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Resale values crucial for supercar segment growth: Lalit Choudary, Infinity Cars | Autocar Professional

Baua Electric

The supercar industry has lately been booming in India, with carmakers like Porsche and Lamborghini registering record domestic sales over the last couple of years. However, with such exclusivity comes a hardening of the residual value, something that supercars have typically not been able to counteract in markets abroad.

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US Auto Industry Down 8% Since 2019

CleanTechnica EVs

No other media outlet compares US auto industry trends with as much history and depth as we do in these. It’s time for another one of our quarterly US auto sales reports. First, before getting into the automaker comparisons for the second quarter of 2023 versus the second quarters of 2019, 2020, 2021, and 2022, […]

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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. In November 2019, the luxury share of the US market was 16.1%. Luxury vehicle share remains historically high, increasing to 18.2% in October.

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US Auto Industry Down 3+ Million Sales (19%) Since 2019

CleanTechnica EVs

The US auto industry has been declining steadily for a few years at least. Compared to 2021, the American auto industry’s annual sales were down by more than 1 million units, or 8%. Compared to 2020, there were “only” down by 725,726 units (5%). But compared to 2019, they were down by more than 3 […]

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US Auto Industry Up 10% In 4th Quarter — But Down 16% Compared To Q4 2019

CleanTechnica EVs

The US auto industry is truly on the rebound. Seemingly not, as US auto industry sales in the 4th quarter of 2022 were 10% higher than […] In the 3rd quarter, sales increasing 1% compared to the 3rd quarter of 2021, the first positive trend in a while. But was it just a lucky little blip?

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Stellantis Continues Snubbing North American Auto Shows

The Truth About Cars

Stellantis pulled out of last year’s Los Angeles Auto Show and the Specialty Equipment Market Association (SEMA) trade show , stating that it was trying to save money amid the now resolved UAW strike. automotive market, Stellantis is working to optimize its marketing strategy as it relates to auto shows.&

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Tesla Model 3 leads used EV price collapse

Teslarati

The used car market has seen dramatic movement over the past twelve months. Hence, the used market has begun to collapse in reaction. over the past six months, the fastest of any model from any automaker in the industry. But leading that charge is the Tesla Model 3, which has seen its average used price fall by 21.5%

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