BYD is one of Chinas’s largest non-government controlled automakers. Wang Chuanfu is chairman of BYD, a company that is 9.9% owned by a subsidiary of Warren Buffett’s Berkshire Hathaway. Wang has seen the price, and his net worth, go up and down as the price of the stock he owns fluctuates. According to Forbes, in [...]
John Batchelor, host of the John Batchelor radio, talked to Lou Ann Hammond, CEO, www.drivingthenation.com about Tesla doing well, CODA going bankrupt. Tesla announced offerings of 2,703,027 shares of common stock and $450 million aggregate principal amount of convertible senior notes due 2018 in concurrent underwritten registered public offerings. Musk owns over 26% of Tesla’s [...]
Shanghai, China – Micheal Austin, BYD’s Vice President, BYD of America, talked to Lou Ann Hammond, CEO, www.drivingthenation.com about BYD products in America, and the Qin (pronounced Ching) that will come to the United States in a couple years. The Qin is named in honor of the Qin (or Ching) dynasty. Austin explains a brief [...]
Mr. Harald J. Wester, Chief Executive of Maserati GB Ltd. Mr. Wester and Chief Executive of Alfa Romeo at Fiat S.p.A talked to Lou Ann Hammond, CEO, www.drivingthenation.com about the Maserati Ghibli, Maserati and China. Maserati was purchased by Fiat in 1993. Maserati increased sales 2% from 2011 to 2012, with the United States having [...]
John Batchelor, host of the John Batchelor radio show, talked to Lou Ann Hammond, CEO, www.drivingthenation.com about tesla talking to Google about autonomous vehicles, and Audi’s car commercial that star Zachary Quinto and Leonard Nimoy. Google was the first autonomous vehicle to get a license to drive their autonomous vehicles in Nevada, Audi was the [...]
Tom Libby, Senior forecasting analyst for R. L. Polk talked to Lou Ann Hammond, CEO, www.drivingthenation.com, about the auto industry. California usually garners 12% of auto sales. How is California doing? How are hybrid sales? Are people switching back to internal combustion engines from hybrids or electric vehicles? When will hybrids and EVs make up [...]
April 30, 2013 – According to China’s air quality index today in Shanghai, the air quality is 151, putting the air color in the red zone. The website, aqicn.com, explains the red zone as “Everyone may begin to experience health effects; members of sensitive groups may experience more serious health effects.” The particulate matters are [...]
Host John Batchelor talked to Lou Ann Hammond, CEO, www.drivingthenation.com, about the 2013 Shanghai auto show. Batchelor had heard that Great Wall Motors, the largest SUV maker in China, would be the first Chinese automaker to enter the United States in volume. The key word is in volume. BYD’s Chairman Wang says they will start [...]
Long Beach Transit Board of Directors voted to recommend BYD Motors as the provider of 10 full-electric buses for Long Beach, CA, a city 30 miles south of Los Angeles, CA. On the last day of Governor Brown’s visit to China he announced that BYD buses will be assembled in Lancaster, CA. On May 1, [...]
Lou Ann Hammond undefined: Good morning Warren and friends Today we have as a guest, Michael Austin, Vice President of BYD Co. BYD is around 25% owned by Chairman Chuan Fu Wang, and 9.9% owned by Warren Buffett’s Mid American Energy Holding Co. 50% of the stock holdings are US owned. BYD Co., a company [...]
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