Remove 2019 Remove Automobile Remove Purchase
article thumbnail

How Are We Feeling About The Automotive Market These Days?

The Truth About Cars

Negative vehicle equity is presently averaging at an all time high of roughly $7,000 in the United States and about 25 percent of trade-ins toward new-car purchases had negative equity. This comes after a nearly 15 percent increase between 2019 and 2024, suggesting that the issue has only accelerated over time.

Market 104
article thumbnail

2024 Honda Prologue: Japan’s most American brand gets serious about EVs

Charged EVs

It sells those engines in a variety of containers, from home generators and lawn mowers to ATVs and automobiles. Since then, in North America, Honda has sold two pure EVs in tiny numbers: the 2013-2014 Honda Fit EV (82 miles of EPA range) and the 2017-2019 Honda Clarity Electric midsize sedan (89 miles of range).

Honda 128
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

ADAC testing finds new diesel cars cleaner than required; Euro 6c and 6d-Temp vehicles well below the permissible NOx limits

Green Car Congress

In Germany, testing by ADAC (Allgemeine Deutsche Automobil-Club eV) has found that all the Euro 6c and 6d-Temp vehicles that have been measured on the road to date meet much stricter requirements nitrogen oxides (NO x ) than required by the EU. Our measurement results show that diesel technology can have a future.

Diesel 353
article thumbnail

JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

million units in March 2020, down by 39% from March 2019. And unlike previous recessions, we’re not just dealing with people’s fears or purchase delays. Overall, the total for the first quarter of 2020 already highlights a reduction of 26% Q1 2019 with sales decreasing to 17.42 percentage points higher than seen in March 2019.

Europe 261
article thumbnail

BMW Group plans > €30B on future-oriented technologies up to 2025; all-electric 7 Series model coming

Green Car Congress

Those companies capable of developing and combining hardware and software in equal measure will shape the future of the automobile. We are already making measurable progress, which will continue to have a noticeably positive impact on earnings—whether in terms of sales, the cost of materials or indirect purchasing.

BMW 291
article thumbnail

Toyota and Suzuki enter into capital alliance agreement; collaboration to focus on new fields such as autonomous driving

Green Car Congress

Toyota plans to acquire 24,000,000 shares of common stock in Suzuki (4.94% ownership of the total number of shares issued by Suzuki as of 31 March 2019 (excluding treasury shares) with a total value of JPY 96 billion, or US$905 million) by underwriting the disposition of treasury shares by way of third-party allotment conducted by Suzuki.

Suzuki 191
article thumbnail

Fraunhofer researchers develop new low-cost dry-film electrode production process

Green Car Congress

Better and more cost-efficient production methods for energy storage are increasingly in demand, especially in Germany: All major automobile manufacturers have launched ambitious electric vehicle programs that will ensure a sharp rise in demand for batteries. So far, German companies have been purchasing the cells for this purpose in Asia.

Low Cost 339