Hints and tips:
Related Special Reports
...Blackstone’s flagship property fund failed to generate enough cash to cover its dividend last year, putting strain on a vehicle the private capital group views as a beachhead in the retail investor marketplace...
...Further reading: — What’s going on with US car insurance? — Unhedged episode on auto insurance — Allstate is a BBB credit now — The insurance storm continues — Car insurance! Again!...
...Allstate’s holding company just caught its second credit downgrade to BBB+, three tiers above junk, this time from S&P Ratings....
...China has detained an executive of Evergrande’s vehicle unit, threatening to further complicate the outlook for the restructuring of the world’s most indebted property group....
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...Uchida said on Monday that the company would explore new partners in Japan and the US as it looked to remain a major global player....
...She cited industry data showing theft costs and repair costs had risen a third in a year, and the cost of replacement vehicles had jumped because vehicles were taking longer to repair....
...Surging UK insurance premiums for electric vehicles pose a risk to their widespread adoption, analysts have warned....
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...BLG Logistics, the company that operates the car-handling terminal at the German port of Bremerhaven, Europe’s second-busiest port for vehicles, said it had experienced longer dwell times at its facilities...
...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....
...As higher insurance makes EVs less attractive, adoption rates will adjust accordingly. Are higher insurance rates for EVs a big concern for owners, or just a passing phase?...
...types of vehicles....
...“I still love the company....
...Chinese electric vehicle start-up Nio suffered deepening losses in 2023, as the company struggles to reduce costs while keeping pace in the premium segment of the world’s largest auto market....
...The company, backed by Warren Buffett, overtook Tesla in EV sales during the final quarter of 2023, when it shifted 526,409 electric vehicles compared to 484,507 sold by Tesla between October and December...
...More on the car industry: Aston Martin, the British luxury-car maker, has delayed the launch of its first electric vehicle, the company confirmed today....
...The Ulez charge has come alongside rising premiums for car insurance and higher petrol and diesel costs....
...measures amid a property crisis, weak consumer demand, and low investor confidence....
...It had also seen some examples of companies paying out 70 per cent of the premiums in commission to third parties involved in selling the add-on insurance....
...Insurance companies are fleeing Florida as costs to insure property have increased dramatically....
...One sector that has learnt the lessons of workouts past is UK commercial property....
...The company had developed a new, highly automated way of building vehicles using small-scale factories and pre-made body panels, but the system never produced a working vehicle....
...“Ultimately everyone could be a loser within the Rmb200,000-Rmb300,000 [pure battery-powered vehicle] segment,” he noted....
...A double decker electric bus costs around £450,000, compared with £250,000 for a typical diesel vehicle....
International Edition