The Truth About Cars

DECEMBER 13, 2023

The Federal Trade Commission (FTC) has announced the finalization of the new Combating Auto Retail Scams (CARS) rule designed to prevent auto dealers from utilizing bait-and-switch tactics and hidden junk fees. If consumers see that a dealer is complying with the CARS Rule, it adds a measure of confidence. That shouldn’t happen.

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CN EV Post

MARCH 29, 2023

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. On March 23, China's Auto Dealers Chamber of Commerce (CADCC) called on regulators to delay the implementation of the China 6b emissions standard.

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CN EV Post

APRIL 6, 2023

In March, following significant promotions by automakers in Hubei province, dozens of provinces and cities, including Beijing, Tianjin, Shanghai and Zhejiang, offered deals that gave dealership store traffic a quick boost, the China Automobile Dealers Association (CADA) said in an April 3 report. Of those, 20.5 down from 74.6

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The Truth About Cars

APRIL 29, 2023

I spent 33 years in the automobile business, the equivalent of 96 human years. Having worked for car dealerships, manufacturers, an auction house, and an auto finance company, I’m convinced there is no other industry that attracts& such a diverse cast of characters. & These are their stories.

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Baua Electric

MARCH 6, 2024

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead. As per industry estimates, about 4.1

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Baua Electric

SEPTEMBER 23, 2023

The corporate mentioned it’s anticipated to account for approximately 35 % of McLaren Americas’ industry nearest time, with the U.S. “It’s a key model and allows us to be sustainable from a profitability perspective and also for the dealers,” McLaren’s Americas boss Nicolas Brown advised Car Information.

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Baua Electric

MAY 19, 2023

Reasonable rude benefit consistent with older automobile at Sonic Car Inc.’s Sonic mentioned the typical rude benefit consistent with automobile and F&I at its used-only EchoPark industry used to be $1,907 within the first quarter, a shed of 30 p.c. ’s franchised dealerships fell 6 p.c

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The Truth About Cars

APRIL 12, 2024

Apparently, customers had conveyed to Aston dealers that they still prefer traditional powertrains and want the sensations associated with gasoline-powered automobiles. Then again, EV sales aren’t anywhere near the industry or government regulators want them to be. Images: Aston Martin] Become a& TTAC& insider.

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Baua Electric

MAY 19, 2023

area Toyota pack Fletcher Jones Automobile Team has bought a Los Angeles-area Toyota dealership — Carson Toyota, the sixteenth new-car pack within the Las Vegas corporate’s portfolio. 27 trade in for the consumer and dealers. 27 trade in for the consumer and dealers. retailing 18,876 up-to-date automobiles in 2022.

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Baua Electric

JANUARY 5, 2024

Over 100 new exhibitors, four country pavilions With more than 100 new entrants in this year’s event, it will feature an extensive, innovative and technologically advanced product showcase from the industry. File photo of ACMA Automechanika New Delhi. billion in FY2023 from US$ 19.1 billion in FY2022.

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The Truth About Cars

JUNE 16, 2023

While the rules exceed federal standards, they’ve been embraced by coastal regions and beginning to influence how the industry does business.& this means dealer allocation will prioritize powertrains based on how restrictive the local emissions standards happen to be. & For Stellantis brands (e.g. About 36 percent of the U.S.

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The Truth About Cars

NOVEMBER 21, 2023

“We’ve been studying this project for the past couple of months, and I think we’re all aware that EV adoption is growing, and we expect that to continue actually, but it’s not growing at the pace that I think ourselves and the industry had expected,” Truby was quoted by Automotive News as saying during a press call.

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Electric Vehicles India

AUGUST 21, 2021

Bagla said, “EVs are not just about disrupting the internal combustion engine automobile industry but are part of the larger disruption in energy and transportation, which are witnessing a considerable shift towards green technology solutions.”. The seed round is funded by Bagla Group, Global Innovation Labs and Fintech at ING Bank.

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Teslarati

MARCH 15, 2022

Rivian’s presence in Georgia solidifies the state’s growing electric vehicle industry, making legislators reconsider its take on direct vehicle sales. Georgia approved legislation in 2015 that allowed Tesla to sell cars without going through local dealers. The Georgia Automobile Dealers Association.

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Electric Vehicles India

JUNE 10, 2021

The development of internal combustion engine vehicles, especially automobiles, is one of the greatest achievements of modern technology. The automobile industry has made contributions to the growth of modern society by satisfying many of its needs for mobility in everyday life. .

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Teslarati

SEPTEMBER 20, 2022

The Tesla Model Y has the best resale value out of any other battery electric vehicle in China according to data from the China Automobile Dealers Association. One thing Elon Musk pointed out that the competitors were good at was software which he said would most shape the future of the automobile industry.

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Electric Vehicles India

DECEMBER 21, 2021

The government has approved the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components with a budgetary outlay of Rs. Electric vehicles are covered under Production Linked Incentive (PLI) Scheme for Automobile and Auto Components. For the latest electric vehicles news, follow electricvehicles.

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Electric Vehicles India

DECEMBER 1, 2021

Press Release: Ministry of Heavy Industries supports 1.65 Ministry of Heavy Industries( MHI), under Phase-II of FAME India Scheme, supported about 1.65 The Ministry of Heavy Industries had sanctioned about 520 Charging Stations/ Infrastructure for Rs. For the latest electric vehicles news, follow electricvehicles.

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Green Car Congress

OCTOBER 4, 2018

Veloz members include: Automakers, including GM, BMW Group, Honda, Nissan, Kia, Subaru, Daimler, Fiat Chrysler Automobiles and Ford. Others: AECOM, Uber, Lyft, California New Car Dealers Association, Center for Sustainable Energy, EDF Renewable Energy, Electric Power Research Institute, Hubject, PlugShare and Proterra.

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CN EV Post

MARCH 12, 2023

The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the auto industry. percent in February, up 2.0

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Baua Electric

MARCH 18, 2024

In addition to the highly enriching sessions featuring industry leaders and technologists, the Summit will also host an exhibition showcasing new-age automotive technologies & solutions. Industry stakeholders are looking for new solutions, and more clarity about the future technology landscape.

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Baua Electric

JANUARY 2, 2024

billion in the first half of last year, according to Car News China. million in 2022, according to data from the China Association of Automobile Manufacturers. million, according to the New York Times. million, according to the New York Times. million BEV sales in 2023 appeared first on Bauaelectric Auto News.

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Teslarati

SEPTEMBER 9, 2022

In a tip emailed to Teslarati , our reader shared photos of a conversation with the dealer rep in a private Facebook group. The new Electric F-150 is huge for Ford and, really, for the car industry at large. . Follow us for interactive news & more. I did some digging and easily found the listing. .

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Electric Vehicles India

JANUARY 20, 2023

One of the top companies in the electric automobile market, Saera Electric Auto Private Limited (SEAPL), has agreed to finance vehicles through the non-banking financial corporation (NBFC), AMU Leasing Pvt. AMU Leasing Private Limited (ALPL) is a 24 September 1993-founded NBFC with its headquarters in Delhi and an RBI licence.

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Baua Electric

FEBRUARY 7, 2024

China’s new energy vehicle sales fell 38.8% versus the previous month, the first such drop since August 2023, industry data showed, as demand faltered in the world’s largest auto market despite a renewed discounting push led by Tesla. New energy vehicle (NEV) sales, accounting for 29.9% million units, up 47.9%

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Electric Vehicles India

MARCH 7, 2023

With the advent of battery technology, the automobile industry is shifting towards electric vehicles from the gasoline ones. Customers from various states in India bought electric cars from the top automobile companies and some new startups have also come with innovative models.

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The Truth About Cars

JANUARY 5, 2024

Originally founded in Ukraine as the Technocom food processing firm in 1993, Vingroup has branched out into just about every industry relevant in Southeast Asia. From VinFast: The first group of VinFast dealers consist of Leith VinFast (Raleigh, North Carolina), Smith Haven VinFast (St. Images: VinFast] Become a& TTAC& insider.

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Baua Electric

MAY 9, 2023

TrueCar expects {that a} up-to-date subsidiary eager about offering market-based valuations for older automobiles will trap sellers and assistance develop trade in an ongoing, tight used-vehicle marketplace. The post TrueCar used-car valuation device launches as Q1 income drops, losses stand appeared first on Bauaelectric Auto News.

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The Truth About Cars

FEBRUARY 26, 2024

This is according to a report from Cox Automotive , which stated that the month of February opened with the industry seeing an average new vehicle supply of 80 days. From Cox Automotive: The average new-vehicle listing price opened February at $47,142, down 1 [percent] from a year ago.

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Electric Vehicles India

NOVEMBER 10, 2021

Ki Mobility Solutions a part of TVS Automobile Solutions has announced the launch of a comprehensive digital mobility service platform for electric vehicles. The Ki Mobility Solutions Managing Director,G Srinivasa Raghavan “Launch of digital mobility platform for EV is a milestone moment in the automotive aftermarket industry.

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Electric Vehicles India

APRIL 23, 2021

An Uttar Pradesh based electric vehicles manufacturing industry OBA (Om Balajee Automobile India Pvt. Om Balajee Automobile India Pvt.Ltd. Om Balajee Automobile India Pvt. OBA L5 e-auto. is ready for its great launch of an electric auto Model L5 in the Indian market.

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Electric Vehicles India

MARCH 16, 2023

Inspired by the same idea, the India e-Mobility Show has been designed to provide a suitable platform for important industry players to come together and engage in high-value knowledge exchange and business development and product showcases to achieve sustainability goals.” You can now be a part of the India eMobility Show for ????.

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Baua Electric

JULY 7, 2023

broker members of the family and retail methods, stated the plan is to preserve an “aggressive nature at retail, stay close with our business center, stay close with our dealers, communicating out our plans. Like much of the industry, Stellantis has battled headwinds in recent years. Chris Glenn, Stellantis’ vp of U.S.

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Baua Electric

AUGUST 17, 2023

It’s just too early to tell,” stated George Glassman, president of Glassman Car Workforce, which sells 5 automobile manufacturers outdoor Detroit. On manage of that, the automaker might wish to lend industry-leading guaranty protection on its automobiles to safeguard patrons. “Is there room for more brands?

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Electric Vehicles India

FEBRUARY 6, 2023

P 1,121 CHAMPION POLY PLAST 1,120 PIAGGIO VEHICLES PVT LTD 1,069 UNIQUE INTERNATIONAL 827 HOTAGE CORPORATION INDIA 702 ALLFINE INDUSTRIES PVT LTD 642 J. For the latest electric vehicles news, follow electricvehicles.in For the latest electric vehicles news, follow electricvehicles.in

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Baua Electric

JUNE 30, 2023

Reynolds and Reynolds, Cox Automobile Inc.’s CDK World showed to Automobile Information that the instrument will also be built-in, age Reynolds and Reynolds stated Impel’s instrument goes despite the fact that its certification procedure. ’s Dealertrack and Tekion, Daly stated. It additionally bought CarLabs.ai

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Electric Vehicles India

DECEMBER 14, 2021

Electric vehicles are covered under Production Linked Incentive (PLI) scheme for automobile and auto components, which was approved on 15.09.2021 with a budgetary outlay of Rs. Reducing the cost of electric vehicles. Drop-in battery price will result in cost reduction of electric vehicles. for a period of five years.

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