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Automobiles
Pendragon owner to cut hundreds of jobs in used car overhaul
...CarStore was opened before the pandemic, with a model based on turning over a steady stream of low-margin used vehicles in large warehouses, facilitated by an abundance of used cars for sale....
April 23, 2024
Tesla Inc
Tesla scouts sites for $3bn India car plant in boost for Modi
...The carmaker is developing a cheaper vehicle to go on sale late next year, but has not yet said where the car — which has been dubbed “Model 2” by Tesla observers — will be manufactured....
April 3, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Ferrari NV
Ferrari doubles Taiwan sales as chip entrepreneurs fuel demand
...Last year, Ferrari reported €1.26bn of net profits on car sales of just 13,663....
March 25, 2024
FT Schools
US High School Economics class: Luxury car sales plunge as buyers put off by South Korea’s neon green licence plates
...Specification: Basic Economic Concepts Click to read the article below and then answer the questions: Luxury car sales plunge as buyers put off by South Korea’s neon green licence plates Explain the...
April 26, 2024
Transcript
We have tips
...What would your tip be for a holiday with children?...
March 29, 2024
News updates from March 4: US Supreme Court rules Trump can remain on Colorado ballot; aviation regulator finds compliance issues at Boeing
SUVs and hybrids boost Ford car sales by 11% in February
...Sales of SUVs rose 24 per cent to nearly 69,000 vehicles sold. Truck sales increased just over 1 per cent, and car sales fell 17 per cent. Electric vehicle sales rose 80 per cent....
March 4, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Electric vehicles
IEA bullish on electric vehicle sales in 2024
...Sales of battery electric and plug-in hybrid cars could rise more than 20 per cent to reach 17mn this year, up from just under 14mn in 2023, and grow to account for as much as two-thirds of global sales...
April 23, 2024
Disrupted Times
Electric cars switch out of fast lane
...But if they sell a better car that also undercuts the west, it’s impossible to catch up.”...
April 22, 2024
Tesla Inc
Tesla steers back towards cheaper cars
...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....
April 25, 2024
North American prime property
Hot property: five homes for sale in Mexico
...The bus station is roughly 10 minutes away by car. What A refurbished late 17th-century house with three bedrooms and three bathrooms....
March 27, 2024
Jo Ellison
Who should get my tip?
...On his series Comedians in Cars Getting Coffee, he takes Sarah Jessica Parker to task for her habit of tipping only 20 per cent....
January 12, 2024
Six films to watch this week
That They May Face the Rising Sun — moving adaptation of John McGahern’s final novel
...Collins seems to tip us a wink about his attitude to low-key drama in a glimpsed car licence plate containing the letters OZU — as in the Japanese master director, Yasujirō Ozu, whose films celebrate the...
April 25, 2024
Trump Media & Technology Group
Ken Griffin’s trading firm blasts Trump Media boss as ‘loser’
...Data from S3 Partners shows TMTG is the third-most expensive US stock to borrow for short sales among companies with more than $25mn of short interest, behind cannabis group Canopy Growth and electric-car...
April 19, 2024
Letter
Letter: Storing carbon in soil is not a climate panacea
...However, these issues are just the tip of the iceberg....
January 26, 2024
Electric vehicles
Stellantis boss slams ‘terrible’ UK electric vehicle policy
...EV car sales targets rise annually from 22 per cent this year, to 28 per cent next year, and reach 80 per cent by 2030....
April 25, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
South Korean business & finance
Luxury car sales plunge as buyers put off by South Korea’s neon green licence plates
...Lee said he expected luxury car sales to slow further because the green plates would attract negative attention....
April 19, 2024
LexElectric vehicles
Xiaomi can still accelerate on its electric car launch Premium content
...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...
April 2, 2024
Ferrari NV
Ferrari profits boosted by bespoke car sales
...Sales were also driven by the 296 sports car, the latest iteration of the SF90 supercar, and the convertible version of the Roma grand tourer....
February 1, 2024
News updates from March 4: US Supreme Court rules Trump can remain on Colorado ballot; aviation regulator finds compliance issues at Boeing
‘Simply good’ Chinese electric cars power ahead of inferior US rivals
...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....
March 3, 2024
News updates from February 28: US Supreme Court will hear Trump presidential immunity appeal; Bitcoin breaks through $60,000
Apple cancels secretive electric car project in shift to focus on AI
...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....
February 27, 2024
News updates from February 27: McKinsey touted its advice to Chinese government, EU parliament bars Amazon lobbyists
Apple cancels secretive electric car project in shift to focus on AI
...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....
February 27, 2024
Unilever PLC
Unilever sells slow-growing brands like Q-tips to private equity group
...Unilever has announced it will sell a group of more than 20 brands including Q-tips, Timotei shampoo and Impulse body spray to private equity group Yellow Wood Partners, the latest in a series of sales of...
December 18, 2023
Prime property
Hot property: five homes for sale in Sydney
...Who Knight Frank House, Point Piper, A$49.5mn-A$54mn Where On the northern tip of Point Piper, an eastern neighbourhood a 15-minute drive from the city centre....
December 28, 2023
Bentley Motors Ltd
Bentley boosted by ‘jaw-dropping’ demand for bespoke cars
...In 2019, the last year before the pandemic, Bentley made €65mn of profit on sales of 11,000 cars and revenues of €2bn....
March 19, 2024
Chinese business & finance
China’s answer to Instagram makes first profit
...It has also been growing its male user base, with a focus on promoting content about cars, science fiction and memes....
March 25, 2024

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