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Returns reach more than $40 million for 2021.
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The Ukraine War will lower global light-duty vehicle production through next year by millions of units, predicts the automotive research firm.
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BMW reports 2022 margins will be lower because of the Russia-Ukraine conflict.
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Volkswagen Group will shift production to China and North America after wire harness and other material shortages from Russia's invasion of Ukraine impact European production.
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Overall market declines continued last week, but the rate of declined lessened.
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February’s CPO result is the highest since October 2021 and interrupts a six-month downward trend.
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By sharply reducing fleet sales, Hyundai can deliver more inventory to dealers.
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BMW will gradually resume production at its Munich and Dingolfing plants next week after suspending production over supply chain shortages.
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In January, Tesla Inc. lead U.S. luxury market sales, lapping segment leader BMW in new vehicle registration, finds Experian data.
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Any company that benefits from partnering with agents, would find value in exhibiting at the 2022 event.
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