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Daily Newsletter

06 October 2023

Daily Newsletter

06 October 2023

Signal: Mark Fields on UAW, change of guard at RR and VW warns EU on China – as seen through ‘X’

Each week, Just Auto’s journalists select tweets that have caught our eye

David Leggett October 06 2023

Our selected Tweets (from ‘X’) this week:

Former Ford CEO Mark Fields warns that UAW president Shawn Fain may have raised his members expectations too high. The automaker made a new offer to the union on Tuesday (3 October).

Hyundai becomes the latest automaker to adopt Tesla’s NACS plug. Hyundai drivers will gain access to Tesla’s Supercharger network of 12,000 chargers across North America.

Torsten Müller-Ötvös is to retire as CEO of Rolls-Royce on 30 November 2023. Torsten joined the automaker in 2010, and is its longest-serving CEO since Claude Johnson, who brought Charles Rolls and Henry Royce together in 1904.

Volkswagen is eyeing Tesla in the EV race. Wolfsburg has also hired a former Tesla executive.

A debate that will run and run, with different perspectives coming through. A cautious view on China trade and European competitiveness - coming from VW.

Is this a go'er for future urban travel?

Now this is what you call taking matters into your own hands. A Nigerian entrepreneur has been converting mini-buses into electric vehicles!

Check your glove compartment. There may well be a disguised clutch bag in there...

Celebs and their cars back in the 80s.

Our signals coverage is powered by GlobalData’s Thematic Engine, which tags millions of data items across six alternative datasets — patents, jobs, deals, company filings, social media mentions and news — to themes, sectors and companies. These signals enhance our predictive capabilities, helping us to identify the most disruptive threats across each of the sectors we cover and the companies best placed to succeed. 

Metaverse has the potential to disrupt all stages of the automotive value chain

Although the impact of the metaverse on the automotive industry is minor so far, this technology promises to make digital media experiences more immersive, inclusive, and accessible than today. Its impacts will be particularly felt by OEMs and sales and marketing. As the light vehicle market becomes increasingly saturated, investment will be redirected towards improving in-car media and safety features, leading to an increasingly connected vehicle network.

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