The name’s Latin origins pay tribute to the wealthy historical past of its founding corporations while the evocation of astronomy captures the true spirit of optimism, energy and renewal driving this industry-changing merger. Honda Motor Co. on Monday began selling new vehicles online, turning into the primary main Japanese vehicle manufacturer to permit clients within the home market to complete the whole process on-line from consultations to contracts. One problem is that the auto trade is deeply interconnected throughout North America. Suppliers in several states and international locations — covered by completely different lockdown orders — must return at roughly the same time for provide chains to operate easily. Tesla briefly held the title of essentially the most priceless car producer in the U.S. earlier this 12 months. That valuation had nothing to do with the variety of automobiles Elon Musk’s firm was selling, which was a fraction of the output of established automakers like GM or Ford. Instead, Tesla’s value was driven by the perception that it is higher positioned to produce all-electric cars than OG automakers going forward.

On the alternative aspect of that, the dealership is speculating that it may possibly sell each vehicle it orders. There …