UAW Wipes Out $20 Billion of Ford, GM Market Cap; Cali Green Lights AVs – Autoline Daily 3625

Autoline reports breaking global car news, with great insight and analysis. Also, top auto executive interviews. We cover electric vehicles (EV), autonomous vechicles (AV) and internal combustion engine technology (ICE), as well as car sales & financial earnings snd new car reviews.

0:00 UAW Wipes Out $20 Billion Of Ford, GM Market Cap
1:24 Chinese OEMs Should Demolish Foreign Automakers: BYD
2:23 EV Sales Not Falling in U.S.
3:15 California Gives Robotaxis The Green Light
4:03 Ford Targets $5,000/Truck in Software Services
5:12 Ford Issues Software Hack Patch
6:08 Auto Industry Races into Silicon Carbide
6:57 Baojun Seats Are as Comfy as They Come
8:04 Honda Recycles Work Uniforms into Sound Insulation

Story Links:
– UAW Wipes Out Ford & GM Market Cap: https://www.bloomberg.com/news/articles/2023-08-08/uaw-contract-demands-would-add-80-billion-to-us-automaker-costs

– BYD Wants Chinese Brands to Join Together: https://www.reuters.com/business/autos-transportation/byd-calls-china-automakers-unite-demolish-old-global-push-2023-08-11/

– U.S. EV Sales Not Falling: https://www.autonews.com/sales/jump-ev-inventory-does-not-indicate-weak-demand

– Cali Green Lights AVs: https://www.ft.com/content/a8de16bd-ffd0-41a8-b4af-f9b69fb4e304

– Ford Pro Wants to Boost Revenue $4,000-$5,000 per Vehicle: https://www.reuters.com/business/autos-transportation/ford-exec-expects-software-boost-revenue-commercial-trucks-vans-2023-08-10/

– Ford Working on Software Patch for Hack: https://media.ford.com/content/fordmedia/fna/us/en/news/2023/08/10/ford_provides-customer-guidance-in-response-to-supplier-disclosu.html

– Suppliers Race to Make More Chips: https://www.autonews.com/suppliers/evs-have-suppliers-rushing-silicon-carbide-chip-supplies

– Baojun Yun Duo: https://pressroom.gm.com/gmbx/cn/en/pressroom/home/news.detail.html/Pages/news/cn/en/2023/aug/0810-baojun-yun-duo.html

– Honda Turns Old Uniforms in Sound Insulation: https://hondanews.com/en-US/honda-corporate/releases/release-5003aaa39c009393f5d06d620f07d401-from-shirts-to-insulators-recycled-honda-uniforms-find-new-utility-in-vehicles

– To read the transcript for today’s show click here: http://www.autoline.tv/daily/?p=88511#more-88511

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