Cars

Reuters

Dec 31, 2022, 5:43 PM

Volkswagen To Refocus On Raising Productivity, Warns Of Challenging 2023 - Finance Chief

The carmaker is targeting margin parity between electric and combustion engine cars in next 2-3 years

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  Reuters | Dec 31, 2022

  Tesla To Run Reduced Output In Shanghai In January, Plan Shows

  Tesla will run production for 17 days in January between Jan. 3 to Jan. 19 and will stop electric vehicle output from Jan. 20 to Jan. 31 for an extended break for Chinese New Year

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  Reuters | Dec 31, 2022

  Tesla To Shorten Shanghai Shifts, Delay Hiring - Report

  Tesla's Shanghai plant is grappling with elevated inventory levels amid slowing demand in China's auto market.

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  Reuters | Dec 31, 2022

  German Car Giants And Asian Battery Kings: A Match Made In Hungary

  Investment in the Hungarian auto industry is being dominated by three countries - Germany, a champion carmaker, plus China and South Korea, EV battery leaders way ahead of European rivals.

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  Reuters | Dec 31, 2022

  Indonesia Considers $320 Million In Incentives To Boost EV Sales In 2023

  Indonesia targets 20% of overall car sales in 2025 to be EVs

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  Reuters | Dec 31, 2022

  Europe's Car Repairers Call For Competition Rules Rewrite

  The European Commission has recommended extending 2010's Motor Vehicle Block Exemption Regulation (MVBER) for five years when it expires in 2023, with some supplementary guidelines.

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  Reuters | Dec 31, 2022

  Tesla Driver In Multi-Car Crash Told Police Self-Driving Software Malfunctioned

  The police report said the vehicle made an unsafe lane change and was slowing to a stop, which led to another vehicle hitting the Tesla and a chain reaction of additional crashes.

  2 mins read
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  Reuters | Dec 31, 2022

  Elon Musk's Vow To Not Sell More Tesla Stock Fails To Calm Investors

  Tesla shares are down 64% for the year, in what could be their worst annual performance since going public in 2010 as investors worry that Twitter was consuming much of the billionaire's time.

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  Reuters | Dec 31, 2022

  China's Li Auto Sees Higher Deliveries In Q4; Third-Quarter Loss Widens

  Li Auto Inc forecast higher delivery of vehicles and a rise in revenue in the fourth quarter, banking on a production ramp-up and better cost management.

  1 min read