The US auto industry has been worried for most of this year thanks to President Trump and his desire to “shake things up”. If the 25% tariff on imported cars is fully implemented it will hurt a lot of people in different ways. On one side, importers are worried that sales would drop off considerably as buyers delay purchases of new vehicles. Most people who buy an import are … [Read more...]
The Mess Tesla Is In
A few weeks ago Motoring Weekly published an article about the recent behaviour of Elon Musk, the founder, Chairman and CEO of Tesla. In that article, was a comment about the Securities and Exchange Commission (SEC) in the US investigating his announcement that he had secured funding to take Tesla private. He tweeted the price he expected to get and did this without the … [Read more...]
Subscription Ownership
Motoring Weekly has written about subscription contracts for vehicles in recent months. This is the next big idea for the automotive industry and one that has been in the technology market for decades. It is similar to a leasing plan only the idea is that the vehicle is replaced during the life of the subscription rather than at the end of the lease. The sales pitch has often … [Read more...]
e-Scooters in the US
I have been reading lots of reports from the US about e-scooters recently. The scooters I am referring to are those small wheeled devices that children typically ride about on and they use one foot for power - not what the rest of the world calls a scooter i.e. a Vespa or Lambretta style machine. An e-scooter is a battery powered version of the smaller machine with about a … [Read more...]
New York Caps Ride-Share Vehicle Numbers
In a recent article on Motoring Weekly, we wrote about the huge difference between the numbers of ride-share cars and taxi cabs on New York’s streets - only 20% of the total vehicles are cabs. Like other cities across the world, the taxi industry has been battling with the Ubers and Lyfts of the world, mainly because ride-sharing was originally designed as a way to reduce the … [Read more...]