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Weekend Round-Up: Tesla Triumphs Amid EV Sales Slump, Ford Faces Recall Woes And BYD Plays The Bond Card
This automotive industry recap highlights Tesla’s surprising market share gain in US EV sales despite a sector-wide decline. Ford is facing ongoing recall issues with over 250,000 SUVs, while BYD is expanding into Europe with a James Bond-themed advertising campaign to challenge Tesla. Additionally, GM’s shares rallied due to falling crude prices, which are boosting the auto demand outlook.