Nissan Is Not Giving Up on Infiniti: Prospects for the Premium Brand
Recent statements from Nissan's management indicate that the company is not looking to withdraw from the premium car segment under the Infiniti brand. Despite facing challenges in recent years, including declining sales and insufficient competition in the growing market, Nissan continues to invest in the development and renewal of this brand.
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Hyundai Motor Company Announces Major $21 Billion Investment in the U.S.
Recently, the CEO of Hyundai Motor Company, Chung Sung-ho, made a significant announcement regarding a $21 billion investment in the economy of the United States. This move is in response to the growing needs of the American market and the company’s ambition to strengthen its position within it.
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Hyundai Announces Major Investment in US Manufacturing: A $20 Billion Commitment
A significant news has emerged from the automotive industry: Hyundai Motor Group has announced its plans to invest $20 billion in American manufacturing. This move reflects the company's strong interest in developing production in the U.S. and its intention to expand its capabilities in the local market.
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Stellantis Implements Innovative Approach Offering Employees Payouts to Quit
Stellantis, a major automotive group formed from the merger of Fiat Chrysler Automobiles and PSA Group, has announced a new program aimed at streamlining its workforce and reducing costs. This initiative includes offering financial incentives to employees willing to voluntarily leave the company. In recent months, Stellantis has faced numerous factors, including global economic changes and shifts in consumer preferences, which have led to the launch of this program.
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Cadillac CT4 and CT5: The Last Chance for Combustion Engines
According to recent reports, Cadillac is phasing out the gasoline versions of its CT4 and CT5 models, marking the end of an era for traditional internal combustion engines in this segment of vehicles. These changes are expected in the coming years as the automotive market gradually shifts towards electric mobility. It has been noted that new models with purely electric drive will be launched, reflecting global trends towards reduced carbon emissions and increased environmental initiatives by major automakers.
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GM Decides to Drop Apple CarPlay Support for Its Electric Vehicles
Recent news reports that General Motors (GM) has made the decision to discontinue support for Apple CarPlay in its new electric vehicles built on the Ultium platform. This decision comes as a surprise to many car enthusiasts, as Apple CarPlay is considered one of the most popular solutions for connecting smartphones to cars, allowing drivers to utilize apps, receive navigation guidance, and control music playback through the car's interface.
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Elon Musk Opens Up About Tesla: Internal Struggles and Employee Inspiration
Yesterday, during a company-wide meeting, Tesla CEO Elon Musk admitted that amidst the current economic uncertainty, he sometimes feels like "everything is heading towards Armageddon." However, he aimed to reassure his employees that the company is still on the right path despite the challenges. Musk emphasized that their work is crucial not only for Tesla's future but for the entire electric vehicle industry.
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Alfa Romeo Giulia: How Long Will the Current Generation Last?
According to recent reports, Alfa Romeo continues its planning not only for the near future but also for a more distant perspective. The Giulia model was introduced to the public in 2015, and despite the presence of a new model, there is a possibility that the Italian company may extend the life of the current Giulia generation until 2026. This decision is based on a combination of factors, including stable demand for the model and a lack of significant changes in the premium sports segment.
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Used Electric Vehicle Prices Drop 15% in 2023
According to a recent study, used electric cars have become significantly cheaper this year, with prices slashing by 15% compared to the same period last year. This sharp decline in prices is occurring against the backdrop of an increased supply of electric vehicles in the secondary market as well as a slowdown in consumer demand.
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First Audi Electric Car from Chinese Brand: Expanding Horizons
Audi has announced the launch of its first electric vehicle, which will be developed in collaboration with a Chinese automaker. This step marks a significant move for Audi in expanding its presence in the rapidly growing Chinese electric vehicle market. Through successful cooperation with the Chinese side, Audi plans to introduce its new model that aims to meet the demands of local consumers.
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