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Kelley Blue Book: average new-vehicle prices in US up 5.4% in May y-o-y; average EV price down 10.8%

Green Car Congress

The third and fourth highest-priced models within the segment include the GMC Yukon XL ($79,695) and Yukon ($77,031), both priced substantially above the industry and segment average. Standard full-size SUVs and pickup trucks contributed to the growth among non-luxury segments. Subcompact Car. Subcompact SUV/Crossover.

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Rio Tinto completes acquisition of Turquoise Hill for $3.1B

Green Car Congress

The transaction closed following approval from the Yukon court in Canada and the majority of TRQ minority shareholders supporting the deal. Open pit mining began at Oyu Tolgoi in 2011 and the copper concentrator, the largest industrial complex ever built in Mongolia, began processing mined ore into copper concentrate in 2013.

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Chevy, GMC struggle for EV/ICE candy spot

Baua Electric

Bolt EUV/EV: Chevrolet will finish manufacturing of the Bolt EUV and EV, constructed on GM’s earlier battery structure, on the finish of the month. Specific/Savana: Manufacturing of the interior combustion-powered Chevy Specific and GMC Savana full-size industrial vehicles is predicted to finish in 2026. Actual timing is dense.

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