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Porsche Casts Doubt Upon Combustion Ban Timeline

The Truth About Cars

This is also true of the industry itself, which often makes bold promises designed to appease a subset of the public only to repeatedly move the target date back a few years.& However, Porsche Chief Financial Officer Lutz Meschke was quoted by Automotive News on Thursday casting some doubts.& In 2022, the EU estimated that 21.6-percent

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GM leading current industry evaluation of BioRID rear impact crash dummies

Green Car Congress

General Motors, which has a long history of crash test dummy design, is leading current research on the potential for global auto industry use of a test dummy that would help automakers and safety experts better understand how crash victims are hurt in rear impacts. The BioRID ATD. Click to enlarge.

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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. of the market.

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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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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price. Stephanie Valdez-Streaty , director of Industry Insights at Cox Automotive, said: “EV sales continue to grow in the U.S.,

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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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