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  • Most Asian automakers report U.S. sales surge in November
    Automotive

    Most Asian automakers report U.S. sales surge in November

    December 2, 2022 /

    U.S. profits at Toyota Motor Corp., Subaru, Mazda, Hyundai and Kia rose by double-digit percentages past thirty day period from a yr earlier, with the Hyundai and Kia brand names the two location November data. Honda documented a drop for the thirty day period. Deliveries jumped 43 p.c at Hyundai and 25 p.c at Kia. “This was a wonderful November for revenue and specifically our lineup of eco-helpful motor vehicles,” Hyundai Motor The usa CEO Randy Parker claimed in a statement Thursday. “In spite of financial headwinds, we had been even now ready to history an all-time retail and full product sales file in November.” The success come amid mounting…

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    Britishvolt’s failure is disaster for the UK auto industry

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    January 20, 2023
    Android Automotive is getting its 38th app: Waze

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    December 10, 2022
    Car prices hit record high as automakers limit output

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    February 16, 2023
  • Stellantis evaluating dealers for chargers, EV sales needs
    Automotive

    Stellantis evaluating dealers for chargers, EV sales needs

    November 30, 2022 /

    DETROIT — Stellantis is doing the job to ease dealerships into its formidable electric powered auto rollout, but it has no ideas to specify the greenback amounts they’re going to require to make investments as Basic Motors and Ford Motor Co. have done. The automaker has partnered with Long term Strength, a corporation that advises dealerships on how to set up charging infrastructure and can coach personnel on operational modifications relevant to EVs and product sales procedures. “Almost 70 p.c of sellers are in a variety of phases of assessing their particular person readiness” with Long run Electrical power, Stellantis explained Tuesday. The two businesses commenced performing alongside one another…

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    Tesla losing EV market share to sub-$50,000 rivals

    Tesla losing EV market share to sub-$50,000 rivals

    December 1, 2022
    Car prices hit record high as automakers limit output

    Car prices hit record high as automakers limit output

    February 16, 2023
    150 plug-in vehicles arriving in U.S. showrooms through 2026

    150 plug-in vehicles arriving in U.S. showrooms through 2026

    October 3, 2022
  • Bank of England delays bond sales, launches temporary purchase program
    Finance News

    Bank of England delays bond sales, launches temporary purchase program

    September 28, 2022 /

    LONDON — The Financial institution of England will suspend the planned commence of its gilt providing next 7 days and start off quickly purchasing prolonged-dated bonds in buy to tranquil the current market chaos unleashed by the new government’s so-termed mini-price range. Yields on U.K. govt bonds, acknowledged as “gilts,” have been on study course for their sharpest month to month increase considering the fact that at the very least 1957 as investors fled British mounted revenue markets subsequent the new fiscal plan bulletins. The steps provided huge swathes of unfunded tax cuts that have drawn international criticism, like from the IMF. In a statement Wednesday, the central lender reported…

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    January 14, 2023
    The Federal Reserve now believes its work is nearly done: Morning Brief

    The Federal Reserve now believes its work is nearly done: Morning Brief

    March 25, 2023
    China property bonds rebound on support measures from Beijing

    China property bonds rebound on support measures from Beijing

    January 24, 2023
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