Well, not really a collapse. Sales actually increasing % YOY. The delay in tariffs will supercharge EV sales as the Chinese wave of affordable EV’s hits Europe.
https://www.reuters.com/markets/europe/eu-october-car-sales-up-146-ev-sales-jump-more-than-36-2023-11-21/
Some more good news. Dealerships are seeing less traffic for servicing due to costs. Luckily, EV’s solve that issue and that will see even more consumers choose an EV. Poor old Car Dealership Guy will have to change his X handle soon. Maybe “EV Online Guy”.
https://x.com/guydealership/status/1732771895840301541?s=46&t=8MovRgRX-kb0IV0qsGQGXw
Good News & Bad News, page-36575
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Last
$2.98 |
Change
-0.020(0.67%) |
Mkt cap ! $8.972B | |||
| Open | High | Low | Value | Volume |
| $2.92 | $2.98 | $2.90 | $38.78M | 13.16M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15056 | $2.97 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 89928 | 9 |
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| PLS (ASX) Chart |