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...“Xiaomi Auto is striving for the ascendancy of China’s auto industry,” Lei said....
...The Office for Budget Responsibility cut its forecast for electric vehicle sales to 38 per cent of new car sales in 2027, compared with its estimate of 67 per cent in March....
...Renault’s Dacia brand this week announced that its Spring budget EV, which is imported from China, would be sold for under £15,000 in the UK....
...The Detroit carmaker withdrew its guidance in the third quarter because of the six-week United Auto Workers strike....
...But employers probably see undermining the agency as a way to contain a labour movement that is celebrating major wins for employees such as auto workers and actors, he said....
...The government had to freeze the funds and plug the resulting €17bn hole in its budget with austerity measures....
...In one sense, the companies are obvious rivals: each owns about a dozen brands from supercars such as VW’s Lamborghini and Stellantis’s Maserati down to more budget offerings....
...In addition to normal watch functions, it is armed with all the fitness- and health-tracking features one would expect, including integrated GPS, ECG, auto-diving feature....
...In Britain’s NHS, the auto-generation of cumbersome patient forms could free up time for nurses and clinicians, while machine learning could also help hospitals to manage capacity better....
...In the decade since auto enrolment came in, many workers have ended up with a ragbag of pensions from different jobs....
...But that has changed as the government rolls back its stimulus packages and stubbornly high inflation strains household budgets....
...Many of the bigger companies going bust last year were fashion retailers, transport providers, real estate companies and auto suppliers....
...US consumers paid almost 50 per cent more in credit card expenses last year than in 2020, the year before President Joe Biden took office, putting pressure on family budgets and firing up an election issue...
...Hong Kong: Financial secretary Paul Chan Mo-po presents the 2024-25 Budget to the Legislative Council. Five more top stories 1....
...GM reached a tentative deal with the United Auto Workers union in late October, as did competitors Ford and Stellantis....
...A total of 117 MPs across all major political parties have written to the chancellor Jeremy Hunt urging him to allocate funding to compensate victims of the infected blood scandal in his spring Budget next...
...‘There is no work to balance’: how shrinking budgets, Covid and AI shook up life in consulting....
...However, they are seen as a proxy for the wider UK economy, and the Office for Budget Responsibility’s downgraded estimates on Wednesday were hardly encouraging....
...Need to know: UK and Europe economy The UK’s tax burden will hit a record high as a share of national income, no matter what chancellor Jeremy Hunt announces in next week’s Budget, according to new analysis...
...The unit has shed more than 2mn policyholders this year and slashed its advertising budget as it focuses on insurance contracts it believes it can profit from....
...Auto-enrolment has been an unmitigated policy success in bringing millions of workers inside the tent of pension savings....
...Delinquencies are rising again for credit cards and auto loans....
...Subprime auto loan delinquencies have hit a multi-decade high. Citigroup’s third-quarter call mentioned “cracks” among card customers with lower credit scores....
...However, the Treasury is still braced for a significantly larger increase in state pensions than it had planned at the time of the Budget in March....
...The best-selling budget electric car in China sells for about $5,000. A fall in prices to such affordable levels helped almost double China’s passenger electric vehicle sales last year....
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