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New car sales in Europe rebounded by 13.9 percent in 2023 as electric vehicles overtook diesel for the first time, an industry group said on Thursday. Volkswagen remained in pole position among car manufacturers, with the group selling 2.8 million new cars in 2023, up by 18 percent on the previous year.
Tesla and Volvo Car are suspending some production due to a shortage of components, the first clear sign that attacks on shipping in the Red Sea are hitting manufacturers in the region.
The Minnesota State Patrol recorded 216 crashes in just over 24 hours, two of which were fatal.
Consequence of the Houthi attacks in the Red Sea: Tesla must largely stop production in Germany for two weeks. As transport routes shift, a gap has emerged in supply chains, Tesla announced on Thursday. This will be the first time that such a production stop will occur in Grünheide from the end of January. Tesla wants to double production at its plant to one million cars a year with the expansion of the production capacity to 100 gigawatt hours per year. It currently produces more than 250,000 vehicles annually.
The disruption in the crucial global shipping corridor has forced shipping companies to reroute vessels, leading to longer transport times