Supplier MTA, hit early by COVID, sees fast rebound
The immediate impact of COVID-19 has been quickly left behind, said MTA, but questions about its customers’ supply chain linger. MTA’s Codogno plant produces electrical components such as fuse boxes and power distribution units. Another plant in Rolo, Italy, specializes…
Italian supplier MTA, hit early by COVID-19, sees swift recovery
The immediate impact of COVID-19 has been quickly left behind, said MTA, but questions about its customers’ supply chain linger. MTA’s Codogno plant produces electrical components such as fuse boxes and power distribution units. Another plant in Rolo, Italy, specializes…
VW sees EVs making up 90% of Norway sales in 2021
OSLO — Electric cars will likely make up 90 percent of Volkswagen Group’s sales in Norway next year and could completely replace diesel and gasoline engines in the Nordic country by 2023, the automaker’s local importer said on Wednesday. The…
Strong demand sees used cars accelerate off forecourts
Strong consumer demand for used cars in September saw cars shifting off forecourts at the fastest rate since showrooms re-opened in June. Days to sell continued to normalise averaging 47.2 days, a 10-day improvement on August’s figure and closer to…
Mercedes sees boom in luxury used car market, post lockdown
Mercedes-Benz used car prices in India have seen an increase due to limited availability of new cars Buyers are choosing used cars due to increase in prices of new BS6 cars Cars like C-Class, E-Class, GLC in particular have witnessed…
Toyota sees steady month on month growth selling 8,116 units
© Provided by The Financial Express BS6 Toyota Innova Crysta 2.4 Diesel AT review: Still The King of MPVs Toyota Kirloskar Motor has announced that the automaker has sold 8,116 units in September 2020. In August 2020, Toyota sold 5,555…
Asbury Automotive Sees Hammer Chart Pattern: Time to Buy?
Asbury Automotive Group, Inc. ABG has been struggling lately, but the selling pressure may be coming to an end soon. That is because ABG recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom. What is…
Carvana sees record sales fueled by shift to online buying
Gabrielle Coppola, Bloomberg Published 11:41 a.m. ET Sept. 22, 2020 Carvana Co., the online car retailer that went public in 2017 and has yet to post a post a quarterly profit, soared in early trading after it forecast record sales…
Online used-car retailer Carvana sees record third quarter as vehicle demand rebounds
FILE PHOTO: Vehicles are displayed at a Carvana dealership, which allows customers to buy a used car online and have it delivered or pick it up from an automated-tower, in Austin, Texas, U.S., March 9, 2017. REUTERS/Brian Snyder (Reuters) –…
Musk sees no immediate boost from Tesla’s ‘Battery Day’ tech unveil
Tesla CEO Elon Musk said improvements to be unveiled at the electric-vehicle maker’s “Battery Day” event would not reach “serious high-volume production” until 2022, knocking its shares down. Analysts were expecting Musk to unveil at the event plans for Tesla…
