April 17, 2024
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Unveiling the Best Used Cars: A Comprehensive Guide
Comprehending and Fixing Hail Damage to Your Car
Cars That Captivate the Youth Worldwide
The Dawn of Automotive Evolution
A Comprehensive Guide to Smart Purchases
Navigating the Used Automotive Dealer Landscape: A Comprehensive Guide
Equipping Yourself for Auto Repair: A Comprehensive Guide
Unlocking the Secrets of Salvage Vehicle Auctions
Maximizing Value – How to Choose the Right Auto Parts for Sale
Deciphering the Universe of Used Car Prices
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Unveiling the Best Used Cars: A Comprehensive Guide Comprehending and Fixing Hail Damage to Your Car Cars That Captivate the Youth Worldwide The Dawn of Automotive Evolution A Comprehensive Guide to Smart Purchases Navigating the Used Automotive Dealer Landscape: A Comprehensive Guide Equipping Yourself for Auto Repair: A Comprehensive Guide Unlocking the Secrets of Salvage Vehicle Auctions Maximizing Value – How to Choose the Right Auto Parts for Sale Deciphering the Universe of Used Car Prices
Aug
2022
31

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New CarDo you know that folks all around the United States are given model new free vehicles to drive, and so they don’t have to fret about making car funds or paying for car maintenance. You probably have your coronary heart set on a selected model, color or options, name the dealership earlier than you go to. Ensure the supplier has the mannequin you need. Typically a seller will provide to get the one you need from one other seller. Do not do that. You could end up paying extra costs for towing. In some circumstances, when the automobile arrives, it will not be precisely what you want. To avoid these points, deal directly with the dealer that has the car on the lot. Glass sealants will help you shield your loved ones and loved ones too. By lowering the risks of accidents induced as a result of poor visibility, it …

Aug
2022
31

Will 2024 bring the last gas-powered Ford Mustang?

That mix is ​​beginning to shift quickly, though, and Ford is rushing to get ahead of the curve. Since April 1, it has reported selling 286 more of its Mustang Mach-E electric crossover in the US than gasoline Mustangs.

The company recently stopped selling the EcoSport in North America, and the Transit Connect, Escape and Edge are expected to vanish in the coming years. Ford is now largely focused on the F-Series, Mustang and Bronco — vehicle families using platforms with relatively long life cycles that can be occasionally upgraded with derivatives and special editions, reducing the urgency of ground-up redesigns.

Enter the 2024 Mustang. The car has a new platform, called S650, but it’s not expected to depart drastically from the current S550 model. A hybrid variant that was planned for mid-decade has been scrapped, according to three people familiar with the plans, and the car isn’t expected to

Aug
2022
30

Mercedes’ Alabama plant could go all-electric

VANCE, Ala. — Mercedes-Benz’s US assembly plant, which has been building gasoline-powered trucks for 25 years, could switch to all-electric vehicle production as early as 2025, the luxury brand’s global production chief Jörg Burzer told Automotive News Thursday.

It’s a bold bet on EV adoption in the US and worldwide.

On Thursday, Mercedes’ more than 6-million-square-foot factory in Vance, Ala., celebrated the start of production of the plant’s first electric model — the battery-powered version of Mercedes’ flagship GLS.

The EQS full-size SUV is the first of two EVs initially planned for the factory, and will roll into US stores in the fall. Early next year, the plant will also begin producing the EQE, the electric version of Mercedes’ top-selling GLE midsize crossover, Burzer said.

Vance will supply EQEs to all markets except China, pumping out more than 100,000 EVs next year, a third of its annual capacity of 305,000.

Aug
2022
29

How Amazon is giving Rivian an edge in the EV industry

Following in Tesla’s footsteps, another electric vehicle company has been making a name for itself, with a unique spin: Rivian Automotive.

Founded in 2009, Rivian is focusing on upscale electric trucks and SUVs with an emphasis on outdoor adventure. CNBC’s John Rosevear calls them the “Patagonia of electric vehicles.”

Rivian launched its first vehicle, the R1T electric truck, at the end of last year. It’s been working to scale up production and is planning to ship its SUV — the R1S — built off of the same platform, later this year.

It’s been a long and arduous road to get to this point. But Rivian has received some major assistance, including $700 million from Amazon in 2019 and $500 million from Ford a few months later. Initially, Rivian and Ford sought to develop a joint vehicle together, but the companies ended up canceling those plans.

However, the partnership with Amazon

Aug
2022
26

Tesla crushes luxury registrations so far in 2022

“Tesla’s growth is expected, but what’s more exciting to see is the fiery jump in sales for legacy automakers that have introduced new EVs onto the scene only recently,” said Robby DeGraff, industry analyst at AutoPacific.

Tesla new-vehicle registrations in the January-June period rose to 228,989 from 142,543 in the year-ago period. Registrations for luxury competitor BMW fell by 13 percent to 157,838 vehicles. Lexus saw a 19 percent drop to 133.616 and Mercedes was down 14 percent to 133.520, according to Experian.

Because Tesla doesn’t break out US sales, the registration data serves as a proxy for comparison with other brands in the US Registration numbers may include estimates and don’t track perfectly with official sales.

In addition to taking the luxury-segment crown, Tesla dominated the full-EV market among all brands, luxury and mainstream, with a 68 percent share, similar to last year. In the first half, EVs made

Aug
2022
24

Audi, Porsche, Kia say EV buyers in the US will lose tax credit under legislation

WASHINGTON — Audi of America, Kia and Porsche said buyers of its electric vehicles will lose access to federal tax credits of up to $7,500 once President Joe Biden signs a $430 billion climate, health and tax measure.

The legislation set to be approved by the US House of Representatives on Friday “will have consequential impact on our business and to our consumers,” Audi said.

The brand said only its plug-in hybrid models will retain its existing federal credit through the rest of the year.

The bill makes any electric vehicles assembled outside North America ineligible for tax credits, which has brought criticism from the European Union, South Korea and many automakers.

The bill does allow credits for customers with binding contracts for vehicles not yet delivered when Biden signs the legislation.

Kia said in a letter to its US dealers that the bill means all of its EV and

Aug
2022
23

Auto suppliers are asking for contract relief

That maneuver, occurring around the industry, is putting even more financial pressure on Tier 1 companies as they deal with pricing pressures of their own, he said.

“We negotiate and we’re paying the difference,” D’Eramo said. “Most of the supply base is doing the same thing. We’re trying to work with our customers to make adjustments that are in line with the adjustments that we make with Tier 2s. That’s the fair way to do it.”

D’Eramo told an audience at an industry conference this month that several of his smaller European subsuppliers have recently gone bankrupt.

“I think every week we have a bankrupt subsupplier in Europe,” he said.

Suppliers are facing financial difficulties even as automakers report high profit margins and lower debt levels. Consulting firm AlixPartners estimates that automakers as a group reduced net debt by $103 billion, or about 11 percent, between 2020 and 2021, while

Aug
2022
21

Alibaba Cloud, Deloitte set up China facility to drive automotive applications

Alibaba Cloud and Deloitte China have teamed up to launch a facility that focuses on developing applications for the automotive sector. The new center looks to tap a market they say will be home to the world’s largest autonomous vehicle industry by 2035.

Called Deloitte-Alibaba Cloud Auto Industry Center, the new site will develop applications that include autonomous driving, smart manufacturing, and digital marketing, the two partners said in a joint statement Tuesday.

The center will be supported by Deloitte China’s automotive cloud services team that specializes in products and services that encompass digital supply chain, intelligent network connectivity, and cybersecurity. Alibaba’s cloud computing resources spanning artificial intelligence (AI) and networking will also be tapped.

The two companies added that their partnership would look to facilitate the automotive sector’s cloud deployment and digitalization efforts.

Citing Deloitte’s research, Deloitte China’s automotive industry lead Andy Zhou said China was projected to be

Aug
2022
20

Shifts in used-car market cut into proceeds, trigger resets

Higher transaction prices are “just taking some people out of the market,” Penske said.

In the US, vehicles that once sold at CarShop’s preferred price point of $20,000 became more costly to acquire, meaning their price tags had to move to $30,000 territory, Penske said. It considered lower-value vehicles — those between $8,000 and $12,000 — but decided those are wholesale vehicles, not ones to retail.

Sonic President Jeff Dyke said late last month that the retailer is seeing demand for vehicles up to 8 years old. It started to include such older vehicles in EchoPark’s inventory earlier this year after having difficulty securing 1- to 4-year-old vehicles.

Demand now has dropped for “a $640 monthly payment for pre-owned, and that’s what you’re getting when you’re selling a 1- to 4-year-old car right now,” Dyke said.

Though per-vehicle profitability at Lithia Motors dropped 11 percent in the second quarter, CEO

Aug
2022
19

Porsche production hit by supply chain problems

Potential gas freeze

A Russian gas supply freeze could also affect the industry in unpredictable ways, despite the best efforts of automakers to save energy or obtain it from other sources, Reimold said.

“The chain always breaks at the weakest link,” he said. “Some areas are particularly dependent on gas, such as glass production.”

Time and again in recent months, automakers have had to interrupt production or even shut it down completely due to a shortage of components.

Porsche delivered 145.860 vehicles to customers in 2022 in the first half of the year. This represents a decline of five percent compared to the same period last year.

The tense situation on the semiconductor market is compounded by planning problems due to the recent COVID-19 lockdowns in China and the consequences of the war in Ukraine.

Experts at the data service provider IHS Markit believe that German automakers alone will be