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2025 Genesis GV90, 2024 Mercedes-Benz EQB: Automotive Information Headlines

Baua Electric

Consumers available in the market for an electrical compact crossover have an possibility within the method of the Mercedes-Benz EQB. Volvo has supplied the primary have a look at an electrical minivan it plans to debut in November.

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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

In November 2019, the luxury share of the US market was 16.1%. Porsche and Land Rover showed the most price strength in the luxury market, transacting between 2% to 6.4% Luxury brands Alfa Romeo, Audi, BMW, Infiniti, Lincoln, and Volvo showed the least price strength, selling 1% or more below MSRP in November. in October.

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Kelley Blue Book finds average EV price in US down 5.4% in January due to Tesla price cuts

Green Car Congress

The drop in pricing was driven by significant price cuts from Tesla, which commands roughly two-thirds of the EV market. High loan rates and continued inflationary pressures appear to be hurting the lower part of the market, so automakers are more focused on luxury and higher-end models. month over month and down 5.5% year over year.

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KBB: Average new vehicle transaction price in US in December up 1.9% from November; EV ATP dropped 5.5% due to Tesla

Green Car Congress

Honda and Kia showed the most price strength in the non-luxury market, transacting between 5% and 6% over sticker price in December. Five years prior, in December 2018, luxury market share set a record at 16.5%. Mercedes-Benz and Land Rover showed the most price strength in the luxury market, transacting between 2.6%

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Nobody Knows if the BMW M5 Touring is Coming to America

The Truth About Cars

Earlier statements from the brand’s design head stipulating that our market would have access to both the sedan and wagon versions of the M5 have been taken back — leaving everyone following the story more than a little perplexed. Wagons haven’t been fashionable in North America since they were supplanted by the minivan in the 1980s.

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A new luxury EV IPO from Geely is reportedly in the works

Teslarati

For those unfamiliar, Geely is a Chinese auto group that controls many notable brands, including Volvo , Polestar, and Lotus , as well as countless Chinese brands, including Geely’s own Geely Motors. Geely, a Chinese auto group, is reportedly pursuing an initial public offering in the United States for its new luxury EV brand, Zeekr.

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Q3 Sales Up 11.6% for EVs With OEM Reported Sales Numbers

EV Adoption

Five other models were new to the market in Q3 and did not have sales in Q2. Audi e-tron Sportback: -48.9% Audi e-tron: -40.2% Audi e-tron Sportback: -48.9% Audi e-tron: -40.2% EVs With the Biggest Q3 vs. Q2 Sales Increase and Decrease. Five EVs had a greater than 100% Q3 sales increase: Volkswagen ID.4:

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