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Auto Alliance pushing for passage of Maryland SB 1234 that would require state purchase of ZEVs; 50% of LDVs by 2026

Green Car Congress

The Alliance of Automobile Manufacturers (Auto Alliance) is strongly supporting the passage of Maryland’s SB 1234 , a bill that would require the State of Maryland to purchase zero emission vehicles (ZEVs) for state fleets. The bill also includes a reporting requirement for State agencies that purchase vehicles.

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UK broker team Lookers to be purchased via International Auto Holdings

Baua Electric

International Auto Holdings plans to shop for British automotive dealership chain Lookers for approximately 465 million kilos ($595 million) in money. Lookers is Europe’s fifth-largest auto retail team, in keeping with Car Information Europe’ s Information to Europe’s Largest Sellers.

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Honda targeting 100% BEV & FCEV sales in N America by 2040; new e:Architecture EVs coming in second half of this decade

Green Car Congress

Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035. Honda SUV e:prototype shown at Shanghai 2021.

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China's NEV sales up 24% MoM to 653,000 in Mar, CAAM data show

CN EV Post

The CAAM proposes that China's central and local governments continue to introduce policies to promote auto consumption, given the current weak market expectations. China's new energy vehicle (NEV) sales in March were 653,000 units, up 34.8 China saw BEV sales of 490,000 units in March, up 23.8 percent year-on-year and up 24.4

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China automobile gross sales reduction 2.9 p.c in June as big-ticket spending falters

Baua Electric

Then again, Tesla’s percentage in China’s marketplace of natural electrical and plug-in hybrid automobiles fell to eight.8 The joint word by way of 16 automakers, together with Tesla, BYD, Nio, Li Auto and Xpeng were interpreted by way of some as signalling a truce within the price competition that crippled {industry} income.

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Holand Automobile Team buys Ferrari bundle in California

Baua Electric

Holand Automobile Team, which owns a lot alternative high-end dealerships in Quebec and Florida, stated the purchase is the nearest step in its U.S. Ferrari South Bay used to be up to now owned by means of Mattioli Automobile Team, which constructed the dealership in 2014. expansion technique.

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CFPB: U.S. Auto Gross sales mortgage servicer value shoppers tens of millions, mistakenly disabled cars

Baua Electric

Auto Gross sales had offered GAP to shoppers from February 2017 to October 2022 and bundled the associated fee into their auto loans. Collateral coverage insurance coverage shields a lender if an auto borrower lacks bodily harm insurance coverage at the automobile. The CFPB stated U.S. ” The post CFPB: U.S.

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