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Despite surging vehicle sales, the industry faces a sobering reality: profits are thinning, weaker players are folding, and Beijing is stepping in to curb what it now calls ‘rat race competition’.
Some told Eckard their factories could be idled by mid-July without backup magnet supplies. "The whole car industry is in full panic," said Eckard, CEO of Magnosphere, based in Troisdorf, Germany.
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GB News on MSNTUI River Cruises launches new cruise routes with 33 sailings across Europe and beyond - on sale within weeksTUI River Cruises has unveiled its most extensive winter programme to date for 2026-27, featuring 33 sailings across its ...
Western Europe’s car market selling rate fell to 10.9 million units/year in May, from 11.2m/pa in April.
Fiorentina will visit the King Power Stadium on the final weekend before the Championship campaign begins with the club ...
Even as battery-electric car sales in Europe jumped by almost 28% in April, Tesla logged a catastrophic 49% drop.
Investors warily eyeing U.S. Treasuries may be tempted to turn to jointly-backed European bonds instead, but there's just not ...
KONE Oyj faces challenges in China's real estate market, but service and modernization revenues remain strong. Find out why ...
While the European EV market is booming, Tesla just bucked the trend with plummeting sales, signaling a huge problem for the ...
The Trump administration’s policies may have contributed to lower ticket sales for a Club World Cup tournament starting next ...
Citizen is beloved for its cozy bedding, and it's running a can't miss sale with 20% off sheets and up to 50% off soft goods, ...
Lululemon's stock dip offers GARP investors a prime buy opportunity with strong margins, global expansion, and justified ...
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