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Used Tesla vehicles crush industry average depreciation despite price cuts

Teslarati

Most prominently, Recurrent believes Tesla owners are holding onto their vehicles for longer than ever, which can be seen in the decreased number of used Teslas for sale. Recurrent reports that the number of used Tesla vehicles for sale has been cut in half since one year ago. Credit: Recurrent Auto What do you think of the article?

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No price cut wave in China's EV industry after Tesla move, CPCA's Cui says

CN EV Post

The CPCA secretary general said automakers would be in an awkward position to raise prices next year after cutting them at the end of this year, which would be bad for sales activity. The post No price cut wave in China's EV industry after Tesla move, CPCA's Cui says appeared first on CnEVPost.

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The Day the U.S. TV Industry Died

Cars That Think

This article was first published as “The longest survivor loses its grip.” The Evolution of Zenith (and the TV Industry) 1918. Zenith’s scheme for stereo TV, Multi-channel Television Sound, is accepted as the industry standard. Zenith consumer electronics division is reported to be up for sale. GE buys RCA.)

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Suzuki and SkyDrive start production of ‘flying cars’ in Iwata, Shizuoka, Japan – ET Auto

Baua Electric

In addition to the aircraft to be used at the Expo 2025 Osaka, Kansai, Japan, aircraft for sales to customers will be manufactured at this plant.

Suzuki 52
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Hertz Global eyes worst day on record as EV rental business falters – ET Auto

Baua Electric

The Estero , Florida-based company said it took a USD 588 million hit in vehicle depreciation costs during the quarter, of which USD 195 million was related to EVs held for sale. Higher repair costs also weighed on the company’s overall fleet maintenance expenses. Excluding items, Hertz reported a loss of USD 1.28

Global 52
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Exicom Tele-Systems IPO subscribed 10 times on first day of offer – ET Auto

Baua Electric

The IPO has a fresh issue of equity shares aggregating up to INR 329 crore and an Offer For Sale (OFS) component of up to 70.42 Updated On Feb 28, 2024 at 08:32 AM IST --> Published On Feb 28, 2024 at 08:28 AM IST 2 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

Auto 52
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This Volkswagen EV Now Comes with Full Tax Credit Benefits

The Truth About Cars

Unique Position of Volkswagen in the EV Industry Volkswagen stands out as the only foreign car manufacturer currently offering a full battery electric vehicle in the U.S. 4 is available for sale with two battery sizes and two powertrains. However, it's important to note that the eligibility of MY24 ID.4 4 The 2023 ID.4