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GM: Q2 gross sales up 19% on industrial, SUV positive factors

Baua Electric

Day to moment, GM stated it has completed its best industrial gross sales since 2007. Complete-size SUV gross sales soared 42 % within the quarter. Pickups and full-size SUVs — GM’s maximum winning automobile traces — accounted for 45 % of the corporate’s gross sales within the first part of 2023. Do you know?

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Honda admits it needs affordable EVs with plans for an electric Civic successor

Baua Electric

For Honda to compete as the industry shifts to electric, CEO Toshihiro Mibe explained, “We need more affordable EVs.” Honda to launch an affordable electric Civic replacement The company revealed two new EV concepts as part of its new “0 series” electric brand at CES earlier this month. Let us know below.

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2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

Year 2024 promises to be an exciting one for the automotive industry as it moves into new territories of innovation and changing customer demands. So, while the Covid-19 lockdowns severely affected the entire automotive industry’s value chain, it also began to embrace a fresh perspective amidst the global crisis. lakh crore (USD 69.7

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J.D. Power: US growing increasingly divided on EV adoption

Green Car Congress

Luxury EVs Still Wield Outsize Influence on Affordability. While true parity between the EV and ICE vehicle markets will only be achieved when manufacturers produce more mainstream EVs, the recent news cycle has been dominated with updates on luxury SUVs and trucks like the new Escalade IQ from Cadillac and the Tesla Cybertruck.

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Toyota a winner as CO2 reduction plan introduced to parliament with less pressure on SUVs and utes

EV Central

Aussie CO2 standard tough on Toyota, SUVs and utes READ MORE: Get out of the way diesel! Even so, Toyota and the industry face huge challenges that must be addressed before these significant reductions can be realised.” However, we continue to have concerns about the impending challenges facing industry and motorists.”

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Ford promises more affordable EVs as it loses money on them

Baua Electric

Sales were down 20% from a year earlier, but revenue was down 84%, something Ford attributed to industry-wide EV price cuts. Farley has also said cost parity with internal-combustion vehicles might not happen until 2030 , although plans for an LFP battery plant in Michigan that Ford sees as key for EV affordability might accelerate that.

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Volkswagen wagons in US fall to SUV surge

Green Car Congress

Volkswagen will continue building the Alltrack at the Puebla, Mexico plant through December 2019 to provide enthusiasts additional opportunity to own an affordable, European-designed wagon. Over the past several years, demand among American consumers has shifted from wagons to SUVs. CROZZ electric SUV debuts early next year.

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