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Independent luxury brands face pressure to sell or seek investment amid the market downturn.Even the biggest and most successful independent brands with cult followings are under pressure.Experts say we will likely see more brands consolidate as the industry slows.Sell up or get out.It’s a decision some independent luxury brands are…
Tesla has reportedly been considering building a new factory in India, the world’s third-largest car market.MG Motor India executive Rajeev Chaba told CNBC the move could boost India’s EV market. Only a fraction of vehicles sold in India are electric, but that could be about to change. Tesla has been eyeing…
By Daina Beth Solomon, Fabian Cambero and Ernest ScheyderSANTIAGO (Reuters) – Chile’s state-run miner Codelco must focus on boosting its production, but it has a global prestige that would not be tarnished if it cedes its role as Chile’s top producer to rival BHP, Mining Minister Aurora Williams said on…
