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There's no relief in sight for US car owners who've faced soaring costs of maintaining a vehicle in the past two years. Prices of motor-vehicle insurance rose 20.3% in December from a year.
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In the worst-case scenario, as many as 85,000 jobs in Slovakia, or 4.5% of the workforce, may be eliminated in the shift to electromobility, according to a study by GLOBSEC, a think tank based in.
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The automotive industry is racing toward a new world, driven by sustainability and changing consumer behavior, encompassing electric vehicles, connected cars, mobility fleet sharing, onboard.
This Map Shows Which Countries Rule the Automotive World
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Worldwide car sales at 86 million
BEIJING (AP) — China's auto exports surged 63.7% in 2023 while domestic sales, boosted by year-end incentives, rose 4.2%, an industry association said Thursday. The surge in exports, to 4.1 million according to the China Association of Automobile Manufacturers, may propel China past Japan as the world's number one exporter of cars.
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The world’s largest car manufacturers (infographic)
In 2023, passenger car exports rose 62% from 2022, according to the CPCA. More than a quarter of them were electric, it said. In fact, exports of all EVs — including battery electric vehicles.
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Global Car Sales Separating the 70 to 80 million cars by manufacturers
But most US consumers aren't going along for the ride. EVs remain too costly, at an average price of $60,544—about $13,000 more than a gas-fueled car, according to automotive researcher.
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These 14 companies dominate the world's auto industry
At the MotorTrend Car News section, you'll read about the hottest rumors and car reveals, follow breaking auto industry news, learn about cutting-edge tech trends, catch up on the biggest auctions.
Top 10 Car Manufacturers globally and their subbrands.
By. Selina Cheng. Updated Jan. 9, 2024 7:27 am ET. Listen. (2 min) China is now the world's largest auto exporter with Russia becoming its biggest buyer this year. WSJ explains how Chinese car.
Why the automotive industry is betting big on artificial intelligence
Size is also a core tenet of luxury, and premium-brand vehicles tend to skew larger and pricier. Our list of best luxury cars for 2023 focuses on the largest and most traditional models, such as.
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