Tag: Profit margins

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China’s New EV Maker Reports $9,200 Loss Per Smart Car –...

Xiaomi, the Chinese tech giant known for its smartphones, made a bold move into the electric vehicle market with the launch of its Speed...
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Drivers Overcharged £1.6 Billion for Fuel by Retailers: Auto Express

Drivers were shocked to learn that they were overcharged a staggering £1.6 billion for fuel by retailers last year. The Competition and Markets Authority...
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Tesla’s Price Cuts Boost Global Sales, Yet More Improvement Needed

Tesla has been facing a decline in global deliveries since 2020, but recent aggressive price cuts have helped boost sales, according to the latest...
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Stellantis Sales Decline: What’s Going Wrong?

Stellantis recently released its second-quarter sales figures, and the results are not looking great. Most of the Detroit-based brands, such as Ram, Jeep, and...