Collapsing demand from rental car companies, corporations and government agencies has sapped U.S. auto sales during the coronavirus pandemic and a recovery will likely be slow, threatening auto workers whose jobs depend on fleet sales.
Avoiding another “yellow vest” movement will be crucial for the success of its energy transition as Europe moves forward with a new wave of policies aimed at cutting emissions down to net zero by 2050, policymakers say.
Ghulam Hussain was used to zipping through the streets of Lahore with his wife and three young children perched perilously on his motorbike, whenever they visited relatives or ran errands.
Drinks-maker Britvic says it “will be pausing all paid and organic advertising on Facebook and Instagram for the month of July” to support the #StopHateForProfit campaign.
Japanese automakers’ global sales declined 38% in May.
The US-based Tesla car manufacturer has stopped receiving federal tax subsidies.
From black tea to bottled water, European companies are taking a hard look at underperforming businesses at a time when investors’ profit expectations are already low because of the coronavirus pandemic.
In the midst of a raging pandemic, Belal Bilto, 26, a sales executive and a Manhattan resident bought a midsize pickup Jeep Gladiator this month for just over $48,000, lured by a discount of about $5,000 on the list price and a seven-year, no-interest loan.
China is scheduled to phase out foreign investors’ equity cap in commercial vehicle joint ventures starting from late July, as part of its commitment to further opening up the world’s largest vehicle market.
Detroit-area automakers made their strongest showing ever in an annual survey of vehicle quality in the United States, as once-dominant Japanese brands faded.