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 [...]
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 [...]
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 [...]
Timothy Kuniskis, recently named President and CEO of the Dodge Brand, is the former head of the FIAT Brand for North America. Before he left Fiat, Kuniskis talked to Lou Ann Hammond, CEO, www.drivingthenation.com about the 2013 Fiat 500E. Fiat gives you two options, buy or lease. The Fiat 500E goes on sale this summer, [...]
Car companies make mistakes all the time: some on the hardware, some on the software and some on the design. The difference between an established company making a mistake and a start-up company making a mistake is the ability to bounce back financially. The issue of bankruptcy is not because the Fisker Karma is an [...]
George Blankenship, Tesla Motors, Vice President, Sales & Ownership Experience, talked to Lou Ann Hammond, CEO, www.drivingthenation.com, about the Tesla S. What countries is Tesla selling in now? How many stores does Tesla have in the United States? Blankenship says they have sold 2,500 Tesla Roadsters and are winding the Roadster down and gearing up [...]
From the John Batchelor radio show website: Thursday 14 March 2013 / Hour 4, Block A: LouAnn Hammond, DrivingtheNation.com, in re:TESLA Lays off 100 Workers Due to New York Times Article Cancellations … TESLA Lays off 100 Workers Due to NYT Article Cancellations? … no idea of the scope of the cancellations, judging by the [...]
It’s too bad that both The New York Times and Elon Musk, Co-founder and Owner of Tesla Motors, have lost sight of the story that was supposed to be written. One has to wonder how much of this Tempest in a Teapot is the new-fashioned click-through digital war this world has become. It was supposed [...]
Washington, DC – In what will probably be his last auto show as the Secretary for the Department of Energy (DOE), Dr. Steven Chu started his 2013 Washington Auto Show speech with an amazing fact, “We (the United States) spend roughly $1 billion dollars a day on foreign oil.” Acting on behalf of the Obama [...]
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