 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| . |  |
. |
 by AFP Staff Writers New York (AFP) July 2, 2022
Tesla's deliveries of electric vehicles fell in the second quarter compared to the previous one due mainly to a weeks-long closure of its factory in China, the company said Saturday. Elon Musk's enterprise delivered 254,695 vehicles from April to June, it said in a statement. That's 27 percent more than the same period a year ago but down 18 percent from the January-to-March quarter of 2022 and the first such decline in more than two years. This marks a disappointment for a company that says it is posting strong growth, touting the opening of two new factories this year, in Germany and Texas. The drop in deliveries was bigger than that anticipated by analysts, who had expected 264,000 vehicles to be handed over to buyers, according to FactSet, a financial data and software company. Tesla warned in April that supply chain snarls hitting the auto industry in general would keep disrupting the company's production until the end of the year. Still, it delivered a record number of cars in the first quarter of 2022. But in the second quarter Tesla had to grapple with the closure of its Shanghai factory for several weeks because of strict lockdown measures in China due to a surge in Covid-19 cases. In its statement Saturday the company said it produced 258,000 vehicles in the second quarter "despite ongoing supply chain challenges and factory shutdowns beyond our control." It also said June was the highest vehicle production month in Tesla's history. Elsewhere in the industry, General Motors and Toyota saw their second quarter sales in the United States drop by 15 percent and 23 percent respectively, compared to the same period in 2021. jum/dw/mlm
German prosecutors raid Hyundai-Kia over diesel cheating Frankfurt (AFP) June 29, 2022 German persecutors have raided the offices of South Korean auto group Hyundai-Kia and a supplier over alleged diesel-emissions cheating affecting more than 210,000 vehicles. Investigators searched eight locations in Germany and Luxembourg, Frankfurt prosecutors said in a statement sent to AFP Wednesday. Working together with authorities in Luxembourg, the raids were aimed at securing "communications, software and planning documents" in relation to the emissions-cheating accusations. Specific ... read more
|
|||||||||||||
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |
del.icio.us
Digg
Reddit
Google
