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...Eurozone price growth was 2.6 per cent in February, down from an all-time peak of 10.6 per cent in 2022....
...A version of this article was first published by Nikkei Asia on May 1. ©2024 Nikkei Inc. All rights reserved....
...Musk in 2021 said Tesla had set up a data centre in China to localise “all data generated from our business here, including production, sales, service, and charging”....
...Morgan Stanley’s autos analyst has been moved to aphorise by Elon Musk’s surprise visit to Beijing....
...The news outlet/hedge fund Hunterbrook, in its debut article/short sale, sent the stock of United Wholesale Mortgage down 8 per cent....
...The US regulator said the firm, BF Borgers, and its founder, Ben Borgers, were responsible for “one of the largest wholesale failures by gatekeepers in our financial markets”....
...That would put Tesla’s auto profitability back to where it was in 2017, shortly after the launch of the Model 3. Will the margin guidance be any better? And even if it is, will it be believed?...
...“China has built an industry that can produce excellent cars at truly remarkable price points almost all through the range of products,” said James Anderson, a managing partner at Lingotto Investment Management...
...It buys cars from consumer and wholesale channels and tries to sell them as quickly as possible, capturing the pricing spread (Carvana attempts to sell vehicles within 70 days)....
...The world’s biggest tech show is also a major auto expo, with South Korea’s Kia and Hyundai, Honda of Japan and Mercedes-Benz of Germany all taking part along with numerous suppliers....
...This shift will have major ramifications for both the auto industry and the energy sector.”...
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
...Set your WhatsApp messages to auto-delete: foreign spies might be reading them....
...That’s one in every seventeen people with a job — 10 per cent of people working in wholesale and retail, and 17 per cent of people in the information and communication industry are directly employed by a...
...Auto-delete settings on messages contribute to their ephemeral, conversational tone. However, the judge described this as the suppression of evidence....
...The vote is a setback for Elon Musk, five years after he stunned the German auto industry by announcing he would build his first gigafactory in Europe next to Berlin, throwing the gauntlet to an industry...
...For all banks, shadow bank financing now makes up more than 6 per cent of all loans, putting it just above auto loans at 5 per cent, and just below credit cards, which crossed $1tn for the first time just...
...Less than two years into entering Thailand, the region’s second-biggest auto market, BYD holds the position as the biggest EV maker and the third-largest automaker for the overall passenger car market, according...
...His Retail, Wholesale and Department Store Union is running campaigns to organise outdoors retailer REI, bookseller Barnes & Noble and Amazon....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...“I think it won’t be rubber stamping [Elon’s wishes] any more,” said Philippe Houchois, auto analyst at Jefferies....
...The leaders of Indonesia, Malaysia and Thailand have all called on Musk to invest in their countries....
...Smart read The boss of French car giant Stellantis has warned that an electric vehicle price war risks creating a “bloodbath” in the auto industry, report Steff Chávez and Peter Campbell....
...“Honestly, we feel like there’s an opportunity for a company from Vietnam like us to be a global company when the auto industry is going through a very structural change,” Thuy said....
...He is effectively China’s Elon . . . if we are looking at branding, looking at bold moves,” said Tu Le, founder of Beijing-based advisory company Sino Auto Insights....
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