The reason why I think Ford, Toyota and Renault are the only automakers who acknowledge the challenge posed by Tesla is that they’re the only ones to carve out separate EV business units that will function like startups.
Sometimes referred to as the gray market, parallel imports are vehicles supplied to Russia by countries with which it has maintained economic ties throughout the war with Ukraine, such as China and Turkey.
WardsAuto Podcast: Volkswagen Group is going through pain and financial worry as the industry transitions from internal-combustion-engines (ICE) to electrification.
