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Nissan reduces petrol car production as EV sales boom in China

Source: World news | The Guardian · Published

Nissan reduces petrol car production as EV sales boom in China
Source: World news | The Guardian

Manufacturer says ‘shift to new energy vehicles is happening faster than expected’ and market is harsh Business live – latest updates The Japanese carmaker Nissan has said it has been caught out by accelerating sales of electric and hybrid cars in China amid a brutal price war in

Manufacturer says ‘shift to new energy vehicles is happening faster than expected’ and market is harsh Business live – latest updates The Japanese carmaker Nissan has said it has been caught out by accelerating sales of electric and hybrid cars in China amid a brutal price war in the world’s biggest automotive market. The manufacturer slashed its sales forecasts for China and said it would cut back on petrol car manufacturing while increasing production of battery electric vehicles and plug-in hybrids, which combine a smaller battery with a petrol engine. Continue reading...

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ITV to cut costs by £30m amid falling advertising sales
World News

ITV to cut costs by £30m amid falling advertising sales

Ad revenue slowdown forces company to reduce spending on content by £25m before inquiry into takeover by Sky Business live – latest updates ITV plans to cut costs by £30m this year, as the TV sector faces a chill wind of ditched commissions , falling advertising sales and job red

World news | The Guardian ·