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...These debts include mortgages and loans for cars, rental equipment and yachts....
...Between 2022 and 2023, Polestar sold about 13,000 battery-run cars to the group....
...Chesky also highlighted a “long list of ideas” under consideration, including rental cars and dining pop-ups....
...Two years ago, car leasing group Octopus EV could barely keep up with the red-hot demand for Teslas that accounted for half its sales....
...He even drew parallels between managing hundreds of thousands of rental cars and the risk management skills he had honed during almost three decades at Goldman....
...Not only are customers less likely to choose a Tesla as a rental car, but Hertz also learnt the EV’s it had lent to Uber drivers required significantly more repairs than thought and the salvage values of...
...For years, Elon Musk has been the not-so-secret weapon behind Tesla’s success....
...In the south-west city of Bayonne on the Atlantic coast, mayor Jean René Etchegaray has had some success in curbing the platforms....
...lure to its growing suite of services, such as bike and car rentals....
...A number of EV makers have recently scaled back expansion plans, including Ford and General Motors, while rental group Hertz is selling one-third of its electric fleet to buy more petrol vehicles....
...Hertz, the car rental agency, had filed for bankruptcy in 2020 during the early stages of the pandemic....
...I can report that Los Angeles in January is a lot more pleasant than New York in January, and that the best song to blast out of your rental car window on Rodeo Drive is the Decemberists’ “Los Angeles, I...
...Tesla’s business — well, the bit that sells cars rather than hype — has been visibly in trouble for more than a year....
...The business is a rare recent success story in a sector battered by falling valuations and divestments from foreign investors....
...self-driving cars to virtual reality....
...“We believe persistence will bring success in the end,” he said. Xpeng did not immediately respond to a request for comment on the letter....
...Wild forecasts reflect Tesla’s success in bending the global car sector to its will. It is the standout pioneer of electric vehicles and has served up three years of profitability....
...“For any doubters left in the west, I hope this is the final data point that points to BYD’s strength and, as importantly, how ‘China EV Inc’ has bullied its way on to the global stage,” said Tu Le, founder...
...Ezequiel, a taxi driver in Buenos Aires, said rising fuel and car rental costs had shrunk his daily take-home pay to $10, less than the price of a bottle of olive oil....
...cover the wear and tear on the cars....
...“It’s like mobilising an army, and then telling them to get back in the barracks for a few years,” said Toby Poston, a director at the British Vehicle Rental and Leasing Association....
...In many European tourist hotspots — from sunny Greek islands to Prague, Lisbon and historic Italian cities — Airbnb and other short-term holiday rentals are severely disrupting the housing market....
...Both union and corporate leaders credit the system with a low level of strikes and believe it is crucial for the success of Sweden, a country of 10mn people and home to manufacturers such as Volvo Cars,...
...If they can keep that up while dealing with the other issues, they still have the recipe for success....
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