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AD #3763 - Tesla Berlin Down Longer Than Expected; GM Closer to Offering Military Vehicles to UAE; Rivian Cuts Shift on Efficiency Gains

AD #3763 - Tesla Berlin Down Longer Than Expected; GM Closer to Offering Military Vehicles to UAE; Rivian Cuts Shift on Efficiency Gains

Autoline Daily Mar 07, 2024 9 min
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About this episode

Tesla Berlin's production halt extends due to environmentalist attacks, causing significant revenue loss. Japanese automakers face market jitters as the Bank of Japan hints at raising interest rates, potentially strengthening the yen. Major investments pour into Brazil's auto sector, focusing on ethanol and hybrid vehicles. GM Defense successfully tests its Infantry Squad Vehicle in the UAE, aiming for regional military contracts. Rivian cuts its third shift to boost efficiency without layoffs. Tesla introduces a cargo-focused Model Y variant in France and offers supercharger incentives in the US. Chinese automaker Great Wall enters South Africa's luxury SUV market.

Topics: tesla berlin shutdown bank of japan interest rates japanese automakers stock impact brazil automotive investment gm defense military vehicles rivian production changes tesla commercial evs drunk driving detection technology great wall motor south africa electric heavy duty trucks
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