the company uses a virus to introduce the modified genes into T cells, which limits the amount of engineering they can do at the same time, Greenberg admitted.

“We can have about five to six genes that we can add at a time, so that’s too big,” he said. “But we’re moving to new systems like CRISPR-Cas9 for gene editing that will be cheaper overall and allow us to do more editing.”

Company executives are also confident that they will be able to discover and engineer the perfect TCR for their first targets, which are mutations in the KRAS and P53 genes that can cause a cell to divide uncontrollably and transform into in cancer.

“The first thing we do when selecting a TCR is to do an affinity screen [for the mutation]said Jak Knowles, CEO of the company. “This is the start of our process,” and why they named the company Affini-T.

Knowles said the company was beginning to grow rapidly, hiring dozens of employees over the past year and acquiring hundreds of thousands of square feet of labs and office space. The new labs, he said, are already producing exciting data.

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Subaru unveils 1,073hp STI E-RA electric track car at Tokyo Auto Salon https://taxis4smartcities.org/subaru-unveils-1073hp-sti-e-ra-electric-track-car-at-tokyo-auto-salon/ Sun, 16 Jan 2022 00:30:00 +0000 https://taxis4smartcities.org/subaru-unveils-1073hp-sti-e-ra-electric-track-car-at-tokyo-auto-salon/ Subaru unveiled the 1,073hp all-electric STI E-RA concept car at this weekend’s Tokyo Auto Salon. And, while the STI E-RA doesn’t have much in common with any road-going Subarus, that doesn’t mean the concept won’t hit the road. Subaru says it built the STI E-RA concept to gain “experience and training in new technologies in […]]]>

Subaru unveiled the 1,073hp all-electric STI E-RA concept car at this weekend’s Tokyo Auto Salon. And, while the STI E-RA doesn’t have much in common with any road-going Subarus, that doesn’t mean the concept won’t hit the road.

Subaru says it built the STI E-RA concept to gain “experience and training in new technologies in the world of motorsports in this carbon-neutral era”, and the company has its eye on a record-breaking 6-minute lap and 40 seconds. at the Nürburgring North Loop in 2023.

If Subaru hits that mark, they’ll have beaten just about every production internal combustion car that’s ever hit the ‘Ring, and a record set by Tesla’s Model S Plaid last summer…by almost . a full minute. (!)

To help achieve this goal, the Subaru STI E-RA Concept features a high downforce GT-style composite body that is tightly wrapped around the wheels. Cutouts in the body help extract air from the wheel arches and accelerate it to the chunky rear wing, which will work in concert with a carbon fiber front splitter, Formula 1 style spoilers and (what appears to be) a large, highly developed rear diffuser.

The Subaru’s roof-mounted air intake evokes the iconic WRC Imprezza rally car of the 2010s and early 2010s – and, presumably, supplies air to the 60kWh battery cooling system.

he has the look

It looks absolutely business-like, and with the Yamaha-developed 800 kW (1,073 hp) electric motors powering the all-wheel-drive E-RA concept, Subaru has every chance of hitting its stated performance targets.

Electrek’s Grasp

Building a wild, ultra-powerful electric racer and unleashing it on an unsuspecting pack of ICE-powered cars on a historic circuit has proven to be a popular way to boost a carmaker’s credibility. Volkswagen did this when it sold the VW ID.R on Pike’s Peak and Goodwood, as did Lotus, Polestar and Porsche, for that matter. Subaru is in good company there.

The real question isn’t about Subaru’s engineering chops, then, it’s about brand identity. Put simply: can a brand that has built its identity on horizontal ‘boxer’ motors and mechanical all-wheel-drive systems really be the same brand when its electric offerings have none of those?

This runner won’t answer that question, but maybe it will drop enough jaws to build a whole new brand identity for itself.

spring | Pictures: Subaru.

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Dogecoin Price Today: Elon Musk Pumps Dogecoin With Another Tweet, Token Surges 25% https://taxis4smartcities.org/dogecoin-price-today-elon-musk-pumps-dogecoin-with-another-tweet-token-surges-25/ Fri, 14 Jan 2022 07:57:00 +0000 https://taxis4smartcities.org/dogecoin-price-today-elon-musk-pumps-dogecoin-with-another-tweet-token-surges-25/ New Delhi: Elon Musk’s favorite Dogecoin has soared as much as 25% in the past 24 hours after a tweet from the boss of the electric car maker that the company is accepting digital currency Dogecoin to purchase merchandise from You’re here. The self-proclaimed tweet from Dogefather sent the original meme token to fly higher […]]]>
New Delhi: Elon Musk’s favorite Dogecoin has soared as much as 25% in the past 24 hours after a tweet from the boss of the electric car maker that the company is accepting digital currency Dogecoin to purchase merchandise from You’re here.

The self-proclaimed tweet from Dogefather sent the original meme token to fly higher to $0.2029 on Friday from $0.1623.

Sharat Chandra, vice president of research and strategy, EarthID, a self-sovereign identity management platform, said Tesla enabled its back-end to allow Dogecoin payment products such as Cybersquad and Giga Texas Belt Buckle.

“People are more open to using crypto for payments. Visa’s recent survey demonstrated that small business owners in nine geographies are willing to accept digital currencies as payment methods,” he said. he adds.

Tesla does not accept Dogecoin for electric cars, but one can technically buy an electric vehicle with the larger coin. Tesla’s Cyberquad, a $1,900 quad designed for kids, can be purchased with the meme token.

In its FAQ section, Tesla points out that it does not accept any other cryptocurrencies besides Dogecoin. The release of Dogecoin Core version 1.14.5 has significantly reduced fees for all network participants.

Since its inception in 2014, Dogecoin has generated a return of around 45,000% for investors. However, it is trading around 35% below its all-time high.

Following Musk’s push, Dogecoin briefly entered the top 10 digital tokens by market capitalization. However, profit booking pushed the token to 11th place, behind Polkadot.

Both Dogecoin and Polkadot were in fierce competition, as the two tokens held a market capitalization of just over $26.3 billion, according to data from Coinmarketcap.

Dogecoin’s total traded volume soared around 200% as the tokens traded over $4.39 billion in the past 24 hours. There are 132.67 billion Doge tokens in reserve.

“It is considered a serious investment option by many investors and has been backed by the likes of Elon Musk,” said Abhayanand Singh, co-founder and CEO of VIstas Media Capital.

“The extreme volatility seen in Dogecoin has benefited day traders to invest in it,” Singh added. “The joke coin now looks very serious and has ranked in the top 10 cryptocurrencies on multiple charts.”

Dogecoin is based on the popular internet meme “Doge” and features a Shiba Inu, a Japanese breed dog, on its logo. Dogecoin differs from Bitcoin’s proof-of-work protocol in several ways, one of which is by using Scrypt technology. The electric car giant dabbled in bitcoin payments in May 2021, but later abandoned them due to environmental concerns. Still, the Musk-led company holds the largest cryptocurrency on its balance sheet.

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Electric vehicle company specializing in sports car development plans to locate in Oliver – Penticton News https://taxis4smartcities.org/electric-vehicle-company-specializing-in-sports-car-development-plans-to-locate-in-oliver-penticton-news/ Wed, 12 Jan 2022 12:00:00 +0000 https://taxis4smartcities.org/electric-vehicle-company-specializing-in-sports-car-development-plans-to-locate-in-oliver-penticton-news/ Photo: North American EV Inc. Oliver may soon have a new sports car maker in town whose vehicles will run entirely on electricity. An amendment to the zoning request was given third reading by council Monday for 6005 Station Street and 248 Co-op Avenue, to allow the operation of a vehicle manufacturing business. electric, North […]]]>

Oliver may soon have a new sports car maker in town whose vehicles will run entirely on electricity.

An amendment to the zoning request was given third reading by council Monday for 6005 Station Street and 248 Co-op Avenue, to allow the operation of a vehicle manufacturing business. electric, North American EV Inc.

Station Street is currently home to the flea market, while 248 Co-op Avenue is an empty gravel lot. The applicant expects to see the land behind the building used for additional employee parking and vehicle access into the building.

In their report to council, staff supported the change because it aligns with the land use already established and the company would not drastically change the character of the street. The area currently has a sign manufacturing company, outdoor storage and a sawmill.

The proposed change could also add overall benefits to the community, including the hiring of 15 new employees, a new company with environmentally friendly technology and a possible increase in the number of traveling customers.

Their business includes electric vehicle conversions, classic car restorations, electric vehicle repairs and the development of special electric vehicles, including plans to build fully electric racing cars.

In a letter to the board, the company explained why it chose Oliver for its business, including the mild climate, proximity to Oliver’s race track, Area 27, and proximity to the U.S. border, among others.

They also noted that the Okanagan currently does not have an electric vehicle repair facility.

At Monday night’s public hearing, only one business owner spoke out, curious about the potential increase in traffic in the area along the street.

“It could be a really positive opportunity for jobs in the community, but I’m wondering about the capacity,” she said.

Staff said in the applicant’s letter they intended to hire about 15 people.

Councilors unanimously approved third reading.

The zoning modification by-law will be sent to the Ministry of Transport for approval before its adoption and a building permit will be required for the modifications made to the building.

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2005 Ford GT to feature in Upcoming Gooding Gear Online Auction – Robb Report https://taxis4smartcities.org/2005-ford-gt-to-feature-in-upcoming-gooding-gear-online-auction-robb-report/ Mon, 10 Jan 2022 13:02:52 +0000 https://taxis4smartcities.org/2005-ford-gt-to-feature-in-upcoming-gooding-gear-online-auction-robb-report/ I remember hopping in a brand new Ford GT in 2005. It was red, low, fast and loud. There was a lot to like about this car. It was brutally honest and a little raw, without the finicky details or delicate construction of Italian supercars of the day. I didn’t feel like any coins were […]]]>

I remember hopping in a brand new Ford GT in 2005. It was red, low, fast and loud. There was a lot to like about this car. It was brutally honest and a little raw, without the finicky details or delicate construction of Italian supercars of the day. I didn’t feel like any coins were going to fall, but it wasn’t like one of Germany’s rolling safes either. It was just American. The engine was sublime, but trapped. Forgetting that it was supercharged, I planted my foot and spun through the middle of an intersection, attempting a left turn from the stop. Embarrassing, but the only thing damaged was my pride. The Ford GT commands respect.

When I first met the Ford GT, I couldn’t help but feel like I had reconnected with an old friend after decades of separation. . . someone who had gained inches and a lot of pounds, but otherwise looked a lot alike. Overshadowing its predecessor and three inches taller, the Ford GT didn’t claim to be a racing machine like the car that inspired it. Credit for such a successful variation on the theme of the original Ford GT40 goes to Camilo Pardo, who, under the leadership of J Mays, designed a tribute to Ford’s 1-2-3 sweep at Le Mans in 1966 and victories. consecutive years of the brand from 1967 to 1969.

The 2005 Ford GT presented by Gooding & Company.

Photo by Brian Henniker, courtesy of Gooding & Company.

The homage concept was unveiled at the 2002 Detroit Auto Show with great success, with a production version following to coincide with Ford’s centenary. Ford’s GT was a crush on the company, with a total of 4,038 units built, all of the 2005 and 2006 model years.

Few people back then could have imagined that they would become first-class collectibles 15 years later, but their performances on the auction ramp have been consistent, thanks to the keen interest and maneuverability and inherent reliability of the model. Solid values ​​can also be attributed to Pardo’s artful styling, which captures the essence of Ford’s racing icon without any hint of retro-kitsch. In other words, it is a sustainable design.

A 2005 Ford GT.

The Ford GT has a lightweight aluminum space frame with an aluminum body.

Photo by Brian Henniker, courtesy of Gooding & Company.

Arguably America’s first modern supercar, the Ford GT was built from a lightweight aluminum space frame with an aluminum body; in particular a passenger cell closed by two clamshells. Mid-rear mounted, a 5.4-liter, 550bhp V8 – with the aforementioned supercharger – mated to a six-speed Ricardo transaxle. The power-to-weight ratio and exceptional balance make the Ford GT, weighing less than 3,500 pounds, a rewarding car to drive and a reminder that the more analog a vehicle, the more fun it can be.

The 550 hp 5.4-liter supercharged V8 inside a 2005 Ford GT.

Mid-rear mounted, a supercharged 5.4-liter, 550-hp V8.

Photo by Brian Henniker, courtesy of Gooding & Company.

There were plenty of colorways on offer, most with racing stripes, including the GT Heritage Edition, which was delivered in Gulf Oil motorsport colors and of which 346 were manufactured. This all-black example, however, is particularly stealthy, with forged aluminum wheels punctuated with gray-painted calipers. And the black leather interior has a McIntosh sound system, one of the few options that can be selected. Delivered new to Mel Clayton Ford in Santa Barbara, Calif., The car is less than 2,000 miles.

The interior of a 2005 Ford GT.

The black leather interior includes a McIntosh sound system.

Photo by Brian Henniker, courtesy of Gooding & Company.

Estimated at between $ 350,000 and $ 400,000, the car will be available through Gooding & Company at its Geared Online Scottsdale Edition auction. “Over the past few years, we have noticed a steady increase in demand for Ford GT first series,” said Justin Gosaynie, Gooding & Company Specialist. “This striking and highly collectable scratch-removed Ford GT presents a rare opportunity to interested parties, especially given its low mileage, sole owner status, special features and attractive color scheme.” Online auctions open on Monday January 24 and begin to close on Friday January 28.

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Sales of hybrid electric cars hit record highs in the United States https://taxis4smartcities.org/sales-of-hybrid-electric-cars-hit-record-highs-in-the-united-states/ Thu, 06 Jan 2022 21:31:00 +0000 https://taxis4smartcities.org/sales-of-hybrid-electric-cars-hit-record-highs-in-the-united-states/ A Honda Crider Sport Hybrid is on display at the GAC Honda booth during a media day for the Auto Shanghai show in Shanghai, China on April 19, 2021. REUTERS / Aly Song / File Photo Register now for FREE and unlimited access to Reuters.com Register SAN FRANCISCO, Jan.6 (Reuters) – Pure electric cars are […]]]>

A Honda Crider Sport Hybrid is on display at the GAC Honda booth during a media day for the Auto Shanghai show in Shanghai, China on April 19, 2021. REUTERS / Aly Song / File Photo

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SAN FRANCISCO, Jan.6 (Reuters) – Pure electric cars are making all the headlines, but their gasoline-electric hybrid rivals quietly achieved record sales in the United States last year, according to industry data.

As Tesla Inc (TSLA.O) and Ford Motor Co (FN) pushed for electric vehicle sales, Asian automakers have increased hybrid vehicle lines as many customers still shy away from EVs due to higher prices. , limited autonomy or lack of charging stations.

Sales of hybrid vehicles in the United States jumped 76% to 801,550 vehicles last year, accounting for 5% of light-duty vehicle sales in the United States, according to data from analysis firm Wards Intelligence.

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Sales of electric vehicles also jumped 83% to 434,879, but accounted for a meager 3% of the market.

Toyota Motor Corp (7203.T) achieved record sales of hybrid cars in the US market, helping the Japanese automaker to overtake General Motors Co (GM.N) as the best-selling US automaker. Read more

Toyota increased sales of its hybrids, plug-ins and fuel cells by 73% to 583,697, most of them from hybrids. GM has sold less than 25,000 electric vehicles because it recalled the Bolt EVs due to the risk of battery fire.

“Hybrids offer a really intriguing blend of fuel-saving performance without some of the huge drawbacks of electric vehicles,” said Brett Smith, director of technology at the Center for Automotive Research.

Pure electric vehicles run on electricity only and require charging infrastructure, while hybrid electric vehicles combine a conventional combustion engine with an electric propulsion system.

Honda Motor Co (7267.T), the second-largest seller of hybrid cars in the United States, also increased hybrid sales by 67% from 2020 to a record 107,060 last year.

“We hope to significantly increase our hybrid sales of our flagship products, CR-V and Accord, in the coming years as we prepare for battery-electric vehicles,” Dave Gardner, executive vice president of Honda, told Reuters. .

Honda, which plans to launch its first electric vehicle for the U.S. market in 2024, expects the market to take off thanks to a slew of new model launches by automakers and political support from the Biden administration.

“It’s only a matter of time, but I think consumer acceptance is going to take some time to catch up,” Gardner said.

Hyundai Motor Co (005380.KS) sees hybrids and plug-in hybrids as “catalysts” that will help accelerate sales of battery-electric vehicles, said its global COO, Jose Munoz.

“Some of our competition is jumping right into the battery-only EV … We still see a lot of consumers reluctant to go into the battery-only EV,” he said.

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Reporting by Hyunjoo Jin in San Francisco Editing by Matthew Lewis

Our Standards: Thomson Reuters Trust Principles.


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Toyota overtakes GM as America’s best-selling automaker https://taxis4smartcities.org/toyota-overtakes-gm-as-americas-best-selling-automaker/ Tue, 04 Jan 2022 23:50:00 +0000 https://taxis4smartcities.org/toyota-overtakes-gm-as-americas-best-selling-automaker/ The Japanese automaker, which has struggled for decades to expand its presence in the United States, sold approximately 114,000 vehicles to GM in 2021. Toyota’s total sales in the United States of 2 , 3 million, were up about 10% from 2020, the company said on Tuesday. In contrast, GM reported a nearly 13% drop […]]]>

The Japanese automaker, which has struggled for decades to expand its presence in the United States, sold approximately 114,000 vehicles to GM in 2021. Toyota’s total sales in the United States of 2 , 3 million, were up about 10% from 2020, the company said on Tuesday.

In contrast, GM reported a nearly 13% drop in earnings for a total of 2.2 million vehicles sold in 2021, as the semiconductor shortage had a bigger impact on the company’s manufacturing operations. business and left dealerships with fewer vehicles to sell. GM has been the No. 1 car seller in the United States since 1931, according to trade publication Automotive News.

Toyota profited greatly from its decision to stockpile computer chips, which are used in a range of vehicle electronics. It bet earlier than most other automakers on a recovery in the US auto market and cut parts and production orders less sharply than its competitors, better preparing it for a possible increase in consumer demand.

While Toyota executives say they managed to overcome some of the supply chain constraints of the past year, they don’t see the lead over GM as a permanent change in the industry’s closely watched sales rankings. .

“To be clear, that’s not our goal, and we don’t see it as sustainable,” said Jack Hollis, senior vice president of Toyota operations in North America. He added that the company doesn’t expect to use its dethronement from GM last year in its advertising.

A GM spokesperson declined to comment on the company’s sales rankings. He said GM has prioritized its best-selling products – large pickup trucks and sport utility vehicles – and expects sales growth this year as the chip shortage subsides.

Other foreign automakers and electric car maker Tesla Inc.

TSLA -4.18%

It also increased its sales in the United States in 2021, siphoning off market share in Detroit, according to company reports and analyst forecasts.

Hyundai engine Co.

of South Korea, for the second year in a row, recorded significant market share gains, selling 738,081 vehicles in 2021 and increasing sales by about 19% from the previous year, the company said on Tuesday. Mazda engine Corp.

and Honda engine Co.

also recorded above-average sales last year, according to the company’s results.

Need more power? Fancy automated driving? Automakers like Dodge, Polestar, and Jeep are exploring live updates like these as a way to generate new revenue streams and build brand loyalty. George Downs of the WSJ is investigating whether automakers are good at software development. Photographic illustration: George Downs

Research firm Cox Automotive estimates that Tesla’s sales in the United States jumped 61% from the previous year, achieving the biggest percentage gain among automakers. Tesla does not allocate sales to the United States.

Overall, automakers sold just under 15 million vehicles in the United States last year, according to a forecast from research firm JD Power. That total is believed to be up slightly from 2020, when the onset of the Covid-19 pandemic hurt car sales for part of this year. But that’s a steep drop from the 17 million vehicle mark the industry had eclipsed for five consecutive years previously.

Auto stocks rallied on Tuesday after the latest sales results and news that Ford Motor Co.

plans to double the production of its new all-electric truck, after an increase in reservations.

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Ford‘s

the stock closed almost 12% higher on Tuesday. GM shares rose 7.5%, while Toyota’s U.S. certificates of deposit hit a new record high of $ 199.19, up nearly 7% at Tuesday’s close.

Vehicle sales in the United States hit a breakneck pace last spring as American car buyers surfaced, seeking to spend their savings from the pandemic lockdown on new wheels. But in the summer, the chip shortage that had hampered factory hours around the world resulted in near-bare dealer batches, dragging down sales in the second half of 2021.

Forecasters expect another moderate year of vehicle sales, although the chip shortage is expected to gradually ease in the coming months. Auto executives have said it could take a whole year to significantly replenish dealer inventories, which would likely reduce sales despite what dealers say is strong underlying demand.

Edmunds.com expects US sales to reach 15.2 million vehicles in 2022, up slightly from final numbers expected last year. RBC Capital analysts are more bullish, putting the total at around 15.8 million vehicles, with an increase expected later in the year as supply improves.

GM has been among the hardest hit by the chip shortage and other supply chain issues.


Photo:

Mario Tama / Getty Images

Toyota executives said they expected US auto sales to hit around 16.5 million vehicles this year, driven by historically low interest rates, record market performance and higher savings rates that would help support buyers.

High prices are expected to persist, as the seller’s market created by the inventory crisis continues, analysts said. The average price paid for a new vehicle hit a record $ 45,700 in December, up 20% from a year earlier, JD Power estimates.

Record prices for used vehicles are contributing to strong new car prices, JD Power said, as buyers who trade in their old vehicles have more money to work on. The average trade-in vehicle in December was worth about $ 10,200, down from about $ 4,600 a year earlier, the company said.

“Suppressed consumer demand will keep inventory levels near all-time lows,” which will likely lead to more record-breaking prices this year, said Thomas King, president of data and analytics at JD Power.

The uneven disruption of production schedules has blurred the pecking order among automakers in 2021. While chip shortages and other supply chain issues have affected all automakers, GM and Ford have been among the hardest hit, each having scrapped more than 600,000 vehicles planned in North America, according to research firm AutoForecast Solutions LLC.

Stellantis NV, the global automaker that owns Jeep, Ram and other auto brands sold in the United States, has also been disproportionately affected by the chip crisis. It said total US sales of around 1.78 million for 2021, down 2% from the previous year.

Ford plans to release 2021 sales results on Wednesday.

On Tuesday, the Dearborn, Mich., Automaker said it plans to double its manufacturing target for its new electric version of the F-150 pickup truck to 150,000 per year. Ford said the increased production plans reflect strong demand for the model, with around 200,000 reservations placed to purchase one of the trucks.

Other sales winners included Asian and European brands, as well as Tesla, which said on Sunday that global deliveries jumped 87% in 2021, to 936,000 vehicles. Tesla does not break down the sales figures at the regional level. Cox estimated that its market share in the United States fell from 1.4% to 2.2% last year, roughly the same with Mercedes-Benz.

Randy Parker, head of national sales for Hyundai Motor America, said the automaker has taken several steps to address market challenges, including relying more on online sales operations and encouraging dealers to align sales for vehicles that have not yet reached the lot.

He said he expects Hyundai to continue ramping up efforts through 2022, with the aim of building on its recent market share gains.

“I don’t believe in coincidences,” Mr. Parker said. “I think we have adapted extremely well to the crisis. ”

contributed to this article.

How the global flea shortage is affecting you

Write to Mike Colias at Mike.Colias@wsj.com and Christina Rogers at christina.rogers@wsj.com

Copyright © 2022 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8


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It is the largest automotive company in the world – 24/7 Wall St. https://taxis4smartcities.org/it-is-the-largest-automotive-company-in-the-world-24-7-wall-st/ Sun, 02 Jan 2022 23:00:01 +0000 https://taxis4smartcities.org/it-is-the-largest-automotive-company-in-the-world-24-7-wall-st/ There was a time when the automotive world seemed to revolve around the “big three” of Detroit, General Motors, Ford and Chrysler. The US auto market was by far the largest in the world, much larger than that of Japan or China, and it eclipsed car sales in any European country. The US-centric view of […]]]>

There was a time when the automotive world seemed to revolve around the “big three” of Detroit, General Motors, Ford and Chrysler. The US auto market was by far the largest in the world, much larger than that of Japan or China, and it eclipsed car sales in any European country.

The US-centric view of the automotive world is no longer accurate and has not been so for about 50 years. China is now the world’s largest automobile market. Domestic automakers sell fewer vehicles than some Japanese and German brands, even in the US market. Recently, Toyota has started selling more cars per month in America than GM, and in terms of revenue, it is now the largest automaker in the world.

UK-based price comparison and switching site USwitch’s just released Car brand profits Research report points out that around 56 million cars and light trucks were sold worldwide last year. The companies that control a large portion of these sales have multiple brands. Some of their cars have different brands from country to country.

Dutch auto company Stellantis, for example, owns Chrysler and its Jeep, Dodge and Ram brands, as well as European banners such as Alfa Romeo, Fiat, Maserati and Peugeot. The German Volkswagen owns Audi, Bentley, Bugatti, Lamborghini, Porsche, Seat, Cupra, Ruf and Škoda, as well as VW itself. (Some of them are among the most expensive cars in America.)

In fact, most of the world’s largest automakers are no longer American owned. Two of the world’s largest automakers are German and three are Japanese. US automakers are not among the top five in the world based on figures from last year.

The landscape of the automotive brand world is also being changed by the rise in sales of electric vehicles. Tesla was a small auto company five years ago. In its last quarter, it posted sales of nearly $ 14 billion and became the world’s 16th largest automaker, ahead of two major Chinese automakers. (They are the most innovative car manufacturers in the world.)

To determine the world’s largest automakers by revenue, 24/7 WallSt looked at the USwitch Car Brand Earnings report for 2021. The results show that the world’s largest automaker last year was Toyota, with sales of $ 270 billion. It was followed by Volkswagen at $ 250 billion.

Click here to see the world’s largest automotive company


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