Luxury Car Market on Course for $1 Trillion Market Value

The last few years have been tumultuous for the global automotive industry, with a combination of demand-dampening lockdowns and supply-constricting silicon shortages conspiring to create the most challenging market environments in recent memory.

The years ahead look to provide little respite. Environmental and political factors are likely to accelerate the drive toward fully electric vehicles becoming commonplace. This trend is likely to be especially prevalent at the…

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