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EC rolls out CARS 2020 action plan for European auto industry

Green Car Congress

To meet long-term greenhouse gas emissions targets as well as air quality objectives, the internal combustion engine will be further improved, being accompanied by the development and progressive implementation of breakthrough technologies, such as electrified propulsion.

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Auto Alliance urges EPA to withdraw premature Final Determination on light-duty GHG regulations, resume Midterm Evaluation process with NHTSA

Green Car Congress

The Auto Alliance has sent a letter to EPA Administrator Scott Pruitt requesting that the US Environmental Protection Agency withdraw the Final Determination on the Appropriateness of the Model Year 2022-2025 Light-Duty Vehicle Greenhouse Gas Emissions Standards under the Midterm Evaluation which EPA announced on 13 January 2017.

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New Ford Escape launching with two new EcoBoost engines with standard Auto Start-Stop

Green Car Congress

The new Ford Escape, being showcased at the Los Angeles Auto Show, is the first Ford vehicle to make Auto Start-Stop standard with either of two EcoBoost engines new to the model—a 1.5-liter Hill-start assist: The feature holds the vehicle stationary on a hill long enough for the driver to transition from brake to gas pedal.

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Tesla bull calls battery cost declines “good deflation” that could boost EV sales

Teslarati

In contrast to “good deflation,” ARK also identified an example of “bad deflation” in the auto industry, specifically in the used car market. In its July 2021 publication, The Manheim Market Report (MMR) stated there were declines in prices every week last month.

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Center for Automotive Research calls long-run economic risk to auto industry of mandating permanent fuel economy standards very serious; recommends periodic reviews

Green Car Congress

Based on the results of the study, CAR believes the economic risk to the auto industry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.

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Tesla bucked the industry with its Q1 results — now TSLA is seeing momentum

Teslarati

Tesla ( NASDAQ:TSLA ) essentially bucked the auto industry in the first quarter of 2022. Wedbush analyst Dan Ives noted that Tesla’s deliveries were “better than feared” considering the pervading supply chain issues affecting the auto segment today.

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Hyundai surpassed Volkswagen Group’s operating profit

Teslarati

The South Korean automaker attributes its success to diverse offerings, including electric vehicles, plug-in hybrids, and gas-powered cars. As of the first quarter, Hyundai has the second-highest operating profit in the global automotive industry. Toyota Group remains the global auto industry leader, with an operating profit of $7.15

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