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

Baua Electric

Volvo has supplied the primary have a look at an electrical minivan it plans to debut in November. It’s referred to as the EM90 and is regarded as one in every of six electrical cars Volvo could have in its lineup through the tip of 2026.

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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

Luxury brands Audi, BMW, Infiniti, Lexus, Lincoln, and Volvo showed the least price strength, selling 1% or more below MSRP in January. Meanwhile, vans and minivans had the lowest incentives, with less than 1% of ATP. Mercedes-Benz and Lexus showed the most price strength in the luxury market, transacting between 1.4%

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

Green Car Congress

Luxury brands Alfa Romeo, Audi, BMW, Infiniti, Lincoln, and Volvo showed the least price strength, selling 1% or more below MSRP in November. Meanwhile, vans, minivans and luxury full-size SUVs had the lowest incentives, all less than 1% of ATP. above sticker price last month. of ATP, according to Kelley Blue Book estimates.

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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

Luxury brands Audi, BMW, Infiniti, Lexus, Lincoln, and Volvo showed the least price strength, selling 1% or more below MSRP in December. Meanwhile, vans, minivans and full-size SUVs had the lowest incentives, all less than 1% of ATP. over sticker price last month. Incentives increased in December 2022 to 2.7% in November.

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Nobody Knows if the BMW M5 Touring is Coming to America

The Truth About Cars

Wagons haven’t been fashionable in North America since they were supplanted by the minivan in the 1980s. Those just interested in getting a wagon will probably settle on a Subaru Outback, Volvo V60, or an Audi A6 Allroad. BMW is probably wondering how many of those might opt for an M5 Touring instead.

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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

10 EVs had a decline of greater than 40%: Mitsubishi Outlander PHEV: -98.5% (Transitioning to an upgraded version for 2023) Honda Clarity: -98.1% (Discontinued but Honda is still reporting sales) Mazda MX-30: -94.1% (Production for the US discontinued) Volvo C40: -62.4% Audi e-tron Sportback: -48.9% Audi e-tron: -40.2%

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