Baua Electric

FEBRUARY 2, 2024

Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. The publication’s 2024 Dealer Outlook Survey compiled responses from 208 U.S. car dealers and dealership managers. billion on EV infrastructure.

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The Truth About Cars

DECEMBER 13, 2023

The Federal Trade Commission (FTC) has announced the finalization of the new Combating Auto Retail Scams (CARS) rule designed to prevent auto dealers from utilizing bait-and-switch tactics and hidden junk fees. If consumers see that a dealer is complying with the CARS Rule, it adds a measure of confidence.

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CN EV Post

APRIL 6, 2023

With consumers in a wait-and-see mood, orders and transaction rates did not increase significantly, and auto demand recovered less than expected, the CADA said. However, orders and transaction rates did not increase significantly as consumers were in a wait-and-see mood, and auto consumer demand did not recover as expected, the CADA said.

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Teslarati

APRIL 1, 2021

Lucid Motors and Rivian were sued by the Illinois Automobile Dealers Association, the Chicago Automobile Trade Association, and some individual franchised auto dealerships in the state for selling vehicles directly to consumers. Credit: Lucid Motors.

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The Truth About Cars

JANUARY 19, 2024

While most car dealerships are honest, legitimate businesses, some don’t hold their customers in such high regard, charging more than they should without the right disclosures about what the fees are for. Dealers found to be violating CARS rules could see fines of $50,120 for every offense. Image: Daniel J.

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Baua Electric

JUNE 20, 2023

The Unobvious Ones is a per month have a look at movers and shakers who fly beneath the radar within the Canadian auto trade. MICHAEL BARRETT DRIVEN TO INCREASE PROFITS IN ALL ASPECTS OF RETAIL Genesis Motors Canada depends upon greater than untouched automobiles for earnings. From the top employment in Markham, Ont.,

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The Truth About Cars

APRIL 29, 2023

I spent 33 years in the automobile business, the equivalent of 96 human years. Having worked for car dealerships, manufacturers, an auction house, and an auto finance company, I’m convinced there is no other industry that attracts& such a diverse cast of characters. & These are their stories.

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EV Connect

FEBRUARY 8, 2024

Leading auto dealers see that the near-term trend is electric and are adopting their businesses to sell more EVs. According to data from iseecars.com, Non-Tesla new car dealers selling electric vehicles in the U.S. Here are 3 reasons why public charging is a great opportunity for car dealerships: 1. percent to 55.1

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Baua Electric

JULY 22, 2024

The shift in strategy follows tepid response to a voluntary vehicle modernisation programme started three years ago to remove more than 10 million polluting cars, buses and trucks off the roads. The Centre is considering setting up a dedicated fund to incentivise new vehicle buyers among steps to push customers to scrap old vehicles.

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CN EV Post

MARCH 12, 2023

The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the auto industry.

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Baua Electric

MAY 6, 2023

Given the way in which automobile costs have risen, it’s now not unexpected that dealers and lenders have followed some loan business practices. The post Column: Announcing ‘deny thank you’ to auto mortgage pre-qualification appeared first on Bauaelectric Auto News.

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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. —Auto Alliance. SB 1234 is a good step in the right direction.

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Baua Electric

JUNE 9, 2023

The post-COVID-19 atmosphere “when cars were selling themselves” created “a lot of bad habits” within the dealerships, Frehsee mentioned. The post Virtual automobile sale good fortune is dependent upon collaboration, mavens say appeared first on Bauaelectric Auto News.

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The Truth About Cars

NOVEMBER 8, 2023

Out-of-state, big-box auto retailers — that don’t speak for independent auto repairers — spent nearly $5 million trying to scare Mainers into thinking that the right-to-repair their vehicles was going away,” John Bozzella, president and CEO of Alliance for Automotive Innovation (AAI), stated in a release.

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CleanTechnica EVs

DECEMBER 8, 2021

In this new series for CleanTech Talk, Zachary Shahan and Jo Borras explore the role of dealers in the EV revolution.

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The Truth About Cars

AUGUST 1, 2023

With dealer lots starting to fill back up with product after years of lean inventories that encouraged salespeople to ask for absolutely ludicrous prices, the Federal Reserve has found that lenders are declining would-be borrowers at a record-setting pace.& & The reasons for this are many. percent in June up from 9.1

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Electric Vehicles India

JANUARY 19, 2023

The India Expo Mart in Greater Noida hosted the opening ceremony for Auto Expo 2023 on January 11, and on January 13 the public was allowed access. lakh people attended the 16th edition of India’s premier car show, setting a new attendance record. Additionally, 82 automobiles in all had their global or Indian debuts at the event.

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Green Car Congress

DECEMBER 13, 2022

On average, car shoppers in the non-luxury segment paid $410 above sticker price, a slight increase from October. Luxury cars had the highest incentives in November at 4.8% Cox Automotive Dealer Sentiment Index. The previous record high was recorded in August. Most non-luxury brands had stable pricing or declines in November.

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Baua Electric

MAY 6, 2023

Auto lenders polled via synthetic insigt and information supplier Level Predictive for its 2023 Auto Lending Fraud Survey worry worsening financial situations may push mortgage fraud and defaults upper this while. Pay stub forgery continues to be a illness for auto lenders, the vast majority of whom mentioned they imagine up to 10 p.c

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CN EV Post

MARCH 29, 2023

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. At the same time, some car companies made it clear that they would not participate in the price war, trying to dispel the wait-and-see sentiment of potential consumers.

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Baua Electric

MAY 5, 2023

from March to $1,606 consistent with automobile throughout all automakers, in keeping with TrueCar knowledge. million automobiles in April, flat with March however 45 p.c Energy and LMC Automobile stated. in keeping with the Automobile Information Knowledge & Analysis Heart. from March to $45,251. Thomas King, J.D.

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Baua Electric

FEBRUARY 7, 2024

versus the previous month, the first such drop since August 2023, industry data showed, as demand faltered in the world’s largest auto market despite a renewed discounting push led by Tesla. from December, the first such slide since November, according to data from the China Association of Automobile Manufacturers (CAAM).

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Green Car Congress

JANUARY 29, 2019

BAIC-Xiaoju New Energy Auto Technology Co. Ltd (JingJu) aims to combine the two companies’ strengths in new energy fleet operation and AI transportation solutions to develop next-generation connected-car systems. Xiaoju Automobile Solutions?XAS?was an affiliate of BAIC. Transportation Brain comes online.

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Baua Electric

MARCH 6, 2024

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead.

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Electric Vehicles India

JANUARY 20, 2023

One of the top companies in the electric automobile market, Saera Electric Auto Private Limited (SEAPL), has agreed to finance vehicles through the non-banking financial corporation (NBFC), AMU Leasing Pvt. AMU Leasing Private Limited (ALPL) is a 24 September 1993-founded NBFC with its headquarters in Delhi and an RBI licence.

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Baua Electric

JUNE 22, 2023

Delays of as much as a era on the Port of Vancouver, pushed by way of heightened automobile imports and a dearth of railcars, are prompting automakers that send cars in the course of the West Coast logistics hub to enact elaborate contingency plans to get cars to Canadian sellers. It’s a sad state of affairs,” Romano stated.

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Baua Electric

JUNE 6, 2023

Regional auto displays are making plans a comeback in 2024 in a minimum of 3 centres: Vancouver, Calgary and Ottawa. Jim Gillespie, supervisor of the Calgary World Auto and Truck Display, mentioned the display can be one presen shorter than in earlier years, however goes forward without or with producer assistance.

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Baua Electric

AUGUST 20, 2024

By: HT Auto Desk | Updated on: 21 Aug 2024, 11:18 AM Maruti Suzuki’s sales dropped by 9.64 per cent in July as the carmaker reduced vehicle dispatches to dealers amid moderation in demand. Reduced sales has led to build up of unsold cars for carmakers. per cent in July compared to the same month last year.

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Green Car Reports

OCTOBER 31, 2012

Approved by auto manufacturers, environmental groups and the White House, 2025's 54.5 mpg gas mileage rules are still causing headaches for dealers. The National Automobile Dealers Association (NADA) continues to oppose the ruling, and hopes that newly introduced legislation will lead to a re-think in 2017.

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Baua Electric

AUGUST 27, 2024

These bans come from old laws that were meant to protect car dealers from their own automakers supplying the vehicles. The idea is that automakers couldn’t open a company-owned store next to a third-party dealer after they have made the investment to sell and service their cars. It would be unfair competition.

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Electric Vehicles India

MARCH 7, 2023

With the advent of battery technology, the automobile industry is shifting towards electric vehicles from the gasoline ones. Here, we will discuss the electric car sales for the month of February 2023. The sales count is more than 50% higher than the January 2023’s delivered cars. 57 Volvo Auto India 32 28 – 0.0

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Electric Vehicles India

DECEMBER 27, 2021

Baidu’s Jidu Auto to start mass production of its first robot EVs in 2023. Read further to know more about Baidu’s Jidu Auto. . Baidu Chief Executive Robin Li said that Jidu Auto would start mass production of its first “robot” electric vehicles in 2023. Autonomous car for Indian road.

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Baua Electric

MAY 9, 2023

TrueCar expects {that a} up-to-date subsidiary eager about offering market-based valuations for older automobiles will trap sellers and assistance develop trade in an ongoing, tight used-vehicle marketplace. The post TrueCar used-car valuation device launches as Q1 income drops, losses stand appeared first on Bauaelectric Auto News.

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Baua Electric

SEPTEMBER 23, 2023

. “It’s a key model and allows us to be sustainable from a profitability perspective and also for the dealers,” McLaren’s Americas boss Nicolas Brown advised Car Information. 4-door automobile: McLaren is thinking about diversifying past its two-door lineup.

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Green Car Congress

JANUARY 3, 2011

Chinese carmaker Jianghuai Automobile Co.,Ltd. JAC) shipped 500 ethanol-powered cars to Brazil at the end of December, the first batch resulting from a deal signed in August with Brazilian dealer SHC to export 620,000 units to Brazil over the next ten years. JAC will send 1,500 more units this month, and 2,500 cars in February.

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Baua Electric

SEPTEMBER 8, 2023

“One unit is one more spot on a rail [car], it’s one more spot on a truck. It does help the overall capacity,” Bell informed Car Information. Council individuals up to now have been fascinated with serving to to expedite automobile supply, Bell and sellers stated, however the numbers didn’t pencil economically.

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Electric Vehicles India

JANUARY 19, 2023

The British automaker displayed the MG Euniq 7, a multipurpose vehicle (MPV) powered by hydrogen fuel cell technology, on the second day of Auto Expo 2023. The automobile on display had a dual-tone blue and white paint job. MG India showcased the country’s first fuel-cell vehicle.

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