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Added on the 21/04/2016 03:28:02 - Copyright : Reuters EN
During a speech delivered to the press in London's Downing Street briefing room, British Prime Minister Rishi Sunak announces the push back of the ban on the sale of petrol and diesel cars from 2030 to 2035. "We're going to ease the transition to electric vehicles. You'll still be able to buy petrol and diesel cars and vans until 2035.", he states. The announcement comes as the UK softens its policies initially aimed at achieving net zero carbon emissions by 2050. IMAGES
General Motors has issued a recall of over 60,0000 Chevrolet Bolt electric vehicles. According to Business Insider, the recall is due to at least five incidents of Bolt batteries catching fire. The vehicles affected by the voluntary recall were manufactured between 2017 and 2019. The automaker is working with US auto regulators to identify the causes of the fires. Experts advised owners to park the cars"outside and away from homes" until the repairs can be made. GM said it has developed software that will limit vehicle charging to prevent future incidents.
Volkswagen is the world's largest carmaker. Business Insider reports the company returned to profit in the third quarter. This is thanks to surging demand for luxury cars such as Porsche and Audi in western Europe and China. VW's chief financial officer, Frank Witter, warned that "the coronavirus remains a central problem." VW said it's full-year 2020 profit would be "severely lower" than in 2019. The profits would still be in "positive territory" after a second-quarter loss of 1.7 billion euros ($1.99 billion). A series of cost-cutting measures launched earlier this year helped VW's performance during the third quarter.
Tesla reported its best quarterly profit on Wednesday. According to CNN, shares of Tesla (TSLA) climbed again in after-hours trading on the earnings report. The auto manufacturer said it hopes to hit its target of half a million car sales this year. The positive report and high target came as good news to investors in the stock, which has gained more than 400%. There had been doubts that Tesla could achieve its goal of delivering 500,000 due to the Covid-19 pandemic.
In this video, Rebecca Jackson discusses what to keep in mind when buying an SUV, focusing on elements such as its driving characteristics, the amount of space on offer for passengers and luggage - including how easy that space is to access - and whether you want petrol or diesel
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