Apr 30, 2:20 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Arthur Villasanta 04/29/19 AT 11:35 PM In a clear sign its ramping-up production of its electric vehicles (EVs), Tesla Inc. has registered 39,680 new Model 3s with the U.S. National Highway Traffic Safety Administration (NHTSA). A significant portion of these cars are destined for Europe, where the Model 3 became the best selling EV in the first quarter.This huge number is the largest Tesla has registered with the NHTSA since registering a batch of 407,324 EVs. When producing vehicles in the U.S., all automakers have to register the cars’ Vehicle Identification Numbers (VIN) with the NHTSA. Analysts use these VIN numbers to calculate key information about the cars being produced.By registering these 39,680 new Model 3s, Tesla is confirming these vehicles’ production over the next few weeks, said analysts. Some 40 percent of the newly registered Model … [Read more...] about Tesla Gets Massive Model 3 Orders As Sales In Western Europe Surge
Samsung likes to push the boundaries of what's possible on mobile phones. After pioneering big screens with the Note series and later, curved screens with the Galaxy Round and the Note Edge, Samsung is back at it with its folding device. If you're based in (mostly Western) Europe, you can pre-order the Galaxy Fold starting April 26, or buy it when it launches in retail on May 3. Today, the Korean company announced its retail partners and the 15 countries it'll sell the phone in. The device will be available in the United Kingdom, Germany, France, Italy, Spain, Sweden, Norway, Finland, Denmark, Belgium, Netherlands, Poland, Austria, Switzerland, and Romania. This leaves most of the Eastern European countries out of the loop, which unfortunately happens all too often. Retail partners include German carriers Deutsche Telekom, Vodafone, and O2, Belgian Proximus, as well as — guess the country — Swisscom, Sunrise, and Mobilezone. As we reported before, the Fold … [Read more...] about Samsung Galaxy Fold will come to 15 countries in Europe, starting at a whopping €2,000
Sections SEARCH Skip to content Skip to site index Business Subscribe Log In Log In Today’s Paper Business | What’s Driving Automakers Out of Europe? Advertisement Supported by Blame has been cast on events like Brexit, but there are other changes that are reshaping the industry globally. ByAmie Tsang March 15, 2019 Automakers, in quick succession, have moved in recent weeks to end parts of their operations in Europe. Nissan is the latest: On Tuesday, it confirmed that it would cease assembling Infiniti cars at its plant in northeast England. The moves, during Britain’s wrenching debate over its departure from the European Union, known as Brexit, have raised the question: Is Brexit forcing the carmaking industry out of Britain? It’s not quite so simple. Traditional car manufacturers, As automakers allocate resources, they have been balancing the need to respond to these changes with … [Read more...] about What’s Driving Automakers Out of Europe?
Sometimes, it's wiser to leave a market than to stay and waste precious time and money fighting an uphill battle. Infiniti announced on Tuesday that it intends to withdraw from Western Europe in 2020. The first step will be to end of its Q30 and QX30 production lines in Sunderland, England, which will happen by the middle of this year. The automaker said it's working to find other jobs for employees that might be affected, and once that's done, it'll focus on ending franchise agreements.Infiniti said this decision was part of a restructuring plan that allows it to focus purely on its most active markets -- namely, North America and China. And while Infiniti plans to leave Western Europe, it will stay active in Eastern Europe, in addition to Asia and the Middle East. Even though this seems sudden, it's not like Infiniti is abandoning the region entirely. It will still have a presence in terms of service, maintenance and warranty repairs, although it's unclear if they'll be … [Read more...] about Infiniti kicks Western Europe to the curb amid restructuring
Hungarian Prime Minister Viktor Orbán has slammed accusations that his country is anti-Semitic, saying that mass migration has led to a true rise in anti-Semitism in Western Europe. The Hungarian leader’s remarks came after he was questioned about anti-semitism in Hungary and accusations of anti-Semitism over his campaigns against the influence of left-wing billionaire George Soros in an interview with Germany’s Welt.“The international aspect doesn’t interest me all that much. Hungarian Jews enjoy the protection of the government. Also, we conduct a consistently pro-Israeli foreign policy,” Orbán said and added, “Because we are convinced that the existence of a Jewish state is not only important for European Jews but that the security of Israel is a key question for the stability of Europe.” Admitting that Hungary has had an anti-semitic Christian right in the past, the Hungarian prime minister said, … [Read more...] about Orban: Hungary Is Defeating Anti-Semitism While Western Europe Imports It