Forvia raised its annual sales and margin forecasts, saying it expected global automotive production to grow faster than previously anticipated. The supplier sees 2023 sales of 26.5-27.5 billion euros ($29.4-30.5 billion), up from
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Receive free Volkswagen AG updates We’ll send you a myFT Daily Digest email rounding up the latest Volkswagen AG news every morning. Volkswagen is investing $700mn in electric vehicle group Xpeng as the
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AutoNation is using several tools, including its newly acquired captive finance company and a gradually expanding used-car networkto try and recapture “lapsed” customers – those who disappear after their new-car warranty expires
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Mazda North American Operations said it is recalling certain 2014-18 Mazda3 and 2016-21 CX-3 vehicles. In the affected 227,335 U.S. vehicles, the rearview camera image may not display properly, according to a July
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The news that prices of used electric vehicles are in freefall, with no end in sight, has dragged down revenue through the entire used car segment, says iSeeCars executive analyst Karl Brauer. Plus,
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FORT WAYNE, Ind. (WANE) — The Fort Wayne Police Department is investigating a crash that happened Monday night near Indiana Tech. Police were at the scene of a crash at Premier Auto near
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The Tesla Model Y becomes the top-selling plug-in model in the first half of the year. Jul 24, 2023 at 1:11pm ET New passenger car registrations in the Netherlands increased in June by
Read MoreNew and used car prices appear to be leveling off, but it may not be enough for some consumers to jump back into the car market. Various data shows that drivers are hanging
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In Europe’s biggest economy, inflationary pressures, a dearth of skilled workers and high energy prices are adding to the structural challenges posed by the EV shift. German automakers’ expectations are at their worst
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