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Elon Musk tops Forbes list of 400 wealthiest Americans
Tech billionaire’s fortune represents new record for Forbes list Tech billionaire Elon Musk topped Forbes’ list of the 400 wealthiest…
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Ford warns investors of an extra $1 billion in supply chain costs during the third quarter
Ford Motor on Monday warned investors that the company expects to incur an extra $1 billion in costs during the…
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Ferrari just revealed its first-ever 4-door model, a high-riding and powerful sports car called the Purosangue
Ferrari’s new Purosangue is a four-door model with SUV-like proportions powered by a 715-horsepower V-12 engine.The Purosangue, Italian for “thoroughbred,”…
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Ford asks dealers to invest in EVs as it chases Tesla-like profit
Ford CEO Jim Farley wants Ford dealers to become the most valuable franchise in the industry, as the company plans…
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China’s EVE to supply BMW with large Tesla-like cylindrical batteries in Europe
China’s EVE Energy Co Ltd will supply BMW with large cylindrical batteries for its electric cars in Europe, two people…
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Tencent plans to divest Meituan stake worth $24 billion
Tencent seeks to kick off Meituan stake sale this year-sourcesSale seeks to placate regulators, monetise 8-year-old bet-sourcesStake sale likely to…
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Turkiye, Iran and Russia mull joint car production
Automobile industry officials from Iran, Russia and Turkiye are considering joint car design and manufacture after sanctions on Moscow and…
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GM investing $81 million to hand build ultra-exclusive Cadillac Celestiq electric cars
GM on Wednesday said it is investing $81 million at its tech center in suburban Detroit to hand build the…
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3 energy firms among top 10 Turkish exporters
Turkiye to reach its export target of $250B this year, President Recep Tayyip Erdogan says While the share of automotive…
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