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Electric car discounts now ‘unsustainable’ amid record price cuts
The Telegraph via Yahoo Finance· 23 hours agoOn Wednesday, the SMMT – which represents the car industry – echoed those concerns, arguing that...
Republicans make Biden’s EV push an election-year issue as Democrats take a more nuanced approach -...
The Boston Globe· 4 days agoTrump, the presumptive Republican presidential nominee, and others say Biden’s push for EVs is...
Chinese EV Makers Defy Industry Slump as Price Cuts Boost Sales
Bloomberg· 3 days agoHave a confidential tip for our reporters? Electric vehicles remain a bright spot in China’s auto...
China's EV makers ramp up efforts in Europe to compete with Tesla and legacy automakers
Fast Company Magazine· 7 days agoChinese EV titans BYD, Chery and Great Wall Motor (GWM) are preparing a fusillade of product...
Higher for Longer Rates Mean No Escape From the Debt Squeeze
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- Companies going bust, mounting credit card debt, higher mortgage bills.Most Read from...
Auto sales climb for 4th straight month, but high interest rates discourage buyers
Market Watch· 2 days agoSales of new cars and trucks in the U.S. rose in May for the fourth month in a row, to their highest...
Winning: diesel demand hits 26-year low as EV, hydrogen sales boom
Electrek· 16 hours agoThe production of distillate, the petroleum-based fuel that powers trucking, heating, and heavy ...
Chase exec for captive finance companies expects subvention to grow
Automotive News· 3 days agoDuring the auto inventory shortage following the COVID-19 pandemic, vehicles sold easily, dealerships were profitable and automakers cut the amounts they spent subsidizing the cost of vehicles for auto shoppers.
A way to profit from a negative reversal in Chipotle if the consumer continues to weaken
CNBC· 3 days agoJust as importantly, investors need to determine which consumers are most affected. Presumably,...
3 Stocks Billionaires Are Buying in the Wake of the Nasdaq Bull Market
Motley Fool via Yahoo Finance· 23 hours agoTepper is clearly making a contrarian bet on one of the leaders in China's internet sector, which...
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related to: consumer spending, auto industry