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...over the Asian country’s vehicles....
...Japanese carmakers’ share of the Chinese auto market declined by 2.2 percentage points year on year to 13.8 per cent in March, data from the China Passenger Car Association showed....
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...Many of the company’s assets, including machinery, computer equipment and furniture, are worth a fraction of their original value. These include £84,000-worth of motor vehicles....
...Tesla is cutting more than 10 per cent of its workforce — at least 14,000 jobs — as a worldwide EV slowdown and brutal price war hit the American automaker....
...The National Association of Motor Vehicle Manufacturers estimates that 47,000 imported cars and vehicles are sitting in Brazilian ports awaiting approval from Ibama, the administrative arm of the Ministry...
...the Korea Automobile Importers & Distributors Association....
...For Kia, only about 6 per cent of the vehicles traded in to purchase a new Kia are luxury models, according to Edmunds. But for the electric Kia EV6, 21 per cent of the trade-ins are luxury cars....
...“They are simply good cars and people buy them,” he said in an interview, referring to Chinese vehicles. “The American ones [producers] seem to struggle to bring good electric vehicles [to market].”...
...The acquisition of Anglo American’s mining sites, however, makes little contribution to boosting global copper output....
...He added: “What this means for the charging network, [North American Charging Standard] NACS, and all the exciting work we were doing across the industry, I don’t yet know....
...The UAW, established in the 1930s, last year won record pay increases for 146,000 members whom the union represents at Ford, General Motors and Stellantis after it launched six weeks of strikes against the...
...the adoption of electric vehicles....
...Motor finance trade body the Finance and Leasing Association said dealers had more often than not used the practice to bring interest rates down in order to offer competitive plans....
...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....
...In South Korea, hybrid cars accounted for nearly a third of all new registrations last month, according to the Korea Automobile & Mobility Association, adding to sales growth of more than 40 per cent last...
...board of a local producers’ association....
...Toyota has pledged to invest R$11bn ($2.2bn) in Brazil by the end of the decade, boosting president Luiz Inácio Lula da Silva’s goal to revive manufacturing in the South American nation....
...The cancellation comes as the sale of electric vehicles has slowed in Europe and the US in recent months....
...The owner of the Fiat, Peugeot and Jeep brands on Wednesday said its capital expenditure commitment for the five years to 2030 was a record by any carmaker for the South American automotive industry....
...Smaller companies play a big role in Japan’s electric vehicle battery supply chain, indirectly supporting the likes of Toyota Motor and Tesla....
...It is the second-largest domestic producer of industrial robots and an important maker of motors and other components for electric vehicles....
...Today, America’s sticky CPI holdouts are shelter and motor vehicle insurance....
...The company says EVs with these types of batteries will be able to travel around 1,200 kilometres on a charge of less than 10 minutes, about twice the range of vehicles equipped with current lithium-ion...
...All the while, debate over the country’s overcapacity in electric vehicles is heating up....
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