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...In 2020, Instagram introduced “reels”, a feature that allowed users to share short clips, cloning the TikTok’s viral video features that had hooked millions of Gen Z consumers....
...TikTok has hit $16bn in sales in the US, where the viral video app that has hooked Gen Z users is at risk of being banned.Three people with knowledge of its finances said the app, owned by Beijing-based...
...Indian steelmaker JSW last month launched a $1.5bn tie-up with China’s SAIC Motor to build and sell EVs in India....
...discussions between The Independent and BuzzFeed said the combined audience for the latter’s various brands would offer advertisers and ecommerce groups the opportunity to reach a larger cohort of Gen Z...
Group’s new chief says this is a ‘transition year’ but the younger generation prefer alternative ways to pay
...Presuming online fast fashion group Shein makes it to market, Gen Z shoppers who return as much of their hauls as they hold on to may conclude that keeping consumers sweet makes for a less attractive business...
...But this “Gen Z girl” has a valid point, and those who have been dunking on her are (perhaps deliberately) missing it....
...“I think Gen Z overall is very sceptical and a little bit nihilist,” Judge told the Financial Times....
...The transaction is also the latest in a series of takeovers in the UK motor retail sector where consolidation has meant only Vertu and Caffyns remain....
...Drew Baglino, senior vice-president leading Tesla’s engineering and technology development for batteries, motors and energy products, announced on X today that he would leave after 18 years at the auto group...
Chinese EV giant is widening its range by price point and fuel type
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...(noun) a TikTok phenomenon that suggests many men keep this historical period close to their hearts When my Gen Z kids started chatting, out of the blue, about the Roman empire, I immediately smelled a...
Motor racing expands its audience in America on the back of Netflix docu-series and successful races in Miami, Austin and Las Vegas
Case studies in best practice among general counsel and company legal teams in North America
...That was down from 49 12 months earlier, as it exited stakes in companies including General Motors, UPS and Procter & Gamble earlier in the year....
...The FT visited Detroit this week to take the pulse of the Motor City — stay tuned for our report later this weekend. The history of the Lions overlaps with the history of Detroit itself....
...Cruise, the self-driving car subsidiary of General Motors, targeted annual revenues of $1bn by 2025. Last year, the business reported sales of just $102mn amid a $3.4bn loss....
...Ford, General Motors and Tesla have all pumped the brakes on expanding EV production capacity in recent weeks....
...The company has emerged as a fast-fashion powerhouse based on its model of making thousands of clothing styles in China and air-shipping them to Gen Z shoppers in the US and Europe....
...Ford and General Motors have paused plans to expand their EV manufacturing capacity in recent months, and last week Rivian announced that it would cut 10 per cent of its workforce and keep deliveries flat...
...Tesla shareholders were even more carried away, adding $46bn to the EV maker’s market cap — more than General Motors was then worth — when it announced a stock split in August 2020....
...For example, US carmaker General Motors has committed to selling only electric vehicles by 2035, presenting its legal team with many challenges....
...Sales growth of electric cars has slowed in the past year, with carmakers increasingly forced to discount models in order to generate sufficient consumer demand, while companies from General Motors and Ford...
...However, ad executives say such large-scale events are becoming less essential for many brands, which see the chance to target Gen Z audiences via TikTok or Instagram as more significant than the traditional...
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