Musk dismissed the report as "fake news", but he and his companies' own narratives and forecasts rarely hold up to scrutiny. By Stewart Burnett The post Musk denies WSJ report Tesla may spin off China business appeared first on Automotive World.
Despite revenue growth and improving global sales volume, Renault is struggling to extract much profit from its cars. By Will Girling The post Geographic mix and competition squeeze Renault’s margins appeared first on Automotive World.
Automotive World sixth consecutive monthly downgrade to the global light vehicle sales forecast reflects downturn in China and Turkey The post China LV demand continues to drop, rest of world increases appeared first on Automotive World.
Rivian has adjusted its delivery forecast by some 3,000 units, but not enough to justify its upcoming 300,000-capacity Georgia plant. By Stewart Burnett The post Rivian narrows its losses in Q2, clears R2 demand hurdle appeared first on Automotive World.