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High prices and an absence of inexpensive models already had been preserving some consumers away. Now, higher rates of interest and falling used-car costs are alienating even more. Nissan and Renault unveiled a long-planned restructuring of their two-decade-old alliance—a decoupling that falls in need of a full divorce however provides each car company extra autonomy after years of tensions. The company is in advanced talks with a few of the greatest miners, including over potential stakes in lithium mining or processing operations, Volvo Car CEO Jim Rowan said. European lawmakers permitted a regulation that may effectively ban the sale of latest gasoline-powered vehicles within the area from 2035. Some Teslas could—in uncommon circumstances—violate local visitors laws and potentially increase the chance of a collision if a driver fails to intervene, according to federal security regulators.
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