Motorsport 1 Mini Wants To Sell Go-Kart-Like Driving Philosophy By Going Racing But it is not sure how precisely to do so. Recall 1 Hyundai Facing Yet Another High-Profile Class-Action Lawsuit This time, there’s a fire threat concerned. Off-Road 3 Electric Mercedes G-Class Reveal Timeline Confirmed Expected to be called the Mercedes EQG, the reinvented icon is not far away… Teaser eight Nissan Hardbody To Make Triumphant Return At Detroit Auto Show Is it a new mannequin or a trim level? Industry News 7 Toyota Production Crippled By The Tiniest Problem Someone forgot to install extra storage capacity within the firm’s servers.
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The prime 10 sold 1,408,912 retail and fleet autos in 2022 and commanded 10.2 p.c of industry new-vehicle sales, up nearly a full level of share and crossing the ten % threshold for the primary time. The top 150 sold 3,440,740 retail and fleet autos final 12 months and held 24.eight p.c of industry new-vehicle gross sales, up by a half-point from a yr in the past. Keating Auto is amongst dozens of dealership teams seeking progress by way of retailer acquisitions and driving consolidation in automotive retail. Honda joins different automakers like Mercedes-Benz, Volvo and Nissan by reaching an settlement with Tesla to undertake the North American Charging Standard for its electrical autos . Safford Automotive ranks No. 104 on Automotive News’ listing of the highest a hundred and fifty dealership teams based in the united states, retailing 9,847 new autos in 2021. Brown Automotive retailed 11,770 new autos in 2021, based on real property providers agency Cushman & Wakefield, which represented Brown Automotive in the November deal.
Automotive IT was started in 1997 focusing on the auto IT business and solutions. Automotive News Canada launched in 2015 and focuses on the Canadian automotive industry. George Slocum had felt for years that the auto industry needed a trade newspaper, and in 1925 he secured the monetary backing to begin out one. Automotive News began as Automotive Daily News Slocum Publishing and issued the primary issue in New York on August 27, 1925, with Slocum as its Detroit promoting supervisor. Dealers ought to be prepared for 2024’s used automotive finance market to become more and more aggressive, we’re predicting at iVendi.
The total market rose 17 p.c to 1.33 million final month, GlobalData said in a preliminary report Tuesday, with retail gross sales of 1.099 million and 230,000 fleet shipments. Analysts expected August gross sales to rise between 15 and 20 p.c yr over year. Honda will be a part of Ford, GM and other electrical car makers in adopting Tesla’s charging know-how, the corporate announced Thursday. Amid the fierce competition all through the globe to develop hydrogen mobility applied sciences to attain carbon neutrality, a brand new technology for a 2-liter class hydrogen-fueled engine capable … As earnings season wraps up, many firms swear they’re the exception — that the upcoming massive funding spherical or impending product launch differentiates them from the remainder. That their leadership’s either disruptive and entrepreneurial type or deep trade experience will push them ahead.
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“In 2025, the majority of functions coming into the market might be 800 volt,” said Dirk Kesselgruber, president of thIMG02e electrical drivetrain division at GKN, certainly one of a number of Tier 1 suppliers that have embraced the expertise. GKN is providing 800-volt-ready parts similar to e-axles, with a watch to beginning sequence manufacturing in 2025. The apex of Automotive News’ rating of used-vehicle champions looks markedly completely different this 12 months. And the list’s longtime chief CarMax Inc. has departed, as have on-line used-vehicle retailers Carvana Co., Vroom Inc. and Shift Technologies Inc.
In the world of vehicles, pace and power are taking a again seat to developments in technology and innovation. ORA Good Cat stormed the native scene as one of many initial electric automobile in Malaysia’s compact automobile category, encompassing all the fundamental … Aston Martin Kuala Lumpur has just taken exclusivity to an entire new stage man. Staluppi has been acquiring, too, buying a Chevrolet store in Brooklyn, N.Y., in December. He predicts extra dealerships will go up for sale within the next few years and plans to remain in buying mode but will be selective. On the store facet, the top 10 owned 1,617 shops or 8.9 % of Automotive News’ complete count of franchised dealerships in the us, up from 8.6 % a year in the past.
“Much of the present DC fast charging infrastructure is for 400-volt autos,” said BorgWarner’s Husted. “To permit the sooner charging that 800 volt enables, the most recent era of high-voltage, high-power DC fast chargers shall be wanted.” At the identical time, as a end result of greater voltages supply the same amount of power with less present, cables and wires could be made smaller and lighter, chopping down on consumption of expensive and heavy copper. The main profit is an approximately 50 p.c sooner charging time for a similar battery size.