Business

[ad_1] Oil prices fell on Monday, and that’s a sign that global stocks of raw materials are filling up fairly quickly. That is a sign that reducing production will not be enough to make coronavirus collapses in search demand, writes Reuters Futures of United States light crude (WTI) reported significant …

[ad_1] Adidas reported large losses in the first quarter of the year. The giant reported a 93% drop in profits and 19% less sales during the period. Meanwhile, the company warned of an even bigger hit to revenue in the second quarter after a crash due to the new coronavirus …

[ad_1] The Polestar 2 is the first Volvo Car Group all-electric electric car to be sold in the US. USA To a price $ 60,000. For the money, the buyer receives Android Automotive, a 408 horsepower engine, and a 443 km battery. The terms of the lease will be announced …

[ad_1] Volkswagen will restart production at its factory in Wolfsburg, Germany on Monday, Reuters reports. This is another European auto plant that takes advantage of quarantined measures to resume production, BNR reports. The world’s largest automaker celebrates restarting production at its largest plant in Wolfsburg, projecting a VW logo that …

[ad_1] Automotive industry leader Volkswagen reopens the world’s largest auto manufacturing plant. The giant’s base in the German city of Wolfsburg will reopen on Monday after it closed due to the spread of the coronavirus in Europe. The group’s official announcement made it clear that work at the factory will …

[ad_1] The company will focus its financing on other models. The future of Renault Megane is in doubt, revealed by the management of the French company to Auto Express. The model has been on the market since 1995, but A decline in sales and a focus on EV development are …

[ad_1] The Megane has always been one of the most successful Renault models. The car debuted in late 1995 and is available in various body styles to meet the needs of buyers. Today, the Megane is competing in the highly disputed compact car segment, but for Renault, the numbers don’t …

[ad_1] The total wealth of American billionaires, including Amazon and Tesla founders Jeff Bezos and Ilon Musk, has increased nearly 10% since the start of the crisis due to the new coronavirus, according to a report released by the Washington Institute for Political Intelligence . And while people like Musk …

[ad_1] Skoda has patented the trade name Kliq at the Indian Ministry of Industry and Commerce. It is expected to be given a new compact crossover, which debuts as a conceptual model in early 2020. The manufacturer’s assumptions of such intent are due to the fact that the names of …

[ad_1] Getty photo. The German company Lufthansa has spent the last two decades creating a business empire that extends to the richest countries in continental Europe. The coronavirus is forced to stop working due to the coronavirus crisis, which is already seeking financial support from four governments Bloomberg TV Bulgaria …