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Tesla Price Cuts Are Warning to Rival EV Makers, Says Renault Executive: Report

Tesla has cut prices in a number of European countries, including France and Germany.

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European Markets Fall Sharply as New Sanctions Are Imposed on Russia; Stoxx 600 Down 1 7%

European stocks were sharply lower on Monday as global markets track developments in the Russia-Ukraine crisis.

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Renault, Hyundai and VW Have Most Exposure to Russian Car Market

Renault Group accounts for 39.5% of the country’s vehicle production, followed by South Korea-based Hyundai Group at 27.2%, according to IHS Markit.

South africaUnited statesStephanie brinleyTim urquhartLita shon royRenault groupHyundai groupFord motorSouth korea based hyundai groupGeneral motorsFiat chryslerTechcet presidentAutomobiles and componentsReaking news businessUsiness newsUrope news

Renault, Hyundai and VW Have Most Exposure to Russian Car Market

Renault Group accounts for 39.5% of the country’s vehicle production, followed by South Korea-based Hyundai Group at 27.2%, according to IHS Markit.

South africaUnited statesStephanie brinleyTim urquhartLita shon royRenault groupHyundai groupFord motorSouth korea based hyundai groupGeneral motorsFiat chryslerTechcet presidentAutomobiles and componentsReaking news businessUsiness newsUrope news

Renault, Hyundai and VW Have Most Exposure to Russian Car Market

Renault Group accounts for 39.5% of the country’s vehicle production, followed by South Korea-based Hyundai Group at 27.2%, according to IHS Markit.

South africaUnited statesStephanie brinleyTim urquhartLita shon royRenault groupHyundai groupFord motorSouth korea based hyundai groupGeneral motorsFiat chryslerTechcet presidentAutomobiles and componentsReaking news businessUsiness newsUrope news

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