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Porsche and electric hypercar maker Rimac to set up JV incorporating Bugatti

Green Car Congress

The Volkswagen Group’s Porsche and Croatian hyper-EV developer Rimac have agreed to set up a joint venture that incorporates Bugatti—another Volkswagen Group brand that is moving to the control of Porsche. Rimac will hold a 55% share in the Bugatti-Rimac joint venture, while Porsche will have a 45% share.

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Porsche Whistleblower: “60% of all delivered Taycan have battery issues that caused replacements, damages and fires”

Teslarati

“Six out of ten Porsche Taycan” ever delivered have a problem with battery management that affects and damages battery cells, requires replacement of cells and batteries, and is causing vehicle fires, according to a source working at Porsche’s headquarters in Zuffenhausen, Germany. The Porsche Taycan’s charging port.

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Tesla beefs up India executive team with Porsche alumnus

Teslarati

Samir Jain, who previously worked for Porsche, will assume the position of “Lead Aftersales – Regional Service Manager – India,” according to his LinkedIn page. He was earlier Head of Aftersales at Porsche India and also responsible for Porsche BEV Rollout. TeslaIndia #TCIN pic.twitter.com/U8hTmCNe6e.

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

Green Car Congress

—Rebecca Rydzewski, research manager of economic and industry insights for Cox Automotive. The high share of luxury sales helps to push the overall industry ATP higher. Porsche and Land Rover showed the most price strength in the luxury market, transacting between 2% to 6.4% Cox Automotive Dealer Sentiment Index.

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A mini industry spawns under the hood of a booming car market – ET Auto

Baua Electric

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. As per industry estimates, about 4.1 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.

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Stellantis Continues Snubbing North American Auto Shows

The Truth About Cars

Reports have claimed Stellantis will continue snubbing industry shows located in North America for the foreseeable future, with the Canadian International Auto Show (CIAS) being the next on the list. Stellantis says dealers can decide if they want to make an appearance at subsequent trade events while corporate takes a pass.

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Tesla Commits To IAA Mobility Show In Munich

The Truth About Cars

We’ve been hearing for years that auto shows are a thing of the past and that the internet has killed the personal touches we all loved about the industry. But while it might be true that auto shows aren’t the extravaganzas they once were, it can also be true that there’s still life in the industry and a reason to attend.&

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