Nissan is facing a serious financial crisis, with losses of $4.5 billion over the past year. As part of a recovery plan called “Re:Nissan”, the automaker has decided to suspend the development of some new vehicles, especially those scheduled beyond the 2026 fiscal year.
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USA Bans Sales of Cars with Chinese and Russian Technology to Protect Citizens’ Data
The U.S. government, under the Biden administration, has finalized a rule banning the sale of new cars containing technology from China or Russia in order to protect national security.
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Jaguar ends new car sales in the UK and aims for a 100% electric comeback in 2026
Jaguar will end sales of all new cars in the UK in November, marking a pause in the brand’s operations until its return as an exclusively electric vehicle manufacturer in 2026.
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Auto loans become the 2nd largest household debt in the U.S. and threaten the economy
The debt of new and used cars is growing rapidly in the United States, surpassing student loan debt and becoming the second largest debt of American households, behind only mortgages.
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California Senate Approves Law Requiring New Cars to Issue Audible Alerts When Exceeding Speed Limits
The California Senate has approved a law that would require all new cars to issue audible alerts if they exceed the speed limit
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