Car news this week: Top stories 22-28 May 2022

Every single week we are going to hold you up to velocity and deliver you the ‘watercooler’ details of what has occurred in the earth of cars and trucks and motoring with the 5-most important tales we’ve included. This is what you need to have to know…

Electric automobile giant Tesla has experienced an crucial fall of $US558.19 billion ($AU790 billion) given that November very last calendar year. The dive arrives as the firm’s CEO, Elon Musk, produced a offer to get Twitter. Read through the total facts in our write-up.

Mercedes-Benz has unveiled designs to drop three of its 7 most affordable compact versions. As aspect of a new business technique, the German automaker will also be concentrating on bigger-conclude autos – all in a bid to enhance revenue. Examine out all the particulars listed here.

German producer BMW has reported dismal sales final results in April, with stock shortages continuing to delay deliveries. The decrease of 22.8 for every cent sees the automaker slide driving its luxurious rivals Mercedes-Benz and Audi. Study the specifics listed here.

Ford Australia has issued a statement in reaction to its showroom networks charging extraordinary dealer shipping and delivery charges on in-need automobiles.

As inventory shortages go on as a result of manufacturing delays, sellers have been introducing abnormal delivery expenses to the buys of preferred autos in an effort and hard work to enhance revenue. See the brand’s reaction in our story listed here.

Japanese automobile large Toyota is going through another spherical of output cuts at its Japanese factories. Owing to ongoing element shortages, the manufacturer has previously encountered much more than 15 rounds of generation pauses because the get started of 2022. Verify out our posting to examine all about it.

These are the most study tales of the week. You can read all the car or truck news included by Push on our information feed in this article.