The move was a tacit acknowledgment of China’s dominance in the global market and the power of its automakers to keep prices low. Original Image Link Source:www.nytimes.com
Honda Motors reported its first annual loss in nearly 70 years, which came as a result of an emphasis on electric cars. The Japan-based car company has been listed on the stock market since 1957, but the combination of electric vehicle bets and Trump trade policies led to its first-ever year in the red. Original Image Link Source:www.msn.com
The new Luce model has divided opinion on social media, and comes despite intense pressure from Chinese EV makers. Original Image Link Source:www.aol.com
Ferrari shares fall nearly 8 per cent after disappointing reviews and a cool response. Read more at straitstimes.com. Read more at straitstimes.com. Original Image Link Source:www.straitstimes.com
Ferrari CEO Benedetto Vigna on Thursday said the cost of the manufacturer's new Luce model was a fair price to pay for innovation. Original Image Link Source:www.msn.com
It’s never a good sign when your former chairman explains that he has to bite his tongue about your much-anticipated major product launch. Former Ferrari president and chairman Luca di Montezemolo was so appalled by the Luce, Original Image Link Source:finance.yahoo.com
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