Remove Auto Remove Automobile Remove Industry Remove Porsche
article thumbnail

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 From Porsche to Mercedes-Benz in the luxury segment and from Maruti to Mahindra and numerous startups, all want a share of this growing market.

article thumbnail

Auto Alliance pushing for passage of Maryland SB 1234 that would require state purchase of ZEVs; 50% of LDVs by 2026

Green Car Congress

The Alliance of Automobile Manufacturers (Auto Alliance) is strongly supporting the passage of Maryland’s SB 1234 , a bill that would require the State of Maryland to purchase zero emission vehicles (ZEVs) for state fleets. —Auto Alliance. SB 1234 is a good step in the right direction.

Maryland 207
article thumbnail

European Auto Industry Expresses Concern Over Iron Ore Price Hikes

Green Car Congress

The European automobile industry expressed concern about the “ sudden and massive ” increase in the price of iron ore, a crucial material for producing steel. The automobile industry needs broad access to raw materials at competitive conditions, especially in times of fragile economic circumstances, ACEA said.

article thumbnail

Auto Industry and Utilities Urge President Obama to Create to National Electric Fuel Task Force to Accelerate Plug-in Adoption

Green Car Congress

Organizations representing auto manufacturers, electric utilities and the electric drive industry are calling on President Obama to establish a new National Electric Fuel Task Force to help accelerate the adoption of plug-in electric vehicles and the necessary infrastructure. Under the American Recovery and Reinvestment Act, $2.4

Obama 231
article thumbnail

Detroit auto display vows to form a comeback in 2023. However which automakers can the display trap again?

Baua Electric

Organizers are promising that the 2023 North American Global Detroit Auto Display will quality extra emblem participation and automobile unearths than extreme time, even supposing it’s concealed which firms plan to go back to the mid-September match. ” The post Detroit auto display vows to form a comeback in 2023.

Detroit 52
article thumbnail

J.D. Energy survey unearths automobile trait helps to keep getting worse

Baua Electric

Untouched-vehicle trait stepped forward at 12 of 33 manufacturers ranked within the learn about: Dodge, Ram, Alfa Romeo, Porsche, Maserati, Jaguar, Subaru, Jeep, Mitsubishi, Audi, Chrysler and Volvo. Energy survey unearths automobile trait helps to keep getting worse appeared first on Bauaelectric Auto News.

article thumbnail

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% of total sales in November from 17.8%

Price 210