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How Steele Auto Team grew to become social media into gross sales, for now not a lot cash

Baua Electric

Beaton has since been promoted to basic supervisor of Halifax Chrysler-Dodge, additionally owned by means of Dartmouth-based Steele Auto Team, which has 51 dealerships in Atlantic Canada and 8 in Texas. As conventional media promoting declines, “dealers are receptive to the next thing,” mentioned Sellers United’s Dennehy.

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Upcoming Changes to the Clean Vehicle Tax Credit Explained

Blink Charging

Now consumers will be able to transfer their tax credit directly to the dealer at the point of sale. This simplifies the process, benefiting both consumers and the dealerships, but it also requires dealers to register on an IRS portal. These changes make it easier for drivers to access tax credits when purchasing clean vehicles.

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Greaves Cotton’s e-mobility business skids on FAME-II subsidy withdrawal | Autocar Professional

Baua Electric

The guidelines permitted incentives for manufacturing electric vehicles using components made in India. Hero Electric, Okinawa Autotech, Benling India, Revolt Intellicorp, Amo Mobility, and Lohia Auto were the other companies which were asked to refund the subsidy.

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Organised tyre re-treading to grow at 7-9% CAGR during FY2023-26, as recycling norms provides push | Autocar Professional

Baua Electric

The EPR guidelines, which came into effect in July 2022, set a recycling target of 70% of the weight of new tyres manufactured or imported in FY2022 for FY24. ICRA bullish on re-treading market growth Srikumar Krishnamurthy, Senior Vice President and Co-Group Head at ICRA, expressed optimism about the EPR guidelines’ impact.

India 52
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GM is giving a $7,500 incentive on EV models that lost tax credit eligibility

Baua Electric

GM told dealers it would give the same EV tax credit incentive “for any vehicles that became ineligible to the new guidelines.” The changes allow you to claim the credit at the point of sale (at participating dealers) rather than waiting to claim the credit on your tax return. Until then, GM will fill in the gap for buyers.

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Nitin Gadkari announced to manufacture flex-fuel vehicles & flex-fuel strong hybrid EVs 

Electric Vehicles India

In order to accelerate the introduction of Flex Fuel vehicles, the Production Linked Incentive (PLI) scheme has included automobile & auto components and auto components of flex-fuel engines. complying with various statutory guidelines, immediate steps need to be taken to introduce flex-fuel engine vehicles.

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PLI scheme for manufacturing capability & enhancing exports of hybrid & EVs 

Electric Vehicles India

Further, two Production Linked Incentive (PLI) Schemes [Advanced Chemistry Cell (ACC) & Automobiles & Auto Components] are being implemented by the Ministry of Heavy Industries to enhance India’s Manufacturing Capabilities and Enhancing Exports. For the latest electric vehicles news, follow electricvehicles.