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- BusinessReuters
Mercedes says it will continue to invest in China tie-ups
BEIJING (Reuters) -Mercedes Benz's China chief said on Thursday the company would continue to invest in tie-ups with Chinese partners like internet firm Baidu, noting China was crucial to its global strategy. China was "the most dynamic new energy vehicle market", Hubertus Troska said at a press conference on the opening day of the Beijing autoshow that was also attended by Baidu CEO Robin Li. Mercedes sales chief, Duan Jianjun, told the same event that they had brought a number of electric mo
1-min read - BusinessReuters
UK car output falls in March as EV-transition gears up, says industry body
SMMT said the latest production outlook report by AutoAnalysis expects UK car and light van production to tumble 6.2% to about 940,000 units this year, primarily due to the model changeovers. This is the first time car output has dropped in six months and comes at a time when electric vehicle production has successively grown as giants like Nissan and Tata pour in billions in the country to ramp up EV plans in a bid to become net zero. SMMT has previously said manufacturers are offering "gener
2-min read - BusinessPA Media: UK News
Car production fell last month, figures show
Factories are adjusting for new models, the Society of Motor Manufacturers and Traders said.
2-min read - BusinessAFP
Strong fleet sales offset electric losses at Ford
Strong sales in Ford's fleet business offset deep losses in electric vehicles where the Detroit auto giant has delayed some investments, according to results released Wednesday.But on the flip side, Farley described Ford's electric vehicle business as a "huge drag" due to an oversupply of vehicles that has forced Ford, Tesla and others to cut prices on EVs. The industry overbuilt in response to robust demand early on for EVs from enthusiasts.
2-min read - BusinessReuters
Ford profit beats on commercial sales; EVs still dragging
(Reuters) -Ford Motor Co posted first-quarter earnings on Wednesday that beat Wall Street's expectations, bolstered by a strong performance in its commercial vehicle division and an increase in its hybrid vehicle sales. Ford shares rose more than 3% in after-market trading on the news. Still, Ford is grappling with what CEO Jim Farley called "a huge drag not just on Ford, but on our whole industry": electric vehicle production.
3-min read - LifestyleThe Telegraph
The five best £5,000 family SUVs – and the one to avoid
With used car values starting to fall, 2024 is a good time to act for buyers who’ve been waiting for the bubble to burst on affordable, used family cars. Some models that may have previously been out of reach are becoming more attainable – so for as little as £5,000, it’s possible to bag a very useful, reliable, family-friendly SUV.
8-min read - NewsThe Guardian
VideoAustralia's Instagram-famous 'lawnmower man' transforms a Sydney yard
Around eight years ago, Stafford, who lives in Ryde and has three kids, started filming videos of himself gardening while doing paid jobs. At first they only got a couple of clicks, but after four years of persisting it grew to tens of thousands of hits per video. Now, Stafford is a social media philanthropist who knocks on doors and offers to mow people's lawns for free.
