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Sixt to buy up to 250,000 Stellantis cars – ET Auto

Baua Electric

German car rental group Sixt said Tuesday it has agreed to buy up to 250,000 cars from automaker Stellantis in a “multi-billion euro” deal that includes electric vehicles. The purchases will extend to 2026 and concern Europe and North America, the two companies said in a joint statement.

Buy 52
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

And unlike previous recessions, we’re not just dealing with people’s fears or purchase delays. Markets were significantly hit in Italy, France, Spain, Austria, Ireland, Slovenia, Greece and Portugal, where the combined volume fell from 634,600 units in March 2019 to 161,800 units last month. —Felipe Munoz, JATO’s global analyst.

Europe 261
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Accenture Study Finds Consumers Will Require More Than Fuel Savings From Hybrid and Electric Vehicles; Cost, Vehicle Dynamics, In-Vehicle Services

Green Car Congress

According to a new Accenture study of 1,800 consumers in Germany, France, Italy, Canada and the US, while interest in hybrid and electric vehicles may be growing, consumers do not see fuel savings as the only purchasing factor and are demanding more from automakers. Just 36% of respondents cited higher fuel prices as a reason to buy.

Hybrid 218
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Groupe PSA and FCA agree to merge; 4th largest OEM by volume, 3rd by revenue

Green Car Congress

Fiat Chrysler Automobiles N.V. The efficiencies that will be gained from optimizing investments in vehicle platforms, engine families and new technologies while leveraging increased scale will enable the business to enhance its purchasing performance and create additional value for stakeholders. and Peugeot S.A. in the merged entity.

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OC&C survey finds US consumers lag behind major industrialized countries in embracing electric/hybrid vehicles

Green Car Congress

Americans are much less likely than consumers in other major industrialized countries to purchase an electric vehicle or hybrid, largely because of concerns over access to charging stations away from home, according to a survey by global consulting firm OC&C Strategy Consultants.

Industry 170
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Criticism for Korean green car support

Green Cars News

If a person buys a hybrid car in Korea starting next month, the buyer will benefit from up to 3.1million won ($2,472) in acquisition and registration tax breaks as the government bids to make Korea a leading green country. Kang Cheol-gu, an executive of the Korea Automobile Manufacturers Association, says the subsidy is insufficient.

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Road Test: 2024 Rolls-Royce Spectre EV

Clean Fleet Report

In the automobile industry some brands say covering the seats in leather makes an economy car luxury. Rolls-Royce explains “Named after a cove in the South of France where Sir Henry Royce and his design team spent their winters, Canadel is tactile, with a light satin finish that retains the material’s natural texture.