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...In the midst of declining auto sales and rising interest rates, Carvana completed a debt restructuring last year, agreeing with bondholders such as Apollo Global Management to delay near-term cash interest...
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...Elon Musk’s decision to lower the price of Tesla vehicles in China in late 2022 sparked savage price cuts across the auto industry, leading to squeezed margins for both legacy multinational auto groups in...
...report showing a 0.4 per cent increase in headline retail sales and a 0.7 per cent rise in the so-called core control group, which ignores spending on autos, gas, building materials and in restaurants.Even...
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...In 2014, German carmaker Daimler introduced a function to auto-delete emails received while employees were on vacation, with a notification to the sender....
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...“China imposes restrictions on American autos and other foreign autos operating in China,” Biden added....
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