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Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

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. Electric automobiles have, for whatever reason, been framed as a moral good by both industrial and government actors.

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Indian market to remain flat in 2024, Kia to grow by 13% – Kia global CEO Song | Autocar Professional

Baua Electric

Ho-Sung Song, the global president and CEO of Kia expects the Indian market to remain flat in 2024. Kia aims to achieve a sales volume of 277k units, with 13% growth year on year, and a market share of 6.8%.” Additionally, we plan to expedite new dealer recruitment to rapidly build our sales growth capabilities,” he said.

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KIA: Double-digit enlargement in Q2

Baua Electric

Kia’s Strong point sedan is also doing neatly because of city consumers, who nonetheless favor smaller, extra cost-efficient automobiles. ” “Our production is up and we’ve been able to sell that because our sales are up year over year, but we’re not building dealer stock,” he stated.

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THE UNOBVIOUS ONES: Serving to Genesis Canada promote ‘anything else that drives benefit’ outdoor untouched automobiles

Baua Electric

MICHAEL BARRETT DRIVEN TO INCREASE PROFITS IN ALL ASPECTS OF RETAIL Genesis Motors Canada depends upon greater than untouched automobiles for earnings. That comes with old automobiles, finance-office merchandise and making plans for carrier profitability as extra of the fairly untouched model’s automobiles come off guaranty.

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

Green Car Congress

In fact, average MSRP has increased more than average ATP year over year, indicating automakers are still building a richer mix of expensive models and fewer value vehicles. Honda and Kia showed the most price strength in the non-luxury market, transacting between 6% to 8% over sticker price in November.

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April auto gross sales defy financial hesitancy

Baua Electric

from March to $1,606 consistent with automobile throughout all automakers, in keeping with TrueCar knowledge. million automobiles in April, flat with March however 45 p.c Energy and LMC Automobile stated. building up in April. Hyundai and Kia each posted beneficial properties for the ninth-straight generation.

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Report: Vehicle Supplies Are Climbing Back Up

The Truth About Cars

Vehicle pricing also dropped slightly, though presumably not enough to send anyone running out the door to buy a new automobile due to how outrageously high they’ve been over the last several years. It was followed by Honda, Lexus, Mazda, Land Rover, Cadillac, Kia, Porsche, Subaru and BMW. However, the way in which U.S.

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