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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The total 10-year cost of maintaining and repairing a Tesla is the cheapest in the industry, according to a data analysis shared by Consumer Reports on Friday.

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BMW imported 8,000 vehicles into US with parts from banned Chinese supplier says Senate report – ET Auto

Baua Electric

The report found that Bourns Inc, a California-based auto supplier, had sourced components from Sichuan Jingweida Technology Group (JWD). Bourns provided JWD parts to Lear Corp, a direct supplier for BMW and Jaguar Land Rover. imported vehicles. ports because a Chinese subcomponent breached anti-forced labor laws.

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Auto Alliance pushing for passage of Maryland SB 1234 that would require state purchase of ZEVs; 50% of LDVs by 2026

Green Car Congress

The Alliance of Automobile Manufacturers (Auto Alliance) is strongly supporting the passage of Maryland’s SB 1234 , a bill that would require the State of Maryland to purchase zero emission vehicles (ZEVs) for state fleets. —Auto Alliance. SB 1234 is a good step in the right direction.

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Kelly Blue Book: EV prices increased slightly in March, bucking general downward trend

Green Car Congress

The average new EV sold for $58,940 in March, according to Kelley Blue Book (KBB) estimates—well above the industry average. Meanwhile, auto manufacturer’s incentive spend rose to the highest level in 12 months at 3.2% Two luxury brands now have average transaction prices over $100,000: Land Rover and Porsche.

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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

—Rebecca Rydzewski, research manager of economic and industry insights for Cox Automotive. The high share of luxury sales helps to push the overall industry ATP higher. Porsche and Land Rover showed the most price strength in the luxury market, transacting between 2% to 6.4% in October.

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European Auto Industry Expresses Concern Over Iron Ore Price Hikes

Green Car Congress

The European automobile industry expressed concern about the “ sudden and massive ” increase in the price of iron ore, a crucial material for producing steel. The automobile industry needs broad access to raw materials at competitive conditions, especially in times of fragile economic circumstances, ACEA said.

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Auto Industry and Utilities Urge President Obama to Create to National Electric Fuel Task Force to Accelerate Plug-in Adoption

Green Car Congress

Organizations representing auto manufacturers, electric utilities and the electric drive industry are calling on President Obama to establish a new National Electric Fuel Task Force to help accelerate the adoption of plug-in electric vehicles and the necessary infrastructure. Under the American Recovery and Reinvestment Act, $2.4

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