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Tesla expected to near 50% sales growth target in the United States

Teslarati

Tesla is expected to near its 50% sales growth target for the year in the United States, according to Cox Automotive. Tesla has one of the highest growth targets in the automotive industry, aiming for 50% sales growth year over year. For this year, that would mean producing and selling just over 1.4 million vehicles globally.

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Kelly Blue Book: EV prices increased slightly in March, bucking general downward trend

Green Car Congress

The average new EV sold for $58,940 in March, according to Kelley Blue Book (KBB) estimates—well above the industry average. The ATP of a new vehicle in the United States declined in March 2023 to $48,008, a month-over-month decrease of 1.1% ($550) from a downwardly revised February reading of $48,558. in January 2023.

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Audi taps Mertens from Volvo to lead technical development

Green Car Congress

Mertens has exceptionally broad technical expertise and an international background in the automotive industry. In 1985, he gained a master of science degree in industrial engineering and operations research at Virginia Polytechnic Institute in the United States.

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

Green Car Congress

According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. —Rebecca Rydzewski, research manager of economic and industry insights for Cox Automotive. in October.

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Auto Industry and Utilities Urge President Obama to Create to National Electric Fuel Task Force to Accelerate Plug-in Adoption

Green Car Congress

Organizations representing auto manufacturers, electric utilities and the electric drive industry are calling on President Obama to establish a new National Electric Fuel Task Force to help accelerate the adoption of plug-in electric vehicles and the necessary infrastructure. Under the American Recovery and Reinvestment Act, $2.4

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Report: Vehicle Supplies Are Climbing Back Up

The Truth About Cars

This is according to a report from Cox Automotive , which stated that the month of February opened with the industry seeing an average new vehicle supply of 80 days. The United States reportedly hit the 80-day mark (representing a 38 percent increase from the same time a year ago) at the very end of January.

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Sapa opens up automotive-focused extruded aluminum R&D center in Michigan

Green Car Congress

Norway-based aluminum company Sapa is opening an automotive-focused R&D laboratory—Sapa Technology Americas—in Michigan, dedicated to the research and development of extruded aluminum solutions for the automotive industry. Sapa Technology is Sapa’s corporate research and development hub.

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