The Truth About Cars

APRIL 12, 2024

New car prices are slowly returning to reality, but the universe isn’t done torturing buyers. A new report from Reuters found that insurance rates are climbing just as the financial pain of buying a new car is easing.

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Teslarati

MARCH 29, 2024

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. “Overall demand for EVs [in China] is set to fall in 2024, as consumers refrain from buying items such as cars due to concerns about job prospects and incomes. million units. .

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Baua Electric

JANUARY 15, 2024

The spot market in China will likely remain tepid, leading to a build-up in inventories which could weigh on prices, they said. London copper prices were steady on Monday as the U.S. producer prices unexpectedly fell last month. dollar makes it cheaper for traders to buy the greenback-priced commodity.

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Baua Electric

MARCH 17, 2024

By: HT Auto Desk | Updated on: 18 Mar 2024, 10:17 AM Bugatti Chiron is among the fastest cars in the world but it also commands a massive price in the new and pre-owned market. The deal itself highlights an asking price of $3.85 The website notes that if the price of the ‘free’ Wraith is taken out, the amount of around $3.6

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The Truth About Cars

DECEMBER 13, 2023

The Federal Trade Commission (FTC) has announced the finalization of the new Combating Auto Retail Scams (CARS) rule designed to prevent auto dealers from utilizing bait-and-switch tactics and hidden junk fees. CARS makes it illegal to “misrepresent certain topics” that might affect a person’s buying or leasing decision.

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Baua Electric

APRIL 9, 2024

Bloomberg Intelligence, the research arm of Bloomberg, interviewed 1,000 adults planning to buy or lease a brand-new car in the next year. (It Bloomberg Intelligence’s research shows that prospective auto purchasers who already own a BEV are extremely loyal to their cars. ad* FTC: We use income earning auto affiliate links.

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Baua Electric

FEBRUARY 5, 2024

Polestar (PSNY) shares are falling Monday after car rental giant Hertz (HTZ) announced plans to delay buying its EVs this year. Hertz said it would use some of the proceeds to buy new gas-powered cars after Tesla’s prices fell from their peak. The car rental company bought Tesla’s vehicles close to their peak prices.

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Teslarati

FEBRUARY 1, 2023

Tesla’s price cuts in China dropped sales of competing domestic electric vehicle makers Nio, Li Auto, and Xpeng by as much as 60 percent in January. Nio, Li Auto, and Xpeng all showed significant drops in both monthly and year-over-year sales comparisons in January after Tesla stroked demand by dropping prices by as much as 13.5

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Teslarati

FEBRUARY 12, 2024

Rivian has cut prices on two of its entry-level vehicle configurations ahead of the automaker’s launch of its next-generation vehicle next month. After Rivian added two new range options for the R1T and R1S last week, the electric truck and SUV maker has also cut prices on some of its lineup.

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The Truth About Cars

JUNE 16, 2023

Florida governor and GOP presidential candidate Ron DeSantis recently joined the fray when he signed House Bill 637, legislation that blocks direct auto sales for most brands but not all.& They are designed to protect buyers, and the National Auto Dealers Association (NADA) notes that they can also benefit manufacturers.

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CN EV Post

MARCH 14, 2023

Li Auto US | Li Auto HK (Image credit: Li Auto) Li Auto (NASDAQ: LI) is taking market share away from the German luxury car company, a survey by the company shows. On February 8, Li Auto introduced a lower-priced Air version of the Li L8 with a starting price of RMB 339,800 when it launched the five-seat SUV Li L7.

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Teslarati

NOVEMBER 4, 2021

Car buyers who ultimately end up purchasing Tesla electric vehicles end up having the longest average auto term loans, a new study from LendingTree says. LendingTree surveyed over 29,000 auto loans spanning over three years to conclude that Tesla drivers are applying and receiving the longest term loans. months, Kia at 64.8

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Baua Electric

MARCH 7, 2024

EST (2105 GMT) triggered a buying frenzy that caused Lyft’s share price to rise 67% in a half-hour. Lyft has been sued by shareholders for securities fraud after a mistake in a recent earnings release about a key profit metric sent the ride-sharing company’s stock price on a wild ride up, and then down. and 4:51 p.m.

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Baua Electric

JANUARY 12, 2024

rental fleet to buy gasoline cars. A 2023 auto damage study from Mitchell International, a company that provides tech for the auto insurance and collision repair industries, found that collision repair is much more expensive for EVs. 2023 and are expected to continue throughout 2024. It originally announced plans in Oct.

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The Truth About Cars

NOVEMBER 8, 2023

Wholesale used-vehicle prices reportedly saw a modest dip through the end of last month. Cox Automotive’s Manheim Index, which tracks wholesale used-vehicle pricing for Manheim auctions, only dropped 2.3 Periods of more intense buying by dealers can drive wholesale price appreciation. percent in October.

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Price Cars Dealers Supplies 97

Green Car Congress

OCTOBER 9, 2020

EVs cost an average of $9,406 per year (including the purchase price) to run compared to $7,952 annually for gas vehicles (including the purchase price). In 21 of the 50 States there are cash, parking and rebate incentives to buy an electric vehicle.

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Baua Electric

MARCH 16, 2024

Tesla has announced that it will increase Model Y prices by $1,000 on April 1st, as a new end-of-quarter incentive. Now, it sort of does the inverse by signaling that it will increase the price of all Model Y trims at the end of the month. Tesla wrote on its website: Prices will increase by $1,000 for all Model Y trims on April 1.

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Green Car Congress

APRIL 20, 2010

A new survey by Capital One Auto Finance found that more than half of respondents (53%) say that their next car will be more fuel efficient than their current vehicle and 55% would be very likely or somewhat likely to give up a larger vehicle for a more fuel-efficient model when they buy their next car.

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Teslarati

APRIL 12, 2023

Tesla’s pricing strategy comes down to one key difference from its competitors, and as the automaker recently cut pricing for the fifth time this year, the method to its madness is being further examined. The dealership model is not the only reason for the price cuts, but it is one major influence.

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Teslarati

OCTOBER 21, 2021

Analysts at numerous Wall Street firms are upgrading their price targets on Tesla stock following the company’s strong numbers and positive outlook moving forward as it intends to ramp its Texas and Berlin Gigafactories in the coming months. Dorsheimer raised his price target from $940 to $1,040 while maintaining a Buy rating.

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Baua Electric

FEBRUARY 8, 2024

By: HT Auto Desk | Updated on: 09 Feb 2024, 12:18 PM Tata Punch is offered with a CNG and petrol powertrain whereas the Maruti Suzuki Ignis only gets a petrol powertrain. The craze of SUVs is still going strong but they are priced higher than every other body style. It is based on the HBX Concept thatTata showcased at Auto Expo.

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Baua Electric

MARCH 28, 2024

Photo: Hyundai Hyundai just released the IONIQ 5 N’s price just a couple weeks ago, and a California dealer has already marked the MSRP up on the automaker’s newest, most powerful EV by $20,000. Sales/finance manager were really disrespectful over pricing and me knowing about their allocations and being an Nfluencer. –ad*

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Green Car Congress

JANUARY 12, 2020

In August 2019, CRU reported on the steady slide in prices that has occurred in the lithium market since the beginning of the year. Since then, prices have continued to fall, CRU notes. Lithium hydroxide has fallen by 30% to RMB 74,500/t, according to CRU’s price assessments. Although this marks an impressive 41.5%

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Price China Sale 2019 243

Baua Electric

MARCH 7, 2024

Rivian stock scored a buy rating from Jefferies Finacial Group, suggesting over 45% upside potential. Rivian stock scores buy rating ahead of R2 reveal Rivian will reveal its more affordable R2 electric SUV at 10 am PT (1 pm ET) later today at its swanky new Laguna showroom. FTC: We use income earning auto affiliate links.

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Baua Electric

MARCH 1, 2024

Tesla has increased Model Y prices back up as part of a new strategy to implement temporary discounts. While Tesla has had extremely frequent price changes over the last few years, it has stayed away from direct discounts. When buying with a referral code , Tesla also offers 3 months of free Full Self-Driving package.

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EV Central

MARCH 23, 2023

Lexus has announced the RZ450e battery electric luxury SUV will be priced from $123,000 plus on-road costs in Australia when it launches in May. The RZ450e Luxury is the range starter at $123,000, while the 450e Sports Luxury will be priced from $135,000 plus on-road costs.

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Lexus Price Australia Lithium Ion 94

The Truth About Cars

FEBRUARY 1, 2024

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. Until the prices of them come in line with normalcy, they're going to continue to sit there." That issue was exacerbated by provisions (e.g.&

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Baua Electric

JANUARY 17, 2024

Minda Corp sold 1,91,22,458 shares of Pricol at an average price of INR 345 apiece for approximately INR 660 crore, according to bulk deals data on the exchanges. Despite such a big sell-off, shares of Pricol ended positive due to strong institutional buying. stake through the open market on Wednesday. stake in Pricol, at INR 208.98

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Baua Electric

APRIL 28, 2023

Lithium prices rebounded this week for the first time in five months after tumbling from record highs, but new supply of the key mineral for electric vehicle (EV) batteries coming on stream is likely to weigh on the market next year. Battery-grade lithium carbonate prices in China rose 10.6% A decision by world No.

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Baua Electric

MARCH 1, 2024

As the car industry’s largest hybrid pusher, Toyota says it is better positioned to just buy credits to close the EPA gap rather than “waste” money on BEVs, its CEO said. Still, the fear is there, and the possibility looms that lower-priced Chinese vehicles will undercut those sold by other automakers, as happened in Mexico.

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Teslarati

JUNE 9, 2022

In recent comments, Hummel opted to upgrade Tesla from “Neutral” to “Buy” with a price target of $1,100 per share. Hummel noted that Tesla is down ~35% year to date, but that is pretty much in line with other tech stocks. “We upgrade TSLA to Buy (from Neutral) with an unchanged $1,100 PT.

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Baua Electric

APRIL 16, 2024

“Finding external capital for a new lithium project could prove difficult at current lithium prices, though it will help that Carolina Lithium is very low on the cost curve,” said brokerage TD Cowen. Low lithium prices may also hobble Piedmont’s financing attempts, analysts said.

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Teslarati

JULY 27, 2021

Following Tesla’s ( NASDAQ: TSLA ) second-quarter Earnings Call that took place on Monday evening, analysts tasked with following the automaker’s stock have revised their price targets, working to unravel the massive beat that the company reported. Dorsheimer lowered his price target on Tesla to $768.00

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Clean Fleet Report

NOVEMBER 19, 2023

Making the right choice could have lasting effects on your daily routine, finances and overall quality of life, whether you’re new to car buying or an experienced veteran. In this post, we explore seven essential tips on buying smartly. This will help you get a competitive rate on your auto loan and avoid any financial surprises.

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Clean Fleet Report

SEPTEMBER 17, 2022

When gas prices are on the rise, it had a big impact on the type of vehicles that people were buying. With gas prices always fluctuating, it can be difficult to predict how much you’ll need to spend on fuel each month. SUV and Truck Sales Decreased as Gas Prices Increased. Analysis of Recent Market Moves.

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Gas Price Vehicles Gas-Electric 90

EV Central

JUNE 22, 2023

The BYD Dolphin will be available in three model grades with prices starting from $38,890 plus on-road costs. Buying the cheapest BYD Dolphin Dynamic is about $800 cheaper than buying the cheapest MG4 Excite with the smaller battery pack. The cheapest state to buy the Dolphin is Tasmania, where it costs $39,489.57

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BYD Australia Price Range 86

CleanTechnica EVs

MAY 26, 2022

While the auto industry simultaneously faces major disruptions with the onslaught of new electric vehicles, even EV giant Tesla has been susceptible to the bear market — though, low share prices usually present an opportunity for skilled […].

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