IMF cuts global growth forecast - again - Indonesia Motor Show smaller than ever before - Digital sales now top music industry revenues - EU takes aim at shell companies and multinationals
The US car market appears to be cooling faster than expected as the big three American automakers as well as their foreign rivals reported fewer sales in April - the fourth consecutive month of declines.
We've all heard of top e-car maker Tesla Motors. Now a new competitor, Faraday Future, is entering the market. The company says its first production cars will roll into showrooms in 2018.
Diesel emissions scandal? Lawsuits, fines, turmoil at headquarters? Whatever. VW Group sold more cars and light trucks than any other carmaker in the first half of 2016, ahead of close rivals Toyota and General Motors.
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