Sunday, December 22, 2024
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Automotive industry

‘Huge discounting’ drives surge in electric car demand as petrol sales plunge

Manufacturers are scrambling to cut prices and attract customers so they can...

Britain’s car finance fiasco risks crashing the economy

Some of the auto companies stopped finance sales completely, albeit temporarily, while...

What the car finance scandal means for you

A major mis-selling scandal in Britain’s car industry continues to rumble on...

Car deliveries halted amid fears motor finance scandal is ‘bigger than PPI’

Car makers including Honda and BMW have temporarily halted sales to customers...

Ministers scramble to prevent car sale market collapsing after shock ruling

It could also have economic consequences, with many key workers including nurses,...

VW profits plunge 64pc following ‘intense competition’ in China

Volkswagen is facing tough competition in Europe, where government-mandated emissions targets are forcing...

EU hikes tariffs on Chinese EVs, prompting rebuke from Beijing

China’s Commerce Ministry promises to take ‘all necessary measures’ to protect the interests of Chinese firms.The European Union has decided to sharply raise tariffs...

Volkswagen to close at least three factories amid electric car struggles

In a warning to Oliver Blume, VW’s chief executive, she said that...

Ford boss ‘doesn’t want to give up’ Chinese electric car

The success of electric cars in the Communist country has partly been...

Tesla’s robotaxi event was long on Musk promises, short on details

For a businessman who perpetually struggles with broken promises, Elon Musk has given himself quite a to-do list at Tesla’s long-awaited Hollywood unveiling of...

Ratan Tata, austere Indian tycoon who bought Jaguar Land Rover but lost a fortune on British steel

Although privileged, Ratan’s childhood was not happy. His parents, Naval and Soonoo...

Aston Martin to make 1,000 fewer cars amid supply chain chaos

Aston Martin delivered just 1,998 cars in the first half of 2024,...

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