The Truth About Cars

JULY 16, 2024

Penske Automotive Group has just purchased Michigan’s Bill Brown Ford in Michigan, which sells more Ford-badged automobiles than any other retailer in the world. This is the second Ford dealership purchased by the company this year. In the latter market, Penske recently took control of Melbourne-based Porsche dealerships.

Dealers 105

Dealers Buy Ford Sale 105

Teslarati

JULY 15, 2024

Jim Cramer says Tesla ( NASDAQ: TSLA ) is headed back to the elusive $1 trillion market cap after its recent run-up on the market, which has helped the stock recover early-year losses caused by a cautious growth rate narrative put out by the company. Tesla has tasted a $1 trillion market cap before.

Market 133

Market Tesla Google Buy 133

The Truth About Cars

MARCH 19, 2024

Almost all of us have made a boneheaded purchase or three in our lives. But few are notable as the debacle at Hertz, a company which most gearheads know decided to buy tens of thousands of electric vehicles only to bin them at severely subvented prices. Now, the CEO is stepping down from his role. This can be difficult in an EV.

Buy 116

Buy Tesla Fleet DC 116

Green Car Congress

SEPTEMBER 12, 2023

The municipal public transport operator TPER in the city of Bologna is going to purchase 130 hydrogen buses from Solaris. So far, the company has delivered morethan 120 hydrogen-powered units to a dozen or so clients in 8 countries. The carrier shall also have the right to extend the order by an additional 140 vehicles as an option.

Hydrogen 282

Hydrogen Buy Purchase Fuel 282

The Truth About Cars

MAY 30, 2024

percent market share. People buy the cars that dealers stock, and an overly cautious store might only want colors it knows it can sell, leaving buyers with fewer choices. That same mentality also applies to people looking at vehicle resale values, leading them to buy “safe” colors in hopes that a later sale will be easier.

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Purchase 2004 Cars Dealers 111

Baua Electric

SEPTEMBER 23, 2024

After launching its first EV , the ZDX, in May, Acura introduced a new way to buy its vehicles as it looks to spark sales in the US. The tool was developed with cloud tech company Tekion to speed up the worst part of new car shopping: the buying process. With Acaru’s new tool, you can buy a new vehicle in as little as an hour.

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Acura Sale Market Dealers 52

Green Car Congress

AUGUST 24, 2022

The company now has more than 450 electric yard trucks—with more than 40 in its growing yard truck rental fleet—operating successfully in all sectors of trailer and container handling operations while meeting the most rigorous duty cycles and 24×7 shift schedules.

Electric 482

Electric Electrical Fleet Diesel 482

Baua Electric

AUGUST 14, 2024

Saudi Arabian airline operator Saudia Group has signed a binding sales agreement to purchase 50 Lilium Jets from German electric aircraft manufacturer Lilium , and has an option to purchase 50 more. The sales agreement follows a memorandum of understanding the two companies signed in October 2022.

Saudi Arabia 52

Saudi Arabia Buy Charging Maintenance 52

Green Car Congress

JANUARY 6, 2021

Amazon announced its first purchase—rather than a lease—of eleven Boeing 767-300 aircraft. The purchases include seven aircraft from Delta and four aircraft from WestJet; the aircraft will join the Amazon network by 2022. The company will continue to rely on third-party carriers to operate these new aircraft.

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San Francisco Buy Los Angeles Purchase 243

Teslarati

DECEMBER 30, 2022

While Tesla CEO Elon Musk courted headlines this year due to his sales of TSLA stock, some of the company’s top executives appear to be loading up on shares of the electric vehicle maker. Among these is Tesla Chief Financial Officer (CFO) Zachary Kirkhorn, who exercised options to buy TSLA shares recently. . per share. .

Buy 98

Buy Tesla Highlander Purchase 98

Teslarati

AUGUST 1, 2022

Tesla China will likely see its momentum in the domestic EV market accelerate, thanks to the country’s NEV purchase tax exemption being renewed next year. The NEV purchase tax exemption, which was launched in 2014, allowed most consumers who purchase green vehicles to save about RMB 10,000 (around $1,500).

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Purchase Tax China Tesla 105

Teslarati

JANUARY 6, 2023

Tesla stock ( NASDAQ: TSLA ) continues to slide, presenting buying opportunities to investors. Analysts are beginning to spar with the idea that the automaker’s shares may be nearing an adequate purchase price after a 70 percent slide in the past year on Wall Street. Tesla stock is down over 41 percent in the past 30 days.

Buy 97

Buy Tesla Price IDEA 97

Teslarati

AUGUST 8, 2022

Recent reports suggest that Tesla had signed contracts worth about $5 billion to purchase nickel products from Indonesia. The materials will reportedly be supplied by nickel processing companies in the country. . The post Tesla strikes $5 billion deal to purchase nickel products from Indonesia: report appeared first on TESLARATI.

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Indonesia Purchase Production Tesla 98

Teslarati

MARCH 23, 2022

US House Speaker Nancy Pelosi seems to have confidence in Texas-based electric car maker Tesla (NASDAQ:TSLA) as she recently exercised stock options to buy $2 million shares of the company. A regulatory filing revealed Pelosi disclosed her husband’s purchase of more than $2 million in Tesla stock last week.

Buy 136

Buy Tesla Texas Purchase 136

Green Car Congress

MARCH 15, 2018

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. The bill also includes a reporting requirement for State agencies that purchase vehicles.

Maryland 207

Maryland Purchase Auto Land Rover 207

Green Car Congress

JULY 24, 2017

is acquiring a large portion of the Thai Storage Battery Public Company Limited (TSB Company), a manufacturer of automotive and industrial lead-acid storage batteries mainly in Southeast Asia, with a high market share in Thailand and elsewhere. of the company’s stock from the Korphaibool Family. Hitachi Chemical Co.,

Lead Acid 150

Lead Acid Companies Thailand Asia 150

Baua Electric

JUNE 8, 2024

and can display over 20 vehicles certified by the automaker Toyota Kirloskar Motor (TKM) recently inaugurated its first company-owned Toyota Used Car Outlet (TUCO) under the ‘Toyota U-Trust’ brand. The TUCO dealerships are retail touchpoints designed for buying and selling preowned Toyota vehicles.

Toyota 52

Toyota Companies Cars India 52

The Truth About Cars

AUGUST 22, 2023

Automakers are going electric, which means that all the companies that rely on them will have to adapt. Car rental companies have long pledged to make the transition alongside their auto industry partners, and Hertz recently announced that it would be adding the Cadillac Lyriq and Chevy Silverado EV.& electric rental fleet.

Silverado 98

Silverado Cadillac Fleet Buy 98

Green Car Congress

DECEMBER 11, 2018

Daimler will buy more than €20 billion (US$23 billion) of battery cells for electric drive vehicles by 2030, the company announced. The company is also investing €1 billion in the global battery production network within the worldwide production network.

Buy 259

Buy Battery Batteries Mercedes 259

Teslarati

MAY 23, 2023

As is the case with several other quirky products from Elon Musk’s companies, deliveries of The Boring Company’s Burnt Hair perfume ended up being late. pic.twitter.com/WEQFkKovQS — Sofiaan Fraval (@Sofiaan) May 22, 2023 The Boring Company’s Burnt Hair perfume is the latest gag merchandise from Elon Musk.

Companies 90

Companies Purchase Price Buy 90

Green Car Congress

JUNE 4, 2021

United Airlines announced a commercial agreement with Denver-based aerospace company Boom Supersonic to purchase 15 of Boom’s Overture supersonic airliners, once Overture meets United’s safety, operating and sustainability requirements, with an option for an additional 35 aircraft.

San Francisco 243

San Francisco Buy Denver London 243

Baua Electric

FEBRUARY 5, 2024

Polestar (PSNY) shares are falling Monday after car rental giant Hertz (HTZ) announced plans to delay buying its EVs this year. The agreement included purchasing up to 65K Polestar EVs through 2027. Hertz said it would use some of the proceeds to buy new gas-powered cars after Tesla’s prices fell from their peak.

Buy 52

Buy Volvo Fleet Purchase 52

Baua Electric

JUNE 22, 2024

India’s pre-owned two-wheeler market is poised to witness significant growth with the entry of large organised players and a proliferation of financing options. Several banks have now started financing pre-owned two-wheeler purchases, Kantheti points out. times, compared to 1.4 times for used cars versus new cars. times, compared to 1.4

Market 52

Market Financing Dealers India 52

Green Car Congress

JANUARY 19, 2023

Atlas Lithium Corporation, a US-based mineral exploration company focused on lithium and other battery metals in Brazil, signed a Memorandum of Understanding (MOU) with Mitsui & Co., with respect to Mitsui’s potential interest in acquiring the right to purchase Atlas Lithium’s future lithium concentrate production.

Brazil 259

Brazil Production Purchase Japan 259

Green Car Congress

OCTOBER 19, 2015

James Dyson, founder and chief engineer of the eponymous manufacturing and technology company, told USA Today in an interview that Dyson plans to build a major battery factory and also plans to use Sakti3’s technology to improve the battery life on its cordless vacuums and to deliver new products. Ann Marie Sastry, CEO of Sakti3, in 2014.

Li-ion 150

Li-ion Companies Buy Battery 150

Teslarati

JUNE 15, 2021

Tesla ( NASDAQ: TSLA ) is expected to control 10% of the global automotive market in the coming years, analysts from Tokyo-based Mizuho Bank said in a recent note to investors. While Mizuho analyst Vijay Rakesh identifies the growing global EV market and Tesla’s domination of it , he is aware of incoming competitors.

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Market Global Auto Tesla 134

Teslarati

FEBRUARY 23, 2022

The KBB report says nearly 500,000 fully-electric vehicles were purchased last year. Whether it would be a fully-electric car, hybrid, or plug-in hybrid, consumer data seems to show more emphasis on buying sustainable vehicle options. percent of the total market share in the United States. percent of the EV market share.

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Electric Vehicles Market Sale Tesla 145

Teslarati

APRIL 15, 2021

Goldman Sachs is preparing for the lapse of the Age of Oil, predicting big gains for the companies that continue to help expand the footprint of sustainable energy. However, Tesla isn’t the only car company that is listed , and cars are not the only topic that Goldman analysts are bullish on as the Age of Oil begins its imminent demise.

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Oil Buy Tesla Petrol 143

Green Car Congress

AUGUST 25, 2022

Ltd (Japan) group of companies, announced multiple contracts to provide more than a dozen Hydrogen Fueling Stations (HFS) to customers in California and South Korea. The purchase orders have a combined value of almost US$60 million. Nikkiso Clean Energy & Industrial Gases Group (CE&IG), a part of the Nikkiso Co.,

South Korea 221

South Korea Hydrogen California Clean 221

Green Car Congress

AUGUST 10, 2022

Autonomy, the nation’s largest electric vehicle subscription company, placed an order for 23,000 electric vehicles with 17 global automakers to expand and diversify its subscription fleet beyond Tesla. Tesla was certainly the right launch partner for Autonomy given their dominance in the electric vehicle market today.

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Fleet Store Fisker Google 482

Teslarati

AUGUST 6, 2024

Tesla has not utilized wholesalers like Costco to sell its vehicles in the past, but other car companies have. General Motors , for example, has used Costco for several years to sell its vehicles to club members, giving them exclusive discounts and pricing options as consumers look to purchase a new car. I’d love to hear from you!

Taiwan 133

Taiwan Tesla Buy General Motors 133

Teslarati

NOVEMBER 1, 2021

Tesla China has announced a new “Financial Leasing” plan for more affordability as it offers the option of 0% down to purchase a vehicle, as well as several other financing options. Widespread EV adoption is already occurring in China, and Tesla is among the most popular manufacturers in the market.

China 145

China Buy Tesla Financing 145

Green Car Congress

FEBRUARY 1, 2021

Almost half of global consumers (46%) are considering purchasing a car in the next 12 months, an increase from 35% in April 2020. Younger consumers are most likely to buy. Younger consumers (aged 18-35) are leading the trend, with 59% considering purchasing a car in the next 12 months compared with 46% across all age groups.

Personal 265

Personal 2020 Global Vehicles 265

Baua Electric

MAY 19, 2024

Rajesh Jejurikar, ED and CEO, Automotive and Farm Business at Mahindra & Mahindra says the Indian market has “very functional EVs,” and not products that can, “wow the customers,” and the company is banking on its Born EVs to build excitement with its future EVs and building penetration. People buy wow products.

Market 52

Market Production India Buy 52

Green Car Congress

OCTOBER 5, 2021

U-Haul—the largest US retailer of propane—has purchased one million gallons of renewable propane to sell at its company-owned and -operated stores across California for the second year in row. Earlier post.) U-Haul teamed again with national distributor Suburban Propane Partners, L.P.,

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Store Renewable California San Diego 243

Teslarati

NOVEMBER 4, 2021

Tesla ( NASDAQ:TSLA ) as a company is no stranger to doing things that were widely thought of as impossible. Tesla shares were on a wild surge as of late, with the company going on a tear following its impressive Q3 2021 earnings results on October 20. News of car rental giant Hertz’s decision to purchase 100,000 Teslas in a $4.2

Market 145

Market Tesla Nevada Companies 145

Green Car Congress

SEPTEMBER 1, 2020

Before the COVID-19 pandemic lockdowns, engineering simulation software company Ansys commissioned a global survey of 16,037 adults resulting in some insights about consumer attitudes toward vehicle electrification. US respondents are split when it comes to when they’ll consider purchasing an EV.

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Tax Credit Global Vehicles Tax 186