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General Motors introduces omnichannel used car marketplace CarBravo

Green Car Congress

Dealer enrollment begins immediately, and the consumer launch is expected to begin in spring 2022. CarBravo will give customers more choice and access to shop significantly expanded inventories of both the dealer and a national central stock of GM used vehicles.

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Tesla Looks to Boost Model Y Sales with Threats of Nearing Price Increases

The Truth About Cars

As we approach the end of the first quarter of 2024, Tesla is pushing the Model Y with a message that prices will increase on April 1 in hopes that the threat of higher purchase price s will drive buyers to act in the next two weeks. These moves are not at all surprising for Tesla, but the company is in an interesting position.

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Recurrent Auto and Black Book launch EV-centric valuation system for used cars

Teslarati

Recurrent Auto and Black Book are now offering a service that will more accurately value used electric vehicles influenced by battery health and other EV-specific factors. Recurrent Auto and Black Book are looking to solve that. Has the vehicle required significant transmission work? Has the catalytic converter been replaced recently?

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Report: Wholesale Used Car Prices Decline Slightly

The Truth About Cars

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 However, Cox and Black Book suggested that the UAW strike's end probably played a meaningful role. "The percent in October.

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Ola electric scooter opens bookings at Rs 499

Electric Vehicles India

Ola electric scooter opens bookings at Rs 499. The Ola electric scooter has opened the bookings of its electric scooter with a refundable deposit of Rs 499. But the company give hints that the scooter will be competitively priced with class-leading speed, range, larger boot space, side stand, position indicator, etc. .

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Tesla warns of Model Y price increase as new end-of-quarter incentive

Baua Electric

Tesla has announced that it will increase Model Y prices by $1,000 on April 1st, as a new end-of-quarter incentive. The automaker is incentivized to do so due to its direct-to-consumer approach, which differs from the franchise dealer model employed by most other automakers. It makes sense. You then go back to what works.

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The Biden Administration is on track to meet its 2030 EV sales goal

Teslarati

Kelley Blue Book estimated that EV share in the US car market increased to 7.6% There’s a lot of new models that are coming on from our domestic manufacturers that are much lower price as well,” Granholm told Yahoo Finance. Meanwhile, other electric vehicles in the US market have slashed prices by over 10%.

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