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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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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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. It is both car maker and car dealer. Dealer-related discounts rarely rise to become investor-level news.”

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Baua Electric

MAY 6, 2024

Sheerdrive, a Mumbai-based Digital AI/ ML pre-owned vehicle platform with a SaaS-based offering that provides a fair and transparent AI/ ML application for evaluating multi-brand used cars, has acquired OTOBids, an online evaluation and pricing platform for used commercial vehicles.

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Teslarati

APRIL 1, 2021

Lucid Motors and Rivian were sued by the Illinois Automobile Dealers Association, the Chicago Automobile Trade Association, and some individual franchised auto dealerships in the state for selling vehicles directly to consumers. Sander represents more than 700 auto dealers that operate over 2,300 franchises across the state.

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CN EV Post

MARCH 29, 2023

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. This was seen as the beginning of the massive outbreak of the price war. This was seen as the beginning of the massive outbreak of the price war.

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Baua Electric

JUNE 7, 2024

Electric vehicle prices have fallen significantly in the US after a series of aggressive price cuts led by Tesla over the past few years. According to the latest Kelley Blue Book data , average transaction prices for a new EV were down 9% in the first quarter compared to Q1 2023. Are you ready to drive off in a new electric car?

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Electric Vehicles India

APRIL 23, 2021

OBA L5 e-auto. is ready for its great launch of an electric auto Model L5 in the Indian market. The OBA aims to bring down the pollution levels in the country and moreover this e-auto offers low maintenance. OBA L5 e-auto. Its first product JSA 3 wheelers & soon become the first to sell out the best product in India.

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Baua Electric

MARCH 4, 2024

Nissan is slashing prices on its first global electric SUV. The 2024 Nissan Ariya now starts at $39,995, with a lower starting price on all trims. Nissan cuts 2024 Ariya EV price Sales of Nissan’s first all-electric SUV in the US are heating up. Nissan cut Ariya prices by up to $6,000.

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Baua Electric

APRIL 22, 2024

Kia and Genesis are two of the latest to slash EV prices with generous deals. Kia is shipping the EV9 from Korea until production begins (expected next month) at its West Point, GA, plant. Genesis is slashing EV prices with a $7,500 rebate of its own. FTC: We use income earning auto affiliate links.

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CN EV Post

MARCH 12, 2023

The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the auto industry. percent in February, up 2.0

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Baua Electric

APRIL 1, 2024

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. Even with the price cuts, the Mach-E’s turn rate reached 33%. billion last year.

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Clean Fleet Report

NOVEMBER 19, 2022

Most of the vehicles debuting at the 2022 Los Angeles Auto Show were powered by some sort of electricity. Clean Fleet Report got a look at the all-new 2023 Electrified GV70 a couple weeks before the Los Angeles Auto Show, and posted this sneak preview story. No on sale date or pricing has been announced. 2024 Fiat 500e EV.

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Baua Electric

MARCH 14, 2024

State-owned oil marketing companies will cut the prices of petrol and diesel across the country by Rs 2 from March 15, 6 am, as per social media posts by the Ministry of Petroleum and Natural Gas and Minister Hardeep Singh Puri on X today. Following the revision, petrol will be priced at Rs 94.72 per litre. and Rs 92.15, respectively.

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The Truth About Cars

AUGUST 1, 2023

With dealer lots starting to fill back up with product after years of lean inventories that encouraged salespeople to ask for absolutely ludicrous prices, the Federal Reserve has found that lenders are declining would-be borrowers at a record-setting pace.& & The reasons for this are many. percent in June up from 9.1

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The Truth About Cars

JUNE 3, 2024

If you’re curious why there are so many mysteriously sized vehicles carrying ludicrously high price tags these days, it’s a combination of bad regulations and old-fashioned corporate greed. Unfortunately, this has left many with product lineups overloaded with models loads of households can no longer afford.

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Baua Electric

MARCH 19, 2024

Fisker has paused production of its Ocean electric SUV for six weeks as it seeks to draw down inventory and secure additional financing. The production pause at contractor Magna’s Graz, Austria, factory is intended to give Fisker time to sell some of these vehicles.

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Teslarati

OCTOBER 31, 2022

Car buyers looking for a used Tesla Model 3 in the UK may be in luck, as recent reports have revealed that the prices of the all-electric sedan in the second-hand market are starting to level off. As noted by Car Dealer Magazine UK , used vehicle prices in the UK dropped by just 0.5% But they are still priced quite high.

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Baua Electric

MARCH 28, 2024

However, Kia will accelerate EV9 momentum with plans to begin US production by May. Kia to kick off US EV9 production in May After launching the EV9 in the US late last year, Kia has handed over 3,839 models in the US. Kia currently builds the EV9 in Korea but expects to move production to the US by the end of May.

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Clean Fleet Report

NOVEMBER 29, 2022

Kia pulled the sheet off the updated 2024 Seltos at the 2022 Los Angeles Auto Show. This gave Clean Fleet Report the opportunity to sit down with the Seltos Product Manager, Jenny Chang, to discuss the latest updates to this compact SUV. When Will It Be in Dealers? CFR : What is the timeline for the Seltos being in dealers?

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Baua Electric

MARCH 20, 2024

According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. And you get all of this starting at an affordable starting price of as little as $38,650. 361 $43,656 SEL RWD 77.4 305 $46,365 Limited RWD 77.4

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Baua Electric

FEBRUARY 27, 2024

February 26, 2024, will forever be known as Hyundai Day in the state of Georgia as the automaker gears up to begin production at its first dedicated EV and battery plant in the US later this year. Hyundai announced its fast-tracking production at its Hyundai Motor Group Metaplant America (HMGMA) in Georgia.

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Get Electric Vehicle

OCTOBER 1, 2023

The most recent such move from the industry is a joint venture between Delhi-based Saera Electric Auto and Telangana-based Keto Motors of the ETO Motors Group. The two OEMs have set forward intentions to provide six new and competitively priced products by January 2024. You May Al.so

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Teslarati

FEBRUARY 9, 2022

The Model Y, after all, is a premium car, and Tesla’s annual vehicle production output is still just a fraction of what traditional automakers could accomplish regularly. The numbers from the California New Car Dealers Association’s new report would show that Musk is perhaps onto something.

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Teslarati

FEBRUARY 29, 2024

The electric vehicle startup is currently facing a number of challenges, such as a low stock price, missed targets, a pivot to franchised dealers, and negative reviews of the Fisker Ocean. Fisker’s stock price has fallen sharply, dipping below $1 per share last month. What are your plans to address the current stock price?

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EV Central

MAY 14, 2024

The Chinese electrified vehicle maker Leapmotor will launch in Australia in late 2024 as part of an international expansion backed by global auto giant Stellantis. Leapmotor International future product plan. Leapmotor franchises will be offered to existing members of the Australian Stellantis dealer network.

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Electric Vehicles India

NOVEMBER 23, 2021

Greaves Electric Mobility opens EV production facility in Tamil Nadu . Greaves Electric Mobility Pvt Ltd one of the leading companies in the electric vehicles segment has announced the opening of its largest electric vehicles production facility at Ranipet in Tamil Nadu. For the latest electric vehicles news, follow electricvehicles.

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Baua Electric

JUNE 4, 2024

The growth comes after Ford slashed EV prices earlier this year, citing “slower-than-expected” demand with plans to lean more into hybrids. The growth comes after Ford slashed EV prices earlier this year, citing “slower-than-expected” demand with plans to lean more into hybrids. FTC: We use income earning auto affiliate links.

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The Truth About Cars

JANUARY 5, 2024

VinFast Auto is planning to show off several electric vehicles at CES it would like to see sold within the United States in the coming years. But the ultimate goal is for VinFast to become a globally recognized EV manufacturer offering competitively priced vehicles. Tran Mai Hoa, VinFast’s Deputy CEO of Sales and Marketing.

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Baua Electric

MARCH 27, 2024

2023 was already a rough year as Fisker had to lower its production targets several times, pivoting toward a strategy with dealer networks to try and boost sales. The discounted prices for all three trims of the 2023 Fisker Ocean will go into effect on Friday, March 29. FTC: We use income earning auto affiliate links.

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Baua Electric

JUNE 7, 2024

In fact, according to the latest Cox Automotive data, the Nissan LEAF was the most affordable EV in the first three months of 2024, with an average selling price (with discounts) of $27,956. With GM ending Chevy Bolt EV production at the end of 2023, Nissan wants to attract drivers with a new “LEAF Conquest” offer.

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Baua Electric

JUNE 4, 2024

The new 2025 Porsche Taycan (Source: Porsche) Shortly after, Porsche revealed the new +1,000 hp Taycan Turbo GT , its fastest production car yet. 2025 Porsche Taycan interior (Source: Porsche) With the product cycle ending, Porsche delivered 4,236 Taycan models in the first quarter , down 45% compared to Q1 2023.

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Baua Electric

MARCH 1, 2024

Fisker Alaska electric truck concept Fisker has so far relied on contract manufacturing for production of its sole model, the Ocean electric SUV. Production of the Ocean started in November 2022 at Magna’s facility in Austria , but deliveries have trickled out due to a number of issues.

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Baua Electric

JUNE 22, 2023

Dealing with weeks of ready at Vancouver’s Annacis Auto Terminal, Hyundai Auto Canada, for one, has begun diverting vessels to ports in the US, the place cars are offloaded, put on railcars and shipped around the border into Canada. The margin of error is just too small.” We want to be in a position to meet that customer demand.”

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Baua Electric

FEBRUARY 26, 2024

“We started shipping the first newly designed F-150 pickups to dealers this week.” Ford F-150 Lightning production at Rouge EV plant (Source: Ford) Although shipments are still expected within Ford’s “early 2024” timeframe, some trucks have been piling up in lots since December. We can help you find the right model at the right price.

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Baua Electric

MAY 20, 2024

Moving past Production Hell After delivering 75,883 electric cars last year, GM missed its goal of selling 100,000 EVs in the second half of 2023. GM sold less than 14,000 EVs last year after encountering its version of Tesla’s “Production Hell.” The lowest-priced (2LT FWD) model currently starts at $43,295.

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Clean Fleet Report

JULY 27, 2023

With all the car makes, models and prices navigating the world of auto sales can seem like a real challenge. From understanding the market to making sure to shop at a reputable dealer like the King of Cars Texas , you’ll need to read this guide for more tips. The price isn’t fixed.

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