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...The effects on Ford’s bottom line will be “relatively minor,” Jonas says. But he has his doubts about the legacy automakers’ competitive edge....
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...A version of this article was first published by Nikkei Asia on January 13 2023. ©2023 Nikkei Inc....
...“You still have to cover the market for what people can afford,” General Motors chief executive Mary Barra told investors last month....
...However, Musk said any effect on Tesla’s bottom line from the Cybertruck would not be felt until 2024. “The start of production is always very slow,” he said....
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...Hyundai Motor and affiliate Kia have taken over the number two spot, behind Tesla, in the US electric car market by sales volume this year....
...Motor insurer Direct Line had the good sense to “kitchen sink” most of the bad news in its statement in an earlier trading update, which meant its inability to match premium price increases with inflation...
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...The line may not yet be drawn under the past. Further investigations into the activity of Glencore executives, past and present, could take place....
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