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...The new owner of UK car dealerships Stratstone and Evans Halshaw is preparing to cut hundreds of jobs after a collapse in the supply of used cars following the coronavirus pandemic....
All the inspiration you need, from big, fat dresses to getaway cars
...Musk said then that the electric-car manufacturer would “be in India . . . as soon as humanly possible”....
...And that will be how cars work. You just summon the car using your phone. You get in. It takes you to a destination. You get out....
...But if they sell a better car that also undercuts the west, it’s impossible to catch up.”...
...What has happened to the demand for luxury cars?...
...UK car insurance prices fell at the start of the year in the first quarter-on-quarter drop in more than two years, signalling some relief for households after costs hit an all-time high last year....
...Ferrari’s chief executive Benedetto Vigna says he hopes one day to sell a $10bn car....
...Last year, China produced 17.7mn cars with internal combustion engines for the local market, a 37 per cent fall from 28.3mn in 2017....
...Your leader (“The electric vehicle revolution is running out of steam”, FT View, April 11) highlights the shortage of public charging points as a major reason for customers’ reluctance to buy electric cars...
...And Musk’s outspoken posts on his social media platform X risk denting his car company’s brand....
From Henri Chua, London N19, UK
...The company sold about 174,000 cars, trucks and SUVs last month. Sales of SUVs rose 24 per cent to nearly 69,000 vehicles sold....
...But one day, he says, Tesla and SpaceX may create something that is not “even really a car”. The Technoking is the reason Tesla remains the most distinctive car company in the world....
...Aston Martin is poised to name Bentley head Adrian Hallmark as its latest chief executive, the third change of leadership at the UK luxury-car maker in the space of four years, according to two people....
...Despite cutting debt interest spending, cash outflows at the company rose to £360mn from £298mn a year earlier, because of spending on new models and delays to some of its cars....
...Volvo Cars will stop funding its Polestar electric sports car brand and look at selling its shareholding to parent company Geely, as its latest results showed profits had been dragged down by the lossmaking...
...Mathias Miedreich, chief executive of Umicore, said sales of Chinese electric cars were surging in contrast to the US because of better performance and affordability....
...It has a connected car that can be synced with the company’s other electronics, plus it has a head start in autonomous driving technology — it started testing self-driving cars on the roads two years ago...
...Apple has cancelled its efforts to build an electric car as it pivots to focus research funding on generative artificial intelligence, according to a person familiar with the matter....
...What were the reasons cited by analysts at Morgan Stanley for modelling Apple’s car effort as adding “$0” towards the tech group’s value?...
From John Gorman, Washington, DC, US
...Tesla has already reported an 8 per cent fall in car sales in the first three months of the year compared with the same period in 2023....
...Insurance companies have lifted prices drastically in the past couple of years after spiralling inflation in their claims costs — as items such as car parts and second-hand cars became much more expensive...
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