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UK broker team Lookers to be purchased via International Auto Holdings

Baua Electric

International Auto Holdings plans to shop for British automotive dealership chain Lookers for approximately 465 million kilos ($595 million) in money. Lookers is Europe’s fifth-largest auto retail team, in keeping with Car Information Europe’ s Information to Europe’s Largest Sellers.

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Genesis stages global premiere of electric GV70 at Auto Guangzhou 2021

Green Car Congress

Genesis introduced the Electrified GV70 SUV by hosting a world premiere event at the Guangzhou International Automobile Exhibition (Auto Guangzhou 2021) in China last week.

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Automobile Information hires F&I reporter

Baua Electric

Paige Hodder has joined Automobile Information as a reporter protecting auto retail, with a focal point on finance and insurance coverage. Hodder, 22, lined basic car trade subjects as an intern for Automobile Information. The post Automobile Information hires F&I reporter appeared first on Bauaelectric Auto News.

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Volvo Cars and Geely Auto to deepen collaboration; new combined powertrain company

Green Car Congress

Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.

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International Auto Holdings to shop for UK automotive dealership chain Lookers for $595 million

Baua Electric

International Auto Holdings stated Tuesday it plans to shop for British automotive dealership chain Lookers for approximately 465.4 International Auto Holdings values Lookers at 120 pence according to percentage, a top class of 35 p.c million kilos ($595 million) in money. to the retain’s last value on Monday.

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How China beat everybody to be international chief in electrical automobiles

Baua Electric

Within the race to shed carbon emissions, international locations from the United States to Untouched Zealand are meting out incentives to spur electric-vehicle gross sales — ways China impaired for years because it became the largest EV marketplace on Earth. million in 2022, greater than part of all international deliveries.

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Auto sector sourced 50% parts locally, says minister – ET Auto

Baua Electric

The Indian automobile sector was able to source almost 50% of required auto parts from domestic markets under the INR 26,000 crore Production-Linked Incentive (PLI) scheme, said Union minister for heavy industries Mahendra Nath Pandey on Tuesday. India has emerged as the automotive powerhouse and the world is looking at us.

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