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...He predicts a fall in transaction levels from the five-year average of 1.2mn to 950,000-1.15mn a year. However, he also points out that higher borrowing costs won’t be felt equally....
...Tesla started the year with about 100,000 unsold vehicles and added another 45,000 and 50,000 in the first quarter....
...China’s auto exports hit a record 4.9mn last year, up from 1.1mn the year prior, as the nation overtook Japan as the world’s biggest car exporter....
...While the average here is just 185 vehicles per 1,000 inhabitants, there are almost 800 vehicles per 1,000 inhabitants in the USA and around 580 in Germany,” said VW....
...Global energy markets have changed and grown dramatically since the creation of the Strategic Petroleum Reserve (SPR) nearly 50 years ago....
...In the third quarter, hybrid sales increased 47 per cent year on year to 951,000, as total vehicle sales rose 10 per cent....
...The miss was due both to the strike and to 50,000 vehicles that were held at the factory because of quality problems, Lawler said....
...Of BYD’s 243,000 cars exported to more than 50 countries last year, about half were sold in the Asia-Pacific region, followed by Europe, South America and Africa, according to Citigroup....
...Yet while Chinese automakers are already encroaching on European territory, gaining a foothold in the $1.5tn US auto sector is the grand prize, especially given the surplus of manufacturing capacity over...
...The UAW claims 400,000 members in a range of industries, a quarter of the peak of 1.5mn in 1979. Just under 150,000 of those members work at one of the traditional big three carmakers....
...Nearly 50,000 of the UAW’s 146,000 members eventually walked out....
...Makers can charge £30-£50 for a bottle of sparkling, but Awty said “if you charge that much [for a bottle of still], people expect it to be really good”....
...When the votes were counted in the run-off election, Fain eked out a victory by 477 votes, just barely more than 50 per cent....
...Two years later, the supply of vehicles less than $50,000 is selling out in 26 days, while more expensive cars and trucks linger for 40 days....
...GM plans to sell 1mn EVs a year by the end of 2025 and Ford has set a target of 600,000 in 2024....
...The sticker prices of seven F-150 Lightning models will be reduced between $6,079 and $9,979, with the “Pro” base vehicle now falling below $50,000, Ford said on Monday....
...The poorest 50 per cent of households, who have benefited more from one-off government support, would see their disposable income fall by roughly 1 per cent, it said, even assuming that the government raises...
...September’s floods in Libya, which killed thousands of people, were up to 50 times more likely — and up to 50 per cent more intense — than they would have been in a 1.2C cooler climate....
...“Borrowing €800,000 would cost us €500,000 [in interest] compared with €50,000 for €500,000 in 2019,” said Marianne, who asked that her full name not be used. “It just doesn’t make sense....
...The number came in at 339,000, and the market freaked out. To the upside. The S&P rose 1.5 per cent, its biggest daily gain since April....
...The wholesale power market is adjusting to developers’ higher costs, JPMorgan says, with purchasers set to agree to more generous contract prices for renewable energy....
...Cars are highly taxed there, so his Mercedes E-Class E200 had cost him $125,000 — the same car in Switzerland, where auto taxes are far lower, costs around $50,000....
...BYD Founded: 1995Status: Listed in Hong KongBased in: Shenzhen, GuangdongAnnual NEV output: 1.86mnEmployees: 230,000 Chery’s Zhang acknowledges that Europe is a market with “very strict regulation and...
...Rivian now plans to produce 50,000 vehicles in 2023. It began hiring for a second shift in Normal employing at least 1,700 people by the middle of the year....
...So we can get up to £1,000 a year in a little (inaudible) bonus back from the government, which is nice....
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