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Rise of Indian used car market; set to exceed 10 mn units by FY28 – ET Auto

Baua Electric

In India, buying a pre-owned vehicle is no longer considered a ‘compromise’. Gupta recalled that in 2016-17, the penetration of finance was hardly 7%. Second, it provides a B2B auction platform for dealers called EDIC. Currently, the market stands at 5.1 million units. So that is driving the selling price in the market.

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Tesla Service Center permit revoked due to local dealership concern over direct sales

Teslarati

However, the decision was ultimately revoked after Hoffman Auto Group, a company with a string of local dealership locations, argued Tesla was attempting to loophole its way through laws that prohibit automakers from selling directly to customers. The property was previously owned by Gengras Motor Cars. according to property records.

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CRU: lithium price downtrend continues, with disappointing EV sales in China the driver

Green Car Congress

There are two main reasons for this, according to CRU: Shrinking automotive sales: the accumulated auto sales in China have dropped by 11.5% Many OEMs and dealers have engaged in huge marketing events for traditional cars and offered large discounts to consumers. Although this marks an impressive 41.5% Raw material oversupply.

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An electric pickup from Nissan and Mitsubishi? Automakers team up to take on US market

Baua Electric

It could also expand Mitsubishi’s lineup with the midsize EV pickup buyers and dealers are asking for. Nissan and Mitsubishi have been intertwined since 2016. Would you buy an electric Nissan (or Mitsubishi) pickup over the Tesla, Chevy, Ford, or Rivian models already out? FTC: We use income earning auto affiliate links.

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Tesla cuts ties with Connecticut town that rejected potential showroom

Teslarati

The same situation arose in East Hartford, CT, last year, as Hoffman Auto Group sued Tesla , claiming it was hiding the real reason it planned to open a Showroom. A 2016 study found that 34 percent of people would rather wait in line at the DMV than buy a car. ” Dealerships are not a place people typically like to be.

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Road Test: 2024 Nissan Leaf SV Plus EV

Clean Fleet Report

If you buy and drive the Leaf SV Plus for how it was designed, expect to be grateful for the latter. NissanConnect allows the driver to stay connected throughthe 8-inch color touchscreen, which houses the navigation, voice recognition and AM/FM/SiriusXM with Apple CarPlay and Android Auto. We guarantee they will be pleased to see you.

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Volkswagen & Audi to pay >$14.7B in US to settle 2.0L diesel emissions case; $2B of that to promote ZEVs

Green Car Congress

If approved by the Court, this will be the largest consumer auto industry class action settlement in US history. Volkswagen may begin buying back eligible vehicles as early as the fall of 2016, just over one year after the diesel emissions issues were first revealed. Vehicle Fix.

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