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Auto parts seller LKQ cuts 2024 sales forecast as warm weather slows demand – ET Auto

Baua Electric

Auto parts distributor LKQ cut its full-year sales forecast on Tuesday and missed estimates for first-quarter profit amid falling metal prices and softening demand for spares in North America. It also posted sales of USD3.70 It now expects to report organic revenue growth for parts and services between 2.5%

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2023 EV registrations in Europe surpass two million units, setting new record – Charged EVs

Baua Electric

In 2023, Europe’s auto market achieved its best sales since the pandemic, spurred partly by strong demand for EVs. However, market share also grew in emerging EV markets including Slovenia (which saw an increase from 5% in 2022 to 9% in 2023), Estonia (3.4% Chinese brands saw sales grow by 79% year-on-year.

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Renault-Nissan and Daimler Announce Strategic Cooperation; Equity Exchanges, Common Small Vehicle Platform, Powertrains and Light Commercial Vehicles

Green Car Congress

The Renault-Nissan Alliance knows how to work successfully in collaborative partnerships, and this experience is extremely valuable in today’s and even more tomorrow’s global auto industry. Both partners will benefit from higher unit sales, better capacity utilization, shared investment burden, resulting in a better overall cost basis.

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SAIC showcases battery-electric Maxus EV80 van range at IAA

Green Car Congress

Standard AC charging takes seven hours, in-line with the industry standard for plug-in vehicles. A 10-inch infotainment screen is an optional extra, which includes the latest Apple CarPlay and Android Auto connectivity applications. SAIC Motor’s car sales hit 6.93 Charging time is just two hours while using a DC charger.

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COP26 declaration on accelerating the transition to 100% zero emission cars and vans

Green Car Congress

Signatories by category: Governments: Austria; Azerbaijan; Cambodia; Canada; Cape Verde; Chile; Croatia; Cyprus; Denmark; El Salvador; Finland; Iceland; Ireland; Israel; Lithuania; Luxembourg; Netherlands; New Zealand; Norway; Poland; Slovenia; Sweden; United Kingdom. The declaration is not legally binding and is focused on a global level.

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The irrational argument against government intervention with EVs & ICE vehicle bans

Plug In India

These kinds of bans have attracted criticism from auto 'journalists' and legacy vehicle manufacturers who rely on ICE (Internal Combustion Engine) sales which are already faltering tremendously. Is their criticism warranted? Absolutely not. Thus such a direction from the government is very important.

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Falling Domestic Fares and an A.I. Arms Race: What Travelers Can Expect in 2024

Baua Electric

We’re seeing biometrics really help the travel industry cope with the volumes of travelers going up and the need to really process people quicker.” Another alternative that travel advisers recommend is Slovenia. trillion by 2025, according to the Global Wellness Institute, a nonprofit that tracks the industry.

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