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...to report a decline in profits, while its shares have declined almost 40 per cent so far this year to 44 cents a share and it continues to cut prices in an effort to stimulate waning demand for electric vehicles...
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...Lamborghini, 90 per cent whose Korea sales last year were as company vehicles, recorded a 22 per cent fall in the first quarter from a year earlier....
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...One client, from a US tech company, studied aerodynamics and opted to draw his own vehicle, which Ferrari made....
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...Known as “Project Titan”, Apple’s electric vehicle project was an example of its attempts to diversify beyond its hit product, the iPhone, which still makes up about half of its global sales....
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