car industry: Live & Latest News Updates : Vimarsana.com
time for the look at the business. we'll start with news from tesla, the electric car—maker is the focus of investors on wall street for all the wrong reasons today. they have opened sharply lower, slashing the price war its model free car by around $2000 in major markets, including germany and china. that is after similar price cuts in the united states. tesla has been grappling with falling sales and rising competition in the electric car market. that is causing many investors to rethink how they value the company. shares have lost more than 40% of their value this year. tesla reports quarterly results tomorrow evening. earlier i spoke to david bailey, professor of business economics at the university of birmingham, he specialises in the car industry. he gave me a sense of just how tough it is right now for tesla. . , , . just how tough it is right now for tesla. . , ' . ., ., tesla. really difficult water for tesla,
time for the look at the business. we'll start with news from tesla, the electric car—maker is the focus of investors on wall street for all the wrong reasons today. they have opened sharply lower, slashing the price war its model free car by around $2000 in major markets, including germany and china. that is after similar price cuts in the united states. tesla has been grappling with falling sales and rising competition in the electric car market. that is causing many investors to rethink how they value the company. shares have lost more than 40% of their value this year. tesla reports quarterly results tomorrow evening. earlier i spoke to david bailey, professor of business economics at the university of birmingham, he specialises in the car industry. he gave me a sense of just how tough it is right now for tesla. . , just how tough it is right now for tesla. ., , , . just how tough it is right now for tesla. ., , ' . ., ., tesla. really difficult water for tesla,
If you’re someone who follows automotive trends, you’ve undoubtedly noticed just how much effort is going into infotainment screens and features associated w…
India's car industry has revised its growth projections to over 8%, driven by strong passenger vehicle sales and domestic consumption. The industry remains optimistic about growth, supported by low-interest rates, controlled inflation, and a fast-growing economy. Moody's raised its GDP growth forecast for India to 8% from 6.6%.
India's car industry has revised its growth projections for the fiscal year to over 8%, nearly twice the rate projected at the start of the year. Passenger vehicle sales in the local market are expected to grow by 8.1-8.2% to 4.23 million units in FY24, driven by better-than-expected economic growth, favorable monsoons despite El Nino conditions, and effective monetary policies that helped rein in high inflation without affecting domestic consumption.
The share of diesel in total sales of luxury vehicles in the local market declined to 35% last year, from about 80% five years, even as buyers continued to shift to feature-rich SUVs.
is ticking upwards again? there was an expectation that the december rating would be higher than novemberfor the december rating would be higher than november for the headline december rating would be higher than novemberfor the headline rate and it is really more of a technicality because of the base effect of the measures so we had the removal of some of the energy release schemes coming out of that number so that is why you saw the headline number increase. if you look at core inflation that actually did come down so that is the bit that really matters for most people, the basket of goods we spend on everyday and it came down from 3:63.4. but you're right, the current sentiment towards the headline number is still fairly jittery. the markets are focused on whether 2024 will be the year when inflation comes under control in the eurozone and other developed markets. the uk car industry is calling on the government to cut vat on electric cars after new data shows that their share of sales didn't change at all last year. while car sales overall