EVs Are Selling Well For Everyone Except Tesla
Photo: Tesla Recently, it seems there’s been a lot of doom and gloom around EV sales. Despite ever-dropping prices the market just hasn’t grown the way automakers would like, leading …
S&P
Overconfidence or ignorance? BJP’s disregard for ground reality could be the real reason behind below-par performance
After a decade of remaining in power and confident from delivering on its poll promises, the Bharatiya Janata Party (BJP) approached the 2024 Lok Sabha elections with high expectations. The …
Brace for ‘third wave’ of China bond defaults amid high financing costs, slow growth and tighter state policies, S&P says
China could face a third wave of corporate bond defaults at home and abroad this year, as high financing costs, slow economic growth and tight government policies heap pressure on …
Hong Kong grocers feel pain as locals rush to Shenzhen for cheaper prices; luxury and experiential retailers fare better
Improved retail sales last year appear to have helped retail landlords, as the average retail rent rose 4 per cent in 2023, according to government data. This put shop rents …
Hong Kong’s property downturn yet to run its course, with home prices set to decline by up to 10% this year, S&P says
Hong Kong’s current property market downturn is cyclical and not structural, according to S&P Global Ratings, which expects home prices to decline by as much as 10 per cent this …
Goldman Sachs says Hong Kong home prices will rebound in 2025 after hitting bottom this year, raises office market concerns
Hong Kong’s residential property market is poised for a rebound in 2025 with an anticipated 5 per cent increase in home prices after reaching a low point this year, Goldman …
China fines S&P Global Ratings US$297,000 for business violations
China’s central bank said on Friday it had fined six credit ratings firms, including the China unit of S&P Global Ratings for violating rules. The People’s Bank of China (PBOC) …
Tesla Lost Almost $100 Billion In Valuation So Far This Year
Good morning! It’s Tuesday, January 16, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …
Mazda Iconic SP Concept Is An FD RX-7-Inspired Rotary Hybrid Beauty
Mazda knows how to hit absolute dingers when it comes to concept cars, and its new Iconic SP concept sports car that was revealed at the Japan Mobility Show is …
Subscriptions In Cars Aren’t Always A Turn-Off
Image: BMW Whether you like it or not, subscription-based vehicle features are coming. Make no mistake, its a horrible idea to have to pay to unlock a feature that has …