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CapGemini: 87% of global consumers prefer personal vehicle to ensure safe travel, up from 57% in April 2020

Green Car Congress

Almost half of global consumers (46%) are considering purchasing a car in the next 12 months, an increase from 35% in April 2020. This reflects a continuous shift in consumer preference towards personal mobility, fueled by the COVID-19 pandemic, as car ownership today is seen as a safeguard against the risk and spread of infection.

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Toyota unveils 2 New bZ series EV models at Auto Shanghai

Green Car Congress

Toyota Motor Corporation unveiled two BEV concept models, the bZ Sport Crossover Concept and bZ FlexSpace Concept, at Auto Shanghai. In addition to its active, iconic styling, it has been designed with functions to provide a personal space for Generation Z. It is planned to be produced and sold by FAW Toyota Motor.

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J.D. Power: EV consideration in US is up but skepticism still exists

Green Car Congress

Auto shoppers in America are more likely than ever before to consider buying a fully electric vehicle (EV), and new EV entries are responsible for much of the added consideration. Perhaps most tellingly, 34% of those who indicate they are unlikely to consider purchasing an EV say they lack access to any charging capabilities at home or work.

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Should You Use a Personal Loan to Buy Your Next Car?

Clean Fleet Report

Should You Use a Personal Loan to Buy Your Next Car? If yes, remember that you have various already-available options, like a personal loan, which is one of the most popular ways of financing a new car purchase. However, it’s important to consider the advantages and disadvantages of using a personal loan to buy a car.

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Hackers demand massive ransom as cyberattack plagues auto dealerships

Teslarati

and Canada’s most commonly used auto dealer management software has rendered over 15,000 dealerships unable to make sales over the past few days, and those who claim to be behind the outage are demanding tens of millions of dollars as ransom. Auto dealerships in the U.S. Auto dealerships in the U.S. dealerships.

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Deloitte: interest in hybrid vehicles still significantly outpacing full battery-electrics

Green Car Congress

As global auto manufacturers continue to invest in electrified vehicle (EV) production, internal combustion engine (ICE) powertrains dominate future US intentions, with 69% of US consumers looking to retain the technology for their next vehicle, according to Deloitte’s 2022 Global Automotive Consumer Study report. Source: Deloitte.

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Teslas are worth longer term auto loans, study finds

Teslarati

Car buyers who ultimately end up purchasing Tesla electric vehicles end up having the longest average auto term loans, a new study from LendingTree says. LendingTree surveyed over 29,000 auto loans spanning over three years to conclude that Tesla drivers are applying and receiving the longest term loans. months, Kia at 64.8

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