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...The new owner of UK car dealerships Stratstone and Evans Halshaw is preparing to cut hundreds of jobs after a collapse in the supply of used cars following the coronavirus pandemic....
...And that will be how cars work. You just summon the car using your phone. You get in. It takes you to a destination. You get out....
...Seamless connections between cars and smartphones, artificial intelligence-enabled online connectivity, assisted driving systems and in-car entertainment functions are important factors when choosing which...
...What has happened to the demand for luxury cars?...
...UK car insurance prices fell at the start of the year in the first quarter-on-quarter drop in more than two years, signalling some relief for households after costs hit an all-time high last year....
...Your leader (“The electric vehicle revolution is running out of steam”, FT View, April 11) highlights the shortage of public charging points as a major reason for customers’ reluctance to buy electric cars...
...Last year, China produced 17.7mn cars with internal combustion engines for the local market, a 37 per cent fall from 28.3mn in 2017....
...Ferrari’s chief executive Benedetto Vigna says he hopes one day to sell a $10bn car....
...Khan, who has emphasised the need to reduce road emissions to reach ambitious net zero targets, said 95 per cent of cars in London were now Ulez compliant....
...And Musk’s outspoken posts on his social media platform X risk denting his car company’s brand....
...Car-carrier companies operate a total of 776 ships for cars, trucks and other roll-on, roll-off cargo such as agricultural machinery....
...The case dates back to 2018 when the billionaire — who runs the electric-car maker Tesla — shook Wall Street with a tweet declaring: “Am considering taking Tesla private at $420. Funding secured.”...
From Henri Chua, London N19, UK
...— Why China keeps making more cars than it needs (WSJ) — Private equity and the threat of an all-too-public problem (The TImes $) — Fidelity Reminds ETF Industry It Doesn’t Have To Care (Epsilon Theory...
...But if they sell a better car that also undercuts the west, it’s impossible to catch up.”...
...But one day, he says, Tesla and SpaceX may create something that is not “even really a car”. The Technoking is the reason Tesla remains the most distinctive car company in the world....
...The company sold about 174,000 cars, trucks and SUVs last month. Sales of SUVs rose 24 per cent to nearly 69,000 vehicles sold....
...On Sunday, Tesla’s electric vehicles were included on a list of more than 70 car models that have been tested for data security compliance by a Chinese industry group....
...Aston Martin is poised to name Bentley head Adrian Hallmark as its latest chief executive, the third change of leadership at the UK luxury-car maker in the space of four years, according to two people....
...Despite cutting debt interest spending, cash outflows at the company rose to £360mn from £298mn a year earlier, because of spending on new models and delays to some of its cars....
...Volvo Cars will stop funding its Polestar electric sports car brand and look at selling its shareholding to parent company Geely, as its latest results showed profits had been dragged down by the lossmaking...
...Brussels’s blockbuster anti-subsidy investigation into Chinese electric cars is expected to conclude within weeks, but researchers at the Rhodium Group say any punitive action is likely to be too timid to...
...Mathias Miedreich, chief executive of Umicore, said sales of Chinese electric cars were surging in contrast to the US because of better performance and affordability....
...Apple has cancelled its efforts to build an electric car as it pivots to focus research funding on generative artificial intelligence, according to a person familiar with the matter....
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