Why the Toyota Vitz is popular in Ghana, offering outstanding fuel efficiency, affordability, and easy maintenance for young professionals and ride-hailing drivers.
Why the Toyota Vitz is popular in Ghana, offering outstanding fuel efficiency, affordability, and easy maintenance for young professionals and ride-hailing drivers.
Mercedes-Benz said Thursday it planned hefty cost cuts after its 2024 profits plunged by almost a third amid a slump in China and weak electric car sales, as Germany's auto sector reels. German manufacturers all invested heavily in China in recent decades and came to rely on the world's biggest auto market for a hefty chunk of their sales and profits.
Renault confirmed on Thursday it defied headwinds in the car industry by boosting revenue and attaining record profitability in 2024 thanks to the success of its new line up of vehicles, although net profit sank as it scaled back its partnership with Nissan. However net profit sank to 800 million euros due to a 1.5-billion-euro loss it booked on the sale of Nissan shares.
Japan's trade minister is arranging a visit to the United States in coming weeks to seek exemptions from President Donald Trump's tariffs, local media said Thursday. Vehicles represented 28 percent of all Japan's exports to the United States last year.
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