Tag: reports
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March Car Sales Drop By 41% In China Due To COVID-19
Sales of new cars in China have been struck hard by the coronavirus outbreak, ” the China Passenger Car Association continues to be confirmed. Car sales dropped by 40.8 per cent from March 2019 to 1.08 million units but the association expects sales volume in April to be much higher than in March. While March…
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Tesla Cybertruck: Crowdsourced Data Tries To Find Which Countries Lead In Pre-Orders
Together with its futuristic styling and impressive performance numbers, the Tesla Cybertruck has come to be an internet feeling, gathering hundreds of thousands of (low cost and fully-refundable) pre-orders from all over the world. Last month, Elon Musk announced that they have more than 535,000 bookings, and employing the power of the internet and the…
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China’s Auto Industry Doing All It Can To Coax Back Shoppers
Together with China gradually coming out of its lockdown stemming in the coronavirus outbreak, car manufacturers and dealerships throughout the country are looking to do anything they can to encourage shoppers back to showrooms, Reuters reports. In February, sales of automobiles in China plunged by 79 percent and dropped by 45 percent in the first…
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Global Sales Of Sedans, Wagons And Hatchbacks Lose Further Ground To SUVs
As customer tastes continue shifting towards crossovers and SUVs of each size and price conceivable, most automakers have expanded their automobile portfolios handling a large number of segments with various proposals. This has caused a reduction in demand for station wagons, sedans and hatchbacks, sealing the fate of nameplates. According to data released by Jato…
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Elon Musk Buys Massive Ventilator Stockpile From China, Donates It To US Hospitals
Tesla CEO Elon Musk made good on his own guarantee to provide national hospitals with ventilators, announcing on Monday that he’d obtained 1,255 of the FDA-approved breathing machines from China, where the coronavirus originated. Within an Twitter post, Musk demonstrated that the purchase and shipment has been done quickly due to coordination between the Tesla…
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Musk Goes From Calling Virus Panic Dumb To Saying His Companies Could Make Ventilators
Tesla chief executive Elon Musk who’d formerly characterized the coronavirus panic as “dumb” and initially decided against final one of their firm ’s plants available in Fremont California, despite a shelter-in-place order, now says his firms may help construct hospital ventilators “when there’s ’s a shortage”. Shortly after Tesla affirmed it will suspend production at its Fremont…
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Trucks And SUVs Are Getting Too Big For Home Garages And Public Parking Spaces
The tendency of larger vehicles appears to be reaching a breaking point as an increasing number of owners of the latest SUVs and pickup trucks have problems on fitting them in their house garages and parking areas. Popular models like Ford’s Expedition along with F-150 pickup truck, the Chevrolet Suburban or the Ram trucks have…
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Tesla Shares Take Big Hit Amid Coronavirus Outbreak, Poor Registrations In China
Tesla’s growth ambitions in China happen to be popped, as stocks of the automaker dropped by 14% on Thursday. The plummet is blamed on the coronavirus outbreak and also the impact it could have on the company’s operations in the People’s Republic, reports Reuters. Read Also: Tesla Restarts Production At Shanghai Gigafactory As Coronavirus Threat…
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VW ID.3 Test Drivers Reporting 300 Errors Per Day, Launch Could Be Delayed For A Year
Last year, it had been noted that VW would carry on with the manufacturing process for the ID.3 despite the automobile having serious software issues. Currently however, according to Manager Magazin, these glitches may induce the carmaker to abandon the ID.3’s sales launch, scheduled for summer time. It is also asserted that countless test drivers…
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“Look At Tesla”, Lincoln Dealers Say, As They Don’t Want To Leave The Sedan Business
Since Lincoln’s parent company Ford is after the trend, the luxury brand is left with two sedans in its line: the MKZ along with Continental. However, the initial one is going to be retired for good this year, while the flagship four-door is still tipped to live on until 2021. This will leave Lincoln without…