Bloomberg The National Highway Traffic Safety Administration (NHTSA) is investigating whether faulty suspension parts on nearly 115,000 Tesla Inc cars can result in damage to the tires. The agency said it received 43 complaints about 2015 through 2017 Tesla Model S and 2016 through 2017 Model X vehicles. NHTSA said 32 of the complaints involve failures that occurred during parking ...

Bloomberg England’s luxury stores will have more than Christmas sales to worry about when they reopen next week. Many fear a planned tax change related to Brexit could hurt business even more than Covid-19 lockdowns. Retailers are calling on UK Finance Minister Rishi Sunak to reverse a decision to abolish a perk for shoppers from China, the Middle East, the ...

Bloomberg Volkswagen AG is accelerating development of a compact electric car that will cost less than 30,000 euros ($35,800) as tightening emissions rules and generous subsidies bolster sales of battery-powered vehicles, according to people familiar with the matter. The VW-branded car may be introduced as early as 2023, flanking the ID.5 crossover to be sold from next year as well ...