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Auto parts seller LKQ cuts 2024 sales forecast as warm weather slows demand – ET Auto

Baua Electric

It now expects to report organic revenue growth for parts and services between 2.5% Auto parts distributor LKQ cut its full-year sales forecast on Tuesday and missed estimates for first-quarter profit amid falling metal prices and softening demand for spares in North America. for 2024, down from its prior guidance of 3.5%

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Opinion: Making Sense of the Stellantis Auto Show Decision

The Truth About Cars

News broke earlier this week that Stellantis would pull out of auto shows, including the upcoming Chicago Auto Show, for the foreseeable future. We reached out to the Chicago Auto Show folks about that, and have not yet heard back. Having one of the Detroit Three pull out of auto shows leads to ringing of alarm bells.

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DOT awards U-M-led hub $15M for connected and automated transportation

Green Car Congress

Headquartered in Ann Arbor, the center sits near the heart of the US auto industry and represents Illinois, Indiana, Minnesota, Ohio and Wisconsin, as well as Michigan. Original CCAT members include Purdue University, the University of Akron, the University of Illinois, Washtenaw Community College and Central State University in Ohio.

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DOE awards Magna a grant to develop and ‘auto qualify’ advanced motor; 1/2 the cost, 8x power density

Green Car Congress

Magna has been awarded a grant by the US Department of Energy to develop and ‘auto-qualify’ advanced electric motor technologies for next-generation vehicle propulsion systems. The project will integrate the exclusive electric motor technologies with a transmission and inverter as part of an overall e-drive system.

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Abandoned History: Oldsmobile's Guidestar Navigation System and Other Cartography (Part VI)

The Truth About Cars

It would also mean a visit and payment to your local Oldsmobile dealer if you wanted to use guidance in a part of the country not covered by your car’s current set of maps.& By all accounts 1996 was the final year Guidestar was offered.& But Oldsmobile was still the first, and may we always remember Guidestar (1995-1996).

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City of Springfield, Illinois converts 24 vehicles to propane autogas

Green Car Congress

Transitioning our fleet to propane autogas was an extremely easy decision to make because we are saving taxpayer dollars, improving the environment through cleaner auto emissions and supporting a domestically produced fuel source. The project was funded in part by a grant from the US Energy Department’s American Recovery and Reinvestment Act.

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Hertz’s EV sale to fan cost concerns, dampen used-car market – ET Auto

Baua Electric

” The higher costs associated with repairing EVs stem from a lack of sufficient expertise in dealing with such vehicles and challenges in getting the replacement parts as they are still very new, industry experts said. . “Mainstream consumers are already hesitant to buy an EV, and this news only supports their concerns.”

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