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New Vehicle Prices Rise Agan, While Affordability Dips

Green Fleet Magazine

The share of new-vehicle sales from luxury brands drove up average transaction prices, when combined with fewer discounts and incentives, caused new vehicle affordability to fall.

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NIO planning on releasing affordable electric car for European market: report

Teslarati

According to recent reports, NIO plans to launch a competitively priced model for the European market at a price tag below 30,000 euros (about $33,060). NIO’s chairman, William Li, reportedly confirmed this strategy in an interview with German magazine Der Spiegel. Don’t hesitate to contact us with news tips.

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Wholesale Used Vehicle Prices Down by Double Digit Percentages

Green Fleet Magazine

Meanwhile, used vehicle retail sales pick up in January thanks in part to vehicle prices being down 4% year-over-year, boosting affordability.

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New Vehicle Tangle: Supply, Prices, Payments All Up as Affordability Dips

Green Fleet Magazine

Days’ supply by end of November was 77% higher than at the same time a year ago and the highest since March 2021. While inventory is up from recent levels, it remains low by historical standards.

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Ford Reopens Mach-E Orders at Lower Prices

Green Fleet Magazine

The production increase for Mustang Mach-E in the second half of this year is part of Ford’s plan to scale electric vehicles and make them more accessible and affordable for customers.

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Stellantis: new hydrogen Ram Trucks will be made in Mexico

Baua Electric

This year, we are starting production of larger vehicles in Poland,” Stellantis’ hydrogen program, Jean-Michel Billig, told German-language magazine Welt. And, as such, they can’t afford the kind of downtime that many fleet managers currently associate with battery electrics. In the US, that means RAM Trucks. Work trucks.

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Opinion: Consumer Reports’ Tesla Autopilot stunt crossed a line in an already-heated EV climate

Teslarati

The magazine was successful in its aim, but it also demonstrated that it takes a very determined driver and an elaborate set of procedures to bypass Tesla’s driver-monitoring systems. . The magazine’s team seemed to have buckled in the driver’s seatbelt without a person sitting in the seat. Only it didn’t.

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