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...At one point in 2021, the shortage of new vehicles was so acute that prices for used cars overtook the cost of new vehicles for the first time....
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...The company has responded to the pessimism, recently announcing a new midterm plan to boost sales and launch 30 new models, half of which will be electrified or hybrid....
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...types of vehicles....
...Following months of delay, Nissan released a business plan on Monday addressing how a carmaker of its size — with relatively small annual sales of fewer than 4mn vehicles — would finance the costs of new...
...The sales share of battery EVs in Japan is slim at about 2 per cent last year. But that leaves ample room for growth for lower-priced Chinese vehicles....
...Carmakers from America to Europe to Asia are already facing rising costs from new technology development and tougher emissions rules, while also struggling to develop cheap electric vehicles that they can...
...MainFT: The Jersey Financial Services Commission revealed on Wednesday that it had not yet received any application for authorisation from Woodford for a new, Jersey-based investment management company,...
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...At Ferrari, some customers even sit down with designers with a “base” vehicle — such as the £375,000 SF90 — and develop entirely new body shapes....
...The share price of Tata Motors, the owner of the Jaguar Land Rover unit, has started reflecting that price-insensitive following....
...The company set a new target to generate £2bn of operating profit by 2026, and new guidance that the cash cost of its dividend should grow by a mid-single-digit percentage....
...Hong Kong-listed shares of Chinese electric-vehicle makers fell on Monday as concerns mount over compressed margins amid an escalating price war....
..., New York and New Jersey....
...Battery-powered vehicles are set to account for only about 4 per cent of India’s passenger vehicle sales this year, according to the research group....
...US new home sales: Economists have forecast that sales of new homes in the US increased in March to an annualised pace of 670,000 units, up from 662,000 in February....
...One customer requested wood from his own forest be used in the interior, while another put €400,000 worth of carbon fibre on to the vehicle, the company said....
...More than 90 per cent of new vehicle purchases in the UK use a “personal contract purchase” or similar leasing arrangement where customers pay monthly to cover the expected depreciation of a car’s value...
...Ministers have pledged hundreds of millions of pounds of state support to international carmakers in recent years for an array of projects, including a battery gigafactory for JLR and new electric models...
...BT’s networking division Openreach is halfway to its target of rolling out full-fibre broadband to 25mn premises by 2026 as part of a £15bn infrastructure project....
...The New Jersey-based healthcare company said it would pay $335 per share in cash to acquire Shockwave, which specialises in manufacturing a catheter-based treatment for patients with calcified arteries....
...But they expect other bottlenecks to force delays at ports including Charleston, New Jersey and New York because of increased traffic and a potential shortage of dockside vehicle handlers....
...The retail control group, which excludes building materials, motor vehicle parts and petrol sales, was flat, missing analyst expectations for a 0.4 per cent gain....
...After spending the past decade as the car industry’s loudest champions of hybrid vehicles, Toyota executives could be forgiven for feeling some measure of vindication....
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