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...The survey measures the difference between the percentage of UK surveyors registering rises and falls in agreed home sales....
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...He added: “I would like to thank Adrian Hallmark for his significant commitment over the last years and wish him well in his personal and professional future.”...
...This shift will have major ramifications for both the auto industry and the energy sector.”...
...In 2014, German carmaker Daimler introduced a function to auto-delete emails received while employees were on vacation, with a notification to the sender....
...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...
...Tesla’s sales figures also “suggested a sharp deterioration in growth” in the US, said Tom Narayan, an auto analyst at RBC Capital Market, while the Model Y and 3, which account for more than 90 per cent...
...Tesla has cut prices several times — including this week — to buoy sales, although this has led to a collapse in the re-sale value of its cars....
...The global auto industry manufactured 10.5mn electric vehicles last year — and expects to produce 13.5mn this year, according to data pooled from suppliers and forecasters by one auto investor....
...“It has now caused a major headache for auto companies that rely on these ships....
...China’s auto industry is the world’s biggest across sales, production and, since last year, exports....
...The succession comes at a turbulent time for the professional services sector....
...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...
...Your default choice would typically be to run a “dual track” process exploring a public listing alongside a sale — and then select whichever exit path will maximise your financial return....
...The pressure is especially high in China, the world’s biggest auto market and the US EV maker’s second-largest market by sales, where competition between local EV makers and foreign carmakers is heating...
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...Rival Lowe’s reported an even steeper 11 per cent drop in annual sales. Wooing professional contractors and tradespeople makes sense....
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