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Chip shortage and Ukraine war hit new car sales in Europe

European new car registrations fell by 20% to 821,000 units in April hit by the shortage of semi-conductors and uncertainty generated from the war in Ukrai

Formidable adversary. President bidens hope is to open the lines of communication with russia. He wants to stop any further deterioration in the relationship which he admits has reached a new low point. Theres a lot on the agenda from nuclear arms and Climate Change to recent Cyber Attacks and a potential Prisoner Swap for americans detained in russia. There will be no, repeat, no typical joint News Conference afterward. Instead each lead letter hold his own press briefing. The white house is determined to avoid the kind of embarrassing spectacle we witnessed back in 2018 in helsinki when then President Trump took the stage with putin and said he believed the russian leader over his own, his own u. S. Intelligence agencies. The long awaited biden putin summit takes place next hour at the historic villa la grange. Our team is here covering every monumental level and the stakes are enormous. Lets begin with natasha. Who will be there . How will it be structured . Yeah, wolf. So the forma

CNN New Day With John Berman and Brianna Keilar March 14, 2022 12:43:00

russia is denying this report, that says russia is threatening to seize assets of any companies that leave the country including mcdonald s and coke. joining me now, cnn senior affairs global analyst, bianna golodryga. if you go back to september, obviously before russia invaded ukraine, the same threats were delivered at tech companies for using the navalny app. this is a tactic they used before. clearly now they ve upped the ante. these companies have made their decision at this point. i don t think anything will get them to change that decision. i m not quite sure what impact the threats have on the private sector. it s showing they have nothing else to resort to. these are western companies that have started business in clans in russia. the threats are against

European car sales in February fall to 40-year low

New car sales across Europe fell to a 40-year low in February with supplies hit by the semiconductor shortage and the war in Ukraine. Many OEMs were forced

Europe: Plug-Ins Surged To Record 29% Share In December 2021

The European passenger car market was not able to rebound from the chip supply crisis in December and noted another decrease. Meanwhile, EVs surged.

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