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Thousands of cars impounded after supplier discovers subcomponent from ‘western China’
Europe’s largest carmaker is ‘waiting’ for an EU response to Biden administration’s subsidies
Carmaker will no longer rely on electric vehicle sales from Geely and SAIC
German carmaker looks at sharing costs to counter wave of cheaper rivals produced in China
Ola Källenius believes increased competition will help Europe’s car industry produce better vehicles
Law will in effect ban sales of almost all new diesel trucks in the bloc by 2040
Wave of action over US carmaker’s rejection of collective bargaining risks spreading beyond Nordic country
...Additional reporting by Gloria Li in Hong Kong and Peter Campbell in London...
...The slowdown has sent Tesla’s shares down 31 per cent this year, making it the second-worst performer on the S&P 500....
...Tuesday’s share price drop extended the plunge in the Austin-based carmaker’s stock this year to 33 per cent, making it one of the worst performers in the S&P 500 with a trajectory that continues to diverge...
...This provided some relief to a stock that had at one point fallen more than 40 per cent in 2024, the worst performance on the S&P 500. But at Tesla’s headquarters in Austin, Texas, drama was brewing....
Big names accept the need to sharpen their competitive edge as overseas rivals swamp the Munich motor show
Use of alternative fuels will allow companies to keep selling combustion-engine models into the next decade, say executives
Family businesses turn to nimbler vessels that can operate when water levels are low
...In a paper published by the Tax Law Review Committee of the Institute for Fiscal Studies think-tank on Wednesday Dodwell, along with former OTS colleagues Patricia Mock and Sally Campbell, said the complexity...
...Hyundai Motor Group, which owns the Hyundai, Kia and Genesis brands, also has the fourth-largest share of the overall US car market, behind Toyota, Ford and GM, according to sales data from S&P Global....
...By the time Tesla was included in the S&P 500 index, it had already become the sixth-largest US company by market capitalisation....
BYD, Nio, Chery and others want to use their expertise in electric vehicles to take advantage of the continent’s coming ban on the sale of new petrol and diesel cars
Sales also climb at Maserati owner Stellantis as supply problems ease
...Net profits were €1.4bn, short of the €1.7bn expected by analysts according to S&P Capital IQ....
...However, debt rating agency S&P on Monday upgraded Ford to investment-grade, citing its improving margins and a cost reduction programme that will “more than offset higher labour-related costs”....
...Additional reporting by David Keohane in Tokyo, Patricia Nilsson in Frankfurt and Peter Campbell in London...
...Despite Greenspan’s intervention, the S&P 500 went on to more than double, destroying the careers of any money managers who shared the professors’ conviction....
...This cover is provided in the first instance to the Dali by Britannia P&I Club....
...Though the company only started selling in Europe a little over a year ago, it is already making inroads, Peter Campbell and Josh Gabert-Doyon report....
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