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New owner of UK dealerships will close marketplace for second-hand cars following pandemic-era slump in supply
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...When brought back to the subject of automobiles, Musk wouldn’t be drawn on Tesla’s plans for new models or what specifically was meant by the reference in the results statement to a “more affordable” vehicle...
Japanese carmaker’s conservative strategy has been criticised amid rapid shift to electric vehicles
At-home exercise equipment seems to have been just a Covid lockdown fad, and cars a necessity
...The number of ICE car dealerships in China slid 2.7 per cent year on year in 2023, compared with a 17.2 per cent rise in EV dealerships, data from the China Automobile Dealers Association showed....
Nissan, Hyundai and Ford focus on tapping resurgent demand for so-called stop-gap vehicles
US labour unions are using a German supply chain regulation to take on Mercedes
Automakers plan local operations to break into market dominated by Japanese players
Also in this newsletter: sharp increase in military spending, Exxon speaks out to defend plastics, flying taxis
US carmaker will also push back ‘irrelevant’ target of selling only electric cars in Europe by 2030
World’s largest carmaker forecasts a 20% decline in annual profit as it invests in electric vehicles and AI
Elon Musk sends confusing message on earnings call
Chinese carmaker plans multibillion-euro investment into factories, marketing and dealers
Investment in start-up that makes self-driving software represents Europe’s largest AI funding deal to date
And does leadership diversity boost margins?
Sustained fall would raise questions over future ability of ambitious Chinese automaker to tap public markets
European carmakers should use this market slowdown to play catch-up with Chinese rivals
Shares drop after car sales slip in first quarter
British carmaker reports £138.8mn pre-tax loss as it wrestles with debt
New levies and fees worldwide add cost to electric-car buyers as sales growth cools
Car group has launched several collections but luxury market is becoming more challenging
Swedish carmaker looking to sell stake in spun-out group to its Chinese parent Geely
Bad driving is probably playing a bigger role in the fatality rate than larger cars and longer journeys
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