Brussels, Belgium. The European Union (EU) adopted regulations this Tuesday to apply heavy additional tariffs, of up to 35.3 percent, on electric vehicles imported from China, seen as responsible for harming competition in the bloc. These vehicles were already subject to customs duties of 10% and now have tariffs that reach a maximum of 35.3 … Read more
Chinese car manufacturers are no longer catching up with Western ones, but in many ways they are setting trends and impressing with the speed of technological development. That they will be a strong competitor for rivals from all corners of the world was demonstrated by Xiaomi last time when it confidently entered the electric car … Read more
If in 2023 Stellantis produced 751 thousand vehicles, including cars and vans, in Italy, for the end of 2024 the estimate is much lower: just over 630 thousand. The objective, as per the government’s request and the challenge taken up by CEO Carlos Tavares of reaching one million units, remains in the book of dreams. … Read more
Automobile companies, suppliers, dealers, as well as technological and financial companies connected to the automotive industry are sounding the alarm. The massive investment in the expansion of the electric car market is not yet sufficiently returning, pure electric cars are sold less than expected. Managers from the industry are losing confidence in more significant growth … Read more
Be very careful when buying used cars because you could run into the “mileage” car scam. These are cars that are sold at higher prices than their real value as they do not have the kilometers indicated but would have many more. This is a big problem for consumers who fall for the scam. In … Read more
In sales of pure electric cars, Toyota lags far behind in Europe. It currently controls only about one percent of the market with its battery cars. It wants to accelerate the transition to “electricity” significantly, it recently announced a new goal – the sale of electric cars should account for twenty percent of all its … Read more
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:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/FSIUCEJRMFDT7IRAHHIKODAFQY.jpg "Toyota is sentenced to pay US million for deception in car loans")
Bloomberg — Toyota Motor Corp.’s (TM) lending division will pay $60 million to settle a U.S. regulator’s allegations that it tricked customers into buying additional products that increased their payments and then dragged them off when they tried to cancel them. . Toyota Motor Credit Corp. allegedly lied about whether the extras were required or … Read more
Drivalia conquered the Czech market through the acquisition of the leasing company LeasePlan. “We believe that we will overcome the negative signals from the market with a good offer even against stronger competitors,” says Paolo Manfreddi, CEO of Drivalia, who also acts as head of European markets and business development for CA Auto Bank, owner … Read more
After all, Francisco Conceição’s purchase clause was set at ten million euros and will be automatically activated if the winger plays at least 45 minutes in 25 games. In fact, it is identical to what had been established in the transfer of Jorge Sánchez, but with different values (more than double), taking into account that … Read more