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Aston Martin Losses Deepen, Debt Swells, Bondholders Flinch

Aston Martin Losses Deepen, Debt Swells, Bondholders Flinch. “Bondholders have asked the company to produce details of any assets that might have been moved to new ownership” Struggling iconic British luxury sports carmaker Aston Martin’s  recovery plan is teetering and the latest financial numbers show losses widening and debt burgeoning, while some bondholders are unhappy […]

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EU 2035 Monopoly EV Plan Needs Mass Market

EU 2035 Monopoly EV Plan Needs Mass Market. “Europe can certainly build electric cars. The bigger challenge is building seriously affordable ones” If only the European Union could have read the final chapter first, it might have realized its aim to force a new electric vehicle monopoly on its unwilling citizens required small EVs to […]

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VW Profits Slide Could Weaken Union

VW Profits Slide Could Weaken Union. “But if he can convince unions the company’s future is genuinely in peril, they may be more willing to swallow painful changes” Volkswagen said operating profits dived 9.5% in the second quarter while sales for 2026 would slip by 3%, reversing an earlier positive prediction. But investors reacted calmly, […]

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FERRARI LUCE

Ferrari Shares Steady After EV Styling Spat; Prospects Rosy

Ferrari Shares Steady After EV Styling Spat; Prospects Rosy. “The success or failure of this (EV) could influence not only Ferrari’s future but also how other luxury performance brands approach the transition to electric vehicles” Ferrari shares stabilized after its first electric vehicle’s surprising styling spooked investors. Analysts are mostly positive about the impact the […]

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